Vijay Mallya, once known as the “King of Good Times”, has had a dramatic journey from billionaire to fugitive. But with his legal battles ongoing, a common question is: how is Vijay Mallya earning now?
Let’s dive into how the controversial businessman manages to stay financially afloat in 2025.
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Before we explore his income sources, let’s quickly recap who Vijay Mallya is:
- Former chairman of United Breweries Group (makers of Kingfisher beer)
- Founder of the now-defunct Kingfisher Airlines
- Ex-owner of Formula 1 team Force India
- Known for extravagant lifestyle and high-profile parties
His financial empire began to collapse in the 2010s, leading to unpaid loans worth over ₹9,000 crore, and a legal standoff with Indian authorities.
Despite facing financial crime charges and asset seizures in India, Mallya is not broke. While his domestic assets were mostly confiscated or sold, he still controls or benefits from international assets—particularly in the UK.
Mallya still benefits from foreign companies and family trusts, many believed to be based in tax havens. These entities may earn him dividends, interest, or consultancy income.
He owns or is linked to several properties in London and Europe, including a lavish home in Hertfordshire, UK. These may be:
- Personally used
- Rented for private events
- Held via shell companies
His son Siddharth Mallya is active in entertainment and online ventures. While Mallya is no longer a public business face, he might indirectly profit from family-owned companies.
Mallya still commands attention for his business knowledge in liquor, aviation, and global finance. It’s rumored he occasionally:
- Consults for international firms privately
- Participates in paid speaking gigs in Europe
With growing public interest in business scandals, Mallya’s life story is prime for books, docu-series, or biopics. If he licenses his story, it could become a long-term royalty stream.
As of now, Mallya remains in the UK, with his extradition case still unresolved. Indian courts have declared him a fugitive economic offender, but the UK legal process continues to delay his return.
However, many of his Indian assets have already been liquidated to repay banks, and recovery agencies are still pursuing additional dues.
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While he’s no longer a public tycoon, Vijay Mallya continues to live comfortably abroad, thanks to strategic planning and global asset protection.
Whether he’ll ever return to India or face a jail sentence remains uncertain.
So, how is Vijay Mallya earning now? Through a blend of overseas investments, real estate, and perhaps low-key advisory work, the former liquor baron continues to stay afloat. While he’s no longer the face of India’s high society, he remains a subject of public curiosity and financial intrigue.
What do you think the future holds for Mallya? Leave your thoughts in the comments below!
What is Vijay Mallya’s net worth in 2025?
While the exact figures are unclear, estimates suggest Vijay Mallya’s net worth in 2025 is significantly reduced compared to his peak years. However, due to his international assets and investments, he is still believed to be living a financially stable life.
Is Vijay Mallya still in the UK?
Yes, Vijay Mallya continues to reside in the United Kingdom. He has been fighting extradition to India since 2017 and remains in legal limbo as of 2025.
What happened to Vijay Mallya’s assets in India?
Most of Vijay Mallya’s Indian assets have been seized or sold by authorities to recover unpaid loans. His luxury properties, bank accounts, and shares were auctioned or confiscated by government agencies.
Is Vijay Mallya owner of the RCB
No, Vijay Mallya is no longer the owner of Royal Challengers Bangalore (RCB). He was the original franchise owner when RCB was launched in 2008 under the banner of United Spirits, a company that was part of his UB Group. However, after financial controversies and the takeover of United Spirits by Diageo, the global beverage giant, Mallya lost control of both the company and the IPL team. As of now, RCB is owned and managed by Diageo India, and Vijay Mallya has no official connection with the franchise.
What was SBI’s reply to Vijay Mallya?
The State Bank of India (SBI), which leads the consortium of banks that lent money to Vijay Mallya’s companies, has consistently taken a firm legal stance against him. When Mallya offered to repay a part of his dues or requested settlements from abroad, SBI and other banks rejected partial offers, stating that they were inadequate and not aligned with the legal process or the total outstanding debt, which exceeds ₹9,000 crore. SBI has supported enforcement actions, including declaring Mallya a willful defaulter, pushing for his extradition, and facilitating the seizure of his Indian assets through court orders and recovery tribunals.
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