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Vijay Mallya Net Worth

Emmy Wallin

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Vijay Mallya Net Worth

What is Vijay Mallya’s net worth? 

Net Worth:$1.2 Billion
Age:65
Born:December 18, 1955
Country of Origin:India
Source of Wealth:Businessman
Last Updated:2021

 Introduction   

Vijay Mallya is an Indian businessman.

Mallya is a former member of Parliament. He is the subject of an extradition effort by the Indian Government to return him from the UK to face charges of financial crimes in India.

He is the former owner of the Royal Challengers Bangalore cricket team. 

As of 2021, Vijay Mallya’s net worth is estimated to be roughly $1.2 billion. 

 

Early Life 

Vijay Vittal Mallya was born on the 18th of December, 1955, in Kolkata, India.

Mallya is the son of Vittal Mallya and Lalitha Ramaiah. He was educated at La Martinière Calcutta, where he was appointed House Captain of Hastings house in his final year, and at St. Xavier’s College, Kolkata. 

In 1986, Mallya married Sameera Sharma. They have one son, Siddharth Mallya, who was born in 1987. They have divorced shortly afterward.

 

Career 

In 1983, Mallya became Chairman of United Breweries Group when his father passed away. Today, the group consists of more than 60 companies. The companies were consolidated under the name UB Group.

All through the 80s and the 90s, he received great success and fame. He soon became one of the most talked-about businessmen in India.

United includes India’s best beer Kingfisher. United Spirits has sold 100 million cases and became the second-largest spirits company in the world. 

In 2007, he was part of a group that purchased the Formula One racing team Spyker. The team named changed to Force India F1 and then Sahara Force India. He has had a career in politics and is an Independent MP. 

In 2012, he ceded management control of the company. Today, he is the chairman of United National Breweries. Aside from alcohol, the group of companies focuses on life sciences, agriculture, chemicals, engineering, aviation, and information technology.

Mallya was forced to step down from the post of chairman of United Spirits with a cheque of $75 million. The payment has been blocked by Indian courts.

As of 2021, Vijay Mallya’s net worth is estimated to be roughly $1.2 billion. 

 

How Does Vijay Mallya Spend His Money?

Vijay Mallya spends some of his money on real estate and lavish cars. 

 

Vijay Mallya’s Home 

Bangalore in India is home to one of the most luxurious and over-the-top luxury mansions ever built in the world. Mallya built his own white house on top of the skyscraper. 

 

Vijay Mallya’s Cars 

Mallya’s car collection includes Rolls-Royce Ghost, a Range Rover, and a Mercedes AMG S65. He also owns his own private jet, which can cost a fortune. 

 

Highlights

Here are some of the best highlights of Vijay Mallya’s career:

  • Former owner of the Royal Challengers Bangalore cricket team
  • United Spirits Ltd.

 

Favorite Quotes from Vijay Mallya

“My father was very clear; I had to have an ordinary upbringing. Put to work as a lowly-paid trainee after college. I didn’t like it at the time, but I can’t help but feel that that was probably the best thing for me.” – Vijay Mallya

“At age 26, I was chairman of UB Group but living like a 26-year-old. I lived my age. Which youngster doesn’t like a Ferrari? Which youngster doesn’t like a good time?… but my contemporaries were R. S. Goenka and Dhirubhai Ambani, captains of the industry but twice my age. You wouldn’t necessarily expect them to be driving around in Ferraris.” – Vijay Mallya

“Everybody keeps saying that India’s a poor country. Yes, we have poverty. But I blame the government of India, the political establishment, for their failure to educate and therefore their failure to control the poverty.” – Vijay Mallya

“We have registered a company in the name of Kingfisher International in the US. We will be flying to India and other international destinations, provided we get all necessary approvals at the right time.” – Vijay Mallya 

“For the first time, we will be able to offer direct non-stop services between India and the USA, and these aircraft will have a unique configuration giving passengers extra space and comfort on their long flights.” – Vijay Mallya 

“I run my own world because I very firmly believe that my destiny, my future, is in my hands, and I don’t want to blame anybody else for the path that I take.” – Vijay Mallya 

 

3 Awesome Lessons from Vijay Mallya

Now that you know all about Vijay Mallya’s net worth and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

 

1. Work hard

Mallya works hard, and he plays hard, too. There is nothing wrong with that.

 

2. Live the Life You Want To Live 

Vijay lives the way he wants to live, and he doesn’t comment on how other people live. 

 

3. Challenges 

Challenge is something you need to move on and not be afraid of. 

 

Summary 

Vijay Mallya is an Indian businessman and politician. Mallya was born in Kolkata, India.

He graduated from St. Xavier’s College, Calcutta. After graduating, he interned at Hoechst AG in the United States. Known as the “King of Good Times,” Mallya is known for his extravagant lifestyle. He is the chairman of the ‘United Breweries Group’. 

As of 2021, Vijay Mallya’s net worth is estimated to be roughly $1.2 billion. 

What do you think about Vijay Mallya’s net worth? Leave a comment below. 

Emmy Wallin is a writer for Wealthy Gorilla. She is a young Swedish girl from Uppsala, who is currently traveling around the world. Emmy has a big passion for helping others and motivating people. Emmy has been studying celebrities careers, biographies, lifestyles, and net worths for over 3 years. She is the face behind the net worth profiles here on Wealthy Gorilla.

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