Vivek Chaand Sehgal net worth
Current Net Worth – $2.4 Billion (USD – 240 Crores), (Rupees – 18.5 Thousand Crores)
Vivek Chaand Sehgal short biography
|Net Worth||$2.4 Billion|
|Born||February 1, 1957 (Age – 64)|
|Identified as||Chairman and Co-founder of Samvardhana Motherson Group|
|Education||Delhi University, Bachelor of Arts/Science|
Vivek Chaand Sehgal has a net worth of $2.4 Billion (Rupees – 18,546 Crores), making him one of the Top 100 Richest men in India.
He is a billionaire entrepreneur who was born in India and raised in Australia.
Sehgal is CEO and co-founder of the car parts maker Samvardhana Motherson Group.
Samvardhana Motherson Group, founded in 1975, is chaired by Vivek Chaand Sehgal and has a revenue of $11.3 billion.
The company, which is partnered with Sumitomo Wiring Systems of Japan, has 271 facilities in 41 countries.
Motherson Sumi Systems, India’s largest auto component manufacturer by sales, provides Sehgal with the majority of his fortune.
Motherson Sumi Systems’ domestic wiring harness company will be demerged and listed separately by Sehgal.
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Vivek Chaand Sehgal biography
|Full Name||Vivek Chaand Sehgal|
|Height||5,5 feet, 167 cm|
Vivek Chaand Sehgal was born on February 1, 1957.
He attended Birla Public School in Pilani, Rajasthan, for his education.
Sehgal graduated from the University of Delhi with a bachelor’s degree in Arts.
Sehgal’s grandfather worked as a jeweler. In 1975, Sehgal and his mother co-founded the Samvardhana Motherson Group and joined the silver trade. After a rival went bankrupt, Samvardhana Motherson Group’s future in the silver industry was jeopardized.
Instead, the Samvardhana Motherson Group became an auto component manufacturer, finally establishing a relationship with Sumitomo Electric and acquiring eleven companies over the course of twelve years.
Sehgal was the managing director of the company from 1975 to 1995 when he stepped down from day-to-day operations and became chairman of the company.
Sehgal received the EY Entrepreneur of the Year Award for India in 2016.
Private & early life
Seghal lives in Delhi, India, with his wife and two daughters.
Sehgal was born in the Indian city of Dehli on February 1, 1957.
Net worth statistics
- March 2014 – $1.0 B
- March 2015 – $2.8 B
- March 2016 – $2.1 B
- March 2017 – $3.7 B
- March 2018 – $6.0 B
- March 2019 – $3.4 B
- April 2020 – $1.7 B
- April 2021 – $3.5 B
- April 2022 – $2.6 B