Vijay Mallya, once celebrated as the “King of Good Times,” has experienced a dramatic financial and legal journey over the past decade. As of 2025, his net worth is estimated to be approximately $800 million, a significant decline from his peak wealth of over $1.6 billion.
Vijay Mallya: Loans and Legal Case
Beginning with United Breweries Group, Mallya built his commercial empire by expanding the company’s operations into several industries, such as real estate, aviation, and drinks. His business endeavours included owning the Royal Challengers Bangalore IPL team and starting Kingfisher Airlines. But Kingfisher Airlines’ demise due to financial mismanagement and growing indebtedness signalled the start of his legal issues.
In 2016, facing charges of financial crimes, Mallya fled to the UK. Since then, Indian authorities have been pursuing his extradition. In December 2024, Finance Minister Nirmala Sitharaman announced that the Enforcement Directorate had recovered assets worth ₹14,131.6 crore from Mallya, which were returned to public sector banks.
Mallya has contested these recoveries, claiming that banks have recovered more than double the amount owed and has sought legal relief in Indian courts.
Vijay Mallya Net Worth 2025
Despite legal setbacks, Mallya’s asset portfolio remains noteworthy:
- United Breweries Ltd.: As of March 2025, he holds an 8.08% stake, valued at approximately ₹4,367.2 crore.
- Real Estate Holdings: Properties in London, Mumbai, Bangalore, California, and New York, including a penthouse in Kingfisher Towers and a mansion in Sausalito.
- Luxury Lifestyle: Known for his opulent parties and high-profile events, Mallya’s lifestyle has been a subject of public fascination.
Vijay Mallya Podcast
In a rare and revealing conversation on Raj Shamani’s podcast Figuring Out, fugitive businessman Vijay Mallya broke his nine-year silence, offering candid insights into his life, legal troubles, and business legacy. He openly criticised India’s so-called “ease of doing business,” called it a myth, and highlighted deep-rooted bureaucratic hurdles. Mallya also issued a heartfelt apology to former Kingfisher Airlines employees and expressed willingness to return to India if guaranteed a fair trial and dignified treatment. Additionally, he reflected on the cultural impact of the iconic Kingfisher Calendar, which helped launch the careers of Bollywood stars like Deepika Padukone and Katrina Kaif. This engaging podcast offers a rare glimpse into the mind of one of India’s most controversial and talked-about business figures.
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