BILLIONAIRES WHO LOST ALL
(Vijay Mallya) Patricia Kluge John Kluge was once the richest in the world. His personal wealth in 1990 was $5 billion. At the time of divorce John's wife Patricia Kluge was left with $1 million in alumni and she also received the lavish estate in the Virginia country side. She developed the estate into a winery and vineyard. She then took a loan of $65 million to start a real estate business. She built over a dozen luxury villas. Patricia was forced to default on her loans after the banking and housing crisis in 2008. That led to the sale of Virginia estate and her other valuable possessions. She came to the rock bottom level. The Virginia estate, winery and vineyard of Patricia Kluge was purchased by Donald Trump. Vijay Mallya Vijay Mallya took over the business from his father at the age of 28. He turned this into a multi-billion dollar business firm. He himself became the "King of Good Times." H...