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He is not bad, by he spends a lot on himself, his family and his friends, even when he doesn't have money. He lives a lavish life.

All his business went well. His United-Beverages group is still a very profitable business. The main losses he made was in his

  1. King-Fisher airlines business and 
  2. IPL - He spent over ₹ 5,000,000,000 or Rs. 500 Crores(around $ 75,000,000) on IPL which would have indirectly helped UB, but direct losses made to the investment. 

So, now, his debts over ₹4000 Crores can be cleared by selling his assets across the globe and stock of UB Holdings. 
He is not really fully into trouble yet.

(Written on April 2016)

answered by (888 points)