Business Standard

Sunday, December 22, 2024 | 06:15 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Family, friends bid farewell to V G Siddhartha, the coffee tycoon

Crowds thronged to pay homage to the billionaire entrepreneur at the Wenlock Hospital in Chikkamagaluru

V G Siddhartha
Premium

Karnataka CM B S Yediyurappa pays his respects to the mortal remains of CCD founder V G Siddhartha, in Chikmagalur, on Wednesday | Photo: PTI

Yuvraj Malik Bengaluru
The worst fears came true on Wednesday morning when  local fishermen found V G Siddhartha, founder of Café Coffee Day, floating in Netravati river, some distance away from the Mangaluru bridge where he was seen last some on Monday night. The coffee tycoon had gone missing Monday evening, after which a massive search operation was launched.

In a note purportedly written by him, Siddhartha had mentioned pressure from business partners and harassment by tax authorities.  “I fought for a long time but today I gave up as I could not take any more pressure….’’ 

Crowds thronged to pay homage to the billionaire

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in