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Vijay
Mallya
Vijay Vittal Mallya (born 18 December 1955) is
an Indian businessman and politician who is the subject of an extradition effort to try to force his return from the U.K. to
India to face charges of financial crimes. The son of businessman Vittal Mallya, he is the ex-chairman of United Spirits Ltd, the largest spirits company in India and continues to
serve as Chairman of United Breweries Group, an Indian conglomerate with
interests in beverage alcohol, aviation infrastructure, real estate and
fertiliser among others. He has been the Chairman of Sanofi India (previously known as Hoechst AG and Aventis) as well as the Chairman of Bayer CropScience in India for over 20 years,
in addition to being the Chairman of several other companies.
Childhood & Early Life
· Mallya was born the son of Vittal Mallya, a Goud Saraswat Brahmin from Bantwal, Karnataka and Lalitha Ramaiah. Vittal Mallya was the
Chairman of United Breweries Group. Vijay Mallya was educated
at La Martinière Calcutta, where he was appointed House
Captain of Hastings house in his final year, and at St. Xavier's College,
Kolkata, where he graduated with a Bachelor of Commerce degree (with honours) in
1976. While in college, Mallya interned in his family's businesses. After
graduating, he interned at the American part of Hoechst AG in the United States.
· In 1986, he met and married
Sameera Tyabjee, an air hostess of Air India. They have one son, Siddharth Mallya, who was born on 7 May
1987. They were divorced shortly afterwards, although Mallya has stated in
interviews that he has a "great relationship" with his first wife.
· In June 1993, Mallya married
his current wife Rekha, whom he had known since childhood, and together they
have two daughters, Leanna and Tanya. Rekha was previously married twice,
and also has a daughter and son, Leila and Kabir, from a previous marriage.
· Although generally characterized
as having an extravagant lifestyle, Mallya was reported in 2005 to be someone
who prays every day and conducts the entire 42-day Sabarimala fast every year while wearing only black
clothing, and to be a devout follower of Sri Sri
Ravi Shankar and the Art of Living Foundation.
Career
·
Mallya became the Chairman of United Breweries Group in 1983 at the age of 28,
following his father's death. Since then, the group has grown into a
multi-national conglomerate of over 60 companies, with an annual turnover which
increased by 64% over 15 years to US$11 billion in 1998–1999. He consolidated
the various companies under an umbrella group called the "UB Group", spun off non-core and
loss-making businesses and focused on the core business of alcoholic beverages.
·
Kingfisher Airlines, established in 2005, was a major
business venture launched by Mallya. It eventually became insolvent and
had to be closed down. As of October 2013, it had not paid salaries to its
employees for 15 months, had lost its licence to operate as an airline, and
owed more than US$1 billion in bank loans. By November 2015 the amount
owed to the banks had grown to at least $1.35 billion, and there were other
debts owed for taxes and to numerous small creditors.
Major
Works
· Previously
a member of the Akhila
Bharata Janata Dal, Mallya joined the Subramanian Swamy-led Janata Party in 2003 and was its National
Working President until 2010.
· He was
elected to the Rajya Sabha in 2002 as an independent
member from his home state of Karnataka with the support of the Congress party
and Janata Dal
(Secular). In 2010, he was re-elected for a second term, this
time with the backing of the Bharatiya
Janata Party (BJP) and the JD(S).
Awards
& Achievements
·
Honorary
degree of Doctorate of Philosophy in Business Administration, by the Southern
California University for Professional Studies (1997).
·
"Officier
de la Légion d'Honneur", a high award of recognition in France.
·
"Global
leader for tomorrow", World Economic Forum.
·
"Entrepreneur
of the Year" award at The
Asian Awards (2010).
Personal
Life & Legacy
·
Mallya adopted Rekha's daughter Leila. On the subject of
raising his children, Mallya said "My children are very dear to me. I am
responsible as a father to play an active role in determining their
future." However, he also said "I wasn't a hands-on father. I hired
good nannies for my children and left it to their expertise." In contrast
with Vijay Mallya's flamboyant lifestyle, his wife Rekha has maintained a
relatively private personal life and has said she just prefers to spend her
time with her daughters.
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Mob : +91 - 99633 34337
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