A BIOGRAPHY OF VIJAY MALLYA

ACHIEVEMENTS : Chairman of the United Beverages (UB) Group; Launched a new

domestic airline called Kingfisher Airline; Rajya Sabha M.P.

Vijay Mallya is the Chairman of the United Beverages (UB) Group. He recently
launched a new domestic airline called Kingfisher Airline which is making great
waves. Vijay Mallya is famous for his flamboyant and flashy lifestyle.Vijay Mallya is
the son of a famous industrialist Vittal Mallya. He assumed the Chairman of the UB
Group in 1983 and took the company to great heights. Under his dynamic
leadership the group has grown into a multi-national conglomerate of over sixty
companies. During this process United Beverages acquired several companies
abroad. The UB Group has diversified business interests ranging from alcoholic
beverages to life sciences, engineering, agriculture, chemicals, information
technology and leisure.In 2005, Vijay Mallya established Kingfisher Airlines. In a
short span of time Kingfisher Airline has carved a niche for itself. It was the first
airline in India to operate with all new aircrafts. Kingfisher Airlines is also the first
Indian airline to order the Airbus A380.Vijay Mallya has other interests too apart
from business. He has won trophies in professional car racing circuits and is a keen
yachtsman and aviator. Vijay Mallya has also won numerous trophies in horse
racing including several prestigious Derbies. In 2000, Vijay Mallya entered politics
superceded Subramaniam Swamy as the president of Janata Party. Presently, he is a
Rajya Sabha M.P.

INDIAN BILLIONAIRE AND BUSINESS TYCOON: VIJAY

MALLYA
Update: According to the Forbes’ 2009 list of the world’s billionaires,
Mallya dropped off the list with an estimated loss of $ 900 million.
Indian Billionaire and Liquor Tycoon , Vijay Mallya has always been known for his
charismatic personality,flamboyance and lavish lifestyle.The stylish business
tycoon is known for sporting diamond ear studs.Mallya does not think twice
before flaunting his wealth.Mallya owns yachts,private jets,a customized
boeing 727,around 250 vintage cars and a stud farm with 200 horses.Mallya’s
Indian Empress is a Rs 450 crore, 311 feet yacht. Kalizma is a 165 feet yacht, this
was owned by actor Richard Burton at one time.
Vijay Mallya is the Chairman of the UB Group and according to Forbes 2008, his
net worth is US $ 1.2 billion.United Breweries is the second largest sprits group in
the world.We can recall that The UB Group acquired Whyte and Mackay for £ 595
million in 2007.The UB group has a market capitalization of around US$ 12 billion.
Vijay Mallya was born on December 18 ,year 1955.He studied at La Martiniere
School in Kolkata.Mallya went to St Xavier’s college, University of Calcutta for his
Bachelor’s Degree.He started working while he was in college.He worked for his
company for Rs 400 per month.Later,Mallya went to the US and worked
for American Hoechst Corporation.
Vijay Mallya became the Chairman of the UB Group at age 28 in the year
1983, after his father Vittal Mallya passed away. Since that time he has led the
group and turned it into a multi billion dollar business.Today the company has
annual sales of more than US$ 4 billion.Vijay Mallya holds an honorary Doctorate
of Philosophy in Business Administration,conferred by University
of California,Irvine. Mr. Mallya likes to take on new challenges and live life to the
fullest.
Vijay Mallya entered into the aviation sector when he launched Kingfisher
Airlines in 2005. In Just about 3 years Kingfisher has become one of the
leading Airlines in India.Mallya owns 46 per cent stake in low cost airline Air
Deccan.His company appointed accenture to look at the possibility of
integrating the operations of Kingfisher and Air Deccan.Accenture
recommended the merger of the two Airlines.With this merger Kingfisher will be
able to fly on international routes since Air Deccan becomes eligible to fly abroad
this year.Kingfisher plans to start international operations by August 2008.
Kingfisher gives competition to Naresh Goyal’s Jet Airways. Naresh Goyal and
Vijay Mallya were in the Forbes’ battling billionaires list since both of them
have ambitious plans for their Airlines.Billionaire Naresh Goyal has a net worth of
$1.4 Billion.
Vijay Mallya is the owner of The Bangalore Royal Challengers Team of the IPL.
Mallya paid Rs 464.3 crore for the team.The team is led by Rahul Dravid and has
Players such as Zaheer Khan,Anil Kumble,Praveen Kumar,Mark Boucher,Virat Kohli
and Jacques Kallis.Mallya and Dutch Businessman Michiel Mol are the owners
of a Formula One Team , Force India.Force India was earlier called spyker.They
bought the team for 88 million euros

Vijay Mallya

Born 18 December 1955 (1955-12-18)

(age 53)
 Bantwal, Karnataka, India

Member of Parliament of:

Rajya Sabha
Chairman of:
United Breweries Group,
Occupation
Kingfisher Airlines,
Force India,
Royal Challengers Bangalore,
URBB

Net worth ▲US$1.2 billion