yacht vijay mallya worth

Vijay Mallya Net Worth: Assets, Income, Houses, Cars, Jet Planes & More

The flamboyant and controversial businessman of India, Vijay Mallya is counted among the top business tycoons in India. Although he remains in the news mostly for charges of financial crimes, his net worth, and assets are also the things that attract the attention of the people. Here’s a detailed information about the Net Worth and Assets of Vijay Mallya, once called the “King of Good Times:”

Vijay Mallya- Net Worth

Once a billionaire, Vijay Mallya dropped from Forbes’s illustrious list of billionaires, following the debacle of Kingfisher Airlines. Once having a Net Worth of $1.1 billion in 2011, he dropped to $800 million in 2013. When Forbes dropped him from the list of billionaires, Vijay Mallya tweeted: “Thanks to the Almighty that Forbes has removed me from the so-called billionaires’ list… less jealousy, less frenzy and wrongful attacks.”

Vijay Mallya- House & Other Properties

Vijay Mallya’s most regal property is ‘White House in the Sky,’ which is a penthouse on the 32nd and 33rd floor of Kingfisher Towers in UB City, Bangalore. The Tower has 82 houses, out of which 72 are given to others, while 10 of them are retained for his family members.

Mallya’s another stunning piece of property is a huge mansion in Sausalito, in France that overlooks the Bay Bridge. There, his neighbours include Tiger Woods and Williams Sisters ( Serena and Venus). When he bought the house in 1984, it worth $1.2 million.

Vijay Mallya also owns a plum penthouse apartment in Trump Towers, New York for $2.4 million.

Mallya has a sprawling home in Nettleton Road in South Africa that overlooks Clifton Beach.

In India, ‘Kingfisher Villa’ in Goa was a huge holiday home of Vijay Mallya. The villa worth ₹90 crore was seized by the Indian Government in 2017.

He also owns a few castles in Scotland and farmhouses in London.

Vijay Mallya- Islands

The flamboyant liquor baron owns the island of Sainte- Marguerite, located a few miles off the French Riviera, in Cannes. The island is considered one of the largest ‘Lerin Islands.’

He also owns the Mabula Game Lodge in South Africa, which is spread across the lush of 12,000 hectares of land.

An Island in Monte Carlo, which is spread across 800 acres, also belongs to Vijay Mallya.

Vijay Mallya- Cars Collection

Vijay Mallya, who actually lived the title of ‘The King of Good Times’ has a collection of more than 250 luxury and vintage cars including 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

He owned a couple of jet planes- Boeing 727 and Gulfstream, both have been sold. He has also leased Airbus 319 CJ and a Shaw-Wallace- owned Hawker 700.

Vijay Mallya- Yacht

Mallya owned a yacht called the Indian Empress, which was sold in 2011. It was a 95-meter long mega-yacht with a helipad. He also owns a motor-based vintage yacht.

Vijay Mallya- Income

According to sources, the estimated annual income of Vijay Mallya is $12 million (₹74 crore).

Vijay Mallya- Sports Ventures

His love for sports is no more a secret. Besides being an owner of the Indian Premier League (IPL) team Royal Challengers Bangalore, East Bengal F.C and Mohan Bagan A.C, he is also the co-owner of Formula 1 team called Sahara Force India.

For a detailed profile of Vijay Mallya, click here :

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Islands, castles, stud farm, vintage cars: How rich is Vijay Mallya?

Mallya’s personal wealth, like most high net worth individuals is a subject for speculation – for most part at least. what is known for sure is that his holdings in the united breweries (ub) group, of which he is still the chairman, is now valued in the region of rs 1750 crore..

In his life as a businessman that has spanned nearly four decades, two things were never in short supply for Vijay Mallya – money and drama, mostly in equal measure. But lately, the 60-year old former Forbes billionaire seems to have attracted more of the latter.

Earlier this week, the State Bank of India (SBI), principal lender to the now defunct Kingfisher Airlines, approached the Debt Recovery Tribunal for the arrest of Mallya and seizure of his passport. Along with SBI, 17 state-owned banks are owed a sum in excess of Rs 7000 crore by the grounded airlines.

Read more: SBI wants Vijay Mallya arrested, passport impounded

As pressure is mounting on the Modi-government to clean up banks’ balance sheets carrying bad assets, estimated to be around Rs 3.5 lakh crore, large banks like SBI are left with little choice but to train their guns on big borrowers like Mallya.

So how much is the man really worth?

This is truly a billion dollar question and answers are not easy to come by.

Mallya’s personal wealth, like most high net worth individuals is a subject for speculation – for most part at least. What is known for sure is that his holdings in the United Breweries (UB) Group, of which he is still the chairman, is now valued in the region of Rs 1750 crore, which is mostly his 8 per cent holding in beer maker United Breweries Ltd.

Shares in listed companies in India are only a part of the man’s earthly possessions. During his heydays, he collected properties across the world including private islands, prime real estate in Europe and US aside from in India, over 250 luxury and vintage cars, and articles of historical significance like the Sword of Tipu Sultan (£175,000 in 2004) and Mahatma Gandhi’s spectacles ($1.8 million in 2009).

Read more: Vijay Mallya walks away with $75mn: Here’s how he lost his empire

The most reliable data on Mallya’s wealth is the annual list of the super rich collected by Forbes magazine. This data though is available only up to 2012; Mallya was dropped off the list that year onwards as his personal wealth fell below the mandatory billion dollar threshold. From his peak in 2007, when Forbes estimated Mallya’s personal worth at $1.6 billion, it dropped to less than $800 million in 2012. This was also the year when Kingfisher Airlines was grounded due to mounting financial pressure.

At the time, Mallya was reported to have said, “Thanks to the Almighty that Forbes has removed me from the so-called billionaires list... less jealousy, less frenzy and wrongful attacks.” But while his wealth may have eroded significantly, his defiance remains intact. In a recent interview with PTI , he said: “I have no regrets as such. Perhaps the only regret is that Kingfisher Airlines is not flying today when the oil price is so low.”

Mallya’s strongest assets remain to be his real estate holdings across the world. He has bought and continues to own properties in Europe, US and across India, including castles, private islands and luxury properties (see table).

His most recent deal, the UK liquor company Diageo’s buyout of the crown jewel of UB Group – United Spirits, will make Mallya Rs 515 crore richer ($75 million) over the next five years. The deal is now being challenged by banks and other investors, who believe they have the right of first claim on this for the money owed to them by Mallya.

In keeping with his love for sports, one of Mallya’s most valuable possession in India is the 400 acre Kunigal Stud Farm in Karnataka. However, its value (with the horses) could not be ascertained.

Read more: Deal with Diageo ends Mallya’s sporting interests as well

Though not in his personal capacity, Mallya also counted Indian Premier League cricket team Royal Challengers Bangalore (RCB) and a substantial stake in Sahara Force One F1 team among his prized processions. But since the Diageo deal with United Spirits, he has lost control over both these teams. RCB is controlled by USL (in which Diageo holds controlling interest) and the control over Watson Ltd, the UK-based company that owns the F1 team has also shifted to Diageo. The loss of control over Watson was a result of a $135 million loan deal with Standard Chartered Bank for which Diageo stood as a guarantor, which was subsequently defaulted in May 2015 after the loan matured.

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Vijay Mallya’s luxury yacht impounded in Malta

The businessman has not paid more than $1 million in wages to the crew of the ‘indian empress’..

A London-based maritime trade union impounded businessman Vijay Mallya’s luxury yacht worth $95 million (Rs 617 crore) in Malta on Tuesday for not paying more than $1 million (Rs 6.49 crore) in wages to the crew, the Hindustan Times reported.

Mallya had abandoned the yacht, named the ‘Indian Empress’, in September 2017, said Nautilus International, adding that it was attempting to recover an additional $3,30,000 (Rs 2.14 crore) in unpaid wages on behalf of its members.

“Our members on board gave their employer and the ship owner multiple opportunities to pay monthly wages, displaying a loyalty and restraint greater than many would show in such situations,” The Guardian quoted Danny McGowan, Nautilus International’s strategic organiser, as saying. “These opportunities were regularly ignored by the owner, leaving us with no option but to take the case to the courts.”

Nautilus’s Legal Director Charles Boyle said crew members working on such luxury yachts often experience “exploitation and abuse”, and that is why the union had become involved in this case.

Mallya, who is facing extradition proceedings at the moment for allegedly cheating Indian banks of Rs 9,000 crore, was arrested in London in 2017 but is on bail until April 2. The case will be next heard in the Westminster Magistrates Court in London on March 16.

• Vijay Mallya
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Uk court orders sale of force india yacht linked to vijay mallya.

A consortium of Indian banks, led by State Bank of India, are likely to be among those claimants as they pursue a separate bankruptcy order against Mallya over unpaid loans related to his now-defunct Kingfisher Airlines. Mallya, meanwhile, remains on bail on a warrant executed by Scotland Yard in April 2017 pending a High Court appeal next month against him.

