Vijay Mallya

$1.00 B

Ranked #1153 in World

About Vijay Mallya

Vijay Mallya, a former Indian businessman and politician, now labeled a fugitive, is embroiled in financial controversies, including an ongoing extradition battle with the Indian Government seeking his return from the UK to face charges of financial crimes. Once at the helm of United Spirits, India's largest spirits company, Mallya continues to chair the United Breweries Group. His ventures spanned various sectors, including aviation with the now-defunct Kingfisher Airlines and sports with the Force India Formula One team and the Royal Challengers Bangalore cricket team. Born on December 18, 1955, in Karnataka, Mallya's life has been marked by both his business acumen and legal troubles, including being declared a "proclaimed offender" by Indian courts and losing his final appeal against extradition in 2020.

Born

December 18, 1955 in Mangaluru, Karnataka, India

Age

70 years

Source Of Wealth

Liquor

Industries

Food And Beverage

Citizenship

India

Residence

Bangalore

Education

Bachelor of Arts / Science, Calcutta University

Spouse

Sameera Tyabjee Mallya (Married: 1986; Divorced: 1987), Rekha Mallya (Married: 1993)

Children

3, including Siddharth Mallya

Parent

Vittal Mallya (father)

Vijay Mallya was born on 18th December 1955 in Bantwal, Mangalore, Karnataka. He is the son of Vittal Mallya, the former chairman of the United Breweries Group. Mallya received his education at La Martinière Calcutta and St. Xavier's College in Kolkata.

Vijay Mallya: Family

Vijay Mallya has been married twice. His first marriage was to Samira Tyabjee, and his second marriage was to Rekha. He has three children: Siddharth Mallya, Leanna, and Tanya. Mallya is known for his extravagant lifestyle and religious devotion.

Vijay Mallya: Career Highlights

Mallya served as the former chairman of United Spirits, the largest spirits company in India. He is currently the chairman of the United Breweries Group, a multi-national conglomerate with over 60 companies. Mallya has diversified and acquired various companies, including Berger Paints, Best and Crompton, Mangalore Chemicals and Fertilisers, The Asian Age newspaper, and Cine Blitz magazine.

Under Mallya's chairmanship, Kingfisher beer gained a significant market share in India and became available in over 52 countries. United Spirits achieved the milestone of selling 100 million cases, becoming the second-largest spirits company in the world by volume. However, Mallya ceded management control of United Spirits to Diageo in 2012, retaining a minority stake.

Mallya also founded Kingfisher Airlines in 2005, but the airline faced financial difficulties and was eventually shut down. He has been accused of being a "willful defaulter" under Indian law, with allegations of money laundering and misappropriation.

Vijay Mallya: Companies

Vijay Mallya has been associated with several companies throughout his career. Some of the notable companies he has been involved with include:

United Spirits
United Breweries Group
Kingfisher Airlines
Berger Paints
Best and Crompton
Mangalore Chemicals and Fertilisers
The Asian Age
Cine Blitz

Vijay Mallya: Major Achievements

Mallya has achieved several notable milestones during his career. Some of his major achievements include:

Becoming the chairman of United Spirits, the largest spirits company in India.

Diversifying and acquiring various companies, expanding the United Breweries Group's portfolio.
Achieving the milestone of selling 100 million cases of United Spirits, making it the second-largest spirits company in the world by volume.
Launching Kingfisher Airlines, which became a prominent airline in India.

Vijay Mallya: Awards & Achievements

Mallya has received several professional awards and recognitions for his contributions to the business world. Some of his notable awards include:

Honorary doctorate from Southern California University for Professional Studies
"Officier de la Légion d'Honneur" from France

Vijay Mallya: Personal Life & Legacy

Mallya is known for his extravagant lifestyle and religious devotion. He has been involved in several controversies and legal proceedings, including allegations of financial fraud and money laundering. Despite these challenges, Mallya continues to be a prominent figure in the Indian business community.

Vijay Mallya: Trivia

Mallya is an avid art collector and owns a significant collection of Indian and international artworks.
He is a licensed pilot and has flown his own private jets.
Mallya has been involved in several philanthropic activities and has supported various charitable causes.

Wealth History

Timeline

18 December 1955

Vijay Mallya was born in Bantwal, Mangalore, Karnataka.

2005

Vijay Mallya launched Kingfisher Airlines.

2012

Vijay Mallya ceded management control of United Spirits to Diageo, retaining a minority stake.

2016

Vijay Mallya left India, facing allegations of financial fraud and money laundering. His passport was revoked by the Indian government.

2017

Vijay Mallya was arrested in the UK on behalf of Indian authorities for fraud accusations. He was also found guilty of contempt of court by the Supreme Court of India and summoned to appear.

2020

Vijay Mallya lost his final appeal against extradition to India.

2022

Vijay Mallya was sentenced to four months in jail and fined Rs 2,000 by the Supreme Court of India for contempt of court.

Vijay Mallya : FAQs

What is Vijay Mallya's net worth?

As of 2012, Vijay Mallya's net worth was $1.00 billion.

What are Vijay Mallya's main sources of wealth?

Vijay Mallya's main source of income comes from Liquor.

In which industry does Vijay Mallya primarily operate?

Vijay Mallya is primarily involved in the Food And Beverage industry.

What is Vijay Mallya educational background?

Vijay Mallya holds a Bachelor of Arts / Science from Calcutta University.

How old is Vijay Mallya?

Vijay Mallya is 70 years old.

How many children does Vijay Mallya have?

Vijay Mallya has 3 children.

Who is Vijay Mallya and why is he a fugitive?

Vijay Mallya is a former Indian businessman and politician, currently a fugitive due to an extradition effort by the Indian Government to return him from the UK to face charges of financial crimes.

What are some of Vijay Mallya's major business ventures?

Vijay Mallya was the former chairman of United Spirits, India's largest spirits company, and continues to serve as chairman of United Breweries Group. He also founded Kingfisher Airlines and was a former co-owner of the Force India Formula One team.

What led to Vijay Mallya's legal troubles and extradition case?

Mallya's legal troubles began with the insolvency of Kingfisher Airlines, leading to accusations of being a "willful defaulter" under Indian law, with allegations of money laundering and misappropriation, culminating in an extradition case in the UK.

What is Vijay Mallya's background in politics?

Vijay Mallya was a former member of the Akhila Bharata Janata Dal and the Janata Party, elected to the Rajya Sabha as an independent member from Karnataka twice before resigning in 2016 amid controversies and investigations.

What recognitions has Vijay Mallya received throughout his career?

Despite controversies, Vijay Mallya has received several professional awards, including an honorary doctorate from Southern California University for Professional Studies and the "Officier de la Légion d'Honneur" from France.