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Vijay Mallya’s rise and fall is one of the most talked-about chapters in India’s business history

The Rise of the Rebel Tycoon

Vijay Mallya’s rise and fall Before the word ‘entrepreneur’ became fashionable, Vijay Mallya was already living it. Taking over United Breweries at 28, he built Kingfisher into a lifestyle brand. His business style? Flashy, fearless, and full of flair.

Mallya wasn’t just building a liquor empire—he was branding success as spectacle. Private jets, calendar girls, and international parties were part of his strategy to sell not just products, but prestige.

RCB: More Than Just a Cricket Team

In 2008, when IPL was still an experiment, Mallya made a bold entry. Missing out on Mumbai, he picked Bangalore and spent over $110 million on Royal Challengers Bangalore (RCB).

With a team full of legends and a brand linked directly to his whiskey line, Mallya made RCB a symbol of his larger-than-life persona.

The Kingfisher Dream That Never Took Off

His next move? Aviation.
Kingfisher Airlines took flight in 2005 with a luxury-first mindset—miles ahead of its time. It soon became clear though that high style couldn’t cover deep financial strain.

Rising fuel prices, operational costs, and over-ambition brought Kingfisher down by 2012. This event marked a turning point in Vijay Mallya’s rise and fall, dragging him into a spiraling debt of over ₹9,000 crore.

From Boardroom to Fugitive Headlines

By 2016, Mallya had quietly left India. While the public called it escape, he insisted it was planned business travel. Since then, he has been fighting extradition in the UK, denying all allegations of fraud.

In a 2025 podcast, Mallya made a rare appearance and addressed his downfall: Call me a fugitive, but don’t call me a thief.

Legacy of a Vanished Billionaire

Ironically, in 2025, RCB won their first IPL title. Mallya posted a nostalgic note claiming credit for shaping the team and signing Virat Kohli.

His story continues to stir debate. Was he a visionary undone by a volatile system? Or a billionaire blinded by his own extravagance?

No matter which side you’re on, one thing is clear: Vijay Mallya’s rise and fall remains one of the most fascinating sagas of Indian business.

READ MORE: Bengaluru IPL 2025 Stampede tregedy

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