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

India inches closer to Vijay Mallya’s extradition, inks pact on illegal migrants’ return with UK

India and the UK have signed two agreements on return of Indians, who are living in Britain as illegal migrants, and sharing criminal records and intelligence. The development comes close on heels of India seeking UK’s help in early extradition of ...
Posted: January 14, 2018, 5:45 pm

Vijay Mallya case: Centre raps Arthur Road officials for leaking info

MEA secretary asks state to take action on prison officials whose statements are jeopardising India’s case for his extradition. Arthur Road jail officials’ enthusiasm over divulging details of Vijay Mallya’s possible stay in the prison in case he is ...
Posted: January 17, 2018, 11:57 am

Bengaluru court issues arrest warrants against Vijay Mallya, others for alleged fraud

A court here has issued arrest warrants against fugitive liquor baron Vijay Mallya and 18 others for offences involving alleged fraud and concealment of material facts for inducing investments, on a complaint by the Serious Fraud Investigation Office (SFIO).
Posted: January 19, 2018, 3:55 am
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