Ratan Tata trusted friend, half-sisters to execute his will
Ratan Tata named lawyer Darius Khambata and close friend and associate Mehli Mistry as executors of his will, along with half-sisters Shireen and Deanna Jejeebhoy, according to executives with knowledge of the matter.
Tata died on October 9 at the age of 86, with half-brother Noel Tata succeeding him as Tata Trusts chairman.
Ratan Tata held a 0.83% stake in Tata Sons and had a net worth of Rs 7,900 crore, according to the Hurun India Rich List 2024. He was always keen that a significant portion of his wealth go to charity and the welfare of society.
Nearly three-fourths of his wealth is tied to his shareholding in Tata Sons. In addition, Tata invested in nearly two dozen companies including Ola, Paytm, Tracxn, FirstCry, BlueStone, CarDekho, CashKaro, Urban Company and Upstox, although he had exited a few. Besides his Mumbai residence in Colaba, he had a holiday home at Alibaug, on the shores of the Arabian Sea.
The details of Tata’s will are private.
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