Ravi Jaipuria: A Billionaire Profile
Ravi Jaipuria is a prominent Indian billionaire businessman who has made a fortune through his relentless work in the food and beverage industry. The 65-year-old entrepreneur is the Chairman of RJ Corp, a conglomerate that has interests in various sectors ranging from soft drinks, fast food restaurants, ice cream, dairy products, beer, and more. Forbes has ranked him as the 51st richest Indian with a net worth of $2.5 billion.
Early Life and Education
Ravi Jaipuria was born on 28th December 1955 in the Indian state of Rajasthan. His father, L.N. Jaipuria, was a prominent businessman who had set up various industries in the country. Ravi completed his schooling in Delhi and pursued his higher education at the University of California, Los Angeles (UCLA), where he earned a degree in Business Administration.
Career and Achievements
After completing his education, Ravi Jaipuria returned to India and joined his family business. He found a niche in the beverage industry and started bottling PepsiCo products under the name Ravi Jaipuria Beverages. In 1995, he entered into a partnership with PepsiCo to form an exclusive franchise, which resulted in becoming the second-largest bottler of PepsiCo products in the world. Currently, RJ Corp is the largest franchise partner of Yum Brands and operates over 1000 KFC, Taco Bell, and Pizza Hut outlets across India.
Apart from his success in the food business, Ravi Jaipuria ventured into the healthcare sector by setting up several hospitals under the brand name of Shubham. He also has interests in the dairy business, and his company Cream Bell, sells a variety of ice creams across India. In 2019, he bought back the controlling stake of Bottling Investment Group (BIG), which brought together 28 PepsiCo franchise bottling operations.
Ravi Jaipuria has won numerous awards for his contributions to the business world. In 2020, he was awarded the Entrepreneur of the Year Award by the Economic Times awards for Corporate Excellence. He was also recognized as the Asian Business Leader of the Year 2016 by Asia Business Leaders Award.
Ravi Jaipuria is a private person and prefers to keep his personal life away from the media. He is married and has two children. His son Varun Jaipuria is the CEO of RJ Corp’s hospitality arm, Devyani International, which operates brands such as Costa Coffee and Vaango.
|Born:||28th December 1955|
|Sector:||Food and Beverage|
|Companies:||RJ Corp, Cream Bell, Devyani International|
|Net Worth:||$2.5 billion|
In conclusion, Ravi Jaipuria’s journey from being a student of Business Administration to establishing a conglomerate that operates across various sectors is nothing less than commendable. His hard work and determination have led him to become one of the wealthiest individuals in India. His success story serves as an inspiration for many aspiring entrepreneurs.