Monday, 7 March 2016

Once upon a time

Once upon a time a child born(December 18,1955) name VijayMallya who is the son of Vittal Mallya (businessman based in Bantwal, Bangalore) . When he was in college, he began to associate himself with family business. He then began to work as an Internet at Hoescht AG in the US. Vijay Mallya married an air hostess Samira Tyabjee, they have a son called Sidhartha Mallya born on May 7, 1987. Vijay Mallya, who is TV host, model, aspiring actor and runs a Youtube channel called Sid Sessions. Sidhartha was also dating Deepika Padukone briefly before they separated.
Vijay Mallya divorced Sameera, and in June 1993 married Rekha, who was his neighbour from childhood days. She is also a double divorcee, with a daughter from her first marriage and a son and a daughter from her second marriage. Mr. Mallya and Rekha have two daughters who are called Tanya and Leanna. The business magnate regards Rekha’s children from his previous marriages, as his own. Rekha’s daughter from her first marriage died in a car crash in London, in 2003. After his father’s death, the then 28 year old Vijay Mallya took his companies United Breweries Group to great heights, making it a multinational corporation with more than 60 companies under its wings. By 1999, UB Group was the most successful alcoholic beverage companies with an annual turnover of US $11 billion.
UB’s Kingfisher Beer is one of the best selling beer brands in the world, with more than 50 percent share in India itself, besides selling in more than 52 countries.
Vi jay Mall ya concentrated on UB Group but also acquired other businesses like Berger Paints, Compton, Malabar Chemical and Fertiliser's, the Asian Age newspaper and Cine Blitz (film and TV magazine in India).
Kingfisher Airlines was launched with much fanfare in 2005 and did great business to begin with. In 2011, it had the second largest share in domestic air-travel market.
Later in ran into financial problems and had to be closed down. By 2013, it was declared insolvent and lost its license, with employees not being paid for 15 months and owning more than $1 billion in loans. The CEO quit in 2014 and in July, the same year, the airlines was listed as the country’s top NPA (non-performing asset)
Vijay Mallya loves to successfully bid auctioned items that are of historical value to India. In 2004, he won a bid for the sword of Tipu Sultan, which was placed at £175,000 in London and brought it back to India. He also bought 30 other items of the legendary South Indian King from various auction houses in the UK. In March 2009, Mr. Mallya bid successfully for rare valuables of Mahatma Gandhi for US$1.8 million
Among many homes, the most regal property of Vijay Mallya is called ‘White House in the Sky’
The man who has lived the slogan of his brand ‘The King of Good Times’ has a collection of more than 250 cars, including luxury and vintage models.
The ‘Richard Branson of India’ owned a couple of jet planes, Boeing 727 and Gulfstream, which he has sold. Mallya still makes use of Airbus 319 CJ, which has been leased from a bank in London and a Shaw-Wallace- owned Hawker 700. Incidentally, Mr. Mallya holds a 54 per cent stake in Shaw Wallace.
He had a 95 meter long mega-yacht with a helipad. He sold it in 2011 and charters it for a month every year. He has another vintage yacht, of which he is still an owner, this one is a motor-based one created in 1906.




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