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Ravi Jaipuria Biography: Age, Career, Family and More

Quick Info

Date of birth28 November 1954

Age69 Years (as of 2023)

BirthplaceDelhi, India

ProfessionBusinessman

NationalityIndian

Marital statusMarried

SpouseDhara Jaipuria

FamilySon - Varun Jaipuria; Daughter - Devyani Jaipuria; Father - Chunilal Jaipuria; Brothers - Chandra Kant Jaipuria, Surya Kant Jaipuria;

Net worthIn December 2023, his net worth was approximately calculated as $14.2 billion as ranked by Forbes.

Ravi Jaipuria Biography

Ravi Jaipuria is an Indian entrepreneur and chairman of RJ Corp, known for building a beverage and food-services empire that includes Varun Beverages and D

Early life and background

Ravi Kant Jaipuria was born on 28 November 1954 in Delhi, India. He is the youngest son of Chunilal Jaipuria and grew up in a Marwari Hindu family. He completed his higher secondary schooling at Delhi Public School, Mathura Road, New Delhi, and later travelled to the United States to study business management. Before returning to India in the mid-1980s, he spent roughly a decade and a half living in Montreal, Canada, where he was involved in the textile and real estate sectors.

Career

After coming back to India in 1985, Jaipuria joined the family bottling business that held Pepsi-Cola bottling rights. In 1987 he founded RJ Corp after the family business was apportioned among the three Jaipuria brothers. He structured his ventures across beverages, foods and retail, naming certain business units after his children.

Under RJ Corp he developed Varun Beverages, which became a major global bottling partner for PepsiCo outside the United States. He also built Devyani International, a company that grew into one of India’s largest franchise operators of global quick-service restaurant brands, overseeing outlets such as KFC, Pizza Hut and Costa Coffee. In the late 1980s he moved into the ice cream business with the launch of Cream Bell.

Jaipuria’s collaboration with PepsiCo formalised in 1991 when the multinational entered India, a milestone that helped expand his bottling operations. He played a role in bringing Pizza Hut and KFC to India in 1996 and introduced Costa Coffee to the Indian market in 2005. Other expansions included a partnership in the beer segment with InBev in 2007, franchising of two Delhi Public Schools in 2001, and group-housing real estate projects beginning in 2002–03.

His businesses have weathered setbacks as well; for instance, pesticide-related controversies in the early 2000s caused a sharp decline in soda sales that affected bottlers. Despite such challenges, a substantial portion of his revenue has historically been tied to his relationship with PepsiCo.

Public profile

Jaipuria has received industry recognition over the years. In 1999 he was presented with the Bottler of the Year award by PepsiCo, an honour handed to him by former U.S. President George H. W. Bush. Other accolades include a Distinguished Entrepreneurship Award at the PHD Annual Awards for Excellence and rankings on India-rich lists compiled by business publications.

He is sometimes referred to in business circles as a leading figure in India’s cola and beverage industry. Beyond business, he has interests in healthcare investing, holding a minority stake in the Medanta healthcare enterprise. In interviews and public comments he has noted personal tastes such as a fondness for the films of Amitabh Bachchan and vacations at his waterfront house in Goa.

Personal life

Ravi Jaipuria is married to Dhara Jaipuria. The couple have two children: a son, Varun Jaipuria, who is involved in the family business, and a daughter, Devyani Jaipuria, who is associated with the group’s restaurant and retail ventures. He has two elder brothers, Chandra Kant Jaipuria and Surya Kant Jaipuria, with whom the family maintained close ties even after the division of business interests.

Latest updates

As of December 2023, business media reported an estimated net worth for Ravi Jaipuria as calculated by Forbes. He remains active as chairman of RJ Corp, which continues to operate businesses across beverages, quick-service restaurants, ice cream and retail.

Recent Work

Varun Beverages

PepsiCo bottling operations; one of the largest PepsiCo bottlers outside the U.S.

Devyani International

India’s large franchisee operating KFC, Pizza Hut, Costa Coffee and other food and retail outlets

Cream Bell

Ice cream business launched in the late 1980s

1988-89

Career Highlights

  1. Founded RJ Corp in 1987 and structured businesses across beverages, foods and retail
  2. Built Varun Beverages into a major PepsiCo bottling partner outside the U.S.
  3. Developed Devyani International to operate major quick-service restaurant brands in India
  4. Introduced Pizza Hut and KFC to India (1996) and brought Costa Coffee to India (2005)
  5. Received PepsiCo’s Bottler of the Year award in 1999 presented by former U.S. President George H. W. Bush

Net Worth

In December 2023, his net worth was approximately calculated as $14.2 billion as ranked by Forbes.

Figures are editorial estimates based on publicly available reporting and may change as new information emerges.

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Frequently Asked Questions

When was Ravi Jaipuria born?

28 November 1954

What is Ravi Jaipuria known for?

Businessman

What is Ravi Jaipuria’s marital status?

Married

Who is Ravi Jaipuria married to?

Dhara Jaipuria

What is Ravi Jaipuria’s net worth?

In December 2023, his net worth was approximately calculated as $14.2 billion as ranked by Forbes.