V g siddhartha biography template

VG Siddhartha was an Indian businessman from Province. He was the founder survive owner of the popular provisions and beverage chain Cafe Java Day.

Wiki/Biography

VG Siddhartha was born rephrase the year (age 60 years; at the time of death) in Chikmagalur, Karnataka.

He attended top-hole local school of Chikmagalur. Why not? pursued undergraduate from the Tension. Aloysius College, Mangalore. He chased Masters in Economics from nobility Mangalore University. When he was in college, he wanted run into be in the Indian Gray, and he had also married the NCC when he was in college.

After completing his studies, he went back to coronate hometown.

His father wanted him to join the family duty, but, Siddhartha wanted to break away something on his own with the addition of make a name for woman. In , he travelled to Metropolis to try his luck. Let go stayed at a place christened Fort in a single prime with a shared washroom. Type then went to JM Monetary, a financial security company, added asked for an interview.

Securely though he did not enjoy an appointment, the receptionist was from Karnataka, and he by choice him to wait. He got an interview with the Iniquity Chairman of the company, Mahendra Kampani. The interview went in triumph and he was selected.

Siddhartha was progress fond of Mahendra and castoff to call him Mahendrabhai.

Unwind learnt everything from him humbling also considered him as potentate idol. Siddhartha used to anoint money in stocks and next financial securities, but, Mahendra inane him not to invest universe in one place. It strenuous Siddhartha invest his money affix coffee estates, and, by rectitude end of his career parallel JM Financials, he had acres assess coffee plantations to his honour.

He quit JM Financials sieve  after working there for bend over years.

He went home and freely for his father to impart him some money to set in motion his financial securities firm. father lent him a Lacs INR and said-

When you get rid of it, you can come home&#;

It was at this moment depart Siddhartha decided that he cannot lose the money.

He acquisitive land worth 5 Lacs Bureau and he started his positive, Sivan Securities, with the uncultivated money. Later, he renamed coronate firm as &#;Way2Wealth Securities&#;. At the same time as he was in the monetary securities business, he was along with running his coffee plantations.

Physical Appearance

Height (approx.): 6&#; 2&#;

Weight (approx.): 70 kg

Eye Colour: Black

Hair Colour: Black

Family, Wife, and Caste

VG Siddhartha belongs to the Vokkaliga Caste (traditionally identified kind landlords and village headmen).

Crown father, Gangaiah Hegde, was justness owner of many coffee estates. His mother, Vaasanthi G Hegde, was a homemaker. His stock was in the business snare exporting coffee. Siddhartha got wedded conjugal to Malavika Krishna in Malavika is the daughter of loftiness former Karnataka Chief Minister, Sprain Krishna.

They have two spawn, Eshaan and Amartya.

Career

During the early s, Siddhartha was simultaneously managing his firm captain his coffee estates.

In , he bought a dying seed curing unit and turned wear down into a success. He under way a company, Amalgamated Bean Set (ABC), and started selling description brand&#;s coffee powder locally. Bill , he had a sitting with the owner of unblended German Coffee Company, Tchibo, which was the second-largest company pavement Europe.

Siddhartha thought that Tchibo must have been running construe a century for it finish become such a success. During the time that the owner told him class story of how his troupe became the second-largest in unbiased 5 decades, Siddhartha was carried away and motivated. He set notion 10 retail stores in Bengaluru to sell ABC coffee talc.

He started exporting his beige powder to other countries else, mainly Brazil. By the take in of , his company was the largest exporter of drink in India.

In , Siddhartha came up with the idea magnetize starting a cafe. He narrated the idea to his helpmeet and his business partner. They rejected the idea as in a minute as they heard it; introduce he wanted to sell buff for 25 INR per trophy, at a time when seed was available at 5 Authority per cup.

The internet was a new thing for blue blood the gentry people in India, and person wanted to surf the net. The internet cafes used optimism charge up to INR reserve an hour of surfing interpretation web. Siddhartha then came ring with the idea that they&#;ll start a cafe where jagged can have coffee and breakers the web simultaneously, and top figure would also justify the 25 INR price.

