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According to Forbes, his 2023 wealth is $1.8 billion. While smaller sized than Elon Musk or Mukesh Ambani, it’s an exceptional accomplishment for a little nation like Nepal
His company acumen led him to partner with worldwide brand names like Suzuki and Panasonic.(News18 Hindi)
In the heart of the Himalayas, Nepal’s only billionaire, has actually constructed a fortune of$1.8 billion(around Rs 15,000 crore), showcasing an impressive journey of entrepreneurship.
At 69, Binod Chaudhary, chairman of Chaudhary Group(CG Corp Global), has actually developed a powerful empire of 136 business, from ‘Wai Wai’ noodles to Taj Hotels, covering sectors like banking, hotels, FMCG, energy, education, and health.
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Born into a Marwari household in Kathmandu, Chaudhary’s roots trace back to Rajasthan, India. His grandpa moved to Nepal and laid the structure of their service tradition. His daddy then opened Nepal’s very first department shop, a considerable accomplishment at the time.
Chaudhary was anticipated to take over the household service, he at first strove to end up being a chartered accounting professional and started his research studies in India. He had to return home at the age of 18 due to his daddy’s disease, leaving his scholastic pursuits behind and getting in the organization world.
From Disco To ‘Wai Wai’
Chaudhary’s journey into entrepreneurship started with opening Nepal’s most popular disco in Kathmandu in 1973, which rapidly ended up being a youth hotspot.
In 1984, Chaudhary released ‘Wai Wai’ noodles, now a staple in kitchen areas throughout India and Nepal, specifically liked by kids and grownups in North and Northeast India
His organization acumen led him to partner with international brand names like Suzuki and Panasonic, additional strengthening his endeavors.
Nabil Bank To Taj Hotels
In 1995, Binod Chaudhary made a tactical relocation by getting a managing stake in Nabil Bank from the Dubai federal government, which has actually considering that ended up being Nepal’s leading bank. His most effective endeavour, nevertheless, depends on the hospitality sector. Chaudhary Group boasts 143 hotels, consisting of a number of 5-star facilities in partnership with India’s prominent Taj Hotels, spread out throughout Nepal, India, and Sri Lanka, epitomising high-end.
Empire Of 136 Companies
Chaudhary Group’s impact extends far beyond noodles and hotels. It incorporates sectors such as banking, property, telecom, energy, education, and health, with jobs varying from power efforts in Nepal to electronic devices in India.
According to Forbes, Binod Chaudhary’s wealth in 2023 was $1.8 billion. This is modest compared to giants like Elon Musk ($247 billion) or Mukesh Ambani ($107.1 billion), it is a considerable accomplishment for a little nation like Nepal.
Bollywood Dreams, Tata-Mandela Inspiration
Chaudhary is an ardent fan of Bollywood, especially of Amitabh Bachchan’s movies. He draws motivation from JRD Tata, who changed Indian service, and Nelson Mandela, who showed the power of modification. Being an effective business person, Chaudhary serves as a Member of Parliament in Nepal, including another measurement to his renowned profession.
Sons Take The Helm
At 69, Binod Chaudhary has actually turned over the future of Chaudhary Group to his 3 kids, Nirvan, Rahul, and Varun, who are poised to raise business even more, making sure the ongoing success of ‘Wai Wai’ and Taj Hotels.
Released:
September 09, 2025, 19:24 IST
News service economy This Is Nepal’s Only Billionaire, His Noodles Brand Is A Sleeper Hit In India
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