Ravi Jaipuria
Ravi Jaipuria | |
|---|---|
| Born | India |
| Occupation | Businessman |
| Known for | Chairman of RJ Corp, Varun Beverages, Devyani International |
| Notable work | Varun Beverages, Devyani International |
| Spouse | Dhara Jaipuria |
| Children | 2 (Varun and Devyani) |
Ravi Jaipuria is a prominent Indian billionaire and business leader, serving as the chairman of RJ Corp. He oversees Varun Beverages, which ranks among the top bottlers of PepsiCo beverages outside the United States, and Devyani International, the largest franchise operator in India for Yum! Brands, managing outlets such as KFC, Pizza Hut, Costa Coffee, and TWG Tea. Jaipuria is popularly referred to as India's cola king due to his significant influence in the beverage bottling sector.
Education and career
Jaipuria completed his business management studies in the United States before returning to India in 1985 to join his family's bottling enterprise for Pepsi-Cola. He also holds a minority ownership in Medanta, a healthcare company. In 2013, through Varun Beverages, he purchased the Pepsi production and marketing operations in Delhi previously owned by his brother, CK Jaipuria.
Varun Beverages made its stock market debut on both the BSE and the NSE following its 2016 initial public offering. Likewise, Devyani International Limited was publicly listed on these exchanges after its IPO in 2021. As of October 2024, Forbes ranked Jaipuria 14th among India's wealthiest individuals, estimating his net worth at $17.3 billion.
Personal life
Jaipuria is married to Dhara Jaipuria and they have two children: a son named Varun and a daughter named Devyani. He belongs to a Marwari Hindu family background.
Recognition
- In 1999, Ravi Jaipuria was honored with the Bottler of the Year award by PepsiCo, an accolade presented to him by former US President George H. W. Bush.
- Forbes placed him at position #83 on its India Rich List in 2016, highlighting his enduring influence within the business community.
- His consistent ascent in wealth is reflected in his previous Forbes India Rich List standings: #73 in 2015, #60 in 2014, and #47 in 2013.