Vivek Chaand Sehgal

Vivek Chaand Sehgal
Born 1956/1957 (age 61–62)[1]
Residence Delhi, India
Nationality Australian
Education University of Delhi
Occupation Businessman
Years active 1975 - date
Known for Co-founder, Motherson Sumi Systems
Net worth US$6 billion (May 2018)[1]
Title Chairman, Motherson Sumi Systems

Vivek Chaand Sehgal (born 1956/1957) is an Indian-born Australian billionaire businessman; chairman and co-founder of Samvardhana Motherson Group, an auto parts manufacturer.

Early life

Sehgal earned a bachelor's degree from the University of Delhi.[1]

Career

Sehgal co-founded Samvardhana Motherson Group in 1975 along with his mother.[2] Seghal-led companies acquired eleven companies in twelve years.[3]

As of May 2018, Forbes estimated his net worth at US$6 billion,[1] while the Australian Financial Review listed Sehgal as the ninth richest Australian on its 2018 Rich List with an estimated A$5.88 billion worth, after Sehgal acquired Australian citizenship in 2017, making him eligible for the list for the first time.[4]

Personal life

Seghal is married, with two children, and lives in Delhi, India.[1]

References

  1. 1 2 3 4 5 "Vivek Chaand Sehgal". Forbes. Retrieved 18 May 2017.
  2. "High Speed Driver". Business Today. 5 January 2014.
  3. "How VC Sehgal-led Motherson Sumi could manage 11 acquisitions in 12 years". The Economic Times. Retrieved 17 November 2016.
  4. Stensholt, John (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Fairfax Media. Retrieved 26 May 2018.


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