Ravi Jaipuria Wiki, Age, Wife, Family, Biography & More

Ravi Jaipuria is an Indian businessman and the head of RJ Corp. His company looks after Varun Beverages, the second-largest bottling partner for PepsiCo’s soft drink brands worldwide, except in the U.S. Besides, he oversees Devyani International, the largest franchisee of Yum! Brands in India, which runs well-known outlets such as KFC, Pizza Hut, Costa Coffee, and TWG Tea. Ravi Jaipuria is widely known as India’s cola king.

Wiki/Biography

Ravi Kant Jaipuria ^[1]RJ Corp was born on Sunday, 28 November 1954 (age 69 years; as of 2023) in Delhi, India. His zodiac sign is Sagittarius. He completed his higher secondary education at DPS, Mathura Road, New Delhi. Later, he studied business management in the United States. At the age of 16, he relocated 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. In that year, he became part of the family bottling business, primarily dealing with Pepsi-Cola, following the loss of close family members in the Kanishka air crash.

Physical Appearance

Hair Colour: Salt and Pepper

Eye Colour: Black

Family

Parents & Siblings

His father Chunilal Jaipuria was a businessman. He has two brothers named Chandra Kant Jaipuria (businessman) and Surya Kant Jaipuria (businessman).

Wife & Children

His wife’s name is Dhara Jaipuria.

The couple has a son named Varun Jaipuria (businessman), and a daughter named Devyani Jaipuria (businesswoman).

Religion

Ravi Jaipuria belongs to a Marwari Hindu family. ^[2]Forbes

Career

Ravi Jaipuria spent approximately 14-15 years residing 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 following the division of the family bottling business among him and his elder brothers, Chandra Kant Jaipuria and Surya Kant Jaipuria.

Later, Ravi Jaipuria established distinct companies for beverages, foods, and retail and named them after his children Varun and Devyani. Varun Beverages manages PepsiCo’s bottling operations, while Devyani International consolidates restaurants (KFC, Pizza Hut, Costa Coffee) and retail ventures (Disney Artist). In 1988-89, Ravi Jaipuria ventured into the ice cream business with Cream Bell.

The family partnered with PepsiCo in 1991 when the U.S. company entered India, which marked a successful business move for Ravi Jaipuria. In 1996, Ravi Jaipuria introduced PepsiCo’s fast-food chains Pizza Hut and KFC to India.

In 2001, he ventured into education by franchising 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 pesticide controversies in 2003 and 2006, which led to a substantial drop in Pepsi sales, nearly 30% overnight. In 2005, he introduced Costa Coffee to India, and in 2007, he entered the beer market through a partnership with InBev.

In a 2009 media interview, Ravi Jaipuria mentioned that 40% of his business comes from PepsiCo. He has a small ownership share in Medanta, a healthcare company.

Awards & Achievements

• In 1999, Ravi Jaipuria was honoured with the Bottler of the Year award from PepsiCo, which was presented by former US President George H. W. Bush.

• His Forbes rankings include #73 in 2015, #60 in 2014, and #47 in 2013.

• In 2016, Forbes listed Ravi Jaipuria at #83 in the India Rich List.

• He then received the ‘Distinguished Entrepreneurship Award’ at the PHD Annual Awards for Excellence in 2018.

Net Worth

In December 2023, Ravi Jaipuria’s net worth was approximately calculated as $14.2 billion as ranked by Forbes. ^[3]Forbes

Facts/Trivia

• According to Ravi Jaipuria, he loves watching the films of veteran actor Amitabh Bachchan and vacationing at waterfronts, especially at his house in Goa.

• While the businesses of the three Jaipuria brothers were separate, they continued a joint family living arrangement.