New Delhi : Ratan Tata, who has been recognized as the country's largest and greatest businessman, is not present in any introduction. Even though he has retired this world, his memories are still alive in the hearts of people. The biggest question after his death is who will be the owner of Tata's assets worth 15000 crores. Suspense is still intact on this question, let's give you information about it.
Ratan Tata's will included his foundation, his brother Jimmy Tata, his half -sisters Shirin and Dinna Jeejibhoy and some members of his personal staff. The will of Ratan Tata has made careful arrangements for people close to him, including the names of all these people.
It is being told that the foundation of Ratan Tata will run with his personal money, which will do social work. However, it is not yet decided who will be the trustee of RTEF. The reason for this confusion is that Ratan Tata has not mentioned it in his will. It is now expected that people associated with the Tata Group can seek the help of a person without any favor. According to some media reports, a retired Chief Justice of the Supreme Court can be made an arbitrator in this case, which will decide that the right to choose the trustees, the people who implemented Tata's will, who among the members of the Tata Family or Tata Trust Is near?
Ratan Tata created RTEF and Ratan Tata Endowment Trust Institutions in 2022 for social work, which were being run by their money. Ratan Tata had a 0.38 percent stake in Tata Sons, the holding company of Tata Group, the country's largest business house in RTEF. Ratan Tata had a personal property according to the Hurun Rich list, Rs 7900 crore. However, due to the stakeholders in his companies, his total net worth was more than Rs 15,000 crore.
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Ratan Tata used most of his earnings for social service. In such a situation, it is expected that RTEF will manage most of their property while the rest will be seen by the trust. Also, all the trains including their luxury cars will be auctioned and the money will be put in the RTEF. Ratan Tata wanted his money to be welfare of society.
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