| Profession: | Entrepreneur |
| Date of Birth: |
1959 |
| Age: | 62 |
| Heritage: |
1.27 billion |
| Place of birth: |
Chikkamagaluru, Karnataka
|
| Height (m): |
1.87 |
| Religion: |
Christendom |
| Marital status: |
Married |
VG Siddhartha was an Indian businessman from a very wealthy family of coffee planters in Karnataka, South India. Many people recognized him as the founder of the largest coffee chain called Cafe Coffee Day. He had also served as president and managing director prior to his passing. Unfortunately, his body was found after he had disappeared for three days at the mouth of a river in July 2019.
The businessman had made headlines in 2017 when the Income Tax Department raided more than 20 outlets in Mumbai, Chennai and Karnataka. Furthermore, he had won titles such as “Entrepreneur of the Year” by The Economic Times in 2002-03. Also, Forbes India listed him as a ‘NextGen Entrepreneur’ in 2011. Scroll to find out more about him.
Subtítulo: The Indian businessman VG Siddhartha.
Source: BBC
VG Siddhartha: biography, family, career
The founder of Cafe Coffee Day was born in the year 1959 as Veerappa Gangaiah Siddhartha Hegde in Chikmagalur, Karnataka. His father, Gangaiah Hegde, owned many coffee farms, sadly, he died in 2019 after being in a coma for many years. While his mother Vaasanthi G Hegde identifies as a housewife. He had the nationality of Indian and belonged to the Vokkaliga caste of South India.
Regarding his education, he had attended a local school in Chikmagalur. After that, he obtained a bachelor’s degree from St. Aloysius College and then a master’s degree in economics from Mangalore University in Karnataka. After his graduation, he joined his family’s coffee business. Before that, he became a management trainee at JM Financial Limited in Mumbai in portfolio management and securities trading in the Indian stock market department, at the age of 24.
He then started his company Sivan Securities after returning to Bangalore with the given amount of 30,000 IND coins. The company was later renamed Way2wealth Securities Ltd and its venture capital arm Global Technology Ventures (GTV). In 1993, he launched his ABC coffee trading company and later became the first businessman in Karnataka to establish a cafe in 1996.
By 2018, his cafe called Café Coffee Day chained across India for 1700 and attracted around 50,000 visitors per week. The businessman has also founded the company Global Technology Ventures Ltd. In addition, he also planted banana trees on 3,000 acres and also owned The Dark Forest Furniture Company in Chikmagalur.
VG Siddhartha: personal life and wife
He was a married man and had married a woman named Malavika Krishna in 1991. She is the daughter of the former Chief Minister of Karnataka, SM Krishna. The couple had welcomed two children together.
Death:
On July 29, 2019, he went missing after he ordered his driver to leave on the bridge over the Nethravati River in Ullal, Mangalore. In addition, he told his driver to wait for him on the other side of the river, giving him the impression that he was walking. His driver did as he told her, however he went looking for him when he didn’t come back even after an hour. And the driver later reported to the police.
After a three-day search, on July 31, 2019, her body was discovered by three fishermen on Hoige Bazaar beach, near the mouth of the Nethravati River. Therefore, his death was listed as suicide by drowning, and then his body was cremated at the Chethanahalli coffee farm owned by his family in Chikkamagalur district.
Subtitle: VG Siddhartha and wife Malavika
Source: YouTube
VG Siddhartha: Net Worth and Social Media Profiles
He had maintained a considerable fortune through his various business ventures in India. One of them, which he owned, was Cafe Coffee Day and some stock outlets and investment companies. Therefore, he had an estimated net worth of $1.27 billion at the time of his death.
It seems that he did not like to spend his precious time on different networking sites like Twitter and Facebook before his death. Therefore, there is no information about having accounts on these social media platforms.
VG Siddhartha: Net Worth
The businessman had a height of 1.87 meters and weighed about 70 kg. He had black hair and black eyes. There is no information on her body measurements of chest, waist, or hips, respectively.
