Jaipuria studied business management in the United States and returned to India in 1985. He joined the family business as a bottler for Pepsi-Cola.[5] He also holds a minority stake in Medanta, a health care firm.[9] In 2013, Jaipuria, through his company Varun Bevrages, took over his brother CK Jaipuria’s Pepsi products manufacturing and marketing business in Delhi.[10]
Varun Beverages got listed on BSE and NSE after an initial public offering in 2016.[11] Devyani International got listed on the BSE and NSE after its IPO in 2021.[12] In October 2024, Jaipuria was ranked 14th on the Forbes list of India’s 100 richest tycoons, with a net worth of $17.3 billion.[13]
Personal life
His wife's name is Dhara Jaipuria.[5][14] He has two children, one son named Varun and a daughter named Devyani.[6] He hails from a Marwari Hindu family.[5]
Recognition
Ravi Jaipuria was awarded the Bottler of the Year by PepsiCo in 1999. He received the award from former US President George H. W. Bush.[15][1]
According to Forbes, Ravi Jaipuria ranked #83 in Forbes's India Rich List in 2016.[9]
He was placed #73 in Forbes's India Rich List in 2015, #60 in Forbes's India Rich List 2014 and #47 in Forbes's India Rich List 2013.[9]
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