After Dhurandhar Success, Is Arjun Rampal Playing Vijay Mallya Or Lalit Modi In Hansal Mehta's 'Billionaire'?

After the strong response to Dhurandhar, Arjun Rampal is returning to streaming as a business magnate in Hansal Mehta’s new series Billionaire, and fans are already debating the real inspiration. Early chatter links the mysterious character to high-profile Indian tycoons whose lives mix glamour, power and public controversy.

The project adds to Amazon MX Player’s original slate and is set within India’s corporate and political circles. Billionaire is directed by Hansal Mehta with Robbie Grewal, written by Anubhav Chopra and Shantanu Sagara, and produced by Prabhleen Sandhu for Almighty Motion Picture, positioning Rampal at the centre of a complex rise-and-fall narrative.

Arjun Rampal Hansal Mehta Billionaire series and possible Vijay Mallya link

Among the names discussed online, Vijay Mallya stands out as a potential reference point for the story. Known as the 'King of Good Times’, Mallya built a vast business portfolio, lived a high-profile lifestyle, then faced intense legal and financial scrutiny, giving the Billionaire team a ready-made arc of wealth, excess and fallout.

Arjun Rampal Hansal Mehta Billionaire series and Lalit Modi speculation

Another possible figure mentioned by industry watchers is Lalit Modi, former IPL Chief. Lalit Modi is often credited with reshaping cricket entertainment through the IPL’s format and marketing drive. Reports suggest Billionaire may explore themes similar to boardroom battles, power alliances and the eventual collapse that followed rising influence.

Arjun Rampal Hansal Mehta Billionaire series blends fact and fiction

Social media conversations also suggest that Hansal Mehta might not mirror a single biography. Instead, viewers speculate that Billionaire could merge traits, scandals and victories from multiple business leaders into one composite tycoon. This route would keep legal risk lower while preserving curiosity about who influenced Arjun Rampal’s character.

For now, the makers are keeping the plot specifics hidden and stressing broader ideas. Billionaire is described as a gritty take on ambition, control and the heavy price of success in modern India. The guessing game continues: is Rampal portraying a 'Billionaire' Vijay Mallya or a mastermind Lalit Modi? "Only time will tell!"