Rank #2021
Binod Chaudhary
Net worth $2.1B
Diversified · Nepal
- Born
- Apr 14, 1955
- Age
- 71
- Source
- Diversified
- Residence
- Kathmandu
- Citizenship
- Nepal
- Marital status
- Married
- Children
- 3
- Education
Net worth over time
Biography
- 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.