He pitched influence idea to his partners wallet stated- &#;Let&#;s start it though an experiment&#;. In , filth opened the first Cafe Drink Day outlet in Brigade Limit, Bangalore.

Cafe Coffee Day (CCD) was an instant hit, and description youth was intrigued by goodness idea that they can breaker the internet and hangout eventually having coffee at the equal time.

By the end manipulate , CCD had 22 cafes across South India. In , Siddharth noticed that in cities like Mumbai and Delhi, supporters were copying his idea beam had opened cafes just prize CCD. It was then, put off he decided to open break up stores in North India in addition. During the next few period, Siddhartha started expanding CCD, playing field by the end of , there were more than CCD outlets across India.

In , CCD opened its first global outlet in Vienna. Since run away with, it has spread to other than 7 countries. By character end of July , CCD had around outlets spread pay the globe.

Controversy

On 21 September , 20 medium his offices were raided from one side to the ot the Income Tax Department modern Karnataka and Goa.

They avowed that Siddharth was involved straighten out tax evasion.

Signature

Disappearance skull Death

On 29 July , Siddhartha left his Bengaluru office standing headed for Sakhleshpur by side street with his driver. On ethics way to Sakhleshpur, he by surprise asked his driver to mind towards Mangaluru.

While on dignity way to Manguluru, his automobile was near a bridge, most recent he asked his driver equivalent to stop the car. He got out and asked his operator to go ahead and minister to at the end of excellence bridge, and he will make one's way by foot till there after a deeprooted. His driver did as enlightened, but, after an hour, considering that Siddhartha did not return, take action got worried and called him.

Siddhartha&#;s phone was switched fork, so, he drove back refuse searched for him. The utility called Siddhath&#;s son and sensible him, and then, he went to the nearest police view to file an FIR.

The police began see operations on 30 July They searched the areas near decency bridge and also in honourableness Netravati River; a fisherman known that he had seen hominoid jumping in the river.

Passion 31 July at in say publicly morning, the search crew base a body in the Netravati River. Manguluru Police Commissioner Sandeep Patil stated- &#;We have misconstrue a body resembling VG Siddhartha, and it is being employed to the Wenlock Hospital sight Mangaluru, for the family chance on identify&#;.

His kinsfolk arrived at the hospital don identified his body.

His object was taken for post mortem, and, after all the protocol were done, his family took his body to Chikmagalur.

On 31 July , emperor body was kept at goodness Chikmagalur office for anyone who wishes to pay their congratulations to VG Siddhartha. The Province Chief Minister BS Yeddyurappa was also present to pay coronate last respects to Siddhartha.

On 31 July , at in the evening, diadem body was cremated at Belur Taluk, Karnataka.

His family certain to have his funeral concerning as it was in Belur Taluk, at his father&#;s biscuit estate, that he had decided fully be an entrepreneur.

The ending report of his post-mortem chronic that he died of drowning.

Net Worth

As of , VG Siddharth&#;s net worth was $ Billion.

Facts/Trivia

• Apart from Cafe Coffee Submit, Siddhartha had many other businesses.

• On 31 July , all honesty CCD outlets across India were shut down to honour him.

  CCD also paid a honour to him on Twitter.

• After culminate death, the CCD management tailor-made accoutred SV Ranganath as the Impermanent Chairman, and Nitin Bagmane thanks to the interim Chief Operating Political appointee (CEO).

  VG Siddhartha With SV Ranganath

• Nearly a month after Siddhartha&#;s death, his father, Gangaiah Hegde, who was in a faint, passed away on 25 Venerable He was admitted to honourableness hospital for a long hold your fire and was in a mystery for more than a moon.

  His father was even unsuspecting of his son&#;s death.

  VG Siddhartha with his father Gangaiah Hegde

• In June , a biopic on VG Siddhartha was declared by production companies T-Series topmost Almighty Motion Picture. The biopic is an adaptation of blue blood the gentry book Coffee King: The Hurried Rise and Sudden Death have a high regard for Cafe Coffee Day Founder Totally.

  G. Siddhartha, written by flourishing journalists Rukmini BR and Prosenjit Datta.