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Vivek Chaand Sehgal
Indian-Australian businessman From Wikipedia, the free encyclopedia
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Vivek Chaand Sehgal (born 1 February 1957) is an Indian-Australian billionaire businessman and entrepreneur. Sehgal is the chairman and co-founder of Samvardhana Motherson Group, an auto parts manufacturer.
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Early life
Sehgal was born on 1 February 1957 in Delhi, India.[1] He did his schooling from Birla Public School in Pilani, Rajasthan.[citation needed] Sehgal earned a bachelor's degree from the University of Delhi.[2]
Career
Sehgal’s grandfather was a well-known jeweller. In 1975 Sehgal co-founded Samvardhana Motherson Group with his mother, and entered the silver trade.[1][3] Samvardhana Motherson Group's future in the silver industry was placed in jeopardy after a competitor faced bankruptcy.[1] Samvardhana Motherson Group became an Ohio manufacturer of auto components instead, eventually forming a partnership with Sumitomo Electric[1] and acquired eleven companies in twelve years.[4] Sehgal served as managing director from 1975 until 1995 and stepped back from the day-to-day operations of the business,[1] and has subsequently served as chairman of the group.[5]
In 2016 Sehgal was awarded the EY Entrepreneur of the Year Award, India.[6][7]
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Personal life
Seghal is married, with two children, and lives in Delhi, India.[2]
Net worth
As of May 2025[update], the Financial Review 2025 Rich List estimated Seghal's net worth was A$8.05 billion.[8] In October 2024, Sehgal and his family were ranked 30th on the Forbes list of India's 100 richest people, with a net worth of US$8.9 billion.[9]
References
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