Vijay Mallya’s profile picture

Vijay Mallya

Vijay Mallya’s profile picture
Net worth 2018: $1 Billion
Country: India
BirthDay: 18 December 1955
Sigh: Capricorn
Children: 3
Education: Bachelor of Arts / Science, Calcutta University

Vijay Mallya was bornon 18 December 1955 in India. After deal with Diageo to sell a controlling stake in flagship United Spirits, embattled liquor tycoon Vijay Mallya handed over management control of his cash cow though he still retains a minority stake. That and rising shares of United Breweries, a beer venture with Heineken, which gained 25% in past year, have kept this onetime billionaire afloat. Staff at his shuttered carrier Kingfisher Airlines, which owes banks over $1 billion, haven't been paid in 15 months. But he hasn't given up efforts to sell the airline. This summer he hosted a housewarming party at his new digs in London.


$1 Billion


$1.4 Billion


$1 Billion


$1 Billion


On 3 October 2017, Vijay Mallya was arrested as part of a money-laundering case in London and was released on bail


On 2 May 2016, Vijay Mallya resigned from his post as a Rajya Sabha MP, a week after the Rajya Sabha ethics panel declared that he should no longer be a member of the House and one day before the panel was set to meet again to recommend his expulsion


By November 2015 the amount owed to the banks had grown to at least $1


As of October 2013, it had not paid salaries to its employees for 15 months, had lost its licence to operate as an airline, and owed more than US$1 billion in bank loans


In 2012, Mallya ceded management control of United Spirits Limited to global spirits giant Diageo, although he retained a minority stake in the business


In 2010, he was re-elected for a second term, this time with the backing of the Bharatiya Janata Party (BJP) and the JD(S)


Kingfisher Airlines, established in 2005, was a major business venture launched by Mallya


Previously a member of the Akhila Bharata Janata Dal, Mallya joined the Subramanian Swamy-led Janata Party in 2003 and was its National Working President until 2010


He was elected to the Rajya Sabha in 2002 as an independent member from his home state of Karnataka with the support of the Congress party and Janata Dal (Secular)


Since then, the group has grown into a multi-national conglomerate of over 60 companies, with an annual turnover which increased by 64% over 15 years to US$11 billion in 1998–1999


In June 1993, Mallya married his current wife Rekha, whom he had known since childhood, and together they have two daughters, Leanna and Tanya


Over the years, he has diversified and acquired Berger Paints, Best and Crompton in 1988; Mangalore Chemicals and Fertilisers in 1990; The Asian Age newspaper and the publisher of film magazine, and Cine Blitz, a Bollywood magazine in 2001


They have one son, Siddharth Mallya, who was born on 7 May 1987


In 1986, he met and married Sameera Tyabjee, an air hostess of Air India


Mallya became the Chairman of United Breweries Group in 1983 at the age of 28, following his father's death


Xavier's College, Kolkata, where he graduated with a Bachelor of Commerce degree (with honours) in 1976


Vijay Vittal Mallya (born 18 December 1955) is an Indian businessman and politician who is the subject of an extradition effort to try to force his return from the U

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