Vijay Mallya's net worth drops by $50 million

Vijay Mallya's net worth has dropped by $50 million in the last year to $750 million, mainly owing to his beleaguered venture-Kingfisher Airlines, which has not flown since last October. The flamboyant Mr Mallya's ranking in Forbes' rich list has also come down 11 places to 84th position In Forbes' latest list of 100 richest released today, Mr Mallya is ranked at 84th position in 2013, a drop from 73rd place in the preceding ...