Ravi Jaipuria Explained

Ravi Jaipuria
Birth Name:Ravi Kant Jaipuria

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Ravi Jaipuria is an Indian billionaire business magnate and chairman of RJ Corp.[3] [4] Under RJ Corp, he manages Varun Beverages which is the largest bottling partner for PepsiCo's soft drink brands outside the US and Devyani International, which is India's largest franchisee of Yum! Brands and operates KFC, Pizza Hut, Costa Coffee and TWG Tea outlets.[5] [6] He is referred to as India's cola king.[7] [8]

Career

Jaipuria studied business management in the United States and returned to India in 1985. He joined the family business as a bottler for Pepsi-Cola.[4] He also holds a minority stake in Medanta, a health care firm.

Varun Beverages got listed on BSE and NSE after an initial public offering in 2016.[9] Devyani International got listed on the BSE and NSE after its IPO in 2021.[10]

As of December 2023, Jaipuria has an estimated net worth of approximately $14.2 billion as ranked by Forbes.[9]

Personal life

His wife's name is Dhara Jaipuria. [4] [11] He has two children, one son named Varun and a daughter named Devyani.[5] He hails from a Marwari Hindu family.[4] He has a brother named CK Jaipuria, who owns units of Pearl Drinks Limited, a preform and bottling firm for PepsiCo.

Recognition

Notes and References

  1. News: Sarkar . John . Billionaire Ravi Jaipuria set to enter dairy business . . 16 December 2015.
  2. News: Bailay . Rasul . Bhushan . Ratna . Ravi Jaipuria to exit loss-making grocery retail business . . 28 March 2019.
  3. News: Karmali . Naazneen . Ravi Jaipuria: India's Bottler-Billionaire . . 26 March 2013.
  4. News: Karmali . Naazneen . Pepsi Bottler Ravi Jaipuria Is Newest Indian Billionaire . . 5 February 2013.
  5. News: Sounak . Mitra . Ravi Jaipuria's $5-billion dream . . 17 August 2016.
  6. News: Balachandran . Manu . India's Richest 2019: KFC's Ravi Jaipuria chicken wings-bet . . 27 November 2019.
  7. News: Pinto . Viveat Susan . Ravi Jaipuria: Cola king of bottling operations . . 12 April 2014.
  8. News: Gupta . Surajeet Das . The bottling king of India . . 19 June 2004.
  9. News: #908 Ravi Jaipuria - Billionaires 2020 . . 2020.
  10. News: Dhanjal . Swaraj Singh . Jaipurias sell ₹250 cr stake before Devyani IPO . 26 August 2022 . mint . 3 August 2021 . en.
  11. News: Bhushan . Ratna . Living in fast lane is not so tough for Ravi Jaipuria . . 4 November 2019.
  12. News: Gupta . Surajeet Das . No bottling up: What makes Ravi Jaipuria take new challenges in business . . 22 February 2019.
  13. Web site: Ravi Jaipuria -Rich list . Forbes India.