Ratan Tata will: From education loan waiver to ownership stake – what will trainee Shantanu Naidu get

Shantanu Naidu mentioned in Ratan Tata's will.

2024-10-26 20:12:47 :

Veteran industrialist Ratan Tata, who died earlier this month, left his estate and assets to his family, employees and pet dogs.

His disciple Shantanu Naidu is mentioned in his writings $100 billion will be.

Ratan Tata has reportedly relinquished ownership of Goodfellows, a business founded by Naidu in 2021 to provide assistance to senior citizens living alone in India.

Ratan Tata also waived off Naidu’s education loan in his will.

Shantanu Naidu received his engineering degree from Savitribai Phule Pune University in 2014. In 2016, he earned his MBA from the Cornell Johnson Graduate School of Management.

Ratan Tata and Shantanu Naidu’s friendship

Naidu met Tata through a letter he wrote to an industrialist on the advice of his father. In it, Naidu tells Tata about his project to protect stray dogs from road accidents. Tata responded to his letter within two months.

Naidu worked as an automotive design engineer at Tata Elxsi, where he initiated a project called Motopaws to protect stray dogs from road accidents. The project produces reflective collars for stray dogs.

According to reports, Naidu started working as Tata’s assistant in 2018.

Naidu attracted attention for his closeness and friendship with the veteran industrialist. A video of Ratan Tata celebrating his birthday with Naidu has gone viral on social media. In the video, Naidu can be seen singing happy birthday to the business tycoon.

After Ratan Tata’s death, Naidu shared a touching message to his mentor on LinkedIn, along with a photo.

“This friendship has left a hole in me that I will spend the rest of my life filling. Grief is the price paid for love. Goodbye, my dear beacon,” he wrote on the X.

Besides Naidu, Tata’s will also mentions his half-sisters Shireen Jejeebhoy and Deanna Jejeebhoy, his domestic staff and others. It also mentions his German shepherd, Tito.

His net worth is estimated at $10,000 crore, which includes a 2,000 sq ft beach bungalow in Alibaug, a two-storey house in Juhu Tara Road, Mumbai, fixed deposits of over $350 crore, and a 0.83% stake in Tata Sons, the holding company of the $165 billion Tata Group.

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