V.G. Siddhartha Net Worth is885 $Million
VN:F [1.9.22_1171]
deserves the money?
Rating: 4.7/5 (7 votes cast)
VN:F [1.9.22_1171]
Would you date ?
Rating: 4.3/5 (7 votes cast)
Birth Place: Chikkamagaluru, Karnataka, India
Religion: Indian
Residence: Bangalore, Karnataka, India
Occupation: Chairman of Amalgamated Bean Coffee Trading Company Ltd (ABCTCL)
Spouse: Malavika
Alma Mater: Mangalore University
V. G. Siddhartha is an Indian businessman from Karnataka. He is best known as the founder-owner of the chain of Cafe Coffee Day outlets.
Siddhartha Hegde (now known V. G. Siddhartha) obtained a Masters in Economics degree from Mangalore University, Karnataka. He married the daughter of S. M. Krishna, former Chief Minister of Karnataka and former Indian Minister for External Affairs.
After doing his Masters he decided to join J M Financial Services (now J M Morgan Stanley) in Mumbai as a management trainee/intern in trading on the Indian Stock Market under Mr. Mahendra Kampani. After a two-year stint with J M Financial Services, when Siddhartha returned to Bangalore, his father gave him a good amount of money to start any business of his choice. Siddhartha promptly bought a stock market card for Rs 30,000 with it, along with a company called Sivan, as well as a site in the city, in 1984 and turned it into a highly successful investment banking and stock broking company.
Almost 15 years later, Siddhartha established a successful coffee business in Karnataka. He grows coffee in Chikmagalur and exports about 28,000 tonne of coffee annually, sells another 2,000 tonne locally for about Rs 350 million each year, and his coffee growing and trading company Amalgamated Bean Company(ABC) has an annual turnover of Rs 25 billion. Siddhartha now has 200 exclusive retail outlets selling his brand of Coffee Day powder all over South India. ABC is India's largest exporter of green coffee.
He owns 12,000 acres (4047 ha) of coffee plantations.
He started his coffee trading company ABC in 1993, with a Rs 60 million turnover. His company grew gradually. He bought an ailing coffee curing unit in Hassan for Rs 40 million and turned it around. Now, his company has a curing capacity of 75,000 tonne, which is the largest in the country.
He was the first entrepreneur in Karnataka to set up a cyber cafA(C) in 1996 (CafA(C) Coffee Day, a chain of youth hangout coffee parlors).

V.G. Siddhartha Net Worth, 4.7 out of 5 based on 7 ratings
(Visited 95 times, 1 visits today)

V.G. Siddhartha Latest News

Coffee Day shares fall 7 pc as I-T dept raids premises

Residence of V G Siddhartha who is chairman and managing director of CDE was also raided. Cafe Coffee Day chains are run by Coffee Day Enterprises. Mumbai: Shares of coffee chain Coffee Day Enterprises fell by as much as 7 per cent in early morning trade ...
Posted: September 21, 2017, 3:51 pm

Coffee Day Enterprises turns profitable in Q3

“Despite the macro economic slowdown, our retail coffee business posted a strong growth in the quarter, with gross retail revenues up by 14 percent YoY and retail EBITDA up by 15 percent YoY,” said V G Siddhartha, Chairman and Managing ...
Posted: February 12, 2016, 12:42 am

V.G. Siddhartha is Branching Out

In 1983, if someone had told coffee baron V.G. Siddhartha that one day he would own an impressive multi-storied office on Vittal Mallya Road, Bangalore’s tony residential and shopping address, he would have called them crazy. Siddhartha was then just a ...
Posted: June 30, 2011, 5:00 pm
Related Topics:
Business Today Vg Siddhartha, How Much Is V.G. Siddhartha Earnings, How Much Is V.G. Siddhartha Income, How Much Is V.G. Siddhartha Net Worth, How Much Is V.G. Siddhartha Salary, How Much Is V.G. Siddhartha Worth, V G Siddhartha Biography, V G Siddhartha Ccd, V G Siddhartha Contact Details, V G Siddhartha Family, V G Siddhartha Hegde, V G Siddhartha Linkedin, V G Siddhartha Ppt, V G Siddhartha Wife, V.G. Siddhartha, V.G. Siddhartha Age, V.G. Siddhartha Bio, V.G. Siddhartha Country, V.G. Siddhartha Date Of Birth, V.G. Siddhartha Earnings, V.G. Siddhartha Ethnicity, V.G. Siddhartha Gossips, V.G. Siddhartha Height, V.G. Siddhartha History, V.G. Siddhartha Home Town, V.G. Siddhartha Images, V.G. Siddhartha Income, V.G. Siddhartha Job, V.G. Siddhartha Nationality, V.G. Siddhartha Net Worth, V.G. Siddhartha Networth, V.G. Siddhartha News, V.G. Siddhartha Partner, V.G. Siddhartha Place Of Birth, V.G. Siddhartha Rumors, V.G. Siddhartha Salary, V.G. Siddhartha Secrets, V.G. Siddhartha Videos, V.G. Siddhartha Weight, Vg Siddharth Coffee Day, Vg Siddharth Hegde, Vg Siddhartha Awards, Vg Siddhartha Biography, Vg Siddhartha Cafe Coffee Day, Vg Siddhartha Contact, Vg Siddhartha Email Id, Vg Siddhartha Facebook, Vg Siddhartha Family, Vg Siddhartha Forbes, Vg Siddhartha Forbes India, Vg Siddhartha Global Technology Ventures, Vg Siddhartha Mindtree, Vg Siddhartha Net Worth, Vg Siddhartha Of Ccd, Vg Siddhartha Ppt, Vg Siddhartha Profile, Vg Siddhartha Sical, Vg Siddhartha Sm Krishna, Vg Siddhartha Wife, Vg Siddhartha Wiki, Vg Siddhartha Wikipedia, Who Is V.G. Siddhartha,