Ravi Jaipuria

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

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]

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 May 2021, Jaipuria has an estimated net worth of approximately $3.2 billion as ranked by Forbes.[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]

References[]

  1. ^ a b c 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. ^ a b c "#908 Ravi Jaipuria - Billionaires 2020". Forbes. 2020.
  5. ^ Karmali, Naazneen (March 26, 2013). "Ravi Jaipuria: India's Bottler-Billionaire". Forbes.
  6. ^ a b c d Karmali, Naazneen (February 5, 2013). "Pepsi Bottler Ravi Jaipuria Is Newest Indian Billionaire". Forbes.
  7. ^ a b c 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. ^ a b c "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.
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