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Vijay Mallya: From F1 boss and India's 'King of Good Times' to fugitive in the UK

Vijay Mallya was once a celebrated figure in F1, but his legacy has become shrouded in controversy.

Born on December 18, 1955, in Kolkata, India, Mallya is a former businessman and politician and the ex-owner of India's only F1 team, Force India.

Mallya was once known as the "King of Good Times" for his flamboyant lifestyle, which included yachts, private jets, vintage cars, stud farms, and a luxurious $20 million mansion on top of a skyscraper in Bengaluru , which is a two-storey replica of the White House.

He was also known for hosting celebrity parties on his 311-foot superyacht, the Indian Empress, during the Monaco Grand Prix.

But his reputation has been marred by ongoing legal battles with Indian authorities, and he is currently a fugitive in the United Kingdom.

So, how did one of India's prominent businessmen become one of the most-wanted fugitives in the country? Let's find out.

Vijay Mallya's business career

Mallya was the heir to his father Vittal Mallya's vast business empire.

At the age of 28, after the death of his father, Vijay took over the reins of United Breweries Group, an Indian conglomerate with diversified interests in beverage alcohol, aviation infrastructure, real estate and fertilisers.

Over the years, Mallya held several high-profile positions in many companies. He served as the chairman of United Spirits, the largest spirits company in India, as well as Sanofi India (formerly known as Hoechst AG and Aventis) and Bayer CropScience.

Mallya was also the chairman of Kingfisher Airlines, a premium airline launched on his son Siddharth's 18th birthday. The company quickly gained popularity and became the second largest domestic carrier in the country.

The Indian billionaire also dipped his toes in chemicals, paints, and publishing, acquiring The Asian Age newspaper and Bollywood film magazine Cine Blitz.

While navigating the world of business, Mallya also ventured into politics, serving two terms in India's upper house, the Rajya Sabha, before resigning in 2016 amidst allegations of wrongdoing.

Mallya was also involved in sports in a big way. He was the chairman of the Premier League cricket team Royal Challengers Bangalore as well as the Force India F1 team.

Vijay Mallya in F1 with Force India

Ahead of the 2008 F1 season, Vijay Mallya and Dutch businessman Michiel Mol made headlines after buying the struggling Spyker F1 team for €88 million. The team was renamed Force India and became the first-ever Indian outfit to participate in the prestigious F1 world championship.

Giancarlo Fisichella and Adrian Sutil were the first drivers to race for the Indian team, but they failed to score a point in the team's debut season in F1.

For 29 races, Force India struggled to make a mark on the grid until Fisichella clinched second place at the 2009 Belgian Grand Prix having taken the team's sensational first pole position on the same weekend.

The team gradually began to climb the constructors' rankings in the following seasons, finishing seventh or higher. However, it was in 2016 that the team achieved its best result when Sergio Perez and Nico Hulkenberg brought Sahara Force India up to fourth place with a total of 173 points, finishing ahead of renowned teams like Williams and McLaren .

In 2017, the team repeated the feat, finishing fourth once again - this time with 187 points.

However, the Indian outfit's fortunes took a sharp turn in 2018 when Mallya faced a legal case, leading the team to be put into administration in London’s High Court.

The team's assets were then bought by Canadian billionaire Lawrence Stroll, who rebranded the team as Racing Point Force India.

The team went through another name change, becoming Racing Point, before becoming Aston Martin in 2021.

Over the years, Force India has boasted some of the sport's biggest names, including Perez, Esteban Ocon , Paul di Resta, and Hulkenberg.

The team scored a total of 1,039 points, secured one pole position, five fastest laps, and six podiums from 2008 to 2018.

Vijay Mallya legal case

Kingfisher Airlines, which was one of Force India's major sponsors, turned into Mallya's Achilles' heel.

In 2012, the airline was grounded due to a crippling debt burden which ultimately made it impossible to continue operations. The financial situation was so dire that even employees went unpaid for over a year.

The company struggled to repay the loans that Mallya sought from banks, although, according to reports, the Central Bureau of Investigation (CBI) has stated that Mallya had enough money between 2008 and 2017 to repay the loans.

It is also believed that during the same period when his airline was going through a financial crisis, Mallya bought properties in England and France and transferred money to his children's trusts in Switzerland.

In 2016, the situation escalated as public-sector banks declared Mallya a "wilful defaulter."

In March 2016, the Enforcement Directorate of India filed a money laundering case against Mallya for sending millions of dollars abroad. Around the same time, the banks approached the Supreme Court to prevent his departure from the country.

However, he had already left India for the United Kingdom, leaving behind debts exceeding $1 billion.

Since then, he has remained in the UK while the Indian government attempts to extradite him to face charges of fraud and money laundering.

In January 2019, Mallya was declared a fugitive economic offender under the Fugitive Economic Offenders Act, while the Indian fugitive continued to deny all allegations, saying that he is a victim of 'witch-hunt'.

Vijay Mallya FAQs

Where is vijay mallya now.

Mallya is believed to be residing in the United Kingdom.

Does Vijay Mallya still own Force India?

No, Vijay Mallya no longer owns Force India. In 2018, a consortium of investors led by Lawrence Stroll acquired the F1 team, which was renamed Racing Point Force India. The team rebranded again in 2021, becoming the Aston Martin Aramco Cognizant Formula One Team.

What is Vijay Mallya's net worth?

Mallya's net worth is unclear due to ongoing legal issues.

How old is Vijay Mallya?

As of today, Vijay Mallya is 68 years old.

READ MORE: White House in the Sky: A look at former F1 boss Vijay Mallya's $20 million mansion

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Vijay Mallya: The Complete History and Downfall of Kingfisher Founder

Anik Banerjee

Vijay Vittal Mallya, popularly known as Vijay Mallya, is an Indian businessman and an ex-Member of Parliament (Rajya Sabha). He was born in Kolkata, on 18 December 1955. He can be commonly recalled as the former owner of the IPL cricket team of Royal Challengers Bangalore and the former owner of Kingfisher Airlines.

Furthermore, he is also the ex-chairman of the biggest spirits manufacturing company in India, United Spirits. Mallya still retains his post as the chairman of United Breweries Group.

He is also the face of one of the biggest financial scandals in India and is a subject of extradition efforts by the Indian Government. Let's understand the complete story of Vijay Mallya.

Vijay Mallya - Biography Vijay Mallya - Latest News Vijay Mallya - Family Vijay Mallya - Education Vijay Mallya - History Vijay Mallya - When and How Did the Bubble Burst? How Banks Gave the Loan to Kingfisher?

Vijay Mallya - Biography

Vijay mallya - latest news.

Indian banks led by the State Bank of India plan to sell Vijay Mallya’s share of United Breweries worth Rs 5,500 crores. The banks , which had initially granted loans of huge sums of money to the fugitive, have already filed to recover some of it in the Debt Recovery Tribunal. This has been finally ruled in the favor of the banks after being initially opposed.

Vijay Mallya - Family

Vijay Mallya was born to an affluent business family as a son of the former chairman of the United Breweries Group, Vittal Mallya and Lalitha Ramaiah. Soon after his father’s death, Mallya succeeded his father to become the chairman of the United Breweries Group at the early age of 28.

Vijay Mallya married Sameera Sharma, an air hostess of Air India, in 1986, and their first son, Siddharth Mallya was born on May 7, 1987. However, his first marriage didn’t last long, and soon after they were divorced, Mallya married Rekha Mallya, who is his present wife, in June 1993. He adopted Rekha’s daughter, Leila during the time of his marriage and also has two daughters from his present wife, Leanne, and Tanya.

Vijay Mallya - Education

Mallya spent his school and college days in Kolkata. He was a student of La Martinière Calcutta , where he was appointed House Captain of Hastings house in the final year, following which, he went on to be admitted to St. Xavier's College, Kolkata, where he graduated with an Honours in the Bachelor of Commerce degree in 1976.

He interned in his family’s businesses during his college days. Post-graduation, Mallya flew to the United States and joined as an intern at the American part of Hoechst AG.

Vijay Mallya - History

Though Vijay Mallya was born to humble parents, he never decided to settle for a quiet life like his father. He had soaring ambitions and a desire to exceed them. His journey started with United Breweries , which was already an MNC business conglomerate, comprising over 60 companies.

As soon as he joined the business, he worked hard to grow the business and managed to increase the overall turnover by around 64% , reaching US $ 11 billion in 1998-1999. He was already living a lifestyle of that of kings, being dubbed as the “King of Good Times” that eventually became the tagline of Kingfisher.

In the year 2005, Mallya launched his new airline company , Kingfisher Airlines to further diversify his business, which later on became the cause of his downfall .

Vijay Mallya - When and How Did the Bubble Burst?

Within a relatively short span of time, Vijay Mallya got what he aimed for but continued to dream bigger. Kingfisher Airlines was launched at the peak of his career when he was already living a lifestyle that most people cannot even dream of but after a brief spell of success and with skying debts, it was finally shut down in 2012 .

