Vivek Chaand Sehgal (born 1 February 1957) is an Indian-Australian

billionaire A billionaire is a person with a net worth of at least 1,000,000,000, one billion units of a given currency, usually of a major currency such as the United States dollar, euro, or pound sterling. It is a sub-category of the concept of the ultr ...

businessman and

entrepreneur Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones. An entreprene ...

. 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 Delhi, officially the National Capital Territory (NCT) of Delhi, is a city and a union territory of India containing New Delhi, the capital of India. Straddling the Yamuna river, but spread chiefly to the west, or beyond its Bank (geography ...

, India. He did his schooling from

Birla Public School Vidya Niketan Birla Public School Pilani is a boarding school A boarding school is a school where pupils live within premises while being given formal instruction. The word "boarding" is used in the sense of "room and board", i.e. lodging ...

Pilani Pilani is a town located in the Jhunjhunu district of Rajasthan, India. The town is well known as the location of BITS Pilani. Demographics , Pilani has a population of 29,741 of which 51% are males and 49% females. The average literacy rate is ...

Rajasthan Rajasthan (; Literal translation, lit. 'Land of Kings') is a States and union territories of India, state in northwestern India. It covers or 10.4 per cent of India's total geographical area. It is the List of states and union territories of ...

. Sehgal earned a bachelor's degree from the

University of Delhi The Delhi University (DU, ISO 15919, ISO: ), also and officially known as the University of Delhi, is a collegiate university, collegiate research university, research Central university (India), central university located in Delhi, India. It ...

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 an Ohio manufacturer of auto components instead, eventually forming a partnership with

Sumitomo Electric is a manufacturer of electric wire and optical fiber cables. Its headquarters are in Chūō-ku, Osaka, Japan. The company's shares are listed in the first section of the Tokyo, Nagoya Stock Exchanges, and the Fukuoka Stock Exchange. In the peri ...

and acquired eleven companies in twelve years. Sehgal served as

managing director A chief executive officer (CEO), also known as a chief executive or managing director, is the top-ranking corporate officer charged with the management of an organization, usually a company or a nonprofit organization. CEOs find roles in variou ...

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 The ''Australian Financial Review'' (''AFR'') is an Australian compact daily newspaper with a focus on business, politics and economic affairs. The newspaper is based in Sydney, New South Wales, and has been published continuously since its foun ...

'' 2025 Rich List estimated Seghal's

net worth Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Financial assets minus outstanding liabilities equal net financial assets, so net w ...

was 8.05

billion Billion is a word for a large number, and it has two distinct definitions: * 1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is now the most common sense of the word in all varieties of ...

. In October 2024, Sehgal and his family were ranked 30th on the ''

Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...

'' list of India's 100 richest people, with a net worth of 8.9 billion.

References

Businesspeople from Delhi Living people 1957 births Australian billionaires Delhi University alumni Indian emigrants to Australia Naturalised citizens of Australia {{India-business-bio-stub