Ravi Jaipuria is an Indian businessman and head of RJ Corp. His company looks after Varun Beverages, the second largest bottling partner for PepsiCo’s soft drink brands worldwide, excluding the US. Additionally, he also oversees Devyani International, the largest franchisee of Yum! Brands in India, which run famous outlets like KFC, Pizza Hut, Costa Coffee and TWG Tea. Ravi Jaipuria is widely known as the Cola King of India.
Contents
Wiki/Biography
Ravikant Jaipuria was born on Sunday, 28 November 1954 (age 69 years; as in 2023) in Delhi, India. Their zodiac sign is Sagittarius. He completed his higher secondary education from DPS, Mathura Road, New Delhi. Later, he studied business management in the United States. At the age of 16, he moved from Canada to New York for further education. After completing his business management studies in the United States, Ravi Jaipuria returned to India in 1985. That year, following the deaths of close family members at Kanishka Air, he became part of the family bottling business, dealing primarily with Pepsi-Cola. crash.
Physical Appearance
Hair Color: Salt and Pepper
Eye colour: black
Family
parents and siblings
His father Chunnilal Jaipuria was a businessman. He has two brothers named Chandrakant Jaipuria (Businessman) and Suryakant Jaipuria (Businessman).
A picture of Chandrakant Jaipuria
A picture of Suryakant Jaipuria
wife and children
His wife’s name is Dhara Jaipuria.
A picture of Dhara Jaipuria
The couple has a son named Varun Jaipuria (businessman), and a daughter named Devyani Jaipuria (businesswoman).
Ravi Jaipuria with his son
Ravi Jaipuria with his daughter
Religion
Ravi Jaipuria belongs to a Marwari Hindu family.
livelihood
Ravi Jaipuria spent approximately 14–15 years in Montreal, Canada, where he focused on textile and real estate ventures. He, the youngest of CL Jaipuria’s three sons, founded RJ Corp in 1987 after splitting the family bottling business between himself and his elder brothers, Chandrakant Jaipuria and Suryakant Jaipuria.
A photo of RJ Corp Head Office
Later, Ravi Jaipuria established separate companies for beverages, foods and retailing and named them after his children Varun and Devyani. Varun Beverages manages PepsiCo’s bottling operations, while Devyani International consolidates the restaurant (KFC, Pizza Hut, Costa Coffee) and retail ventures (Disney Artists). In 1988–89, Ravi Jaipuria ventured into the ice cream business with Cream Bell.
a photo of cream vine
The family partnered with PepsiCo when the American company entered India in 1991, which was a successful business move for Ravi Jaipuria. In 1996, Ravi Jaipuria launched PepsiCo’s fast-food chains Pizza Hut and KFC in India.
kfc logo
In 2001, he entered the field of education by creating a franchise of two Delhi public schools. Meanwhile, he also entered the real estate sector with group housing projects in 2002-03. Ravi Jaipuria experienced a challenging time in his business due to the pesticide controversies in 2003 and 2006, which led to a massive decline of approximately 30% in Pepsi sales overnight. In 2005, he launched Costa Coffee in India and in 2007, he entered the beer market through a partnership with InBev.
costa coffee logo
In a 2009 media interview, Ravi Jaipuria mentioned that 40% of his business comes from PepsiCo. He owns a small stake in healthcare company Medanta.
A photo of healthcare company Medanta
Awards and Achievements
- In 1999, Ravi Jaipuria was awarded the Bottler of the Year award from PepsiCo, presented by former US President George HW Bush.
- His Forbes rankings include #73 in 2015, #60 in 2014, and #47 in 2013.
- In 2016, Forbes listed Ravi Jaipuria at #83 on India’s Rich List.
- Subsequently he received the ‘Distinguished Entrepreneurship Award’ at the PhD Annual Awards for Excellence in 2018.
net worth
In December 2023, as per the ranking given by Forbes, Ravi Jaipuria’s net worth was estimated to be around $14.2 billion.
Facts/General Knowledge
- According to Ravi Jaipuria, he loves watching veteran actor Amitabh Bachchan’s films and holidaying on beaches, especially at his home in Goa.
- Although the three Jaipuria brothers had separate occupations, they continued to live in a joint family.
Categories: Biography
Source: vcmp.edu.vn