Dr. Vijay Mallya was born on 18 Dec. 1955, is an Indian alcohol, airline and sports team businessman and former Rajya Sabha MP. He is 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.
He also owns the Formula One team Force India, the Indian Premier League team Bangalore Royal Challengers, and the I-League team East Bengal FC
Personal life
Mallya is originally from the town of Bantwal (near Mangalore) in Karnataka. He was educated at La Martiniere Boys' College, Kolkata and completed his degree from St. Xavier's College, Calcutta under Calcutta University. He was conferred a Doctorate in Business Administration by the University of Southern California USC.
Mallya is married twice. His first wife was Sameera and they have a son together, named Sidhartha Vijay Mallya. Later on, he married Rekha and has two daughters Leana Mallya, Tanya Mallya.
BUSINESS
Breweries
Mallya took over as Chairman of the United Breweries Group in 1984. Since then, the group has grown into a multi-national conglomerate of over sixty companies with an annual turnover which has increased by only 63.9% in 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. He owned McDowell Crest.
In May 2007, United Breweries Group announced the all-cash acquisition of scotch whisky maker Whyte & Mackay for £595 million (approximately Rs 6000 crore). In 2005 he took over Millennium Breweries Ltd (formerly known as Inertia Industries Ltd), which owned the two premium beer brands named Sandpiper and Zingaro.
Airlines
In 2005, Vijay 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 integrated into his Kingfisher fleet, rebranding it 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
Investment in sports
Formula One
In 2007, Mallya and the Mol family from The Netherlands bought the Spyker F1 team for 88 million euros.[7] The team changed its name to Force India F1 from the 2008 Season.[8] 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
Football
Mallya's United Breweries sponsors the East Bengal and Mohun Bagan football clubs in Kolkata.
He also was part of the consortium that acquired Queens Park Rangers FC, as part of the Bernie Ecclestone, Flavio Briatore and Lakshmi Mittal.
Cricket
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, Kevin Pietersen, Jacques Kallis, Shivnarine Chanderpaul, Robin Uthappa, Mark Boucher, Sunil Joshi, Misbah-ul-Haq, Ross Taylor and Dale Steyn
Horse racing
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.
Political career
Mallya entered politics in 2000 and replaced Subramanian Swamy as the president of the Janata Party, a breakaway faction of the original Janata Dal 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
Auction purchases
Vijay Mallya is noted for his successful bidding in auction of items that are considered of great cultural value to India. 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.[13] 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.
Achievements
Establishment of Mallya Hospital in Bangalore. The hospital is located in Vittal Mallya Road, named after his father.
Helped to fund the Mallya Aditi International School, a private school in Bangalore
He also owns the Formula One team Force India, the Indian Premier League team Bangalore Royal Challengers, and the I-League team East Bengal FC
Personal life
Mallya is originally from the town of Bantwal (near Mangalore) in Karnataka. He was educated at La Martiniere Boys' College, Kolkata and completed his degree from St. Xavier's College, Calcutta under Calcutta University. He was conferred a Doctorate in Business Administration by the University of Southern California USC.
Mallya is married twice. His first wife was Sameera and they have a son together, named Sidhartha Vijay Mallya. Later on, he married Rekha and has two daughters Leana Mallya, Tanya Mallya.
BUSINESS
Breweries
Mallya took over as Chairman of the United Breweries Group in 1984. Since then, the group has grown into a multi-national conglomerate of over sixty companies with an annual turnover which has increased by only 63.9% in 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. He owned McDowell Crest.
In May 2007, United Breweries Group announced the all-cash acquisition of scotch whisky maker Whyte & Mackay for £595 million (approximately Rs 6000 crore). In 2005 he took over Millennium Breweries Ltd (formerly known as Inertia Industries Ltd), which owned the two premium beer brands named Sandpiper and Zingaro.
Airlines
In 2005, Vijay 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 integrated into his Kingfisher fleet, rebranding it 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
Investment in sports
Formula One
In 2007, Mallya and the Mol family from The Netherlands bought the Spyker F1 team for 88 million euros.[7] The team changed its name to Force India F1 from the 2008 Season.[8] 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
Football
Mallya's United Breweries sponsors the East Bengal and Mohun Bagan football clubs in Kolkata.
He also was part of the consortium that acquired Queens Park Rangers FC, as part of the Bernie Ecclestone, Flavio Briatore and Lakshmi Mittal.
Cricket
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, Kevin Pietersen, Jacques Kallis, Shivnarine Chanderpaul, Robin Uthappa, Mark Boucher, Sunil Joshi, Misbah-ul-Haq, Ross Taylor and Dale Steyn
Horse racing
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.
Political career
Mallya entered politics in 2000 and replaced Subramanian Swamy as the president of the Janata Party, a breakaway faction of the original Janata Dal 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
Auction purchases
Vijay Mallya is noted for his successful bidding in auction of items that are considered of great cultural value to India. 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.[13] 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.
Achievements
Establishment of Mallya Hospital in Bangalore. The hospital is located in Vittal Mallya Road, named after his father.
Helped to fund the Mallya Aditi International School, a private school in Bangalore
Really its a great history and very nice to see.Thanks for sharing the information with us.
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