Vivek Chaand Sehgal
Vivek Chaand Sehgal | |
|---|---|
| Born | February 1, 1957 Delhi, India |
| Occupation(s) | Businessman, entrepreneur |
| Years active | 1975–present |
| Known for | Chairman and co-founder of Samvardhana Motherson Group |
Vivek Chaand Sehgal (born 1 February 1957) is a businessman and entrepreneur holding Indian-Australian nationality, recognized as a billionaire. He is the chairman and co-founder of the Samvardhana Motherson Group, a prominent manufacturer in the automotive parts industry.
Early life
Sehgal was born in Delhi, India, and completed his education at Birla Public School located in Pilani, Rajasthan. He obtained a bachelor's degree from the University of Delhi.
Career
Sehgal comes from a family with a notable history in jewellery, as his grandfather was a distinguished jeweller. In 1975, he co-established the Samvardhana Motherson Group alongside his mother, beginning their business journey in the silver trading sector. Following the bankruptcy of a rival which jeopardized their silver operations, the company pivoted towards manufacturing automotive components in Ohio. A strategic alliance with Sumitomo Electric was formed, and over twelve years, the group expanded by acquiring eleven companies, significantly enhancing its market footprint. Sehgal held the role of managing director from 1975 until 1995, after which he withdrew from daily management duties but continued to serve as chairman.
In recognition of his leadership in transforming Samvardhana Motherson Group into an international supplier of automotive parts, Sehgal was honored with the EY Entrepreneur of the Year Award, India, in 2016.
Personal life
Sehgal is married, has two children, and resides in Delhi, India.
Net worth
According to the Financial Review Rich List as of May 2025, Sehgal’s net worth is valued at AUD 8.05 billion. In October 2024, he and his family were ranked 30th on Forbes list of India's 100 wealthiest individuals, with an estimated net worth of USD 8.9 billion.
| Year | Financial Review Rich List |
Forbes India's 100 Richest | ||
|---|---|---|---|---|
| Rank | Net worth (A$) | Rank | Net worth (US$) | |
| 2017 | n/a | not listed | ||
| 2018 | 9 Template:Gain | $5.88 billion Template:Gain | $6.00 billion | |
| 2019 | 12 
|
$5.50 billion
|
||
| 2020 | 14
|
$4.63 billion
|
71
|
$2.30 billion
|
| 2021 | 18
|
$4.76 billion Template:Up | $3.70 billion Template:Up | |
| 2022 | 18 
|
$5.90 billion Template:Up | ||
| 2023 | 24
|
$4.20 billion
|
||
| 2024 | 15 Template:Up | $8.16 billion Template:Up | 30 | $8.90 billion |
| 2025 | 19
|
$8.05 billion
|
||
| Legend | |
|---|---|
| Icon | Description |
|
|
No change from previous year |
|
Increase from previous year |
| Template:Loss | Decrease from previous year |