Vivek Chaand Sehgal
Vivek Chaand Sehgal | |
|---|---|
| File:Vivek Chaand Sehgal, Chairman, Samvardhana Motherson Group (35566596476).jpg Sehgal in 2017 | |
| Born | 28 September 1956 Delhi, India |
| Education | University of Delhi |
| Occupation | Businessman |
| Years active | 1975– |
| Known for | Motherson Sumi Systems |
| Board member of | Motherson Sumi Systems Ltd |
| Children | 2 |
| Notes | |
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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.
Early life
[edit | edit source]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
[edit | edit source]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]
Personal life
[edit | edit source]Seghal is married, with two children, and lives in Delhi, India.[2]
Net worth
[edit | edit source]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$8.9 billion.[9]
| Year | Financial Review Rich List |
Forbes India's 100 Richest | ||
|---|---|---|---|---|
| Rank | Net worth (A$) | Rank | Net worth (US$) | |
| 2017[10][11][12] | n/a | not listed | ||
| 2018[13][2] | 9 Increase | $5.88 billion Increase | $6.00 billion | |
| 2019[14][15] | 12 Decrease | $5.50 billion Decrease | ||
| 2020[16][17] | 14 Decrease | $4.63 billion Decrease | 71 Decrease | $2.30 billion Decrease |
| 2021[18] | 18 Decrease | $4.76 billion Increase | $3.70 billion Increase | |
| 2022 | 18 Steady | $5.90 billion Increase | ||
| 2023[19] | 24 Decrease | $4.20 billion Decrease | ||
| 2024[20][9] | 15 Increase | $8.16 billion Increase | 30 | $8.90 billion |
| 2025[8] | 19 Decrease | $8.05 billion Decrease | ||
| Legend | |
|---|---|
| Icon | Description |
| Steady | Has not changed from the previous year |
| Increase | Has increased from the previous year |
| Decrease | Has decreased from the previous year |
References
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- ^ Vivek Chaand Sehgal : Entrepreneur Of The Year 2016 Award Winner on YouTube
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