Indian Billionaire and Business Tycoon: Vijay Mallya

Published by admin on May 14th, 2008 | Tagged Achievers, Billionaires, Business, Entrepreneurship

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.

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37 Responses to “Indian Billionaire and Business Tycoon: Vijay Mallya”

  1. AnkitNo Gravatar Says:

    Edifying and Informative

    http://virtuously.blogspot.com/

  2. sudhakarNo Gravatar Says:

    humble begining to a unreachable height of a common

  3. ShekharNo Gravatar Says:

    I met Mr.Mallya in Oman when he flew in on his personal Jet.Very impressive and down to earth.
    It is sad to see his IPL team languishing at the bottom of the table.The team formation was never in line with flamboyance of Mr.Mallya.I hope he does a drastic changes for the next year challenge.
    Wish him the best and we are proud of him as a NRI.

  4. adminNo Gravatar Says:

    I agree with you Shekhar.Lets hope the team does well next year.

  5. ANSHU GUPTANo Gravatar Says:

    I AGREE WITH ALL THE ABOVE

    HE IS DOING GOOD FOR NATION

    SPL INDIA

    HE IS DOWN TO EARTH MEN

    BASICAALY HE IS DOING GOOD

    ALL THE BEST

  6. madhav sethiNo Gravatar Says:

    mr. mallya makes india proud with his achievements. best of luck

  7. Shawn D'saNo Gravatar Says:

    All the best sir i wish u luck. i admire Dr Vijay Mallya n i want to become like him.

  8. Tanvir SindhiNo Gravatar Says:

    Dr Mallya, a great personality and full of courage person for me to furiously develop my future plans. I am sure that i will meet to him one day regarding business topic. Insahallah.

  9. niteshNo Gravatar Says:

    Dr mallya,he’s stlye icon for me,i wish to become like him,i wish day will come when i’ll stand front by him recieving a award from him for bissiness excellence.

  10. MadhaliNo Gravatar Says:

    Truly great post!

    It reminds me of Pathbreakers series-by Debashis Basu and Sucheta Dalal.

    Do you know that-’Investment for the ‘MoneyLIFE’ personal finance magazine is not subject to market risks’??

    Everyone should get benefited from my MoneyLIFE–
    http://www.moneylife.in

  11. vikash vidrohiNo Gravatar Says:

    i m ur fan

  12. Shorabh singhNo Gravatar Says:

    Sir i am yr fan.i want to be as you.thanks sir u give me a aim in my life that how can we success in our life. U r ideal for me. I am the student of mba.

  13. DharmeshNo Gravatar Says:

    Dr. Mallya, world’s first stylish business tycoon and billionaire, ultimate charismatic personality, and lavish lifestyle. I like as my business icon and want to meet with him in one time in my life for business discussion and ideas.

  14. ektaNo Gravatar Says:

    i am a big fan of him but i hve nevrr seen him but i really want to meet him someday i want to know the secret of his sucess iam a small town girl from patna n i have never seen him but respects him alot n want to see him n talk to him once i lust love his sucess

  15. kbothraNo Gravatar Says:

    VIJAY MALLYA..!! a perfect example of a person , businessman and an INDIAN

  16. priyankaNo Gravatar Says:

    MR. Mallya!a perfect business tycoon for india. All the best

  17. VIRALNo Gravatar Says:

    i want to be as sir vijay mallya.thanks sir u give me a aim in my life that how can we success in our life. U r ideal for me, i promise one day we meet.PROMISE

  18. VIRALNo Gravatar Says:

    i want to be as sir vijay mallya.thanks sir u give me a aim in my life that how can we success in our life. U r ideal for me, i promise one day we meet.

  19. VineethNo Gravatar Says:

    Vijay Sir, This is Superb if our country had 10 Mallya like you we would have been the number 1 in the World.
    I dream to meet you one day if i get the permission from you. Always dreamed of you being my mentor.

  20. GururajNo Gravatar Says:

    No doubt about Dr- Mallay’s choices he chooses best in life and deliver’s best.

