Vijay Mallya Net Worth: Ex-Kingfisher Kingpin Still Owns Rs 4,400 Cr In 2 Multibagger Liquor Stocks, Who?

The former Kingfisher kingpin, Vijay Mallya is once again the talk of the town, after his interview with popular YouTuber Raj Shamani, where he shed light on his latest financial crimes in India, former Kingfisher Airlines, various businesses, Bollywood celebrities and his lavish lifestyle when he was in India.

Mallya, who was once called the 'King of Good Times', had a journey of fame to defame, to flee to Britain with alleged charges of financial crimes by the Indian government. But did you know, that despite staying away from India, Vijay Mallya still owns three liquor stocks on BSE and NSE, with his holding valued at more than Rs 4,400 crore as of June 9, 2025?

Here are these 3 liquor stocks:

As per corporate shareholdings filed for March 31, 2025, people matching Vijay Mallya publicly hold 3 stocks with a net worth of over Rs 4,466.7 crore, according to Trendlyne data.

United Breweries Ltd:

Vijay Mallya's largest holding is in United Breweries Ltd, an alcohol and beverages company. His shareholding is as much as 21,353,620 equity shares or 8.08% to Rs 4,456.7 crore. Mallya is still the largest Individual/Hindu undivided Family under the promoter group of UBL.

The stock is currently at Rs 2087 apiece, with a market cap of Rs 55,181.35 crore. The stock is nearing its 52-week high of Rs 2,299.40 apiece, while its return on equity is stable at 10.06%.

In the past six months, UBL shares are up by 6.4%, while YTD, the performance is marginally lower. In a year, the stock dipped by nearly 3%. However, in the long term, UBL shares have gained by whopping 105.43% in 5-years so far. UBL's all-time gains are a whopping 16,959.79%. Once upon a time, UBL shares were below Rs 13 on October 25, 2002.

United Breweries Limited (UBL), a part of HEINEKEN Company is India's leading beer manufacturer, with a rich history dating back to 1915 was started with 5 breweries in South India, the oldest of which, Castle Breweries, dates to 1857. UBL has established itself as a pioneer in the Indian beer industry, renowned for its innovative strategies and commitment to delivering 'Good Times'.

UBL's diverse portfolio includes well-known brands such as Kingfisher Strong, Kingfisher Premium, Kingfisher Ultra, Kingfisher Ultra Max, Kingfisher Ultra Witbier, Queenfisher Premium, Kingfisher Storm, Heineken, Heineken Silver, Amstel, and Heineken 0.0, along with Kingfisher Premium Water and Kingfisher Soda.

United Spirits:

United Spirits is a part of United Breweries Holdings, owned by Dutch company Heineken N.V. However, as of March 31, 2025, Mallya holds as much as 62,550 equity shares or 0.01% in United Spirits, which is worth Rs 10 crore as of now. In the promoter group, an investment company named 'Vittal Investments Private Limited, which is named after Vijay's father Vittal Mallya, has 1,56,350 equity shares or 0.02%.

United Spirits Ltd, the flagship company of the UB Group, achieved the milestone of selling 100 million cases, becoming the second-largest spirits company in the world by volume, under Mallya's chairmanship. In 2012, Mallya ceded management control of United Spirits Limited to global spirits giant Diageo, retaining a minority stake in the business. In February 2015 Mallya was forced to resign as chairman of United Spirits, and he contracted to receive a $75 million severance payment as part of that deal, but the courts in India have blocked that payment, as per Wikipedia.

After trading hours of June 9, 2025, United Spirits share price is at Rs 1592.15 apiece on BSE, with a market cap of Rs 1,15,805.17 crore. United Spirits is also nearing its 52-week high of Rs 1,700 apiece and has a healthy return on equity (RoE) of 20.57%.

In the past six months, United Spirits' share price surged by nearly 6% but is down by 4% YTD. In a year, United Spirits stock gained by nearly 21%, while the stock rallied by 158% in 5 years. All-time gains of United Spirits is mind-boggling by 24,113.09%. The stock was below Rs 7 on September 28, 2001.

Incorporated in India as United Spirits Limited (USL), Diageo India is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). The company has 36 manufacturing facilities across states and union territories in India, and its world-class portfolio includes premium brands such as Johnnie Walker, Black Dog, Black & White, Vat 69, Antiquity, Signature, Singleton, Royal Challenge, McDowell's No 1, Smirnoff, Ketel One, Tanqueray and Captain Morgan.

McDowell Holdings Ltd:

This stock is suspended on exchanges due to penal reasons. However its latest shareholding data on BSE showed that Mallya held only 2 equity shares as of March 31, 2025. According to Trendlyne data, the holding is valued at around Rs 138 crore.

McDowell Holdings Limited (formerly known as McDowell India Spirits Limited), was incorporated on March 1, 2004, with the Registrar Companies, Karnataka, under the name and style of "United Golden Beverages Limited". Later on from March 31, 2004, the name was changed to McDowell India Spirits Limited. In terms of the Composite Scheme of Arrangement, Sanctioned by the Hon'ble High Court of Karnataka, the investment business of McDowell & Company Limited (since renamed as United Spirits Limited), was demerged into the Company, with effect from the opening hours of April 1, 2005, being the Demerged Appointed Date. As an integral part of the Scheme, the name of the Company was changed to McDowell Holdings Limited, with effect from October 17, 2006.

Vijay Mallya Net Worth:

Mallya's net worth once stood at $750 million in 2013, as per Forbes data. The last reported net worth of Mallya is said to be $1.2 billion, which was published by Independent UK in July 2022. After the collapse of Kingfisher Airlines, Mallya has been accused of money laundering, misappropriation, and fraud, and called a "willful defaulter" under Indian law. Mallya is accused of defaulting against a consortium of 13 banks for debt worth more than Rs 9,000 crore. In March 2016, the consortium led by SBI had urged the Supreme Court to stop Mallya from fleeing India due to the pending loans his companies owed to repay. However, Mallya was reported to have left India before that.

In July 2020, Indian media reported that Mallya had offered a settlement package of Rs 139.60 billion (equivalent to Rs 160 billion or US$1.9 billion in 2023) as against a total principal amount of Rs 90 billion (equivalent to Rs 110 billion or US$1.3 billion in 2023) to the consortium of Indian bankers pursuing litigation against him; this settlement was not accepted by the bankers, as per Wikipedia.