From career breakthroughs to professional milestones, explore how Vijay Mallya made an impact.
Vijay Mallya is an Indian fugitive businessman and former politician wanted in India on charges of financial crimes. He faces extradition from the UK, where he has been residing. Despite legal setbacks, including the rejection of his appeals against extradition and bankruptcy, as of April 2024, Mallya continues to resist extradition through unresolved legal means.
In 1976, Vijay Mallya graduated with a Bachelor of Commerce degree (with honors) from St. Xavier's College, Kolkata.
In 1983, at the age of 28, Vijay Mallya became the chairman of United Breweries Group following his father's death.
In 1988, Vijay Mallya diversified his business interests by acquiring Berger Paints, and Best and Crompton.
In 1990, Vijay Mallya expanded his business portfolio by acquiring Mangalore Chemicals and Fertilisers.
Between 1983 and 1998, the United Breweries Group annual turnover increased by 64%.
By 1999, the annual turnover of the United Breweries Group reached US$11 billion.
In 2001, Vijay Mallya acquired The Asian Age newspaper and Cine Blitz Bollywood magazine.
In 2002, Vijay Mallya was elected to the Rajya Sabha as independent member from his home state of Karnataka, first in 2002 with the support of the Janata Dal (Secular) and Indian National Congress.
In 2003, Vijay Mallya joined the Subramanian Swamy-led Janata Party and was its National Working President until 2010.
In 2005, Vijay Mallya established Kingfisher Airlines as a major business venture.
From 2007, Vijay Mallya co-owned the Formula One team Force India.
In 2010, Vijay Mallya was elected to the Rajya Sabha as an independent member from Karnataka for the second time, with the support of the Janata Dal (Secular) and BJP.
In 2012, Vijay Mallya ceded management control of United Spirits Limited to Diageo, retaining a minority stake.
In February 2015, Vijay Mallya was forced to resign as chairman of United Spirits, contracting to receive a $75 million severance payment which was later blocked by Indian courts.
In May 2016, Vijay Mallya resigned from the Rajya Sabha, the day before the Ethics Committee was prepared to recommend his expulsion.
In August 2018, the assets of Sahara Force India were purchased by Racing Point F1 Team after Sahara Force India went into administration due to financial trouble.
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