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Saturday, June 09, 2007

India's Life of the Party

via BW:
Even in a country thats minting millionaires by the hundreds, [Vijay Mallya] the silver-maned liquor baron is in a class by himself. His net worth is estimated at $1.5 billion—a figure he doesn't quibble with. And hes not shy about flaunting his wealth, with a collection of 42 homes scattered across the world, 250 vintage cars, a customized Boeing 727 and two other corporate jets, and three yachts—including the Kalizma, a 165-footer once owned by actor Richard Burton. "Everybody calls me flamboyant, as though it's my middle name, but I've always been the way I am," he says during an interview at his sprawling, 10-bedroom Mumbai home overlooking the Arabian Sea. Mallya is dressed down, in jeans and a bright red T-shirt emblazoned with the Kingfisher insignia. But as usual hes dripping with jewelry—gold chains, an antique diamond-studded watch, diamond earrings, and a gigantic bracelet with his initials spelled out in diamonds. [DR Note - He's watched one too many rap videos]

"Still, Mallya remains quintessentially Indian. He refrains from negotiating during Rahukalam, the hours during the day that some Hindu faithful believe are unlucky. And he has his planes blessed at Tirupati, a Hindu temple in southern India, before putting them into service. "

Friday, June 08, 2007

Vijay Mallya is not your typical brewer / Owner of Mendocino Brewing Co. is a member of India's Parliament - and more

via SF Chonicle: "'Rajiv Gandhi, the former prime minister of India, once said that only 10 percent of what is allocated for rural development reaches the people, and the other 90 percent is lost to corruption and inefficiency,' Mallya said. 'We are not a poor country. ... We are among the top five industrialized nations in the world. We have huge natural resources. We have a vibrant agricultural economy and among the lowest cost of agricultural production in the world. We have huge food surpluses. In the high-tech fields of information technology and software development, we are world-beaters.

'Why is India still referred to as a poor country? Because the billions allocated to the poor don't get to the poor. It's a big challenge,' he said. 'It's all a question of management and discipline.'"