Impatiens

by | Dec 19, 2023 | Impatiens

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Ravi Jaipuria is an Indian billionaire business magnate and chairman of RJ Corp.[4][5] 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.[6][7] 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 Pepsi-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 December 2023, Jaipuria has an estimated net worth of approximately $14.2 billion as ranked by Forbes.[10]

Personal life

His wife's name is Dhara Jaipuria. [5][12] He has two children, one son named Varun and a daughter named Devyani.[6] He hails from a Marwari Hindu family.[5]He has a brother named CK Jaipuria, who owns units of Pearl Drinks Limited, a preform and bottling firm for PepsiCo.

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

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