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.
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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 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.