Read about Neha Shetty, Arun Nayar, Naval Ravikant, Sunjay Kapur
VG Siddhartha was an Indian businessman from a very wealthy family of coffee planters in Karnataka, South India. Many people recognized him as the founder of the largest coffee chain called Cafe Coffee Day. He had also served as president and managing director prior to his passing. Unfortunately, his body was found after he had disappeared for three days at the mouth of a river in July 2019.
The businessman had made headlines in 2017 when the Income Tax Department raided more than 20 outlets in Mumbai, Chennai and Karnataka. Furthermore, he had won titles such as “Entrepreneur of the Year” by The Economic Times in 2002-03. Also, Forbes India listed him as a ‘NextGen Entrepreneur’ in 2011. Scroll to find out more about him.
Subtítulo: The Indian businessman VG Siddhartha.
Source: BBC
VG Siddhartha: biography, family, career
The founder of Cafe Coffee Day was born in the year 1959 as Veerappa Gangaiah Siddhartha Hegde in Chikmagalur, Karnataka. His father, Gangaiah Hegde, owned many coffee farms, sadly, he died in 2019 after being in a coma for many years. While his mother Vaasanthi G Hegde identifies as a housewife. He had the nationality of Indian and belonged to the Vokkaliga caste of South India.
Regarding his education, he had attended a local school in Chikmagalur. After that, he obtained a bachelor’s degree from St. Aloysius College and then a master’s degree in economics from Mangalore University in Karnataka. After his graduation, he joined his family’s coffee business. Before that, he became a management trainee at JM Financial Limited in Mumbai in portfolio management and securities trading in the Indian stock market department, at the age of 24.
He then started his company Sivan Securities after returning to Bangalore with the given amount of 30,000 IND coins. The company was later renamed Way2wealth Securities Ltd and its venture capital arm Global Technology Ventures (GTV). In 1993, he launched his ABC coffee trading company and later became the first businessman in Karnataka to establish a cafe in 1996.
By 2018, his cafe called Café Coffee Day chained across India for 1700 and attracted around 50,000 visitors per week. The businessman has also founded the company Global Technology Ventures Ltd. In addition, he also planted banana trees on 3,000 acres and also owned The Dark Forest Furniture Company in Chikmagalur.
VG Siddhartha: personal life and wife
He was a married man and had married a woman named Malavika Krishna in 1991. She is the daughter of the former Chief Minister of Karnataka, SM Krishna. The couple had welcomed two children together.
Death:
On July 29, 2019, he went missing after he ordered his driver to leave on the bridge over the Nethravati River in Ullal, Mangalore. In addition, he told his driver to wait for him on the other side of the river, giving him the impression that he was walking. His driver did as he told her, however he went looking for him when he didn’t come back even after an hour. And the driver later reported to the police.
After a three-day search, on July 31, 2019, her body was discovered by three fishermen on Hoige Bazaar beach, near the mouth of the Nethravati River. Therefore, his death was listed as suicide by drowning, and then his body was cremated at the Chethanahalli coffee farm owned by his family in Chikkamagalur district.
Subtitle: VG Siddhartha and wife Malavika
Source: YouTube
VG Siddhartha: Net Worth and Social Media Profiles
He had maintained a considerable fortune through his various business ventures in India. One of them, which he owned, was Cafe Coffee Day and some stock outlets and investment companies. Therefore, he had an estimated net worth of $1.27 billion at the time of his death.
It seems that he did not like to spend his precious time on different networking sites like Twitter and Facebook before his death. Therefore, there is no information about having accounts on these social media platforms.
VG Siddhartha: Net Worth
The businessman had a height of 1.87 meters and weighed about 70 kg. He had black hair and black eyes. There is no information on her body measurements of chest, waist, or hips, respectively.
Read about Neha Shetty, Arun Nayar, Naval Ravikant, Sunjay Kapur