Vijay Mallya’s success didn’t seem to last long not because of his ambitious dreams but due to his dishonest ways to achieve the same.

Kingfisher Airlines was a business built on a platform of losses , and as a result of which it has echoed losses ever since it was launched. Intending to overcome the financial burdens, which started to weigh heavy by then, Mallya decided to fly overseas. However, according to the rules, an airline company needs to run its local operations successfully before it can look forward to flying internationally.

Here, Mallya planned to rush things by acquiring another low-cost airline company, Air Deccan by paying over the odds but this viciously backfired Mallya, catalyzed by the rising loans and catapulted by the economic downturn of 2008 and 2009.

At the end of 2009, Kingfisher Airlines was already due for a massive sum of Rs 7,000 crores , a major part of which was siphoned by Mallya as loans from 17 Indian banks allegedly to shell companies in Britain, Switzerland, and Ireland. Furthermore, he also left staff underpaid and even unpaid when he couldn’t meet the due amount. Kingfisher Airlines finally crashed in 2012 with the aircraft seized.

How Banks Gave the Loan to Kingfisher?

Banks give loans based on the collateral of the same amount given in the loan. But these banks gave loans to Vijay Mallya on items like office stationery, boarding pass printers, folding chairs, computer screens, and wood tables as collateral. The bank’s willingness to provide loans based on current assets as capital created suspicions on the bank officials who passed their loans .

Also, the loans given by SBI were on the trademarks and Goodwill of Kingfisher airlines kept as collateral. SBI chairman OP Bhatt was involved in providing such fraud loans to him.

Banks lost their money because of the officials who granted and processed the loans, without checking all the collaterals and taking securities that were to be followed as per rules and regulations. They came under the pressure of their seniors who were bribed by Vijay Mallya. Also, he took the help of his political connections to process such big loans.

The loans taken on the name of Kingfisher Airlines and UB group weren’t used for its actual cause. Banks never knew that the loans taken by Vijay Mallya were laundered overseas to various tax havens. All this was done with the help of shell companies.

Mallya would have the bank loans moved to these shell firms, which were set up with sham directors for this reason. These companies did not have any source of income and weren’t active at all. The loans taken were only to further his agenda. The directors placed in the shell companies would act according to the command of Mallya. The money was transferred to seven different countries including the United Kingdom, the United States, Ireland, Switzerland, France, and South Africa .

Furthermore, Vijay Mallya diverted the money he got from the loans to fund his IPL team Royal Challengers Bangalore. He bought the most expensive IPL team RCB at INR 476 Crore with the money of public sector banks. Around 77 payments were done by the SBI bank account of Kingfisher Airlines to the IPL Vendors. He had spent massive amounts lavishly over cricketers from the borrowed money of the banks.

At first, this case seemed similar to those in businessmen getting unlucky. But a closer look reveals this is was a case of smart money laundering . As our Indian banking sector is still developing, there are many loopholes in the system. People like Vijay Mallya took the advantage of such loopholes and made their unhealthy marks on the economic system.

Here is a list of how much loan was taken from each bank:

The government of India despite its repeated attempts for extradition, is yet to arrest him from the UK , where he has fled post the issuance of the warrants against him.

“The evil that men do lives after them; the good is often interred with their bones.”

The Fugitive Economic Offenders Act was rolled out by the Indian government in 2018 and by this act, Vijay Mallya was labelled as the first fugitive economic offender of the nation. He is now remembered by the same.

How much bank money does Vijay Mallya owe?

Vijay Mallya fled India and moved to London in March 2016 while he owed Indian banks more than Rs 9,000 crore.

When did Mallya leave India?

He left India in March 2016 under the pretext of personal reasons and defrauded at least 17 Indian banks.

What is the full name of Vijay Mallya?

The full name of Vijay Mallya is Vijay Vittal Mallya.

What is the birthplace of Vijay Mallya ?

Vijay Mallya was born on 18 December 1955 in Kolkata.

How many children does Vijay Mallya have?

Vijay Mallya has 4 children, Siddharth Mallya, Laila Mallya, Tanya Mallya, Leanna Mallya.

From which state Vijay Mallya belongs?

The home state of Vijay Mallya is Karnataka.

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Vijay mallya net worth.

What is Vijay Mallya’s net worth? 

Net Worth: $1.2 Billion Age: 67 Born: December 18, 1955 Gender: Male Height: 1.75 m (5 ft 9 in) Country of Origin: India Source of Wealth: Businessman Last Updated: March 8, 2023

Table of Contents

 Introduction   

Vijay Mallya is an Indian businessman.

Mallya is a former member of Parliament. He is the subject of an extradition effort by the Indian Government to return him from the UK to face charges of financial crimes in India.

He is the former owner of the Royal Challengers Bangalore cricket team. 

As of May 2024, Vijay Mallya’s net worth is estimated to be roughly $1.2 Billion. 

Early Life 

Vijay Vittal Mallya was born on the 18th of December, 1955, in Kolkata, India.

Mallya is the son of Vittal Mallya and Lalitha Ramaiah. He 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. 

In 1986, Mallya married Sameera Sharma. They have one son, Siddharth Mallya, who was born in 1987. They have divorced shortly afterward.

Career 

In 1983, Mallya became Chairman of United Breweries Group when his father passed away. Today, the group consists of more than 60 companies. The companies were consolidated under the name UB Group.

All through the 80s and the 90s, he received great success and fame. He soon became one of the most talked-about businessmen in India.

United includes India’s best beer Kingfisher. United Spirits has sold 100 million cases and became the second-largest spirits company in the world. 

In 2007, he was part of a group that purchased the Formula One racing team Spyker. The team named changed to Force India F1 and then Sahara Force India. He has had a career in politics and is an Independent MP. 

In 2012, he ceded management control of the company. Today, he is the chairman of United National Breweries. Aside from alcohol, the group of companies focuses on life sciences, agriculture, chemicals, engineering, aviation, and information technology.

Mallya was forced to step down from the post of chairman of United Spirits with a cheque of $75 million. The payment has been blocked by Indian courts.

More Indian Billionaires:

• Pallonji Mistry Net Worth
• Uday Kotak Net Worth
• Mukesh Ambani Net Worth

How Does Vijay Mallya Spend His Money?

Vijay Mallya spends some of his money on real estate and lavish cars. 

Vijay Mallya’s Home 

Bangalore in India is home to one of the most luxurious and over-the-top luxury mansions ever built in the world. Mallya built his own white house on top of the skyscraper. 

Vijay Mallya’s Cars 

Mallya’s car collection includes Rolls-Royce Ghost, a Range Rover, and a Mercedes AMG S65. He also owns his own private jet, which can cost a fortune. 

Here are some of the best highlights of Vijay Mallya’s career:

• Former owner of the Royal Challengers Bangalore cricket team
• United Spirits Ltd.

Favorite Quotes from Vijay Mallya

“My father was very clear; I had to have an ordinary upbringing. Put to work as a lowly-paid trainee after college. I didn’t like it at the time, but I can’t help but feel that that was probably the best thing for me.” – Vijay Mallya

“At age 26, I was chairman of UB Group but living like a 26-year-old. I lived my age. Which youngster doesn’t like a Ferrari? Which youngster doesn’t like a good time?… but my contemporaries were R. S. Goenka and Dhirubhai Ambani, captains of the industry but twice my age. You wouldn’t necessarily expect them to be driving around in Ferraris.” – Vijay Mallya

“Everybody keeps saying that India’s a poor country. Yes, we have poverty. But I blame the government of India, the political establishment, for their failure to educate and therefore their failure to control the poverty.” – Vijay Mallya

“We have registered a company in the name of Kingfisher International in the US. We will be flying to India and other international destinations, provided we get all necessary approvals at the right time.” – Vijay Mallya 

“For the first time, we will be able to offer direct non-stop services between India and the USA, and these aircraft will have a unique configuration giving passengers extra space and comfort on their long flights.” – Vijay Mallya 

“I run my own world because I very firmly believe that my destiny, my future, is in my hands, and I don’t want to blame anybody else for the path that I take.” – Vijay Mallya 

3 Awesome Lessons from Vijay Mallya

Now that you know all about Vijay Mallya’s net worth and how he achieved success; let’s take a look at some of the lessons we can learn from him: 

1. Work hard

Mallya works hard, and he plays hard, too. There is nothing wrong with that.

2. Live the Life You Want To Live 

Vijay lives the way he wants to live, and he doesn’t comment on how other people live. 

3. Challenges 

Challenge is something you need to move on and not be afraid of. 

Frequently Asked Questions

How much is vijay mallya worth.

Vijay Mallya’s net worth is estimated to be $1.2 Billion.  

How old is Vijay Mallya?

Vijay Mallya was born on December 18, 1955, and is currently 68 years old.  

How tall is Vijay Mallya?

Vijay Mallya’s height is 1.75 m, which is equal to 5 ft 9 in.  

