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Vijay MallyaVijay Mallya(born December 18, 1955) is an Indian businessman and Rajya Sabha MP. 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.
In 2007 Mallya was ranked as the 664th richest person in the world with a net fortune of $1.5 billion. He receives substantial press coverage that focuses on his lavish parties and his yacht, the Indian Empress.
BusinessMallya 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, information technology, aviation and leisure. He owned McDowell Crest, which took loans in crores of rupees from General Public.
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 brand new aircraft. It is the first Indian airline to place orders for the Airbus A-380. At present, the airline connects 32 cities.
Air Deccan:Mallya's Kingfisher airlines has a 46% stake in Air Deccan, a low cost airline in India.allya also owns the East Bengal Football Club in Kolkata o
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