India the pre-eminent economic and military power in the subcontinent is known as the hub of billionaires whose numbers keep rising each year. However Indias neighbors are smaller and economically weaker and consequently have fewer billionaires and high net-worth individuals with Nepal having a solo billionaire Binod Chaudhary. Let us find out more about Binod Chaudhary the only Nepali billionaire in the world. Who is Binod Chaudhary? Born in a Marwari business family in Kathmandu Binod Chaudhary is a businessman-turned-politician and the only Nepali-origin billionaire in the world. Binods family has deep roots in India; his grandfather migrated from Rajasthan to Nepal and later Binods father established the countrys first departmental store. Growing up Binod Chaudhary wanted to pursue higher studies but ultimately joined the family business after his father was diagnosed with a fatal heart ailment. Chaudhary gave up his chartered accountancy course in India and took over the family business and later expanded it to phenomenal levels under his leadership. What is Binod Chaudharys business? Binod Chaudhary runs the Chaudhary Group also known as CG Corp Global a multinational conglomerate that owns 136 businesses across multiple sectors including banking consumer apparel education hotels electronics energy and medicine. Some of the well-known brands and firms owned by the Chaudhary Group include the popular Wai Wai noodles and Nepals Nabil Bank. The conglomerate also owns and operates 143 hotels and resorts including several 5-star hotels in collaboration with Indias Taj Hotels chain. In 1973 Binod Chaudhary opened Nepals iconic disco and in 1984 introduced the Wai Wai noodles brand in the country. The business tycoon also partnered with top brands like Suzuki and Panasonic and 1995 acquired a controlling stake in Nabil Bank from the Dubai government. How much is Binod Chaudharys net worth? Binod Chaudhary the sole billionaire from Nepal has a net worth of $2 billion as of July 8 2025 according to Forbes Real Time Billionaires List.
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