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Businessman Vijay Mallya is from India.Former Member of Parliament Mallya. The Indian government is attempting to transfer him from the UK so that he can answer to charges of economic crimes in India.He formerly served as the cricket team’s owner, Royal Challengers Bangalore. Vijay Mallya’s net worth is predicted to be around $1.2 billion as of July 2022.
Vijay Mallya Net Worth 2022
|Net Worth:||$1.2 Billion|
|Date of Birth:||Dec 18, 1955 (66 years old)|
|Profession:||Politician, Promoter, Entrepreneur, Businessperson, Film Producer|
Vijay Mallya Biography
On December 18, 1955, Vijay Vittal Mallya was born in Kolkata, India.
Vittal Mallya and Lalitha Ramaiah are Mallya’s parents, and Mallya is their son. He completed his education at both St. Xavier’s College in Kolkata and La Martinière in Calcutta, where he was selected House Captain of Hastings residence in his final year of schooling.
In 1986, Mallya married Sameera Sharma. Siddharth Mallya, their only child, was born in 1987. They have no further children. They finalized their divorce not long after that.
Vijay Mallya Career
When Mallya’s father passed away in 1983, he succeeded his father as Chairman of the United Breweries Group. There are currently around sixty businesses that make up this group. The merged businesses now operate under the umbrella brand of UB Group.
He enjoyed tremendous success and renown throughout the entirety of the 1980s and 1990s. Soon after, he rose to prominence as one of India’s most prominent businesspeople.
Kingfisher, which is considered to be India’s finest beer, is offered by United. United Spirits is now the world’s second-largest spirits firm after reaching the milestone of selling 100 million cases of its products.
He was a member of the syndicate that acquired the Formula One racing team Spyker in the year 2007. The team’s name was originally Force India F1, however, it was later changed to Sahara Force India. He is currently serving as an Independent Member of Parliament after a long political career.
In 2012, he gave up his position as manager and gave up control of the company. He holds the position of chairman of United National Breweries at the present time. In addition to the production of alcoholic beverages, the conglomerate of firms also specializes in the fields of life sciences, agriculture, chemicals, engineering, aviation, and information technology.
Mallya was given a check for $75 million to resign from his position as chairman of United Spirits after being coerced into doing so. The payment cannot be made since the courts in India have put a hold on it.
It is anticipated that Vijay Mallya’s net worth will be close to $1.2 billion as of the month of July 2022.
How Does Vijay Mallya Spend His Money?
Vijay Mallya invests some of his money in luxury automobiles and property across the world.
1. When was Vijay Mallya the richest man in India?
The troubled booze baron Vijay Mallya handed over managerial control of his cash cow after reaching a deal with Diageo to sell a controlling stake in the company’s flagship United Spirits, but he still has a minority position.
2. Where is Vijay Mallya now?
Since March 2016, Mallya has resided in the United Kingdom. A Scotland Yard deportation warrant issued on April 18, 2017, has him out on bail.
3. Who gave Mallya loan?
Following the sale of some shares that had previously been seized under the anti-money laundering statute, the State Bank of India-led consortium that provided loans to the wanted billionaire Vijay Mallya on Friday received Rs 792.11 crore into its accounts, according to the Enforcement Directorate.