Indian Chairman Who "Inherited 100 Billion Legacy to Dogs"...And a butler.

2024.10.30 AM 10:52
Forbes India X (X) Capture
Ratan Tata, honorary chairman of India's leading conglomerate Tata Group, who died of a chronic disease on the 9th, left a legacy of about 100 billion won for his dog "Tito."

According to Britain's Daily Mail on the 27th (local time), Tata's will said he would leave more than half of his 91 million pounds (about 163.3 billion won) in his legacy to his dog, "Tito."

Chairman Tata specified "unlimited care" for Tito as a condition of inheritance. As a result, a significant amount of inheritance will be distributed to secretaries and chefs who are taking care of Tito.

Such wills are not very common in India, local media said. "People with enormous wealth often accumulate property to hand over to their children, but rarely hand over generous legacies to dogs or butlers."





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Meanwhile, Tata was born in Mumbai, western India, in 1937 as the great-grandchild of the founder of Tata Group. After graduating from Cornell University in the U.S., he returned to India in the early 1960s and began his career in operation management at a steel company's Tata Steel plant.

In 2004, it acquired the former Daewoo Motor's commercial vehicle (truck) business division (currently Tata Daewoo Commercial Vehicle) and the British Jaguar-Land Rover from 2007 to 2008.

Tata Group is also called the "Samsung of India" for its various businesses such as automobiles, telecommunications, and finance.

Tata is known to have lived a simple life while being single while being born in a chaebol family and leading India's largest company.

Reporter Park Sun-young of Digital News Team


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