Vivek Chaand Sehgal

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

Vivek Chaand Sehgal
Born1956/1957 (age 62–63)[1]
NationalityAustralian
EducationUniversity of Delhi
OccupationBusinessman
Years active1975 - date
Known forCo-founder, Motherson Sumi Systems
Net worth US$2.8 billion (November 2019)[1]
TitleChairman, Motherson Sumi Systems

Early life

He did his schooling from Birla Public School in Pilani, Rajasthan. 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, 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. "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. India. Retrieved 17 November 2016.
  4. Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review. Retrieved 26 May 2018.
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