Vivek Chaand Sehgal the richest Indian resident in Australia is the co-founder of the global conglomerate Motherson Group. His extraordinary journey marked by innovation stands as an inspiration for entrepreneurs worldwide. Starting with a modest monthly income of Rs 2500 in the early 1970s Sehgal now leads a company with annual sales of Rs 105600 crore. Vivek Chaand Sehgal Early Life  Born on September 28 1956 in Delhi Vivek Chaand Sehgal grew up in a family of jewellers. He completed his schooling at Pilani’s Birla Public School and graduated from Delhi University. His initial foray into business began with silver trading where he once sold a kilogram of silver for just one rupee. In 1975 alongside his late mother Shrimati Swaran Lata Sehgal Vivek founded Motherson a company initially dealing in silver trade. However the silver industry soon declined leaving the business on the brink of bankruptcy. Undeterred Sehgal decided to pivot into a new domain: car parts manufacturing. Building Motherson Group Today Vivek Chaand Sehgal heads the Samvardhana Motherson Group a critical division of the Motherson Group. The company has grown into a global powerhouse in the automotive sector producing essential car components for some of the world’s biggest automobile manufacturers. Vivek Chaand Sehgal Net Worth As of January 2025 Forbes estimated Vivek Chaand Sehgal’s net worth at 550 crores USD dollar. In 2021 he ranked 49th on Forbes’ list of India’s richest individuals. His contributions to the business world earned him the prestigious EY Entrepreneur of the Year Award in India in 2016. Philosophy of Business Despite leading a multinational corporation Sehgal’s approach to business remains refreshingly straightforward. In an interview with CNBC TV18 he remarked: We don’t strategise. Strategies are for your customer; let them strategise. Your strategy will always interfere with the customer’s strategy. That’s why not having a strategy is a great strategy. From trading silver to becoming a global leader in automotive manufacturing Vivek Chaand Sehgal’s story is a testament to the power of adaptability and perseverance. Today he continues to inspire countless entrepreneurs with his vision and unwavering determination.