Despite his fugitive status and legal troubles, former RCB owner and Kingfisher Airlines tycoon Vijay Mallya has seen his fortune rise, with reports estimating his net worth at $1.2 billion.
🔴 Key Highlights:
- Mallya’s assets include luxury properties across London, New York, France, and India, including a Trump Plaza penthouse and Le Grande Jardin estate near Cannes.
- Banks have recovered ₹14,131.60 crore against his ₹6,203 crore debt, leading Mallya to contest the “thief” label.
- Mallya appeared before the Karnataka High Court, arguing that his debt repayment far exceeds the original loan amount.
📢 Mallya’s Statement:
- “I didn’t run away. I flew on a prescheduled visit. If you want to call me a fugitive, go ahead. But where is the ‘chor’ (thief) coming from?”.
⚠️ Legal & Financial Impact:
- Mallya continues to fight extradition to India, maintaining that he is willing to return if assured a fair trial.
- His business empire, including stakes in United Breweries, remains financially strong despite legal challenges.
👉 What do you think? Is Mallya’s financial recovery justified despite his fugitive status? Drop your thoughts in the comments!
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