Ravi Jaipuria
Ravi Jaipuria | |
|---|---|
| Born | Ravi Kant Jaipuria[1] |
| Nationality | Indian |
| Occupation | Businessperson |
| Organization(s) | RJ Corp, Devyani International, Varun Beverages, Creambell,[2] J-Mart[3] |
| Children | 2 |
| Parent |
|
Ravi Jaipuria is an Indian billionaire businessman and chairman of RJ Corp.[4][5] Under RJ Corp, he manages Devyani International, which is India's largest franchisee of Yum! Brands and operates KFC, Pizza Hut, Costa Coffee and TWG Tea outlets.[6][7] The other listed company under RJ Corp, Varun Beverages is the second-largest bottling partner for PepsiCo's soft drink brands outside the US.[6] He is referred to as India's cola king.[8][1]
Career
Jaipuria studied business management in the United States and returned to India in 1985. He joined the family business as a bottler for Coca-Cola.[5] He also holds a minority stake in Medanta, a health care firm.[9]
Varun Beverages got listed on BSE and NSE after an initial public offering in 2016.[10] Devyani International got listed on the BSE and NSE after its IPO in 2021.[11]
As of August 2022, Jaipuria has an estimated net worth of approximately $7.5 billion as ranked by Forbes.[10]
Personal life
His wife died in a plane crash in 1985.[5][12] He has two children, one son named Varun and a daughter named Devyani.[6] He hails from a Marwari family.[5]
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.[13][1]
- According to Forbes, Ravi Jaipuria ranked #83 in Forbes's India Rich List in 2016.[9]
- 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.[9]
References
- ^ a b c Gupta, Surajeet Das (19 June 2004). "The bottling king of India". Rediff.com.
- ^ Sarkar, John (16 December 2015). "Billionaire Ravi Jaipuria set to enter dairy business". The Economic Times.
- ^ Bailay, Rasul; Bhushan, Ratna (28 March 2019). "Ravi Jaipuria to exit loss-making grocery retail business". The Economic Times.
- ^ Karmali, Naazneen (26 March 2013). "Ravi Jaipuria: India's Bottler-Billionaire". Forbes.
- ^ a b c d Karmali, Naazneen (5 February 2013). "Pepsi Bottler Ravi Jaipuria Is Newest Indian Billionaire". Forbes.
- ^ a b c Sounak, Mitra (17 August 2016). "Ravi Jaipuria's $5-billion dream". Livemint.
- ^ Balachandran, Manu (27 November 2019). "India's Richest 2019: KFC's Ravi Jaipuria chicken wings-bet". Forbes India.
- ^ Pinto, Viveat Susan (12 April 2014). "Ravi Jaipuria: Cola king of bottling operations". Business Standard.
- ^ a b c "Ravi Jaipuria -Rich list". Forbes India.
- ^ a b "#908 Ravi Jaipuria - Billionaires 2020". Forbes. 2020.
- ^ Dhanjal, Swaraj Singh (3 August 2021). "Jaipurias sell ₹250 cr stake before Devyani IPO". mint. Retrieved 26 August 2022.
- ^ Bhushan, Ratna (4 November 2019). "Living in fast lane is not so tough for Ravi Jaipuria". The Economic Times.
- ^ Gupta, Surajeet Das (22 February 2019). "No bottling up: What makes Ravi Jaipuria take new challenges in business". Business Standard.