New Delhi, June 6 -- Kingfisher Airlines owner Vijay Mallya, who once ran a business empire worth millions saw his net worth dwindling in the recent years. After taking up the role of United Breweries Group chairman at the age of 28, the liquor baron expanded into various sectors, including aviation, beverages, and real estate.

Known as the "King of Good Times," the journey of the successful businessman to a fugitive has been full of controversies. As per Forbes, his estimated net worth stood around $750 million in 2013. Meanwhile, Vijay Mallya's latest net worth report dates back to July 2022, when it was estimated to be around $1.2 billion, according to the Independent UK.

In 2012, Kingfisher Airlines came terms with extreme financial...