Ravi Jaipuria is an Indian businessman and the head of RJ Corp. His company manages Varun Beverages, the PepsiCo soft drink brand’s second-largest bottling partner worldwide (excluding the United States). In addition, he manages Devyani International, Yum!’s largest franchisee. The Indian brand operates well-known outlets such as KFC, Pizza Hut, Costa Coffee and TWG Tea. Ravi Jaipuria is known as the Coke King of India.
Wiki/Biography
Ravi Kant Jaipuria was born on Sunday, November 28, 1954, in Delhi, India (age 69; as of 2023). His zodiac sign is Sagittarius. He completed his high school education from DPS, Mathura Road, New Delhi. Later, he went to the United States to study business management. At the age of 16, he moved from Canada to New York to further his education. After studying business management in the United States, Ravi Jaipuria returned to India in 1985. That year, after losing a close family member to Kanishka Air, he became part of the family bottling business, primarily a Pepsi-Cola business.
appearance
Hair Color: Salt and Pepper
Eye color: black
family
Parents and siblings
His father Chunilal Jaipuria is a businessman. He has two brothers namely Chandra Kant Jaipuria (Businessman) and Surya Kant Jaipuria (Businessman).
Photos of Chandra Kant Jaipur
Photos of Surya Kant Jaipur
wife and children
His wife’s name is Dhara Jaipuria.
Pictures of Dara Jaipuria
The couple has a son named Varun Jaipuria (businessman) and a daughter named Devyani Jaipuria (businesswoman).
Ravi Jaipuria and his son
Ravi Jaipuria and his daughter
religion
Ravi Jaipuria belongs to a Marwari Hindu family.
Profession
Ravi Jaipuria has been living in Montreal, Canada for about 14-15 years, focusing on textile and real estate investments. The youngest of CL Jaipuria’s three sons, he founded RJ Corp in 1987 after dividing the family bottling business between him and his elder brothers, Chandra Kant Jaipuria and Surya Kant Jaipuria.
RJ Corp Headquarters Pictures
Later, Ravi Jaipuria founded different beverage, food and retail companies named after his children Varun and Devyani. Varun Beverages manages PepsiCo’s bottling operations, while Devyani International integrates restaurants (KFC, Pizza Hut, Costa Coffee) and retail businesses (Disney Artist). In 1988-89, Ravi Jaipuria ventured into the ice cream business with Cream Bell.
Butter Bell pictures
The family’s partnership with PepsiCo in 1991 marked a successful business move for Ravi Jaipuria when the American company entered India. In 1996, Ravi Jaipuria introduced Pepsi-Cola’s fast-food chains Pizza Hut and KFC to India.
KFC logo
In 2001, he forayed into the education sector by franchising two Delhi government schools. At the same time, he also entered the real estate field through collective housing projects in 2002-03. Ravi Jaipuria’s business went through a challenging period in 2003 and 2006 due to pesticide controversies, causing Pepsi’s sales to plummet, falling by nearly 30% overnight. In 2005, he introduced Costa Coffee to India, and in 2007, he entered the beer market through a partnership with InBev Group.
Costa coffee logo
In 2009, Ravi Jaipuria mentioned in an interview with the media that 40% of his business came from Pepsi-Cola. He owns a small stake in healthcare company Medanta.
Healthcare company Medanta images
Awards and Achievements
- In 1999, Ravi Jaipuria received the Bottler of the Year Award from PepsiCo, an award presented by former US President George H.W. Bush.
- His Forbes rankings were No. 73 in 2015, No. 60 in 2014, and No. 47 in 2013.
- In 2016, Forbes ranked Ravi Jaipuria as the 83rd richest person in India.
- He subsequently received the Outstanding Entrepreneurship Award at the PHD Annual Excellence Awards 2018.
net worth
In December 2023, Ravi Jaipuria’s net worth was approximately $14.2 billion on the Forbes list.
Facts/Trivia
- Ravi Jaipuria says he loves watching movies of veteran actor Amitabh Bachchan and also enjoys vacations at the seaside, especially at his home in Goa.
- Although the three Jaipuriya brothers have separate businesses, they still maintain a shared family living arrangement.
Categories: Biography
Source: HIS Education