Portrait of Vivek Chaand Sehgal

Rank #595

Vivek Chaand Sehgal

Net worth $6.7B

Auto parts · Australia

Born
Sep 28, 1956
Age
69
Source
Auto parts
Residence
Delhi
Citizenship
Australia
Marital status
Widowed
Children
2
Education
Bachelor of Arts/Science, Delhi University

Net worth over time

Biography

  • Vivek Chaand Sehgal is the chairman of the $23 billion (revenue) Motherson Group, which he established with his mother in 1975.
  • Sehgal draws the biggest chunk of his wealth from autoparts flagship Samvardhana Motherson International, formerly known as Motherson Sumi.
  • In 2022, he hived off the India wiring harness business and listed it as Motherson Sumi Wiring India on the Indian bourses.
  • The group's clients include BMW, Ford, Mercedes, Toyota and Volkswagen.
  • His son Laksh Vaaman Sehgal is a director on the boards of both Samvardhana Motherson International and Motherson Sumi Wiring India.
  • Sehgal founded the company with his mother as a silver trading outfit, hence the name Motherson.

Financial assets

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