Vijay Mallya is an Indian businessman and politician. Mallya was born in Kolkata, India.

He graduated from St. Xavier’s College, Calcutta. After graduating, he interned at Hoechst AG in the United States. Known as the “King of Good Times,” Mallya is known for his extravagant lifestyle. He is the chairman of the ‘United Breweries Group’. 

What do you think about Vijay Mallya’s net worth? Leave a comment below. 

John Oates Net Worth

Jon Heder Net Worth

John is a professional accountant with a passion for writing. When not helping clients identify tax and financial opportunities, you can find him writing, sailing offshore, or flying a plane. He’s worked and partied with the rich and famous from around the world, getting an inside look at the secretive lifestyles of high-net-worth celebrities.

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David Filo Net Worth

What is David Filo’s net worth? 

Net Worth: $3.2 Billion Age: 58 Born: April 20, 1966 Gender: Male Height: 1.79 m (5 ft 10 in) Country of Origin: United States of America Source of Wealth: Entrepreneur Last Updated: May 9, 2024

Introduction  .

David Filo is an American billionaire.

Filo is the co-founder of Yahoo! with Jerry Yang.

His Filo Server Program was written in the C programming language.

It was the server-side software used to dynamically serve variable web pages, called Filo Server Pages, on visits to early versions of the Yahoo! website.

As of May 2024, David Filo’s net worth is estimated to be roughly $3.2 Billion.   

David Robert Filo was born on the 2oth of April 1966 in Wisconsin.

When he was six, he moved to Moss Bluff, a Lake Charles, Louisiana suburb.

Filo graduated from Sam Houston High School, earning a B.S. degree in computer engineering at Tulane University through the Dean’s Honor Scholarship and an M.S. degree in 1990 at Stanford University.

After graduating from Tulane University with a degree in computer engineering, David Filo enrolled at Stanford.

He earned an M.S. degree there in 1990 and, four years later, co-created “Jerry and David’s Guide to the World Wide Web” with Jerry Yang.

At the time, this site hosted a human-edited directory of other popular sites on the 90s internet.

Soon after, the site was renamed Yahoo, a name it retains today as one of the biggest sites on the web.

Like Bill Gates and Microsoft, David Filo has since earned billions thanks to his hand in creating Yahoo.

The Yahoo Expansion

After being incorporated as a search engine in 1995, Yahoo quickly became the go-to site for looking things up.

In 1996, Yahoo became a public company, and its stock price jumped 600% in just two years.

The following year, Yahoo began offering free email after acquiring RocketMail, which was renamed Yahoo Mail.

By 1998, Yahoo was the most popular starting point for internet users and the most used search engine.

In 2000, Yahoo started using Google for its search function before developing its own after acquiring Inktomi.

To compete with Gmail, Yahoo began offering unlimited email storage in 2007, but Larry Page’s Google continue to grow in popularity.

A Slow Decline

In 2008, David Filo had to lay off hundreds of people as Yahoo tried to keep its head above water.

Microsoft offered $44.6 billion to buy Yahoo the same year, but the offer was rejected, claiming it undervalued the company.

This is after Yahoo missed the opportunity to buy Mark Zuckerberg’s Facebook in 2006 after lowballing the deal.

By 2012, Yang had left as CEO and things were looking grim for the once-popular website.

In 2013, Yahoo acquired the social media blogging site Tumblr for $1.1 billion and then the video advertising provider BrightRoll.

A few years later, in 2016, Yahoo’s core business was acquired by Verizon Communications for $4.83 billion.

Unfortunately, it was too late to turn things around, and data breaches in 2017 only exacerbated Yahoo’s problems.

A Dying Giant

Following the 2017 data breaches, which caused the company no shortage of headaches, things never turned around.

The following year, Yahoo banned all adult content on Tumblr, leading to an extreme amount of backlash and a mass exodus from the site.

In 2021, Yahoo ended operations in mainland China, citing a challenging legal environment.

Two years later, Yahoo acquitted the social investing platform Commonstock and cut 20% of its workforce.

This was after massive layoffs from other tech companies, including Meta, Amazon, Google, and Twitter.

In 2024, Yahoo acquired Artifact, an AI-driven news aggregator that pulls news stories from various sources.

However, despite these recent acquisitions, Yahoo remains a shadow of its glory from the 1990s.

That said, the site has still made David Filo one of the wealthiest people in America , with a net worth of billions.

Most recently, Filo donated $10 million to the UC Berkeley School of Journalism, the most significant gift in the school’s history.

As of May 2024, David Filo’s net worth is estimated to be roughly $3.2 Billion.

Here are some of the best highlights of David Filo’s career:

• Co-founder of Yahoo!
• B.S. degree in computer engineering

Favorite Quotes from David Filo

“Fundamentally, if you look at where the environmental issues are coming from, it’s all because of humans and our impact on the environment, so while it’s true that one individual is not going to sufficiently fix the environment, it is a necessary thing.” – David Filo

“What’s been important with Flickr is the community that’s been there from the beginning and the serious photographers that are there creating and sharing great content. If we lose that at some point, then I think we have potential issues, but so far, we’ve been able to do a really good job of maintaining that.” – David Filo

“Search as a paradigm will continue to be probably even increasingly important because the information that’s out there is only going to grow exponentially – and the only way to sort through all that is by some form of search.” – David Filo

“It had a lot to do with various Yahoo! employees who have been pretty passionate about this stuff. We’ve done a number of things over the years, but, of course, more recently, we’ve come to the realization that the biggest way for us to make an impact.”   – David Filo 

“That’s a good question, and definitely what we’re trying to get at here. We’re trying to foster those communities within things like Yahoo! Answers. Part of this campaign comes from questions like, “Can we get people to talk about this stuff more? Can we get people to ask questions and answer questions and become more informed?”   – David Filo 

“Well, fundamentally, if you look at where the environmental issues are coming from, it’s all because of humans and our impact on the environment, so while it’s true that one individual is not going to sufficiently fix the environment, it is a necessary thing.”   – David Filo 

3 Awesome Lessons from David Filo

Now that you know all about David Filo’s net worth and how he achieved success, let’s take a look at some of the lessons we can learn from him: 

1. E-Mails 

People should consider e-mail as something that allows them to archive their lives.

2. The Internet 

The Internet is not nearly as fail-safe as the phone system.

3. Open 

Open is something. It will continue to drive a lot of innovation.

How much is David Filo worth?

David Filo’s net worth is estimated to be $3.2 Billion.  

How old is David Filo?

David Filo was born on April 20, 1966, and is currently 58 years old.  

How tall is David Filo?

David Filo’s height is 1.79 m, equal to 5 ft 10 in.  

David Filo is an American businessman who is one half of the team that founded Yahoo”.

The other half is Jerry Yang. Filo graduated from Tulane University with a BS in Computer Engineering.

As of May 2024, David Filo’s net worth is estimated to be roughly $3.2 Billion. 

What do you think about David Filo’s net worth? Leave a comment below. 

Andrew beal net worth.

Andrew Beal is a successful banker and investor, but just how much money have his investments made him?

What is Andrew Beal’s net worth? 

Net Worth: $10 Billion Age: 71 Born: November 29, 1952 Gender: Male Height: Unknown Country of Origin: United States of America Source of Wealth: Entrepreneur Last Updated: May 9, 2024

Introduction .

Andrew Beal is an American banker, businessman, investor, and amateur mathematician.

Beal is a Dallas-based businessman who accumulated wealth in real estate and banking.

He is the founder and chairman of Beal Bank and Beal Bank USA, and other affiliated companies. 

As of May 2024, Andrew Beal’s net worth is estimated to be $10 Billion. 

Daniel Andrew “Andy” Beal was born on the 29th of November, 1952, in Lansing, Michigan.

His siblings include an older brother and a younger sister.

As a teenager, Beal began earning money by fixing and reselling used televisions with the help of his uncle. While attending high school, he also installed apartment security systems.

He also started a business moving house and managed rental properties.

Andrew Beal’s career began at 19 when he invested in his first real estate venture, buying a house for $6,500 in his hometown.

His first lease netted him $119 per month, and it started his lifelong interest in the property market and real estate deals.

It wasn’t long before he developed a reputation for acquiring properties and renting or selling them at a substantial profit.

His strategy paid off handsomely. In 1976, he attended a federal property auction in Washington, D.C., which yielded his first major deal.

The property was an apartment block in Waco, Texas, on which he bid $217,500. He won the auction and began the next chapter in his real estate life.

Sold His First Million Dollar Building

In only three years, he sold the building for over $1 million, in a deal that would repeat itself over and ever again throughout his career.

His business was doing so well that he left his studies at Baylor University in 1976 to concentrate on making money.

In 1981, Beal took on a partner, and the business duo purchased two dilapidated housing project buildings, known as Brick Towers, in Newark, NJ, for $25,000.

Shortly after refurbishing the buildings, they sold them for $3.2 million, realizing a significant profit on the revitalized distressed properties.

