Vivek Chaand Sehgal | |
|---|---|
 Sehgal in 2017 | |
| Born | 1 February 1957 [1] Delhi, India |
| Nationality | Australian |
| Education | University of Delhi |
| Occupation | Businessman |
| Years active | 1975–date |
| Known for | Motherson Sumi Systems |
| Board member of | 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.
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 2023 [update] , Financial Review Rich List estimated Seghal's net worth was A$4.20 billion. [8] Meanwhile, Forbes estimated his net worth was US$3.7 billion in May 2021. [2] [ clarification needed ]
| Year | Financial Review Rich List | Forbes India's 100 Richest | ||
|---|---|---|---|---|
| Rank | Net worth (A$) | Rank | Net worth (US$) | |
| 2017 [9] [10] [11] | n/a | not listed | ||
| 2018 [12] [2] | 9 | $5.88 billion | $6.00 billion | |
| 2019 [13] [14] | 12 | $5.50 billion | ||
| 2020 [15] [16] | 14 | $4.63 billion | 71 | $2.30 billion |
| 2021 [17] | 18 | $4.76 billion | ||
| 2022 | 18 | $5.90 billion | ||
| 2023 [8] | 24 | $4.20 billion | ||
| Legend | |
|---|---|
| Icon | Description |
| Has not changed from the previous year |
| Has increased from the previous year |
| Has decreased from the previous year |
Gerry Harvey is an Australian entrepreneur best known for being the executive chairman of Harvey Norman Holdings, a company which runs Australian retail chain Harvey Norman. He co-founded it with Ian Norman in 1982.
Lloyd J. Williams is an Australian property developer and businessperson, with significant interests in thoroughbred horse racing. He holds the record as a thoroughbred owner to have won the Melbourne Cup on the most occasions, his most recent in 2020 with Twilight Payment.
Xu Rongmao, or Hui Wing Mau in Cantonese, is a Chinese-Australian entrepreneur and billionaire, and the founder and the chairman of Shimao Property. Xu is estimated to be one of the largest property developers in Shanghai. According to Forbes in 2021, his net worth is estimated at $10.3bn.
Maha Sinnathamby AM is an Australian businessman and property developer. He is the entrepreneur behind the Greater Springfield Development in Queensland, the largest master-planned community in Australia.
Alex Waislitz OAM is an Australian investor.
Michael Cannon-Brookes is an Australian billionaire business magnate who is the co-founder and co-CEO of software company Atlassian.
David Hains was an Australian billionaire businessman, engineer, and horse breeder. He was the founder and once CEO of Portland House Group, Australia’s largest private investments management firm and hedge fund. According to Forbes, Hains had a personal net-worth of an estimated $2.89 billion, making him Australia’s 18th richest person.
Angela Bennett is an Australian mining heiress and businesswoman.
Chris Wallin is an Australian geologist and businessman. He is the Managing Director of QCoal Group and Chairman of the QCoal Foundation.
Dr Shesh Ghale is a Nepalese born Australian businessman, billionaire and the former president of Non Resident Nepali Association (NRNA). Based in Melbourne, Victoria, Ghale is the CEO of Melbourne Institute of Technology (MIT), which he co-founded with his wife, Jamuna Gurung.
Scott Farquhar is an Australian billionaire business magnate who is the co-founder and co-CEO of software company Atlassian. Farquhar often carries the epithet of accidental billionaire after he and his business partner Mike Cannon-Brookes founded Atlassian with the aim to replicate the A$48,500 graduate starting salary typical at corporations without having to work for someone else.
Mark Gareth Creasy is a Western Australian mining entrepreneur.
David Siang Hai Teoh is an Australian businessman. Until March 26, 2021, he was the executive chairman of TPG, a company he founded with his Taiwanese wife Vicky in 1992 after emigrating from Malaysia in 1986. He is also the founder and executive chairman of Tuas Limited, who owns Simba Telecom, a telecommunications company in Singapore.
Maurice Alter is an Australian billionaire property developer.
Brett Blundy is an Australian billionaire businessman. He is the founder and former chairman of BB Retail Capital, which owns companies such as Sanity Entertainment, Bras N Things, and Aventus Property Group. He is part-owner of BridgeClimb Sydney, one of Australia's biggest tourist attractions. In 2015 Blundy expanded his business operations into cattle farming.
Manny Stul is an Australian billionaire, and the CEO of Moose Toys, a company he took over in 2000, with sales subsequently increased by over 7,000%.
Jamuna Gurung is an Australian businesswomen of Nepalese origin, executive director and managing director of the Melbourne Institute of Technology, in Victoria, Australia, which she co-founded with her husband, Shesh Ghale.
Salvatore "Sam" Tarascio is an Italian-born Australian billionaire businessman. Tarascio owns a portfolio of commercial and industrial real estate across Melbourne, including a business park, two distribution sites, a large shopping mall and a market. In 1972 Tarascio founded Salta Properties, a privately owned company, after buying swampland and constructing a warehouse for Hoechst. Prior to entering the property market, Tarascio worked in pharmaceutical sales.
Leonard Hasting "Len" Ainsworth is an Australian businessman, most widely known for founding Aristocrat Leisure, one of the world's largest gambling-machine companies. He founded the company in 1953, and remained active until 1994; and later founded Ainsworth Gaming Technology, and was an executive director until 2019.
Gretel Lees Packer is an Australian billionaire investor and philanthropist.
  | This Indian business-related biographical article is a stub. You can help Wikipedia by expanding it. |