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As of 2008, Mallya is ranked as the 92nd most richest person in the world and 42nd in India. His net worth is of US$1.2 billion. His lavish parties on his yacht the Indian Empress and his close relations to big Indian & International Movie & Music Industry Stars, Sportsmen, Politicians and Industrialists gets him substantial press coverage every now and then.
The Indian Empress, his famous yacht often used for his lavish parties, is one of the largest private yachts in the world at 311 feet 8 inches (95 metres) in length. Launched in 2000 as Al Mirqab. The yacht was owned by a Qatari Royal Family member who sold her to Indian billionaire Vijay Mallya.
Mallya also owns Indian Princess, a 181 foot (55 meter) motor yacht built by Sterling Yacht & Shipbuilders in Japan in 1986.
It was Moored next to the Monaco street circuit on the 2007 F1 race weekend and guests included Formula1 supremo Bernie Ecclestone, Jay-Z, Gideon Marshall, Tadashi Yamashina, Flavio Briatore- Renault Boss, Rob Muntz and Vijay Mallya himself. He Also, has a fantastic car collection, that and more about the Mallya’s can be found here.
- Personal:
- Business:
- Dr. Mallya’s Sport Associations:
He was born to the Indian industrialist Vittal Mallya on the 8th of December 1995. Mallya originally hails from Bantwal town in Karnataka. He was educated at La Martiniere Boys’ College, Calcutta. He completed his degree from St. Xavier’s College, Calcutta under Calcutta University. He is married and has three children.
Vijay Mallya is also a very successful Indian businessman and a Minister in the Indian Parliament. Currently, he is the Chairman of the United Breweries Group and Kingfisher Airlines, which draws it’s name from Vijay Mallya’s flagship beer brand, Kingfisher.
Dr. Mallya took over as Chairman of the
United Breweries Group in 1983. Since then, the group has grown into a multi-national conglomerate of over sixty companies with an annual turnover which has increased by 439% to US$1.2 billion in 1998-1999 . The focal business areas of the group encompass alcoholic beverages, life sciences, 
engineering, agriculture, chemicals, IT, aviation and leisure. He owned McDowell Crest, which took loans in crores of rupees from the general public.
In May 2007, United Breweries Group announced the all-cash acquisition of scotch whisky maker Whyte & Mackay for 595 million pounds (approximately Rs 4,819 crore).
In 2005, Vijay Mallya established
Kingfisher Airlines. In a short span of time, Kingfisher Airlines carved a niche for itself. It was the first airline in India to operate with new
Airbus A-380 aircrafts. At present, the airline connects 32 cities within India. Kingfisher Airlines later acquired stakes in another Air Line in India and it is rumored that Vijay Mallya has plans to pick up a personal, controlling stake in US-based
Epic Aircraft manufacturing company. If it goes through then it helps Vijay Mallya to expand from operating aircraft to aircraft manufacture.
It’s not just F1 in which Vijay Mallya has gotten himself involved.
- Mallya’s flagship firm UB Group owns the
Royal Challengers Bangalore team in the
Indian Premier League. He won this team in an auction by paying US$111.6 million for the team. The Royal Challengers Bangalore team includes players like
Rahul Dravid,
Anil Kumble,
Jacques Kallis,
Shivnarine Chanderpaul,
Zaheer Khan,
Mark Boucher,
Sunil Joshi and
Dale Steyn.
After the poor performance of his team in IPL, the liquor baron said he had some players in mind but Rahul Dravid and Charu Sharma completely ignored them and went ahead with their own plan to select the players.
- His United Breweries group sponsors the East Bengal and Mohun Bagan football clubs in Kolkata-India.
- Mallya also owns the company, United Racing and Bloodstock Breeders (URBB) which has interests in horse racing. URBB runs the Kunigal stud farm, under lease from the Government of Karnataka.