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Indian billionaire Ravi Kant Jaipuriaoften referred to as India’s “Cola King,” is expanding his four-decade-old business empire through a landmark merger in the fast-food sector. His conglomerate, RJ Corp, is consolidating two major franchisees as Devyani International moves to absorb Sapphire Foods, creating a dominant national presence for KFC and Pizza Hut outlets.
Jaipuria’s diversified group spans beverages, fast food, healthcare, and education, and its strong market performance has sharply boosted his wealth. His estimated net worth by the end of 2024 was $17.3 billion (₹1.56 lakh crore), placing him among the richest people in the nation.
Who Is Ravi Kant Jaipuria?
Indian billionaire businessman Ravi Kant Jaipuria is referred to as the “Cola King of India.” He is the founder and chair of the global corporation RJ Corp. His wealth and influence stem from being a key partner for global brands like PepsiCo and Yum! Brands in the Indian market, overseeing massive operations in bottling and quick-service restaurants.
What Is Ravi Jaipuria’s Net Worth in Indian Rupees?
As of October 2024, Ravi Kant Jaipuria’s net worth was estimated at ₹1.56 lakh crore (1,56,129 crore rupees), equivalent to $17.3 billion. With his fortune rising from ₹83,783 crore to ₹1.29 lakh crore in 2024, this value shows a sharp increase, solidifying his place among India’s financial elite.
Which Public Companies Form His Core Wealth?
His fortune is anchored by his holdings in two key publicly traded entities. The largest is Varun Beverages Ltd., PepsiCo’s second-largest bottling partner globally outside the U.S., which handled a holding value of approximately ₹27,375.6 crore as of Q3 2025. The second is Devyani International Ltd., India’s largest QSR franchisee for KFC and Pizza Hut, with a reported holding value of ₹30.1 crore.
How Did His Net Worth Increase So Rapidly?
The primary driver has been the monumental share price appreciation of Varun Beverages, which has increased 18-fold since its initial public offering in 2016. The performance of this asset, which handles over 90% of PepsiCo’s drink sales in India, directly fueled the surge in his net worth from ₹83,783 crore to ₹1.29 lakh crore in a single year.
What Is the Source of the “Cola King” Fortune?
Jaipuria’s wealth derives from his leadership of RJ Corp, a multinational conglomerate. Its most valuable segment is the beverage arm, Varun Beverages. The second major pillar is the food service division via Devyani International. The conglomerate also holds minority stakes in healthcare provider Medanta and hotel chain Lemon Tree Hotels.
What Is the Financial Breakdown of His Holdings?
An overview of his main public investments as of Q3 2025 highlights the concentration of his wealth:
- Varun Beverages Ltd.: PepsiCo bottler – Holding Value: ~₹27,375.6 crore.
- Devyani International Ltd.: QSR franchise company – Holding Value: ~₹30.1 crore.
The information highlights Varun Beverages’ significant contribution to his ₹1.56 lakh crore fortune.
FAQs: Ravi Jaipuria’s Net Worth in Rupees
Q: What is Ravi Jaipuria’s net worth in rupees?
A: His net worth was about ₹1.56 lakh crore (1,56,129 crore rupees) as of October 2024.
Q: How much is $17.3 billion in rupees?
A: $17.3 billion converts to roughly ₹1.56 lakh crore, based on the exchange rate at the time of the estimate.
Q: Which company contributes most to his wealth?
A: The biggest contributor is Varun Beverages Ltd., his PepsiCo bottling company, which as of Q3 2025 had a holding value of about ₹27,375.6 crore.
Q: How fast has his net worth grown?
A: It saw rapid growth, increasing from ₹83,783 crore to ₹1.29 lakh crore during 2024 alone, largely due to the rising share price of Varun Beverages.
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