Bloomberg Billionaires Index

View profiles for each of the world’s 500 richest people, see the biggest movers, and compare fortunes or track returns.

# 252 Ravi Jaipuria $8.27B

Random fact: Devyani International is named after his daughter.


Jaipuria is the founder and chairman of RJ Corp, a conglomerate in India spanning food & beverage, healthcare and education. Its Gurugram-based subsidiary, Varun Beverages, is the second-largest international franchisee of PepsiCo outside the US and reported revenue of 86 billion Indian rupee ($1.2 billion) in 2021.

As of :
Last change +$43.5M ( +0.5%)
YTD change -$166M ( -2.0%)
Biggest asset VBL IN Equity
Country / Region India
Age 68
Industry Consumer
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Ravi Jaipuria's net worth of $8.27B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

The majority of Jaipuria's fortune is derived from his stake in Varun Beverages, the second-largest international franchisee of PepsiCo outside the US, according to a Bloomberg News report. He owns about 64% of the company, according to a Jan. 11, 2023 stock exchange filing.

Jaipuria holds the shares directly and through RJ Corp. All family-owned shares are attributed to him in the calculation to reflect his status as founder and chairman.

He owns a 63% stake in Devyani International, the largest franchisee of Yum Brands in India, according to an Oct. 21, 2022 filing. He also holds a 6% stake in Global Health, an Indian private hospital operator, through RJ Corp according to a Nov. 18, 2022 filing.

Other businesses within the RJ Corp group aren't included in the valuation because requisite details aren't known.

The value of his cash investments is based on an analysis of dividends, insider transactions, taxes and market performance.

A spokesperson for the company didn't respond to a request for comment on the net worth calculation.


Family: Widowed, 2 children

Jaipuria was born in 1954. He studied business management in New York before moving to Montreal.

He returned to India in 1985. In 1987, he founded RJ Corp after receiving part of the family's bottling business from his father.

Jaipuria became a franchisee of PepsiCo in 1991. He founded Devyani International in 1991 and later Varun Beverages in 1995. He became a franchisee of Yum Brands in 1997.

Varun Beverages began trading publicly in India in November 2016.

Devyani International went public in August 2021.

  • 1985 Joins the family's bottling business.
  • 1987 Founds RJ Corp.
  • 2016 Varun Beverages begins trading publicly.
  • 2021 Devyani International begins trading publicly.