Vivek Chaand Sehgal

Sehgal was born on 1 February 1957 in Dehli, India.[1] He did his schooling from Birla Public School in Pilani, Rajasthan. Sehgal earned a bachelor's degree from the University of Delhi.[4]

Sehgal’s grandfather was a well-known jeweller. In 1975 Sehgal co-founded Samvardhana Motherson Group with his mother, and entered the silver trade.[1][5] Samvardhana Motherson Group's future in the silver industry was placed in jeopardy after a competitor faced bankruptcy.[1] Samvardhana Motherson Group became a manufacturer of auto components instead, eventually forming a partnership with Sumitomo Electric[1] and acquired eleven companies in twelve years.[6] Sehgal served as managing director from 1975 until 1995 and stepped back from the day-to-day operations of the business,[1] and has subsequently served as chairman of the group.[7]

In 2016 Sehgal was awarded the EY Entrepreneur of the Year Award, India.[8][9]

Seghal is married, with two children, and lives in Delhi, India.[4]

Net worth

As of May 2018, Forbes estimated his net worth at US$6 billion,[4] 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.[10]

Year	Financial Review Rich List		Forbes India's 100 Richest
	Rank	Net worth (A$)	Rank	Net worth (US$)
2017[11][12][13]	n/a	not listed
2018[10][4]	9	$5.88 billion		$6.00 billion
2019[14][15]	12	$5.50 billion
2020[2][3]	14	$4.63 billion	71	$2.30 billion

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