V.G Siddhartha Net Worth, Earning and Salary 2016
Among the top lists of successful businessmen in the country, V.G Siddhartha finds a respectable position due to V.G Siddhartha Net Worth. He is best known as the founder and owner of the chain of youth hangout place, the Cafe Coffee Day outlets. Throughout the country, around 15000 outlets are available. We present an insight into the details of V.G Siddhartha Net Worth and his various income sources.
HOW MUCH V.G SIDDHARTHA NET WORTH 2016 –DOLLAR 1.27 BILLION
V.G Siddhartha was born in Chikkamagaluru in the state of Karnataka, India while he was brought up in the city of Bangalore. V. G. Siddhartha obtained a master’s degree in economics from Mangalore University, Karnataka. Soon after doing his Masters, he joined J M Financial Limited in 1983-1984 in Mumbai as a management trainee or intern in Portfolio Management and securities trading on the Indian Stock Market under Mr. Mahendra Kampani, the Vice Chairman, J M Financial Limited. He was just 24 years then. After working two years with J M Financial Limited and increasing V.G Siddhartha income, when Siddhartha returned to Bangalore, his father gave him money to start a business of his choice. Siddhartha bought a stock market card for Rs 30,000 with V.G Siddhartha earnings, along with a company called Sivan Securities, which was renamed in 2000 as Way2wealth Securities Ltd with a vision to set new standards in the retail financial services in India. Its venture capital division came to be known as Global Technology Ventures as well as a site in the city in 1984 and turned it into a highly successful investment banking and stock broking company of the year. After almost 15 years, he established a successful coffee business in Karnataka, uplifting V.G Siddhartha Net Worth. He grows coffee in Chikmagalur and exports about 28,000 tons of coffee annually and sells another 2,000 tones locally for about Rs 350 million each year. His coffee growing and trading company, Amalgamated Bean Company, has an annual turnover of Rs 25 billion in the year 2012. 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 tones, which is the largest in the country. Moreover, he has 1550 Coffee Day Cafes in India. Siddhartha also founded Global Technology Ventures Ltd. in 2000, a company that identifies, invests and mentors Indian companies engaged in cutting edge technologies.
V.G Siddhartha Net Worth Sources
Among the other business ventures, he has also started the furniture company, daffco Furniture, which is venturing into furniture by building a 600,000 square feet factory in Karnataka. He also purchased a majority stake in SICAL Logistics and acquired coal mines in New Jersey in addition to V.G Siddhartha salary. Siddhartha was awarded the Entrepreneur of the year title in 2003 by The Economic Times for “crafting a successful pan Indian brand for a commodity business and giving Indian consumers a new lifestyle experience that is within reach of the common man”. He has a hefty V.G Siddhartha Net Worth of US Dollar 1.27 Billion, making him one of the richest businessmen in the country.
V.G Siddhartha Age, Car, House, Wife, Girl friend, Height & Weight
V.G Siddhartha Wife – Malavika
V.G Siddhartha Sister/Brother –
Date of Birth / Birth City – – / Karnataka(India)
V.G Siddhartha Height Feet – 5’9″
Weight – 82 Kg (Appox)
V.G Siddhartha Age – 27
V.G Siddhartha Car – –
V.G Siddhartha House Location – Bangalore
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