  21. TOUSIFNo Gravatar Says:

    WELL EVERY ONE KNOWS THAT HE IS A STYLISH TYCOON ON THE EARTH, N EVERY 1 WISHES TO BE LIKE HIM…
    HAS ANY ONT THOUGHT OF BECOMING LIKE HIM,, I WISH TO BE 1 AMOGST THEM,
    DR. MALLYA NOT JUST A FLAMBOYANCE BUT ALSO A PERFECT MAN,
    HE PROVES THE SAYIN WRONG NO BODY IN THIS WORLD IS PERFECT
    BUT “MR MALLYA IS PERFECT I SAY”

  22. mruniqueNo Gravatar Says:

    hello sir ur the true son for mother india people like u can make many things i hope i will be the next vijay mallya and make u to feel having such a g88 fan for u ur the role maodel for me

  23. Sharmistha DuttaNo Gravatar Says:

    Dear Mr Mallya,

    I am a big fan of yours & I always dream to be like you .

    I like the way you portray yourself , your style …its just amazing !! I nerver miss any article related to you , whether its in TV/Newspaper

    or anywhere so that I can built myself the same way .

    I Wish you a wonderful future ahead . Good Luck :-)

  24. ankur sharmaNo Gravatar Says:

    mr malya was born with a silver spoon in his mouth but he desired tomake it of “gold” .

  25. RahulNo Gravatar Says:

    HI Mallay Sir, I have a faith in u, i don’t know why.But I fast for ur success. Really i want to be like as u .

  26. pradeepNo Gravatar Says:

    Hello sir, you are the inspiration for all the buisness people in the world,we get motivated when we Read about your life.

  27. narinder aroraNo Gravatar Says:

    I AM VERY MUCH FAN OF MR. VIJYAMALYA
    HONOUR OF INDIA GOOD LIFE STYLE.TWO YEARS BACK UB GROUP LAUNCH A SCHEME TO PROMOTE SIGNATURE WHISKY IN CLUBS AND WITH EVERY PEG COMPANY EMPLOYEES PROVIDE ONE COUPON AND EVERY THURSDAY THEY MAKE A DRAW FOR FREE KINGFISHERTICKET FOR GOA.
    I TEACH THE BOYS HOW U CAN SELL SIGNATURE MAXIMUM IN ALL OUR LUDHIANA CLUBS.U CAN,T IMAGINE EVERYBODY TASTE SIGNATURE EITHER HE IS BLACK LABELIAN OR ANY BRANDERS. MY GOODLUCK FROM 1000 COUPON I WON FIRST PRIZE FOR FREE AIR TICKET FOR GOA .IM VERY MUCH THANKFUL TO UB GROUP AND HOPES THEY LL PROVIDE MORE SCHEMES LIKE THAT.SEND ONE FREE FAMILY TICKET FOR GOA IF POSSIBLE. I ASSURE U HAVE NO NEED TO PROMOTE I ONLY SUFFICIENT.THANKS VIJYA MALYA IT IS MY PERSONALLY WISH TO FAMILY SNAP WITH VIJAY MALYA. THANKS

  28. Meera KattuakrenNo Gravatar Says:

    Wow!!!! what a great man I’m his fan n want to join him…..

  29. A AgarwalNo Gravatar Says:

    He is best….
    i m jst better than him….
    Let the time come

  30. Suresh ANo Gravatar Says:

    Sir, I find you as one of the person with both the mind for business & Pleasure. From little I read about you you have a brillient mind for business and a good heart for the social causes. How you could manage with both is a real lession everyone should learn. I always admired the style in which you had been doing things in and outside india. Though I had lost heavely on purchasing the shares of Kingfisher Airlines I still have the belief you will pull thro’ all the tough times as always. I also see you enjoy a much better lifestyle when compared with other billioners / millioners in india. Thanks for the oppturnity to express myself.

  31. shivanaikarNo Gravatar Says:

    hello sir, i m also a fan of you…i also want to become like you… when i get the successs in my life, i vil come n meet you first…All d best sir

  32. harshal jainNo Gravatar Says:

    vijay malya is my fovourite business tycoon i wish if i cud see him sometime thanks for such informations

  33. imtiyaazNo Gravatar Says:

    mallya sir…
    he vll b flyin high always n all youths try 2 b like him 2day…

  34. RuchikaNo Gravatar Says:

    “once u get going, the going gets easier” is golden rule of my life n i hv learned it from vijay mallya

  35. RuchikaNo Gravatar Says:

    “once u get going, the going gets easier” is golden rule of my life n i hv leaned it from vijay mallya

  36. sudipNo Gravatar Says:

    he is really great… and i have got lots of inspiration from him. i loved that person…. great go ahead sir……….

  37. fayazNo Gravatar Says:

    Im a big fan of Dr.Mallya.He did great for our nation.I impressed with u r idea of getting back of Gandhi’s belongings and u proved once again the KING OF GOOD TIMES and INDIA….