Ravi Jaipuria

Ravi Jaipuria is an Indian billionaire and chairman of RJ Corp.[5][6] He owns fast-food outfit Devyani International, a franchisee for brands such as KFC, Pizza Hut, Costa Coffee and TWG Tea.[7][8] He is referred to as India's cola king.[9][1]

Ravi Jaipuria
Born
Ravi Kant Jaipuria[1]
NationalityIndian
OccupationBusinessperson
OrganizationRJ Corp, Devyani International, Varun Beverages, Creambell[2], J-Mart[3]
Net worth$2.1 billion (2019)[4]
Children2
Parent(s)
  • Chunilal Jaipuria (father)

His company, Varun Beverages is the second-largest bottling partner for the US food and beverages company PepsiCo[7] and it got listed on BSE and NSE in 2016.[4]

Ravi studied business management in the United States and returned to India in 1985. He joined the family business as a bottler for Coca Cola.[6] He also holds a minority stake in Medanta, a health care firm.[10]

As of 2019, Jaipuria has been ranked by Forbes as the 53rd wealthiest Indian, with an estimated net worth of approximately $2.1 billion.[4]

Personal life

His wife died in a plane crash in 1985.[6][11] He has two children, one son named Varun and a daughter named Devyani.[7] He hails from a Marwari family.[6]

Recognition
  • Ravi Jaipuria was awarded the Bottler of the Year by PepsiCo in 1999. He received the award from former US President George H. W. Bush.[12][1]
  • According to Forbes, Ravi Jaipuria ranked #83 in Forbes's India Rich List in 2016.[10]
  • He was placed #73 in Forbes's India Rich List in 2015, #60 in Forbes's India Rich List 2014 and #47 in Forbes's India Rich List 2013.[10]
gollark: If you want to encourage firms, make it *pay* M¢ to make a firm!
gollark: Apparently my online meme library has reached 2583 memes (well, memes-or-something).
gollark: Bees.
gollark: Well, my school is closed until... next academic year or longer... and I don't have to do exams. Yay!
gollark: Well, that sounds like a worryingly large workload.

References
  1. Gupta, Surajeet Das (June 19, 2004). "The bottling king of India". Rediff.com.
  2. Sarkar, John (December 16, 2015). "Billionaire Ravi Jaipuria set to enter dairy business". The Economic Times.
  3. Bailay, Rasul; Bhushan, Ratna (March 28, 2019). "Ravi Jaipuria to exit loss-making grocery retail business". The Economic Times.
  4. "#908 Ravi Jaipuria - Billionaires 2020". Forbes. 2020.
  5. Karmali, Naazneen (March 26, 2013). "Ravi Jaipuria: India's Bottler-Billionaire". Forbes.
  6. Karmali, Naazneen (February 5, 2013). "Pepsi Bottler Ravi Jaipuria Is Newest Indian Billionaire". Forbes.
  7. Sounak, Mitra (August 17, 2016). "Ravi Jaipuria's $5-billion dream". Livemint.
  8. Balachandran, Manu (November 27, 2019). "India's Richest 2019: KFC's Ravi Jaipuria chicken wings-bet". Forbes India.
  9. Pinto, Viveat Susan (April 12, 2014). "Ravi Jaipuria: Cola king of bottling operations". Business Standard.
  10. "Ravi Jaipuria -Rich list". Forbes India.
  11. Bhushan, Ratna (November 4, 2019). "Living in fast lane is not so tough for Ravi Jaipuria". The Economic Times.
  12. Gupta, Surajeet Das (February 22, 2019). "No bottling up: What makes Ravi Jaipuria take new challenges in business". Business Standard.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.