This richest Indian in Australia has a $5.4 billion net worth, ranks 717 on Forbes, and leads a top automotive manufacturer – Trending News

It is not a small accomplishment to become a billionaire outside of your home country. This can only happen after decades of hard work, right judgement, and a vision that transcended national boundaries.

The life of Indian-born businessman Vivek Chaand Sehgal, who is currently based in Australia, is one such. Sehgal is the richest Indian in Australia, with a net worth of $5.5 billion (roughly Rs 45,700 crore), is the head of the Motherson Group, a $23 billion global leader in the automotive and aerospace manufacturing industries.

Vivek Chaand Sehgal’s early life

Vivek Chaand Sehgal was born in 1957 in Delhi and was raised in a family that traded silver. Due to financial difficulties, he and his mother, Swarn Lata Sehgal, began a business in 1975 that initially produced silver but soon switched to producing automotive components.

Over the years, the Motherson Group expanded its reach, becoming one of the largest suppliers of auto parts worldwide. The company’s impressive client list includes some of the most respected car manufacturers.

The Motherson Group’s primary business is still automotive parts, but it has expanded into the aerospace sector by providing parts to Airbus aircraft.

With his son Laksh Vaaman Sehgal now handling important duties, Vivek Chaand Sehgal still serves as the company’s leader. The company prioritises innovation and growing the business worldwide.

What is Vivek Chaand Sehgal’s net worth?

With an estimated net worth of $5.4 billion (roughly Rs 45,700 crore), Vivek Chaand Sehgal is the richest Indian living in Australia. He is regarded as the wealthiest Indian living in Australia, ranking 717th on the Forbes list.

The Motherson Group, a global automotive and aerospace manufacturing conglomerate with yearly sales of about $23 billion, is largely responsible for his wealth.

Sehgal is a significant player in the global manufacturing sector because his company supplies well-known international brands like BMW, Mercedes, Ford, Toyota, and Volkswagen.

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