Vijay Mallya Net Worth is$1.2 Billion
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Profession: Politician, Promoter, Entrepreneur, Businessperson
Date of Birth: Dec 18, 1955
Country: India
Vijay Mallya was born in India and has an estimated net worth of $1 billion dollars. A successful businessman and politician, Vijay Mallya is chairman for multiple companies, including the United Breweries Group and Kingfisher Airlines. He also owns the Formula-1 team, Force India and the Premier League team, the Bangalore Royal Challengers, among others.
Vijay Mallya born on December 18, 1955 in Calcutta, now Kolkata, West Bengal India, is an industrialist and a second-time member of India's parliament. He is the chairman of the UB Group - one of India's largest conglomerates, with diverse interests in brewing, distilling, aviation, pharmaceuticals, real estate, engineering, fertilizers, biotechnology and information technology.
He is the son of industrialist Vittal Mallya and Lalitha Mallya. He took over as the chairman of the company at the age of 28 after his father's sudden demise in 1983.
Mallya grew up in Calcutta where he attended the La Martinere School for boys and graduated with a B. Comm. degree from St. Xavier's College.
During his days in college, Mallya was interning in his family businesses. After he graduated, he went off to intern with American Hoechst in the United States.
After his internship, Mallya started a global trading business - UB International - which he ran under the umbrella of the UB Group. At the time of his father's death, Mallya was unanimously elected Chairman of United Breweries. As part of his modernisation bid, he consolidated the various companies under one umbrella group called the UB Group, spun off non-core and loss-making businesses and focused on the core business of beverage alcohol.
Among the two brands launched by Mallya himself are the iconic Bagpiper whisky and Kingfisher. Bagpiper beat Johnny Walker Red Label in sales in 2009. Kingfisher beer controls more than 50 per cent market share of India's beer market.
United Spirits Ltd, the flagship of The UB Group, has achieved the historic milestone of selling 114 million cases, becoming the largest spirits company in the world by volume.
United Breweries Ltd (UBL), the makers of Kingfisher beer, is the largest brewing company in India with a national market share of more than 50 per cent. Kingfisher beer is currently available in 52 countries outside India and leads the way among Indian beers in the i

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Vijay Mallya Latest News

ED moves court, seeks to declare Vijay Mallya an absconder

MUMBAI: In more trouble for the beleaguered businessman Vijay Mallya, the Enforcement Directorate on Wednesday said it had approached the special PMLA court here seeking to declare him an absconder and attach his properties as he did not comply with a ...
Posted: October 26, 2016, 9:34 am

SC seeks Mallya's overseas asset details in four weeks

The details Mallya filed earlier in his disclosure statement about his foreign properties do not have reference of cash in hand or bank details Liquor baron Vijay Mallya, on Tuesday, drew flak from the Supreme Court for not making full disclosure of his ...
Posted: October 25, 2016, 10:18 am

SC slams Mallya for hiding foreign assets, gives 4 weeks for full disclosure

The properties of Vijay Mallya and the UB house in UB City mall in Bengaluru. (PTI file photo) Supreme Court on Tuesday slammed businessman Vijay Mallya for not fully disclosing his overseas properties and asked him to furnish complete details of his ...
Posted: October 25, 2016, 10:26 am
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