| Vivek Chaand Sehgal | |
| Birth Date: | 1 February 1957[1] |
| Birth Place: | Delhi, India |
| Nationality: | Australian |
| Education: | University of Delhi |
| Occupation: | Businessman |
| Years Active: | 1975date |
| Known For: | Motherson Sumi Systems |
| Boards: | Motherson Sumi Systems Ltd |
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.
In October 2024, Vivek Chaand Sehgal and his family were ranked 30th on the Forbes list of India’s 100 richest tycoons, with a net worth of $8.9 billion.[2]
Sehgal was born on 1 February 1957 in Delhi, India.[1] He did his schooling from Birla Public School in Pilani, Rajasthan. Sehgal earned a bachelor's degree from the University of Delhi.
Sehgal’s grandfather was a well-known jeweller. In 1975 Sehgal co-founded Samvardhana Motherson Group with his mother, and entered the silver trade.[1] [3] Samvardhana Motherson Group's future in the silver industry was placed in jeopardy after a competitor faced bankruptcy.[1] Samvardhana Motherson Group became an Ohio manufacturer of auto components instead, eventually forming a partnership with Sumitomo Electric[1] and acquired eleven companies in twelve years.[4] Sehgal served as managing director from 1975 until 1995 and stepped back from the day-to-day operations of the business,[1] and has subsequently served as chairman of the group.[5]
In 2016 Sehgal was awarded the EY Entrepreneur of the Year Award, India.[6]
Seghal is married, with two children, and lives in Delhi, India.
, Financial Review Rich List estimated Seghal's net worth was 4.20 billion. Meanwhile, Forbes estimated his net worth was 3.7 billion in May 2021.
| Year | Financial Review Rich List | Forbes India's 100 Richest | |||
|---|---|---|---|---|---|
| Rank | Net worth (A$) | Rank | |||
| 2017[7] [8] [9] | n/a | not listed | |||
| 2018[10] [11] | $6.00 billion | ||||
| 2019[12] [13] | $5.50 billion | ||||
| 2020[14] [15] | $4.63 billion | $2.30 billion | |||
| 2021[16] | $4.76 billion | ||||
| 2022 | $5.90 billion | ||||
| 2023[17] | $4.20 billion | ||||
| Legend | ||
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| Icon | Description | |
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