Binod Chaudhary
$2.0B
Born
Apr 14, 1955
Age
70
Source of Wealth
Diversified
Residence
Kathmandu,
Citizenship
Nepal
Marital Status
Married
Children
3
Education
- Binod Chaudhary controls CG Corp Global and is Nepal's sole billionaire.
- His biggest assets are a controlling stake in Nepal's Nabil Bank and CG Foods, maker of the popular Wai Wai noodles.
- Wai Wai has overseas factories in India, Serbia and Bangladesh with a new one being constructed in Egypt. It plans to launch a range of sauces.
- CG's hotel assets consist of 143 owned and managed properties, including a string of luxury hotels with India's Taj hotel chain.
- His sons Nirvana in Nepal and Rahul and Varun, who live overseas, help him run the group. Nirvana and Rahul are managing directors of the group.
- His late father opened Nepal's first department store.
- Chaudhary is a member of parliament representing the Nepali Congress.
- He is often referred to as the ?Noodle King? because of the popular brand of Wai Wai noodles that he founded.
- His grandfather was originally from the northern Indian state of Rajasthan. He migrated to Nepal and started a textile business.
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