Vivek Chaand Sehgal
Source of wealth: Auto parts
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The scale of their wealth
Health
The price of life
Let's compare Vivek Chaand Sehgal's fortune with the healthcare spending of a massive country
Vivek Chaand Sehgal could fund the entire healthcare system of DR Congo, with a population of over 105,800,000 people, for approximately 3.1 years.
But even if we compare their fortune with that of a rich country
On the other end, Vivek Chaand Sehgal could cover the healthcare spending of Luxembourg, considered the most heavily funded healthcare system in the world, for 1.4 years.
Education
Buying the future
Let's also compare their fortune with education spending, first with a poor country
Vivek Chaand Sehgal could cover the total cost of Nigeria's education system, the most populous country in Africa with over 243,000,000 inhabitants, for 2.0 years.
And yes, we can also compare it with a rich country
But they couldn't just cover the cost of a poor country; Luxembourg is considered the country with the highest per capita investment in education in the world, and Vivek Chaand Sehgal could pay for it entirely for 2.8 years.
Research
The monopoly on progress
Coming full circle, we think it's also interesting to add another gigantic country
Vivek Chaand Sehgal could fully fund the state research budget of Pakistan, the fifth most populous country in the world with over 260,000,000 inhabitants, for 11.7 years.
And of course, the country that invests the most per capita worldwide
But even if we compare the total wealth of Vivek Chaand Sehgal with Israel, the country that invests the most per capita in research in the world, they could cover the total cost of the system for 0.3 years.
Gold
Everyday luxuries
Vivek Chaand Sehgal's fortune is equivalent to 47 tons of gold. It's hard to process, since we don't usually keep a handful of gold bars in our piggy banks.
A standard gold ring usually weighs between 4 and 7 grams. Let's say this one weighs 5 grams. It's usually 18 karats.
Based on today's gold price (excluding the jeweler's commission, shipping, or anything else), that ring would be worth $546.86.
Vivek Chaand Sehgal could buy 12,664,264 gold rings. That's a lot of fingers and way too many gifts!!
And if you're struggling to visualize that many rings, it would take 2 trucks to transport them. Although Vivek Chaand Sehgal will almost certainly have enough money left over to pay for the gas.
Biography
Vivek Chaand Sehgal is the chairman of the $23 billion (revenue) Motherson Group, which he established with his mother in 1975.
Sehgal draws the biggest chunk of his wealth from autoparts flagship Samvardhana Motherson International, formerly known as Motherson Sumi.
In 2022, he hived off the India wiring harness business and listed it as Motherson Sumi Wiring India on the Indian bourses.
The group's clients include BMW, Ford, Mercedes, Toyota and Volkswagen.
His son Laksh Vaaman Sehgal is a director on the boards of both Samvardhana Motherson International and Motherson Sumi Wiring India.
Financial Assets
Monthly wealth history
Fortune comparison
Historical data not available for comparison