{"id":1292977,"date":"2025-04-03T09:34:35","date_gmt":"2025-04-03T04:04:35","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1292977"},"modified":"2025-04-03T09:35:10","modified_gmt":"2025-04-03T04:05:10","slug":"ratan-tata-leaves-rs-1-crore-for-cook-rs-10-lakh-for-secretary-waives-off-loans","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/ratan-tata-leaves-rs-1-crore-for-cook-rs-10-lakh-for-secretary-waives-off-loans\/","title":{"rendered":"Ratan Tata Leaves Rs 1 Crore For Cook, Rs 10 Lakh For Secretary, Waives Off Loans"},"content":{"rendered":"\n<p>Ratan Tata, the legendary industrialist who passed away in <strong>October 2024<\/strong>, has left over <strong>\u20b93 crore<\/strong> for his <strong>domestic and office staff<\/strong> in his will. As per <em>Times of India<\/em>, the <strong>executors of his will<\/strong> have been directed to distribute \u20b915 lakh to <strong>domestic staff who served him for at least seven years<\/strong>, with the amount allocated based on <strong>years of service<\/strong>.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"545\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-10-10-at-8.06.10\u202fAM-2048x1090-1-1024x545.png\" alt=\"\" class=\"wp-image-1292998\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-10-10-at-8.06.10\u202fAM-2048x1090-1-1024x545.png 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-10-10-at-8.06.10\u202fAM-2048x1090-1-300x160.png 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-10-10-at-8.06.10\u202fAM-2048x1090-1-768x409.png 768w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-10-10-at-8.06.10\u202fAM-2048x1090-1-1536x818.png 1536w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2025\/04\/Screenshot-2024-10-10-at-8.06.10\u202fAM-2048x1090-1.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Financial Grants for Staff<\/strong><\/h3>\n\n\n\n<p>Apart from his primary estate distribution, <strong>Tata\u2019s will includes specific bequests for key staff members<\/strong>, such as:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u20b91 crore<\/strong> to his <strong>longtime cook<\/strong>, Rajan Shaw, including a <strong>loan waiver of \u20b951 lakh<\/strong>.<\/li>\n\n\n\n<li><strong>\u20b966 lakh<\/strong> to <strong>his butler, Subbaiah Konar<\/strong>, with a <strong>\u20b936 lakh loan waiver<\/strong>.<\/li>\n\n\n\n<li><strong>\u20b910 lakh<\/strong> to <strong>his secretary, Delnaz Gilder<\/strong>.<\/li>\n\n\n\n<li><strong>\u20b91 lakh<\/strong> for <strong>part-time helpers and car cleaners<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p>Tata\u2019s generosity extended beyond his direct staff. He <strong><a href=\"https:\/\/www.hindustantimes.com\/trending\/ratan-tata-leaves-rs-1-crore-to-cook-rs-10-lakh-to-secretary-key-details-of-his-will-revealed-101743558727751.html\">waived a \u20b91 crore loa<\/a>n<\/strong> given to his <strong>executive assistant, Shantanu Naidu<\/strong>, for his <strong>MBA at Cornell University<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Estate Distribution and Charitable Contributions<\/strong><\/h3>\n\n\n\n<p>Ratan Tata&#8217;s <strong>\u20b93,800-crore estate<\/strong> was largely bequeathed to the <strong>Ratan Tata Endowment Foundation and the Ratan Tata Endowment Trust<\/strong>, continuing his legacy of <strong>philanthropy and social service<\/strong>.<\/p>\n\n\n\n<p>He also directed that his <strong>clothing collection<\/strong>, which included brands like <strong>Brooks Brothers, Hermes, Polo, Daks, and Brioni suits<\/strong>, should be <strong>donated to NGOs<\/strong> for the underprivileged.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Special Bequest for His Pet Dog Tito<\/strong><\/h3>\n\n\n\n<p>A well-known <strong>animal lover<\/strong>, Ratan Tata ensured that his <strong>German Shepherd, Tito<\/strong>, was well taken care of. His will allocated <strong>\u20b912 lakh for Tito\u2019s care<\/strong>, with <strong>\u20b930,000 disbursed every quarter<\/strong>. Tito will remain under the <strong>care of his cook, Rajan Shaw<\/strong>.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Loan Waivers for Close Associates<\/strong><\/h3>\n\n\n\n<p>Tata\u2019s will also included <strong>loan waivers<\/strong> for people close to him, including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A <strong>\u20b91 crore loan waiver<\/strong> for his executive assistant, <strong>Shantanu Naidu<\/strong>.<\/li>\n\n\n\n<li>An <strong>\u20b918 lakh waiver<\/strong> for his <strong>driver, Raju Leon<\/strong>.<\/li>\n\n\n\n<li>A <strong>waiver for a loan<\/strong> he had extended to his <strong>neighbor<\/strong>.<\/li>\n<\/ul>\n\n\n\n<p>In his will, dated <strong>February 23, 2022<\/strong>, Tata explicitly stated:<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cI direct my executors that they shall not take any steps to recover the loans (from Shaw, Konar, and Raju Leon), and the same shall not be considered as owing to my estate. I direct that the amount of the loan shall be considered a bequest from me to the concerned servants\/driver.\u201d<\/p>\n<\/blockquote>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Conclusion<\/strong><\/h3>\n\n\n\n<p>Ratan Tata\u2019s will reflects his <strong>lifelong generosity and commitment to those who served him<\/strong>. While his <strong>fortune continues to fund philanthropic endeavors<\/strong>, his <strong>staff and even his pet dog Tito<\/strong> have received significant benefits. His actions serve as a <strong>testament to his values of loyalty, compassion, and gratitude<\/strong>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ratan Tata, the legendary industrialist who passed away in October 2024, has left over \u20b93 crore for his domestic and office staff in his will. As per Times of India, the executors of his will have been directed to distribute \u20b915 lakh to domestic staff who served him for at least seven years, with the [&hellip;]<\/p>\n","protected":false},"author":30,"featured_media":1292998,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[5912],"class_list":["post-1292977","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-ratan-tata"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Ratan Tata Leaves Rs 1 Crore For Cook, Rs 10 Lakh For Secretary, Waives Off Loans - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/ratan-tata-leaves-rs-1-crore-for-cook-rs-10-lakh-for-secretary-waives-off-loans\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ratan Tata Leaves Rs 1 Crore For Cook, Rs 10 Lakh For Secretary, Waives Off Loans - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"Ratan Tata, the legendary industrialist who passed away in October 2024, has left over \u20b93 crore for his domestic and office staff in his will. 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