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 Sehgal was born on 1 February 1957 in Delhi, India. He did his schooling from Birla Public School in Pilani, Rajasthan. Sehgal earned a bachelor's degree from the University of Delhi.
Career Sehgal’s grandfather was a well-known jeweller. In 1975 Sehgal co-founded Samvardhana Motherson Group with his mother, and entered the silver trade. Samvardhana Motherson Group's future in the silver industry was placed in jeopardy after a competitor faced bankruptcy. Samvardhana Motherson Group became manufacturer of auto components instead, eventually forming a partnership with Sumitomo Electric and acquired eleven companies in twelve years. Sehgal served as managing director from 1975 until 1995 and stepped back from the day-to-day operations of the business, and has subsequently served as chairman of the group.
In 2016 Sehgal was awarded the EY Entrepreneur of the Year Award, India.
Personal life Seghal is married, with two children, and lives in Delhi, India.
Net worth , the Financial Review 2025 Rich List estimated Seghal's net worth was 8.05 billion. 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 8.9 billion.
Year Financial ReviewRich List ForbesIndia's 100 Richest Rank Net worth (A$) Rank 2017 n/a not listed 2018 $5.88 billion 2019 $5.50 billion 2020 $4.63 billion $2.30 billion 2021 $4.76 billion $3.70 billion 2022 $5.90 billion 2023 $4.20 billion 2024 $8.16 billion $8.90 billion 2025 $9.05 billion
Legend Icon DescriptionHas not changed from the previous yearHas increased from the previous yearHas decreased from the previous year
References