Vijay Mallya Net Worth: Vijay Mallya is an Indian business leader and former politician who is known for his flamboyant lifestyle and business skills. He has been working for many years and has built a huge business company that includes liquor, airplanes, and real estate. In this piece, we’ll look more closely at how much money Vijay Mallya has and how he makes it.
Vijay Mallya Net Worth
Vijay Mallya was not what most people think of when they think of an investor. From the way he dressed to the way he talked and lived, he was always different from Ambani, Adani, and any other top Indian businessman. Vijay used to be one of the richest people in India. This was when he had 1000s of crores in cash and land, not like now when he owes that much.
If we talked about Vijay Mallya’s net worth today, you might be shocked to hear that he still has at least 1.2 billion dollars. It is also said that the businessman had more than 7,000 crores in 2017 and could pay back all the money he owed to Indian banks. He was called the “King of Good Times” because he had so much money and spent it so freely.
Also Read:Â BCCI Net Worth, Salary, Income and Revenve
Vijay Mallya Houses
For someone with that much debt, Vijay Mallya’s house list is long. He owns a number of homes in both India and the UK. When he stayed in India, his Indian properties got a lot of attention. Since he moved to the UK, though, his foreign homes get more attention and are talked about more.
| Houses | Location | Worth |
|---|---|---|
| Napa Valley Home | Northern California, USA | Expensive |
| Trump Tower Condo | New York, USA | Expensive |
| Nettleton Road Home | Johannesburg, South Africa | Not specified |
| Cornwall Terrace Property | London, UK | Millions |
| Ladywalk Mansion | Hertfordshire, UK | Not specified |
| Sausalito House | Sausalito, California, USA | Millions |
| Cape Town Mansion | Cape Town, South Africa | Millions |
| Trump Plaza Condo | Not specified | Millions |
| Le Grande Jardin | Island of Sainte-Marguerite, France | $50 million |
Vijay Mallya Property Value
We’ve talked about some of the most well-known and well-liked Vijay Mallya properties above. Many people may find their prices to be the most shocking thing about them, but most of his homes have something else that stands out even more. The kingdom of Mallya didn’t fall all at once.
The fall began in the late 2000s and went on for a long time. But he didn’t stop living a happy life even when he was having trouble running and handling his many businesses. Instead of taking steps to fix the damage or do something else, the investor took out loans and got most of his foreign properties.
Between 2015 and 2016, he bought 330 crores worth of real estate. Aside from that, there were a lot of other reports that worse things were going on behind the scenes at the same time. This hurts his reputation even more, but it won’t hurt Vijay Mallya’s property. It’s also good news for Indian banks since the higher property prices could be a good thing if his properties are put up for auction to pay off his loans.
Also Read:Â Neeraj Chopra Net Worth in 2023 in Rupees and Income Sources
About Vijay Mallya Loans
The amount of the loan to Vijay Mallya is 9,000 crore rupees. Over the years, the amount has been given to the ex-businessman by almost 20 banks. He ran away to the UK on March 2, 2016, but it is said that Vijay had enough money or property between 2008 and 2017 to pay back his loan. But instead of trying to pay back the money, he bought more land worth millions of dollars in different countries.
Over the years, a few of Mallya’s properties have been sold at auction, which has helped bring back some of the money that was thought to be gone for good. Since the beginning of time, people have been trying to transfer Mallya and sell off more of his properties. At this point, we don’t know what will happen, but we can be sure that the Vijay Mallya loan fraud case will go on for a long time.
Vijay Mallya Cars Collection
Vijay Mallya, who lived up to the name “The King of Good Times,” has a collection of more than 250 luxury and classic cars, such as the Ferrari 1965 California Spyder, Ensign MN08, Jaguar XJ220, Jaguar XJR15 Racecar, Bentley, Mercedes-Benz 300 SL, Chevrolet Corvette, Porsche 550 Spyder, Maserati Quattroporte, Rolls Royce, and more.
Vijay Mallya Jet Planes Collection
He used to own a Boeing 727 and a Gulfstream, but he sold them both. He has also rented an Airbus 319 CJ and a Hawker 700 that belonged to Shaw-Wallace.
Vijay Mallya Yacht Collection
Mallya used to own a boat called the Indian Empress, but he sold it in 2011. It had a helipad and was 95 meters long. He also owns an old boat with a motor.
Conclusion
Vijay Mallya, an Indian business leader and former politician, has a net worth of at least 1.2 billion dollars and was once one of India’s richest people. He owned several homes in India and the UK, with his Indian properties gaining attention. However, he took out loans and bought most of his foreign properties between 2015 and 2016. The loan amount is 9,000 crore rupees, given to Mallya by almost 20 banks. He ran away to the UK in 2016, but had enough money between 2008 and 2017 to pay back his loan.
Mallya’s collection includes over 250 luxury cars, jet planes, and yachts. The Vijay Mallya loan fraud case is expected to continue for a long time.
Check our website for more updates.