However, it was not all plain sailing. His Dallas estate only sold for $36.2 million in 2017 despite an initial listing price of $132 million.

Seeing the opportunities in the banking sector, Beal established a bank in 1988 and another one in 2004 in Las Vegas.

By expanding his banking operations, Beal acquired financial assets and held them before profiting as market conditions improved.

Investing In Power Generation

He branched into power generation and infrastructure bonds during the post-Enron California blackouts in 2001.

Beal had an eye for a good deal, and his banks invested in debt instruments backed by aircraft following the 9/11 terrorist attacks.

During the 2008 global credit crisis, Beal acquired commercial and real estate loans, capitalizing on chaos in the market by stacking distressed assets.

Beal Bank continued to perform well, with a reported return on assets (ROA) of 8.1 in 2008, surpassing the industry norms.

By June 2019, Beal had amassed a fortune in his banking investments of over $2.7 billion, with additional assets surpassing $7.2 billion.

With 37 branch locations and online banking services, Beal’s banking empire is substantial, offering deposit products insured by the FDIC.

He has specialized in wholesale banking, focusing on non-agency residential first liens and commercial real estate-secured loans.

Beal’s Growing Banking Empire

His major business ventures include Beal Bank , Beal Bank USA, CSG Investments, Inc., Loan Acquisition Corporation, and CLG Hedge Fund, LLC.

In 1997, Beal made a play in the aerospace industry by establishing Beal Aerospace, aiming to launch communications satellites into orbit.

Along with other billionaires like Elon Musk and Jeff Bezos , Beal’s company hoped to capitalize on the growing extraterrestrial communications market.

Beal Aerospace employed more than 200 staff and initially focused on developing a three-stage rocket powered by hydrogen peroxide and kerosene.

Unfortunately, Beal miscalculated badly, and competition from NASA’s Space Launch Initiative and a lack of governmental subsidies closed Beal Aerospace in 2000.

Over the years, Beal has donated millions to support science and math initiatives, and his banking group sponsors annual science and technology fairs.

He has also donated $1 million to the Perot Museum of Nature and Science in Dallas to expand their educational resources.

A Self-Taught Mathematician

Beal’s other companies donated computers to the Dallas Independent School District, giving students better access to technology.

He is an amateur mathematician and is self-taught in number theory. He is known for his work on the Beal Conjecture.

This theory, proposed in 1993, has implications for Fermat’s Last Theorem. Beal is offering a $1 million prize for its proof or disproof.

Beal uses his incredible brain to play high-stakes poker games and is a regular participant in matches against professional players in Las Vegas.

He is confident enough to compete against stars like Phil Ivey, Phil Hellmuth, and Dan Bilzerian, among other popular card players.

In May 2004, Beal won $11.7 million in a single hand, a feat that impressed poker aficionados worldwide – not that he needed the money.

His poker exploits are described in Michael Craig’s book, “The Professor, the Banker, and the Suicide King: Inside the Richest Poker Game of All Time.”

He has been recognized in the business world by winning the “Entrepreneur of the Year” award for his contributions to the banking and finance industry.

Beal’s visionary leadership and industry-disrupting reputation have led to him becoming one of the richest people in the world through his banking achievements.

As of May 2024, Andrew Beal’s net worth is $10 Billion. 

Highlights 

Here are some of the best highlights of Andrew Beal’s career: 

• Beal is the founder and chairman of Beal Bank and Beal Bank
• Beal conjecture

Favorite Quotes From Andrew Beal

“All the other banks were failing. What better time to start a bank? If everybody else is going broke, that means your competition is going away.” – Andrew Beal 

“You have to work very hard at being disciplined all the time when you underwrite loans so that, when bad times come, you don’t worry that you made bad loans two years ago when times were good.” – Andrew Beal 

“Let’s all be thankful that Congress didn’t fund NASA to develop low-cost personal computers to compete with Dell and Compaq and new low cost operating software to compete with Microsoft. With enough money, NASA will always succeed.” – Andrew Beal 

“When Congress and NASA targeted $10 billion to fund competing launch systems, we threw in the towel. We could not compete with such government-funded boondoggles.” – Andrew Beal 

“We’re very profitable, but our growth will slow. There’s a lot less product and more competition. The glory days of our business are over. We haven’t identified many great opportunities right now. But we’re very comfortable managing our existing portfolio.” – Andrew Beal 

3 Life Lessons From Andrew Beal 

Now that you know all about Andrew Beal’s net worth and how he achieved success; let’s take a look at some of the lessons we can learn from him:

For your life to change, you must change. To the degree that you change your thoughts will be to the degree that your life changes. Don’t expect anything to change if you’re not changing.

It’s okay to stumble. When you reach for great things, you will stumble; be sure to learn from the stumble. A stumble could be the best thing that ever happened to you.

3. Take Charge

Take charge of your life. You got the ball. It’s in your court, what are you going to do?

How much is Andrew Beal worth?

Andrew Beal’s net worth is estimated to be $10 Billion.  

How old is Andrew Beal?

Andrew Beal was born on November 29, 1952, and is currently 71 years old.  

How tall is Andrew Beal?

Andrew Beal’s height is Unknown.  

Andrew Beal is an American banker, businessman, investor, poker player, amateur mathematician, and founder and chairman of Beal Bank and Beal Bank USA.

Beal became known for buying properties, renovating them, and selling them. During visits to Las Vegas between 2001 and 2004, Beal participated in high-stakes poker games against professional players. 

As of May 2024, Andrew Beal’s net worth is approximately $10 Billion.  

What do you think about Andrew Beal’s net worth? Leave a comment below. 

Lakshmi mittal net worth.

What is Lakshmi Mittal’s net worth?

Net Worth: $18 Billion Age: 73 Born: September 2, 1950 Gender: Male Height: 1.75 m (5 ft 9 in) Country of Origin: India Source of Wealth: Entrepreneur Last Updated: May 9, 2024

Lakshmi Mittal is an Indian steel magnate and the chairman and CEO of ArcelorMittal, the world’s largest steelmaking company.

Mittal owns 38% of ArcelorMittal and holds an 11% stake in Queens Park Rangers F.C.

As of May 2024, Lakshmi Mittal’s net worth is estimated to be roughly $18 Billion. 

Lakshmi Niwas Mittal was born on the 15th of June, 1950, in Sadulpur.

Mittal studied at Shri Daulatram Nopany Vidyalaya, Calcutta, from 1957 to 1964.

He graduated from St. Xavier’s College, affiliated to the University of Calcutta, with a B.Com degree in the first class. 

In 1976, the 26-year-old Mittal opened his first steel factory, PT Ispat Indo, in Sidoarjo, East Java, Indonesia, due to the Indian government’s curbs on steel production.

When he finished school, Lakshmi Mittal attended St. Xavier’s College at the University of Calcutta, where he studied for a B Com degree.

After graduating, he went to work in the family business but never imagined that he would head up a conglomerate like ArcelorMittal.

His father, Mohanlal Mittal, operated a steel business called Nippon Denro Ispat and, in 1976, opened a steel factory in Indonesia.

Due to government restrictions on steel production in India, Mittal opened his first steel factory outside the country.

Purchasing Steel Works Around The World

Mittal then purchased the state-owned steel works in Trinidad and Tobago in 1989, turning them into profitable ventures within a year.

Until the 1990s, the family’s main assets in India included a cold-rolling mill in Nagpur and an alloy steel plant near Pune.

Mittal’s younger brothers, Pramod Mittal and Vinod Mittal, manage the family business in India while he is in charge of the UK-based company.

In a surprise 1995 deal, Mittal “purchased” the Irish Steel plant  for a nominal price of only IR£1 from the government.

Six years later, in 2001, the Cork plant was closed, leading to criticism and environmental issues, but Mittal had already moved on.

Moving Into Central America

He acquired the assets of Ispat Mexicana and Ispat Karmet before December 2001 and, in November 2001, acquired Sidex Galati.

This business was renamed Ispat Sidex in December of that same year, and two years later, he was once again on an asset acquisition drive.

In October 2003, Mittal’s LNM Group acquired steel assets from the Romanian and Polish governments on desirable financial terms.

Petrotub Roman was renamed Ispat Tepro as part of the acquisitions in Romania, and Mittal reportedly utilized Marek Dochnal’s consultancy to influence Polish officials. 

A Hostile Takeover Bid

In 2006-07, Mittal succeeded in a hostile takeover bid for Arcelor, renaming it ArcelorMittal and acquiring steel assets across Europe.

The “Mittal Affair” in 2002 involved controversy surrounding Tony Blair and his apparent support for Mittal’s bid to buy Romania’s state-owned industry.

Mittal’s significant fluctuations in net worth have been well-documented.

In 2016, Forbes ranked him as the 135th-wealthiest billionaire.

However, Mittal’s net worth was said to have peaked in 2008, making him one of the wealthiest individuals globally at that time.

Funding Harvard University

Mittal’s philanthropic endeavors include the 2010 donation of $1 billion to establish the Lakshmi Mittal South Asia Institute at Harvard University.

