Ratan Tata’s Will Reveals Rs 500 Crore Gift to Mystery Beneficiary
A secret beneficiary in Ratan Tata’s will gets Rs 500 crore. Jamshedpur entrepreneur Mohini Mohan Dutta was a trusted ally for six decades.
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Ratan Tata, the late industrialist known for his leadership in the Tata Group and philanthropic efforts, had allocated his vast wealth to employees and charitable causes through his will. However, a recently surfaced document has revealed an unexpected beneficiary of Rs 500 crore, leaving many surprised.
According to reports, the individual named in the will is Mohini Mohan Dutta, a travel entrepreneur from Jamshedpur. Dutta, who has been in the travel industry for over six decades, managed "Stallion Travel Agency," which has collaborated with Taj Services, part of the Taj Group of Hotels, since 2013. Officials associated with the Tata Group confirmed that Dutta shared a close professional and personal bond with Ratan Tata.
Dutta stated that he had known Ratan Tata since the age of 24 and had received significant support from him throughout his career. He was also among the select few invited to Tata’s birthday celebration at the NCPA in Mumbai in December 2024.
The will further lists Tata’s longtime aides, including personal assistants Rajan Shah and Subbaiah, as well as his pet dog Tito, as beneficiaries. The majority of his assets, estimated at approximately Rs 10,000 crore, are allocated to various foundations established by Tata, his brother Jimmy Tata, and other associates, sources revealed.