The owner of Kingfisher Airlines Vijay Mallya, who once operated a millions business empire, saw his net assets decreased in recent years. After taking over the role of the Chairman of the United Breweries group at the age of 28, the Baron Liqueur has spread to various sectors, including aviation, drinks and real estate.
The journey of a successful entrepreneur to the escaped, known as the “King of Good times”, was full of controversy. According to Forbes, its estimated net fortune in 2013 was around $ 750 million. Meanwhile, Vijay Mallya’s latest report dates back to July 2022, when the United Kingdom, according to The Independent, estimates that around $ 1.2 billion.
Assets Vijay Malllya
Vijay Mallya reportedly owns Penthouse in Trump Plaza, New York, in the United States, which was purchased for $ 2.4 million in 2010. In addition, he owns three luxury flats in the same building. Two of these luxury apartments were purchased together with his daughter. In addition, Mr. Grande Jardin Estate in France, located on the island of Sainte-Marguerite, near Cannes.
In 2012, Kingfisher Airlines encountered extreme financial problems as a result of growing debts and financial questions. Vijay Mallya blamed the global financial crisis of 2008 for the launch of the financial ruins.
Vijay Malllya, entangled in a long legal battle with creditors and Indian authorities, recently revealed that he was willing to return to India if he gets a fair trial. In 2016 he flew to Great Britain after being charged with a bank loan £9 000 crore. In the following year, the Supreme Court found Vijay Mallya guilty of the now extinct airlines Kingfisher.
He was found guilty of transferring $ 40 million to his children and was sentenced to four months in prison. Fine £The sentence was accompanied by 2 000 (21 GBP) for the contempt for the 2017 court proceedings. The Indian government has applied for its extradition in 2017, but the 69 -year -old entrepreneur continues to deny any unlawful conduct and has been fighting for courts since then.
To prove his innocence, Vijay Malllya said in a recent podcast with Raj Shamani, “Can you call me refugees for not going to India after March, but not escaped. (Theft)?”
Called his stay in England with “fully ligitimat”, he said “business failure is compared or equal to fraud.”
(Tagstotranslate) Vijay Mallya Net Worth: former RCB owner (T) Kingfisher Kingpin