He now serves as the chairman and CEO of ArcelorMittal, the world’s largest steel-making company based in the UK.

Mittal’s leadership has seen ArcelorMittal expand its operations globally, with significant investments in Asia, Europe, and the Americas.

He has been recognized with numerous awards and honors, including the Padma Vibhushan, India’s second-highest civilian award, in 2008.

Lakshmi is known for his strategic vision and ability to easily navigate the complex negotiations required of international business agreements.

Mittal’s acquisitions and mergers have reshaped the global steel industry, positioning ArcelorMittal as a key player and threatening existing players.

Like Warren Buffett  and Francois Pinault , Mittal is uniquely placed to influence world markets due to his strategic business investments.

Criticism And Legal Challenges

He has, however, faced strong criticism and legal challenges over environmental concerns and labor practices in some of ArcelorMittal’s operations.

Mittal’s leadership style emphasizes innovation, efficiency, and sustainability in steel production, which has resulted in the growth of his business empire.

He has invested in research and development to enhance ArcelorMittal’s technological capabilities and environmental performance worldwide.

But Mittal’s influence extends well beyond the steel industry, with investments in real estate, technology, and other consumer goods sectors.

Acquiring A Soccer Team

Mittal was one of the leading contenders in acquiring and disposing of Everton and Wigan in the Barclays Premiership soccer league.

In 2007, it was revealed that the Mittal family had acquired a 20% stake in the Queens Park Rangers football team, joining Mittal’s pals Bernie Ecclestone and Flavio Briatore.

Amit Bhatia, Mittal’s son-in-law, joined the board of directors because of the investment, keeping an eye on the investment for the family. 

The joint investment in the financially troubled team generated rumors that Mittal was considering following other affluent benefactors’ footsteps.

Multi-millionaires like Roman Abramovich were another rising number of wealthy investors making large investments in the richest soccer teams in England.

On February 19, 2010, Briatore resigned as chairperson of QPR and sold Ecclestone further club shares, giving Ecclestone the single largest shareholding.

As of May 2024, Lakshmi Mittal’s net worth is $18 Billion. 

Here are some of the best highlights of Lakshmi Mittal’s career: 

• Chairman and CEO of ArcelorMittal
• “Person of the Year” Award (2008)
• Member of Goldman Sachs (2008) 

Favorite Quotes From Lakshmi Mittal 

“In the past twenty years, we have lived through several cycles and we have always managed to buy under good terms and conditions at the right time. This has enabled us to build a solid group that is now the world number one.” – Lakshmi Mittal

“The torch relay is an excellent embodiment of all that the Olympic Games have come to symbolize – a celebration of the human spirit. Personally to me, it represents striving to be the best in whatever we do, never giving up despite the odds, and a commitment to health and fitness.” – Lakshmi Mittal

“Hard work certainly goes a long way. These days a lot of people work hard, so you have to make sure you work even harder and dedicate yourself to what you are doing and setting out to achieve.” – Lakshmi Mittal

“I’m not a person who sets very high goals, my goalposts keep on changing as we move forward in life. It’s always been one step forward. Always make small steps forward, you become stronger and you gain confidence, then you change your goalposts again.” – Lakshmi Mittal

3 Powerful Lessons From Lakshmi Mittal

Now that you know all about Lakshmi Mittal’s net worth, and how he achieved success; let’s take a look at some of the lessons we can learn from him:

1. Hard Work Certainly Goes A Long Way

These days a lot of people work hard, so you have to make sure you work even harder and dedicate yourself to what you are doing and setting out to achieve.

2. Strong Players 

A strong player with sufficient critical mass can better withhold pressure and create a more stable environment that benefits shareholders and employees.

3. Tough Times 

Everyone experiences tough times. How you deal with them and how you overcome them is a measure of your determination and dedication.

How much is Lakshmi Mittal worth?

Lakshmi Mittal’s net worth is estimated to be $18 Billion.  

How old is Lakshmi Mittal?

Lakshmi Mittal was born on September 2, 1950, and is currently 73 years old.  

How tall is Lakshmi Mittal?

Lakshmi Mittal’s height is 1.75 m, equal to 5 ft 9 in.  

Lakshmi Mittal is chairman and CEO of the world’s largest steel-making company, ArcelorMittal.

Mittal started his own steel business in Indonesia, eventually becoming Arcelor Mittal, the company he made into one of the most successful in the world. 

As of May 2024, Lakshmi Mittal’s net worth is approximately $18 Billion. 

What do you think about Lakshmi Mittal’s net worth? Leave a comment below. 

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EXCLUSIVE: F1 Party on Biggest Yacht at Monaco Grand Prix

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By Editorial Team   5 July 2013

Force India’s team boss Vijay Mallya started the prestigious Monaco Grand Prix off on a high on board the event’s largest superyacht – his own 95m 'Indian Empress' motor yacht, which is also one of the largest yachts in the charter fleet.

For years it has been the most prestigious yacht party of the Grand Prix event, welcoming on board a 600-strong guest-list made up of a who’s who of the world’s elite, from Monaco’s Royal family to internationally renowned superstars. This year’s theme was the mogul splendor of old Rajasthan and India’s hottest fashion designer, Rocky S, showed some breath-taking couture pieces from his collection whilst music was provided by DJs Teddy O and Chico, flown in direct from India for the occasion.

Set in the world’s most exclusive harbour, the Port d'Hercule in Monaco, Indian Empress was an impressive sight again this year, other notable yachts included   second largest vessel at the event superyacht O'Mega , and other popular charter yachts such as Told U So and Diamonds Are Forever. Throughout the year Monaco represents one of the globes most spectacular and popular luxury yacht charter destinations, but on the Monaco Grand Prix weekend it is the only place to be seen. Whether chartering privately for the event or hosting an impressive corporate charter yachts , there is no better way to be a part of this glittering social scene and soak up the heady atmosphere than on board a luxury charter yacht .

To find out more read our guide to a Monaco Grand Prix Yacht Charter , or contact your preferred yacht charter broker .

Video by Pole Position P1

...the Monaco Grand Prix weekend it is the only place to be seen.

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105m Oceanco 2000 / 2023

83m Mitsubishi Heavy Industries 2004 / 2022

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44m Benetti 2011 / 2022

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'Vijay Mallya can't avoid the law': Herts villagers on 'fugitive' billionaire neighbour

Residents of sleepy English village of Tewin give verdict on Kingfisher Airlines tycoon, wanted in India to face allegations of fraud

V ijay Mallya, the multimillionaire co-owner of the Force India Formula One team and self-proclaimed “King of the Good Times”, does not appear to be preparing for his possible extradition to India to face a fraud trial on allegations over £1bn of unpaid debts .

Landscape gardeners were this week laying a truckload of fresh turf in the grounds of his £11.5m mansion in the sleepy Hertfordshire village of Tewin, nearly Welwyn, 20 miles north of London. After the installation of three fountains in one of two garden pools and a four-car garage to house a fraction of his collection of 260 classic cars , the lawn should be the last step in the two-year makeover of his Ladywalk estate on Queen Hoo Lane.

The property, previously owned by the father of F1 champion Lewis Hamilton, bristles with so many CCTV cameras (the Guardian counted eight) that a security guard dressed head-to-toe in black appeared at the wrought iron gates before the Guardian even had a chance to ring the bell. “You can’t come in,” he said.

Asked if it was possible to speak to his boss, the guard – who was working with two colleagues carrying binoculars and iPads showing live feeds of the security cameras – said only: “He might be in, he might not be.”

Mallya was once known as the “Branson of Bangalore” for his business and sport empire which included beer, spirits and an airline. But his fall from a billionaire playboy – known for his beer company Kingfisher’s take on the Pirelli calendar and for hosting celebrity parties on his 311ft superyacht Indian Empress during the Monte Carlo grand prix – to alleged fugitive from justice was completed this week when he was arrested by Scotland Yard on an extradition warrant.

The police said Mallya, 61, was arrested on behalf of the Indian authorities in relation to accusations of fraud. The tycoon dismissed the furore surrounding his arrest as “media hype” and said his arrest and appearance at Westminster magistrates court was “expected” before an extradition hearing. He denies the fraud allegations.

Usual Indian media hype. Extradition hearing in Court started today as expected. — Vijay Mallya (@TheVijayMallya) April 18, 2017

His security guard refused to answer any more questions as he stood at the gates to the estate, which are flanked by black posts embossed in gold with Mallya’s VJM initials.

A Silver Maybach also bears the VJM initials on its number plate , and his private Airbus A319 jet had the initials painted in gold on the engines and wingtips until it was put up for auction to pay his creditors.

A sign with a picture of Mallya’s four dogs – golden retrievers Luna and Bella, and Bichon lapdogs Elsa and Daisy – urges workmen to drive slowly through the three-house estate.

His neighbours know Mallya lives next door but they have not met him and are a little wary of the media after the Indian press corps camped outside the gates for days when it was revealed last year that the businessman was holed up there.

