Age, Biography and Wiki
V. G. Siddhartha (Veerappa Gangaiah Siddhartha Hegde) was born on 23 August, 1959 in Chikmagalur, India, is an Indian businessman. Discover V. G. Siddhartha's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 60 years old?
| Popular As |
Veerappa Gangaiah Siddhartha Hegde |
| Occupation |
Businessman |
| Age |
60 years old |
| Zodiac Sign |
Leo |
| Born |
23 August, 1959 |
| Birthday |
23 August |
| Birthplace |
Thanoodi, Mysuru State, India |
| Date of death |
July 2019, |
| Died Place |
Mangaluru, Karnataka, India |
| Nationality |
India |
We recommend you to check the complete list of Famous People born on 23 August.
He is a member of famous Businessman with the age 60 years old group.
V. G. Siddhartha Height, Weight & Measurements
At 60 years old, V. G. Siddhartha height not available right now. We will update V. G. Siddhartha's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is V. G. Siddhartha's Wife?
His wife is Malavika Krishna (m. 1988–2019)
| Family |
| Parents |
Not Available |
| Wife |
Malavika Krishna (m. 1988–2019) |
| Sibling |
Not Available |
| Children |
Ishaan Hegde, Amartya Hegde |
V. G. Siddhartha Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is V. G. Siddhartha worth at the age of 60 years old? V. G. Siddhartha’s income source is mostly from being a successful Businessman. He is from India. We have estimated
V. G. Siddhartha's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
$1 Million - $5 Million |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Businessman |
V. G. Siddhartha Social Network
Timeline
After going missing on the evening of 29 July 2019, his body was found by three fishermen at the Hoige Bazaar beach, near the mouth of the river Nethravati on 31 July 2019.
On the evening of 29 July 2019, he left his car and driver near a bridge over the Nethravati River in Ullal, Mangalore. The Indian Coast Guard and National Disaster Response Force eventually joined a search. A letter, apparently written by Siddhartha and addressed to his company board, shareholders, and family, surfaced a few hours after he went missing.
His body was found at the Hoige Bazaar beach on 31 July around 6:30 am by local fishermen who informed the police. His body was cremated at Chethanahalli coffee estate owned by his family in Chikkamagalur district on 31 July 2019.
On 21 September 2017, a tax raid was conducted at more than 20 of V. G. Siddhartha's locations in Mumbai, Bengaluru, Chennai, and Chikmagalur by senior officers of the Income Tax Department of Karnataka and Goa regions.
He was the first entrepreneur in Karnataka to set up a café in 1996 (Café Coffee Day, a chain of "youth hangout" coffee parlors). By 2018, the chain had over 1700 cafés in India. His cafes attract 40,000 to 50,000 visitors a week. Siddhartha also held board seats in GTV, Mindtree, Liqwid Krystal, Way2Wealth, and Ittiam. In 2000, he founded Global Technology Ventures Ltd, a company that identifies, invests in, and mentors Indian companies engaged in technologies. GTV set up Global Village Tech Park on a 59-acre (240,000 m) plot as an incubator park in Bangalore, providing office space, communication links, recreational facilities, and a commercial centre. In 1999, GTV was valued by BankAm at $100 million.
He established his coffee trading company ABC in Karnataka 1993, with a Rs 60 million turnover. He bought an ailing coffee curing unit in Hassan for Rs 40 million and improved it. The company now has the largest curing capacity in India at 75,000 tonnes.
At the age of 24, he joined J M Financial Limited in 1983–1984 in Mumbai as a management trainee/intern in portfolio management and securities trading on the Indian stock market. After two years, he returned to Bangalore. With capital given by his father, Siddhartha bought stocks worth Rs. 30,000 and started the company Sivan Securities. In 1999, it was renamed Way2wealth Securities Ltd. Its venture capital division came to be known as Global Technology Ventures (GTV).
Veerappa Gangaiah Siddhartha Hegde (1959 – July 2019) was an Indian businessman from Karnataka. He was the founder of the cafe chain Café Coffee Day and served as its chairman and managing director. He also served on the board of directors of Mindtree, GTV, Liqwid Krystal, Way2wealth Brokers, Coffee Day Natural Resources, and Way2wealth Securities.
Sical Logistics Ltd, a logistics company founded in India in 1955, was acquired by Coffee Day group in 2011.
