Vivek Chaand Sehgal | |
|---|---|
 Sehgal in 2017 | |
| Born | 1 February 1957 Delhi, India |
| Nationality | Australian |
| Education | University of Delhi |
| Occupation | Businessman |
| Years active | 1975– |
| Known for | Motherson Sumi Systems |
| Board member of | Motherson Sumi Systems Ltd |
| Children | 2 |
| Notes | |
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.
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]
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]
Seghal is married, with two children, and lives in Delhi, India. [2]
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 | $5.88 billion | $6.00 billion | |
| 2019 [14] [15] | 12 | $5.50 billion | ||
| 2020 [16] [17] | 14 | $4.63 billion | 71 | $2.30 billion |
| 2021 [18] | 18 | $4.76 billion | $3.70 billion | |
| 2022 | 18 | $5.90 billion | ||
| 2023 [19] | 24 | $4.20 billion | ||
| 2024 [20] [9] | 15 | $8.16 billion | 30 | $8.90 billion |
| 2025 [8] | 19 | $8.05 billion | ||
| Legend | |
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| Icon | Description |
| Has not changed from the previous year |
| Has increased from the previous year |
| Has decreased from the previous year |
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