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Mallya relieved at losing billionaire tag
MUMBAI - It might be considered the latest blow to his troubled empire, but India’s Kingfisher Airways tycoon Vijay Mallya professed relief on Friday at losing his billionaire ranking in Forbes magazine.
Mallya, known as the “King of Good Times” and the owner of a Formula One team, dropped to 73rd place in India’s rich list on Thursday with a net worth of $800 million, down from $1.1 billion last year, the US publication’s website said.
“Thanks to the Almighty that Forbes has removed me from the so called billionaires list. Less jealousy, less frenzy and wrongful attacks,” Mallya wrote on Twitter to his nearly 1.5 million followers.
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