Wednesday, August 4, 2010

Vijay Mallya


Born on 18 December 1955 Vijay Mallya is a well known businessman all over the world today! The son of industrialist Vittal 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.

Vijay Mallya was born in a Konkani Gaud Saraswat Brahmin family originally from the town of Bantwal in Karnataka. He is the son of Vittal Mallya and Lalitha Ramaiah. He was educated at La Martiniere Boys' College, Kolkata and completed his degree at St. Xavier's College, Calcutta under Calcutta University. He was awarded an honorary Doctorate in Business Administration by the California Southern University. Across the world, Vijay Mallya currently has 26 belongings. His favorite home is built on an area of 11000 sq. feet in Sausalito, California, USA, other than this he has castle in Scotland, homes in Monaco, Trump Plaza in New York City, the Northern California region of Napa Valley, South Africa and five in Indian cities New Delhi, Bombay, Bangalore.

Mallya has an estimated net worth of $1.0 billion He receives substantial press coverage that focuses on his lavish parties, villas, automobiles, Force India, Royal Challengers Bangalore , and his yacht, the Indian Empress. He also owns the Formula One team Force India, the Indian Premiere League team Royal Challengers Bangalore, and the I-League team East Bengal FC.

In 2005, Mallya established Kingfisher Airlines. 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 Kingfisher Red. Vijay Mallya and his Jet Airways counterpart Naresh Goyal announced an alliance after a marathon meeting on 13 October 2008 at Mumbai, India.

Other than his business Mr. Vijay Mallya has established Mallya Hospital in Bangalore. The hospital is located in Vittal Mallya Road, named after his father. He also helped to fund the Mallya Aditi International School, a private school in Bangalore. The greatest achievement is that he brought back, Indian’s historical treasure Tipu Sultan’s sword successfully, by bidding for the sword at an auction in London in 2004. He commenced the development of real estate UB city in Bangalore, the project concentrate on corporate offices, retail and service apartments. He was conferred a Doctorate of Philosophy in Business Administration, by the Southern California University, Irvine. He has also been nominated as a Global Leader for Tomorrow by the World Economic Forum.

Vijay Mallya has other interests too apart from business. He has won trophies in professional car racing circuits and is a keen yachtsman and aviator. He has also won numerous trophies in horse racing including several prestigious Derbies.
A gem of a person, sharp businness man with a keen eye on his goal & a man with true sportsmen spirit - Vijay Mallya.

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