In Australia as well as India, Vivek Chaand Sehgal is a well-known millionaire businessman. The 66-year-old is the co-founder of the $12.5 billion (in revenue) Motherson Group. In commercial terms, this empire is worth about Rs 86,180 crore. The richest Indian in Australia, according to reports, is him.
Sehgal was born on 28th September, 1956 in Delhi, India. He did his schooling from Birla Public School in Pilani, Rajasthan Sehgal earned a bachelor’s degree from the University of Delhi.
In 1975, he and his late mother Shrimati Swaran Lata Sehgal launched the business as a silver trading enterprise. Therefore, the name, Motherson. He is the founder of Samvardhana Motherson Group. His father was a mining engineer and was an inspiration for him to venture in business.
Sehgal held the position of managing director till 1995 before moving away from the day-to-day management of the company. Since then, he has held the position of chairman of the group. The group’s clients are some of the biggest companies of the world- Audi, BMW, Mercedes, Maruti Suzuki and Volkswagen.
As per Forbes report 2023, Vivek has a net worth of $4billion making him one of the richest Indians in Australia
