At the end of July, a one-time Indian alcohol tycoon named Vijay Mallya was declared bankrupt by a British court. This ruling will allow a consortium of 17 Indian banks to go after Vijay’s global assets and could potentially mean Vijay will be extradited back to his home country in the very near future.
Vijay has experienced a stunning fall from grace in the last few years. He used to be known as the “King of good times” thanks to his lavish lifestyle complete with fleet of fast cars, mansions, yachts, private jets and flamboyant parties. He’s now a bankrupt former billionaire fugitive.
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Early Life and Career Beginnings
Vijay Mallya was born on December 18, 1955. His father Vittal Mallya was the first Indian C…
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