India’s prime minister has singled out Mallya, accused of fleeing the country owing about £1bn to banks and employees of his failed Kingfisher Airlines, of ripping off India and Indians.

Narendra Modi, who the Indian press said raised Mallya’s extradition with Theresa May during her official visit to the country last year, tweeted:

Indeed. There is no place for corruption in India. Those who looted the poor & middle classes will have to return what they have looted. https://t.co/sG6W9UECcp — Narendra Modi (@narendramodi) April 18, 2017

Mallya denies the accusations and tweeted: “Not a rupee was misused.”

The landlord of the Rose & Crown on Tewin’s village green said he had not seen Mallya since he and his considerable staff moved to the village but he had heard him. “I don’t know him, I’ve never met him, but I have heard his helicopter flying over,” he said.

Several members of the Tewin Thursdays walking group, who were planning this week’s walk over coffee and sourdough toasties at the Country Bumpkin tearoom on Tewin Hill, admitted to being fascinated by Mallya’s presence in the village. “This is not the most exciting village,” said Chris, a retiree organising this week’s work.

“His [Mallya’s] house used to be owned by Anthony Hamilton, Lewis Hamilton’s dad, so it has always been a talking point. A public footpath runs round the property so we have been able to see all the changes and comings and goings, but he seems to keep very much to himself.”

Chris said Mallya’s secretary had expressed interest in joining the walking group, but she had not yet met them for their weekly hike.

While many residents said they were happy to have Mallya living in their village, Colin, a retired airline catering manager who lives in a house on the green, said if Mallya was being legitimately sought by the Indian authorities he should “go back and face the music”.

“It doesn’t matter how much money you have or how rich you are, you can’t avoid the law,” Colin said. “It’s disgusting that he is living here in all this luxury if he owes his country money and hasn’t paid his staff wages.”

More than 4,000 Kingfisher Airlines employees went without pay for seven months before they revolted and grounded the carrier in October 2012.

The staff in the Tewin Stores village shop said Mallya probably has staff to do his shopping and they had not met the billionaire either. But, they said, Mallya had rather incongruously attended a charity barn dance in nearby Bull’s Green.

They pointed to a small but welcome act of generosity from the glamorous alleged fraudster last year. When a hit-and-run driver wiped out the village fir tree, which doubled as Tewin’s Christmas tree, the man once estimated by Forbes magazine to have been worth $1.6bn dug deep and donated a replacement.

• This article was amended on 24 April 2017. Theresa May made an official visit to India last year, but it was not a state visit; these are only carried out by heads of state eg the Queen.
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Meet brothers, shopkeepers who made Rs 67000 crore fortune from Vijay Mallya's company, their net worth is…

B erger Paints, one of India's largest paint makers, is an inspiring success story of two brothers who began their business from a small store and have grown to become the owner of a company valued at over Rs 68,000 crores. Dhingra Brothers of Punjab's success is not let than a film story. India's top paint manufacturer, Berger Paints, is owned by Kuldeep and Gurbachan Singh Dhingra. Berger Paints' vice chairman is Gurbachan Singh Dhingra, while the company's chairman is Kuldeep Singh Dhingra.

Kuldip Singh and Gurbachan Singh Dhingra, born into the Rangwala family, revolutionized India’s paint industry by transitioning their business from door-to-door paint sales to industrial-scale manufacturing in the 1960s, Khalsa Vox reported.

They led the acquisition of British paint company, Berger Paints, in 1991, elevating their business globally and increasing their market presence significantly.

Following the acquisition, the brothers integrated innovative marketing strategies, focusing on expanding their customer base and offering high-quality, affordable products, fostering immense brand loyalty across India, as per Khalsa Vox.

Despite industry challenges and competition, they maintained Berger Paints’ position as the second-largest paint company in India, demonstrating strategic leadership and savvy business acumen.

Vijay Mallya's UB Group bought the country's smallest paint manufacturer in the 90s. They grew their small business into the second-biggest paint firm in the nation with perseverance and hard work.  

The business family Kuldeep and Gurbachan belonged to had Punjabi origins. In 1898, their grandfather opened a store in Amritsar. After completing their studies at Delhi University, the brothers opened shops in Amritsar.

The yearly turnover reached Rs 10 lakh by the 1970s. However, as the company expanded, they worked hard and were devoted, and in the 1980s they became the biggest exporter of paint to the Soviet Union. Dhingra Brothers, who rank among the nation's wealthiest industrialists, with a net worth of more than Rs 55,000 crores.

Ascending the corporate ladder, Kuldeep Singh Dhingra quickly began growing the company. Then he decided to go from being a shopkeeper to the owner of a multinational corporation. In reality, the goal was to purchase Berger Paints, a business owned by Vijay Mallya's UB Group at the time.

He bought Berger Paints and finalised the deal with Vijay Mallya through his acquaintance. In addition to operating in India, Berger Paints is currently present in a number of other nations, including Bangladesh, Nepal, Poland, and Russia. Among India's wealthiest families is the Dhingra Brothers family.

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Ilim group has completed the klb line rebuild project in bratsk.

As part of its large-scale investment program involving development of the existing facilities and launch of new capacities, Ilim Group has completed the KLB Line Rebuild Project in Bratsk (Irkutsk Oblast) with CAPEX worth more than USD 120 million. The Mill started checkout and commissioning in October. Implementation of the project should ensure a 50% increase in kraftliner output, namely from 198 thousand tons up to 300 thousand tons per year.

The large-scale upgrade involved the whole KLB production process starting from pulp cooking to finished product packaging. GLV, PMP Group and Andritz were Ilim’s key partners under this project. Upgraded KLB production complies with the standards of the global forest industry leaders in terms of equipment scope, applied technologies and automation level of management and control processes.

“The Bratsk project is a part of the large investment program with a CAPEX exceeding USD 3 billion. Ilim is investing not only in output increase, but also in the quality of our products, cutting-edge automation and digitalization technologies of its operations, global best practices in environment and sustainable forest management, and logistic infrastructure”, emphasized Kseniia Sosnina, Ilim Group CEO. As the Russian P&P leader, Ilim intends to strengthen its positions in the growing Asian market and in the packaging segment in particular through upgrade of its mills in Siberia and construction of a new pulp and paperboard mill in Ust-Ilimsk with a capacity of 600 thousand tons per year. By 2024, Ilim’s aggregate annual output will increase by 40 % to reach 4.4 million tons”.

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43 Facts About Bratsk

Written by Elvira Llamas

Modified & Updated: 02 Mar 2024

Reviewed by Jessica Corbett

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Bratsk, a city located in the Irkutsk Oblast region of Russia, is a hidden gem worth exploring. With a rich history and a vibrant culture, Bratsk offers a unique experience to its visitors. From breathtaking natural landscapes to architectural wonders, there is something for everyone in this enchanting city.

In this article, we will uncover 43 fascinating facts about Bratsk that will pique your curiosity and make you want to pack your bags and embark on an adventure. Whether you are a history buff, nature enthusiast, or someone who appreciates art and culture , Bratsk has it all. So, let’s dive into this incredible city and discover what makes it so special!

Key Takeaways:

• Bratsk, a city in Russia, boasts a rich history, stunning landscapes, and a vibrant community, offering a unique experience for residents and visitors alike.
• With its impressive hydroelectric power station, beautiful natural reserves, and diverse cultural scene, Bratsk is a city poised for promising growth and development.

Bratsk is a city in Irkutsk Oblast, Russia.

Located in Siberia, Bratsk is situated on the Angara River and is known for its breathtaking natural landscapes.

The city of Bratsk was founded on August 26, 1947.

It was established as a residential settlement for the workers of the Bratsk hydroelectric power station.

Bratsk is home to one of the largest hydroelectric power plants in the world.

The Bratsk Hydroelectric Power Station has a capacity of 4,500 MW and plays a significant role in Russia’s energy production.

The population of Bratsk is approximately 246,000 people.

It is the third-largest city in Irkutsk Oblast, after Irkutsk and Angarsk.

The name “Bratsk” is derived from the word “brothers”.

It symbolizes the unity and cooperation of the workers who contributed to the construction of the city.

Bratsk experiences a continental climate with long, cold winters and short, warm summers.

The average temperature in January is around -19°C (-2°F), while in July , it reaches an average of 18°C (64°F).

The Bratsk Reservoir, created by the damming of the Angara River, is one of the largest artificial lakes in the world.

It covers an area of 5,470 square kilometers (2,110 square miles) and provides opportunities for various water activities.

Bratsk is a major transportation hub in Siberia.

It has a well-developed railway system and is connected to other cities in the region through an extensive network of roads.

The city of Bratsk is known for its vibrant cultural scene.

It is home to several theaters, museums, and art galleries that showcase the rich history and traditions of the region.

Bratsk is surrounded by picturesque natural landscapes, including dense forests, mountains, and rivers.

The area offers opportunities for outdoor activities such as hiking, fishing , and wildlife watching.

