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

SAT upholds SEBI order against Vijay Mallya

The Securities Appellate Tribunal on Friday upheld an order passed by Securities and Exchange Board of India (SEBI) barring Vijay Mallya from holding any board position or act as a key managerial person in a listed company in the country. SAT also ...
Posted: August 11, 2017, 3:14 am

Vijay Mallya ceases to be the director of United Breweries, says company

United Breweries Ltd (UBL) said on Thursday Vijay Mallya has ceased to be director of the company following market regulator Sebi’s order against him. On January 25 this year, Sebi had restrained Mallya from holding position as director or key managerial ...
Posted: August 10, 2017, 9:57 pm

'Vijay Mallya was too possessive about his business'

BENGALURU: Influential businessmen in the country often have too much of a sense of possessiveness about their businesses even when they have used public money to create them, author and journalist Kingshuk Nag said here on Saturday. He said this was an ...
Posted: August 19, 2017, 10:06 pm

Setback for Mallya, his plea against Sebi order dismissed

In January, Sebi had barred Mallya and six former officials of USL from securities markets in a case related to illegal fund diversions. The Securities Appellate Tribunal (SAT) on Friday rejected fugitive liquor baron Vijay Mallya's appeal against Sebi ...
Posted: August 11, 2017, 8:51 am

Vijay Mallya ceases to be director: United Breweries

United Breweries (UBL) on Thursday said its Chairman Vijay Mallya has ceased to be director of the company following market regulator Sebi's order against him. On January 25 this year Sebi had restrained Mallya from holding a position as director or key ...
Posted: August 11, 2017, 11:40 am
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