Vivek Chand Sehgal, who hails from a family of jewellers, is the richest Indian in Australia. The billionaire became an entrepreneur at the age of 18. He eventually shifted the primary focus of his family business to the automotive industry, which brought him 'financial' gains and allowed him to head a Rs 1 lakh crore company. Scroll down to know more about Sehgal's inspiring journey to becoming one AustraliaThe richest Indian…
Meet the richest Indian in Australia, a billionaire businessman who once earned Rs 2500 monthly and now has a net worth of Rs 64,652 crore
According to Forbes, Vivek Chand Sehgal is the richest Indian in Australia with a net worth of $7.7 billion (roughly Rs. 64,652 crores). He is the chairman of Motherson Group, a leading auto parts manufacturer with a presence in 41 countries and a revenue of $12.7 billion (roughly Rs. 1 lakh crores). His high-profile clients include BmwFord, Mercedes, Toyota and Volkswagen.
It is noteworthy that Sehgal's monthly income was earlier only Rs 2,500. DNA IndiaHe started his business journey by trading silver and in the early 1970s, he used to earn one rupee for one kilogram of silver. In 1975, billionaire businessman And his mother Swarn Lata Sahgal founded the Madrasan Group, which was initially involved in the silver trade.
according to News18Madrasan Group was on the verge of bankruptcy due to decline. silver business industry. Sehgal then decided to turn his company towards the automotive industry, making the Motherson Group a global empire. The Australian citizen was the managing director of his company from 1975 to 1995 and now serves as its chairman, according to Australian Financial ReviewVivek Chand Sehgal's father was a mining engineer and a great source of inspiration for him to get into the business.
Educational Qualification and Family Life of Vivek Chand Sehgal, Australia's Richest Indian
Saigal did his schooling at Birla Public School, Pilani. Rajasthan. He also holds a bachelor's degree from Delhi University. The 67-year-old businessman is married and has two children and one of his sons, Lakshya Waman Sehgal, is on the board of directors of the Motherson Group.
