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Vijay Mallya Drops Out Of Billionaire Ranks

Forbes - 25 Oct 2012 22:43
Vijay Mallya Drops Out Of Billionaire Ranks Some more bad news for Vijay Mallya, the“King of Good Times” : he’s no longer a member of the billionaires’ club. The bad times Mallya’s been facing lately as he battles to save his debt-laden Kingfisher Airlines, have taken a toll on his wealth. His fortune is down from $1.1 billion last year to an estimated $800 million pushing him 24 spots down in the rankings from No.49 last year to No.74. Coincidentally, occupying No.49 this year is Rahul Bhatia, owner of th...
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