Binod Chaudhary & Family 

Net Worth : $1 Billion

Native to Nepal, Binod Chaudhary is the country's first billionaire. As a youth, Chaudhary decided to skip college and start working in the family business instead. His father owned Nepal's first department store. Since that time, Chaudhary has gone on to expand the business. As the President of the Chaudhary Group, Binod Chaudhary watched the business expand into instant noodles and hotels.

Read also : The Richest People In Nepal

binod chaudhary

He holds a controlling stake within Nabil Bank as well as stakes in Taj Hotel Resorts. He currently possesses a net worth of $1 billion. The family business originally started to grow with Chaudhary's grandfather. As an adult, his grandfather was a textile trader. He began supplying products to the nations rulers until Chaudhary's father opened a department store. The conglomerate currently encompasses a total of 80 companies.

binod chaudhary billionaire

Binod works in government and production sectors. From 2008 to 2012, he was a part of Nepal's parliament and worked to improve the social welfare of the region. Raised in Kathmandu, Chaudhary's CG Foundation works to help art, society and literature. He is currently married to Sarika and the couple has three children. In addition, he holds the title of being the 1,352nd richest person on earth. As such, he is the only Nepali person to be listed by Forbes magazine. 

Press Like If You Learnt Something New : )

New! Comments

Have your say about what you just read! Leave me a comment in the box below.

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


References:

Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)