The Bratsk Dam, which forms the Bratsk Reservoir, was completed in 1967.

It stands at a height of 124 meters (407 feet) and is an impressive engineering feat.

The construction of the Bratsk Hydroelectric Power Station required the relocation of several villages and towns.

Efforts were made to ensure the smooth transition and well-being of the affected residents.

Bratsk has a diverse economy, with industries including energy, metallurgy, forestry, and agriculture.

The city’s development is closely tied to the Bratsk Hydroelectric Power Station and the surrounding natural resources.

Bratsk is home to several educational institutions, including universities, colleges, and vocational schools.

It serves as an educational center for the region, attracting students from different parts of Siberia .

The people of Bratsk are known for their warm hospitality and welcoming nature.

Visitors to the city often praise the friendly atmosphere and genuine kindness of the locals.

Bratsk has a rich cultural heritage, with influences from various ethnic groups living in the area.

The city celebrates traditional festivals, music, and dance, reflecting the diversity of its population .

The Bratsk Fortress is an important historical landmark in the city.

It dates back to the 17th century and serves as a reminder of Bratsk’s significant role in the region’s history.

Bratsk is known for its delicious cuisine, which features traditional Siberian dishes as well as Russian favorites.

Visitors can enjoy hearty soups, smoked fish , and locally sourced berries and mushrooms.

The Bratsk Museum of Local Lore showcases the history, culture, and natural wonders of the region.

It is a must-visit for those interested in learning more about Bratsk and its surroundings.

Bratsk has a well-developed sports infrastructure and supports various athletic activities.

The city has produced many talented athletes who have competed at national and international levels.

Bratsk is surrounded by beautiful nature reserves and national parks.

These protected areas are home to a wide range of flora and fauna, offering breathtaking sights for nature enthusiasts.

The Bratskaya street, one of the main streets in the city, is lined with shops, restaurants, and cafes.

It is a popular spot for locals and tourists to stroll, shop, and enjoy a meal.

Bratsk has a well-developed healthcare system, with modern hospitals and clinics.

The city prioritizes the health and well-being of its residents by providing quality medical facilities.

The Bratsk Opera and Ballet Theater is a cultural hub in the city, hosting performances by talented artists.

It showcases ballets, operas, and other musical events, attracting audiences from near and far.

Bratsk has a vibrant music scene, with local bands and musicians performing a variety of genres.

Music lovers can enjoy live performances at venues throughout the city.

The annual Bratsk International Film Festival celebrates the art of cinema.

It attracts filmmakers, industry professionals, and film enthusiasts from around the world.

The Bratsk Circus is a popular entertainment venue, featuring thrilling acrobatic performances and animal shows.

It offers fun-filled experiences for both children and adults.

Bratsk has a strong sense of community, with various civic organizations and volunteer groups working towards the betterment of the city.

Citizens actively participate in initiatives aimed at improving the environment, education, and social welfare.

The beautiful Bratsk City Park is a favorite spot for leisurely walks, picnics, and outdoor activities.

It offers a tranquil escape from the bustling city life.

Bratsk is known for its stunning sunsets, which paint the sky with vibrant colors.

The breathtaking views make for memorable moments and great photo opportunities.

The local markets of Bratsk are vibrant hubs of trade, showcasing a variety of local produce and goods.

Visitors can explore the stalls and sample fresh fruits, vegetables, and handicrafts.

Bratsk is an important center for scientific research and innovation.

The city is home to various research institutes and laboratories that contribute to advancements in different fields.

The Bratsk State University offers a wide range of educational programs across various disciplines.

It attracts students not only from Bratsk but also from other parts of Russia and abroad.

Bratsk is a city that embraces technology and digital connectivity.

The city’s infrastructure is well-equipped to meet the demands of the digital age.

Bratsk hosts various cultural events throughout the year, including music festivals, art exhibitions, and theatrical performances.

The city’s calendar is filled with opportunities to immerse oneself in the vibrant cultural scene.

Bratsk is a city where old traditions and modernity coexist harmoniously.

While the city embraces progress, it also values and preserves its rich cultural heritage.

Bratsk is surrounded by vast forests, making it an ideal destination for nature lovers and outdoor enthusiasts.

Hiking, camping, and wildlife spotting are popular activities in the area.

The Bratsk Philharmonic Orchestra is renowned for its exceptional performances and talented musicians.

It enchants audiences with a diverse repertoire that includes classical, contemporary, and traditional pieces.

Bratsk takes pride in its strong educational system, which emphasizes the importance of knowledge and skills.

It prepares the younger generation for bright futures and successful careers.

Bratsk is a city that celebrates diversity and promotes inclusivity.

It values the contributions of people from different backgrounds and fosters a sense of unity among its residents.

The Bratsk Mosque is an important religious landmark in the city.

It serves as a place of worship for the Muslim community and represents the city’s religious tolerance.

Bratsk is a city with a strong sense of environmental consciousness.

Efforts are made to protect and preserve the natural resources and promote sustainable practices.

Bratsk is a city that holds great potential for growth and development.

With its rich resources, vibrant community, and forward-thinking outlook, it is poised for a promising future.

In conclusion, these 43 facts about Bratsk showcase the fascinating history, natural wonders, and cultural significance of this city. From being home to one of the world’s largest hydroelectric power stations to boasting stunning landscapes like Lake Baikal and the Taiga forests, Bratsk has something for everyone. Its rich history, with traces of ancient civilizations and Soviet-era industrial development, adds a unique charm to the city.Whether you’re interested in adventure tourism, exploring historical sites, or simply immersing yourself in the local culture, Bratsk offers a myriad of experiences. The city’s warm hospitality, friendly locals, and delicious local cuisine make it a memorable destination for travelers.Don’t miss the opportunity to witness the breathtaking beauty of Bratsk. Visit this city and unlock its hidden gems, unforgettable experiences, and the chance to create lifelong memories.

Q: When is the best time to visit Bratsk?

A: The best time to visit Bratsk is during the summer months of June to August when the weather is pleasant and outdoor activities are in full swing.

Q: How do I get to Bratsk?

A: Bratsk can be reached by air through the Bratsk Airport, which has regular flights from major cities in Russia. Alternatively, you can also travel by train or bus from neighboring cities.

Q: Are there any popular attractions in Bratsk?

A: Yes , Bratsk is known for its popular attractions such as the Bratsk Hydroelectric Power Station, Lake Baikal, Taiga forests, and the Bratsk Reservoir.

Q: Is Bratsk safe for tourists?

A: Yes, Bratsk is generally safe for tourists. However, it is always advisable to take necessary precautions and be aware of your surroundings, especially in crowded areas.

Q: What are some traditional dishes to try in Bratsk?

A: Some traditional dishes to try in Bratsk include Siberian pelmeni, omul fish, stroganina, and local berry desserts.

Bratsk's stunning landscapes beckon nature enthusiasts to explore the wonders of the taiga biome, where cold climates shape unique ecosystems. This Russian city shares its rich history and culture with other fascinating destinations like Orenburg, inviting travelers to discover the depth and diversity of Russia's urban tapestry. Bratsk's massive hydroelectric power plant stands as a testament to human ingenuity, harnessing the immense potential of flowing water to power homes and industries, showcasing the transformative impact of hydroelectric technology .

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Geographic coordinates of Bratsk, Irkutsk Oblast, Russia

City coordinates

Coordinates of Bratsk in decimal degrees

Coordinates of bratsk in degrees and decimal minutes, utm coordinates of bratsk, geographic coordinate systems.

WGS 84 coordinate reference system is the latest revision of the World Geodetic System, which is used in mapping and navigation, including GPS satellite navigation system (the Global Positioning System).

Geographic coordinates (latitude and longitude) define a position on the Earth’s surface. Coordinates are angular units. The canonical form of latitude and longitude representation uses degrees (°), minutes (′), and seconds (″). GPS systems widely use coordinates in degrees and decimal minutes, or in decimal degrees.

Latitude varies from −90° to 90°. The latitude of the Equator is 0°; the latitude of the South Pole is −90°; the latitude of the North Pole is 90°. Positive latitude values correspond to the geographic locations north of the Equator (abbrev. N). Negative latitude values correspond to the geographic locations south of the Equator (abbrev. S).

Longitude is counted from the prime meridian ( IERS Reference Meridian for WGS 84) and varies from −180° to 180°. Positive longitude values correspond to the geographic locations east of the prime meridian (abbrev. E). Negative longitude values correspond to the geographic locations west of the prime meridian (abbrev. W).

UTM or Universal Transverse Mercator coordinate system divides the Earth’s surface into 60 longitudinal zones. The coordinates of a location within each zone are defined as a planar coordinate pair related to the intersection of the equator and the zone’s central meridian, and measured in meters.

Elevation above sea level is a measure of a geographic location’s height. We are using the global digital elevation model GTOPO30 .

Bratsk , Irkutsk Oblast, Russia

• Eastern Siberia /
• Irkutsk Oblast /

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