MR.VIJAY MALLYA

Vijay Mallya








Vijay Mallya
ವಿಜಯ್ ಮಲ್ಯ





Born

18 December 1955 (age 55)
Bantwal, Karnataka, India


Alma mater

La Martiniere for Boys School, Calcutta
St. Xavier's College, Calcutta[1]


Occupation

Chairman of:
United Breweries Group,
Kingfisher Airlines,
Force India F1 Team,
Royal Challengers Bangalore,
East Bengal FC,[2]
URBB


Net worth

$1.4 billion$(2011)[3]


Religion

Hinduism


Spouse

Samira (divorced)
Rekha (1993–present)[4]


Children

3[4]




Vijay Mallya



Member of the Rajya Sabha


In office
2000 - 2006, 2010 - present


Constituency

Karnataka



Political party

Independent


As of 15 July 2010
Source: http://rajyasabha.nic.in



Vijay Mallya (Kannada: ವಿಜಯ್ ಮಲ್ಯ) (born 18 December 1955) is an Indian liquor baron and Rajya Sabha MP. The son of industrialistVittal Mallya, he is the Chairman of the United Breweries Group and Kingfisher Airlines, which draws its name from United Breweries Group's flagship beer brand, Kingfisher.


He also owns the Formula One team Force India, the Indian Premier League team Bangalore Royal Challengers, and the I-League teamEast Bengal FC and Mohun Bagan AC.[5]


According to Forbes.com, as of March 2010, Mallya, is worth US $1 billion.[6] He is ranked 937 in The Forbes World Billionaires Ranking (2010). He receives substantial press coverage that focuses on his lavish parties, villas, automobiles, Force India, Royal Challengers Bangalore and his yacht, the Indian Empress.



Contents

[hide]
1 Personal life
2 Business
2.1 Breweries
2.2 Airlines
2.3 Media
3 Investment in sports
3.1 Formula One
3.2 Football
3.3 Cricket
4 Political career
5 Auction purchases
6 Other businesses
7 References


Personal life


Mallya was born into a Konkani Gowda Saraswat Brahmin family originally from the town of Bantwal, near Mangalore, in Karnataka. He is the son of Vittal Mallya and Lalitha Ramesh. He was educated at La Martiniere for Boys School, Calcutta[7] and completed his degree atSt. Xavier's College, Calcutta
Business
Breweries


Mallya took over as Chairman of United Breweries Group in 1984 from his father Vittal Mallya. Since then, the group has grown into a multi-national conglomerate of over sixty companies, with an annual turnover which increased by 63.9% over 15 years to US$11.2 billion in 1998-1999 . The focal business areas of the group encompass alcoholic beverages, life sciences, engineering, agriculture, chemicals, information technology, aviation and leisure.


In May 2007, United Breweries Group announced the all-cash acquisition of scotch whisky maker Whyte & Mackay for £595 million (approximately Rs 6000 crore).[8] In 2005 he took over Millennium Breweries Ltd (formerly known as Inertia Industries Ltd), which owned the two premium beer brands named Sandpiperand Zingaro.
Airlines


In 2006, Mallya established Kingfisher Airlines.[9] At present, the airline connects 32 cities. Kingfisher Airlines obtained a 26% stake in Air Deccan, a low cost Indian airline which Mallya later acquired fully and rebranded as Kingfishers Red. Vijay Mallya and his Jet Airways counterpart Naresh Goyal announced an alliance after a marathon meeting on 13 October 2008 atMumbai, India.
Media


Mallya owns the MarinScope Newspapers which serve Marin County, California where he maintains a home and stores a portion of his car collection.[10]
Investment in sports
Formula One


Main article: Force India







Vitantonio Liuzzi driving for Mallya'sFormula One team, Force India, at the 2009 Japanese Grand Prix.


In 2007, Mallya and the Mol family from The Netherlands bought the Spyker F1 team for 88 million euros.[11] The team changed its name toForce India F1 from the 2008 Season.[12] Team's car VJM-01 was named after its owners Vijay Mallya, Jan Mol and Michiel Mol.


Mallya also represents India in the FIA World Motor Sport Council, where he has a seat from 2009 to 2013.[13]
Football


Mallya's United Breweries sponsors the East Bengal and Mohun Bagan football clubs in Kolkata where Mallya spent his childhood.[14]


He also was part of the consortium that acquired Queens Park Rangers FC; the consortium also included Bernie Ecclestone, Flavio Briatoreand Lakshmi Mittal.[15]


Vijay Mallya has recently indicated his intention to buy AS Bari, a football team which plays in the Italian Serie A.
Cricket


Main article: Royal Challengers Bangalore


Mallya's flagship firm UB Group owns the Royal Challengers Bangalore team in the Indian Premier League. He won the team in an auction paying US $111.6 million for it.
Political career


Mallya entered politics in 2000 and replaced Subramanian Swamy as the president of the Janata Party, . His party contested almost all of the 224 seats during the Karnataka State legislative election. He campaigned vigorously through the media, but his party failed to make any impact and did not win a single seat. Following the party's failure in the elections, it has been largely ignored by the media,[16] although Mallya recently became an MP independently.
Auction purchases


Vijay Mallya is noted for his successful bidding in auction of items that are considered of great historical value to India.[citation needed] In 2004, he placed the winning bid of £175,000 for the sword of Tipu Sultan at an auction in London, and brought it back to India.[17] In March 2009, Mallya successfully bid for the belongings of Mahatma Gandhi at US$1.8 million, in a New York auction that initially caused an uproar in India and its government tried and failed to prevent it from going under the hammer.[18][19][20]
Other businesses
Establishment of Mallya Hospital in Bangalore. The hospital is located on Vittal Mallya Road, named after his father.
Helped to fund the Mallya Aditi International School, a private school in Bangalore.