Ratan Tata: From education loan waiver to ownership share: What trainee Shantanu Naidu gets

Veteran industrialist Ratan Tata, who passed away earlier this month, left his legacy and assets to his family, his staff and his dog.

His apprentice, Shantanu Naidufind a mention in your $10,000 crore will do it.

Reportedly, Ratan Tata has relinquished his ownership in Goodfellows, Naidu’s company started in 2021, which aims to provide help to seniors living alone in India.

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

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

The friendship of Ratan Tata and Shantanu Naidu

Naidu met Tata through a letter he wrote to the industrialist on his father’s advice. In it, Naidu informed Tata about his project to protect stray dogs from road accidents. dad He responded to your letter within two months.

Naidu worked as an automobile design engineer at Tata Elxsi, where he launched a project called Motopaws, which aims to protect stray dogs from road accidents. The project makes reflective collars for stray dogs.

In 2018, Naidu allegedly started working as Tata’s assistant.

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

After Ratan Tata’s death, Naidu shared an emotional message for his mentor along with a photo on LinkedIn.

“The void that this friendship has left me now, I will spend the rest of my life trying to fill. Pain is the price to pay for love. Goodbye, my dear lighthouse,” he wrote in X.

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

His assets are estimated at $10,000 crore, including a 2,000 sq ft beach bungalow in Alibaug, a two-storey house on Juhu Tara Road in Mumbai, fixed deposits of more than $350 crore and a 0.83 per cent stake in Tata Sons, the holding company of the Tata Group, valued at $165 billion.

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