| Name: | Vijay Mallya |
| Net Worth: | US$ 1 billion |
| Source of Wealth: | United Breweries |
| Born: | December 18, 1955 |
| Country: | India |
| Wife: | Rekha Mallya |
| Children: | Siddharth Mallya, Laila Mallya, Tanya Mallya, Leanna Mallya |
| Residence: | London |
| Private Jet: | (VT-VJM) Airbus A319 |
| Yacht: | Neom |
Vijay Mallya, born in December 1955, was once an emblematic figure in India’s business landscape. He served as the chairman of the United Breweries Group, a conglomerate with diversified interests ranging from brewing, aviation, pharmaceuticals, and real estate to sectors like engineering, fertilizers, biotechnology, and information technology. Married to Rekha Mallya, he is the father of four children: Siddhart Mallya, Laila Mallya, Tanya Mallya, and Leanna Mallya.
United Breweries, under Mallya’s leadership, emerged as India’s largest producer of beer. The brand most synonymous with the company is Kingfisher Beer, which dominated the market with an approximate 48% share. In 2013 alone, the companies under United Breweries realized sales amounting to over USD 5 billion. At the young age of 26, Mallya took over as chairman following his father’s death. As of the latest data, Mallya owned approximately 5.3 million shares in United Breweries, representing a value of around USD 70 million.
Venturing beyond brewing, Mallya launched Kingfisher Airlines in 2005. Despite initial promise, the airline failed to maintain its trajectory and became insolvent, eventually shutting down in 2012. This marked a significant low point in Mallya’s otherwise illustrious career.
Before the controversies that clouded his reputation, Mallya’s net worth was estimated by Forbes to be around USD 750 million. Besides his business in brewing and aviation, he also dabbled in sports as the co-owner of the Formula One team Sahara Force India, which he later sold to Lawrence Stroll.
In 2018, Vijay Mallya found himself at the center of a legal storm. Appearing at London’s Westminster Magistrates’ Court, he faced multiple charges, including fraud, conspiracy, and money laundering. The court ruled that Mallya should be extradited to India to face these charges. While he has the option to appeal to London’s High Court, Mallya claimed that the verdict was politically motivated at the behest of Indian authorities and even offered to repay the loans he owed.
In summary, Vijay Mallya’s life is a story of rise, fall, and controversy. Once hailed as India’s “King of Good Times,” he is now fighting legal battles to restore his name and legacy. Whether or not he succeeds, his impact on the Indian business landscape is indelible.
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Mallya owns many houses around the world. Including a large mansion in California. And a house in London and a villa in the South of France.
India, often referred to as the “Land of Diversity,” is the world’s second-most populous country, home to over a billion people. Its rich history dates back thousands of years, and it’s known for its contributions to art, science, and philosophy. As the birthplace of religions like Hinduism, Buddhism, Jainism, and Sikhism, India is a melting pot of spiritual and cultural influences.
The country boasts a variety of geographic features, from the snowy peaks of the Himalayas to the sunny beaches of Goa. Its economy is one of the fastest-growing in the world, driven by sectors like technology, manufacturing, and services. Notably, India is the world’s largest democracy, with a political system that allows for significant civic participation.
Indian cuisine, known for its use of spices and herbs, has global appeal and varies widely by region. Bollywood, the Indian film industry, produces more films than any other country and enjoys international fame. However, India also faces challenges such as poverty, pollution, and social inequality, which it is continuously striving to address. Overall, India is a nation of contrasts, where tradition and modernity coexist in a unique harmony.
He was the owner of the yacht Indian Empress. The yacht was confiscated and auctioned. She was bought by the Royal Family of Saudi Arabia, who named her Neom.
The yacht is now named H3.
In 2022, the H3 yacht underwent a significant transformation by Oceanco in collaboration with designer Reymond Langton. The vessel’s length was increased from 95 meters to 105 meters, and the entire yacht was restyled with a fresh interior. Now registered to a company named Freedom 105 LTD and based in Spain, the yacht is known as H3 (ex Hull 1050H).
Vijay Vittal Mallya owned an Airbus A319 private jet. The jet has registration VT-VJM. The jet used to be registered to Kingfisher Airlines. But ownership was changed to the United Breweries Group a few years ago.
An Airbus A-319 has a list price of US$ 88 million. Mallya used the jet to follow his F1 team around the world.
The jet was abandoned when Mallya’s legal problems started. The last photo shows her in a bad shape.
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Yacht Owners Database 2024
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