Latest news with #ChaudharyGroup
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India.com
5 days ago
- Business
- India.com
Meet Richest Man In Nepal: Only Billionaire In Country, Inspired By Ratan Tata, His Business Is….—Find Out His Net Worth
photoDetails english 2929333 Updated:Jul 09, 2025, 06:38 PM IST Meet Nepal's Only Billionaire 1 / 8 Binod Chaudhary is Nepal's richest man and its only billionaire. A businessman, politician, and philanthropist, he is the chairman of the Chaudhary Group (CG), a multi-industry conglomerate. In 2013, he entered Forbes' billionaire list with a net worth of 1 billion dollars. Today, his fortune has grown to 1.8 billion dollars (approx. Rs 15,000 crore). The Noodles That Built a Billionaire 2 / 8 Chaudhary's biggest success story is Wai Wai noodles. Inspired during a trip to Thailand, he noticed the instant noodle trend and brought it to Nepal. Wai Wai became a massive hit for its quick cooking and bold flavors. It later expanded to India and global markets, earning Chaudhary global recognition. From Small Store to Global Empire 3 / 8 Born into a business family in Kathmandu, Chaudhary took over the reins of the family business when his father fell ill. He gave up his dream of becoming a chartered accountant and dove into entrepreneurship. Under his leadership, the Chaudhary Group grew into a powerhouse with over 80 companies in 30+ countries. More Than Just Noodles 4 / 8 While Wai Wai is his flagship, Chaudhary's business empire is diverse. He partnered with Panasonic, brought Suzuki cars to Nepal, and founded the Singapore-based Cinnovation Group in 1990. In 1995, he took control of Nepal's Nabil Bank, further strengthening his financial influence. Business with a Global Vision 5 / 8 Chaudhary Group has interests in finance, telecom, hospitality, infrastructure, and consumer goods. His CG Hotels and Resorts operates luxury properties worldwide. Chaudhary's goal: to put Nepal on the global business map while staying rooted in local values. His Role Models and Influences 6 / 8 Chaudhary credits his father and grandfather for shaping his early values. He draws inspiration from Ratan Tata, JRD Tata, and Nelson Mandela. Among celebrities, he's a fan of Amitabh Bachchan and Ranbir Kapoor, admiring their charisma and resilience. Beyond Business 7 / 8 Binod Chaudhary is also an author and filmmaker. His autobiography, Making It Big, shares lessons from his journey. As a philanthropist, he supports disaster relief, education, and health care in Nepal through the Chaudhary Foundation. A Billionaire Who Believes in Purpose 8 / 8 Despite being Nepal's only billionaire, Chaudhary stays humble and focused on impact. He believes business must serve a higher purpose. Inspired by legends, driven by vision, Binod Chaudhary is more than just wealthy—he's a force of change for Nepal. (Images credit: File Photo/Forbes)
India.com
6 days ago
- Business
- India.com
Meet Nepal's only billionaire, owns 136 companies, net worth is Rs 154384785180; no match for Mukesh Ambani, Adani, his business is...
Binod Chaudhary (File) 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, India's 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. Binod's family has deep roots in India; his grandfather migrated from Rajasthan to Nepal, and later Binod's father established the country's 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 Chaudhary's 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 Nepal's Nabil Bank. The conglomerate also owns and operates 143 hotels and resorts, including several 5-star hotels in collaboration with India's Taj Hotels chain. In 1973, Binod Chaudhary opened Nepal's 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 Chaudhary's 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.
India.com
05-07-2025
- Business
- India.com
Meet Nepal's richest man, only billionaire in country, inspired by Ratan Tata, his net worth is Rs..., business is...
New Delhi: Let us introduce you to Nepalese billionaire businessman, politician and philanthropist. He is the chairman and president of the Chaudhary Group (CG) and was recognised as Nepal's wealthiest person and only billionaire in February 2013 with an estimated net worth of $1 billion. Since 2013, his net worth has risen to $1.8 billion. Besides business, he has done charity work, book writing, and filmmaking. What is his name? The name of Nepal's richest man, only billionaire is Binod Chaudhary who is running several businesses. However, his wealth and fame comes from his instant noodle brand Wai Wai, which has become a household name. According to Forbes, Chaudhary's net worth stands at $1.8 billion. In comparison to global billionaires like Elon Musk, with a net worth of $247 billion, or India's Mukesh Ambani with $107.1 billion, Chaudhary's wealth is much less but he is still Nepal's only billionaire. What was Chaudhary's dream? Binod Chaudhary dreamt of making a career in accounting and planned to study Chartered Accountancy (CA) in India. However, when his father fell ill, the responsibility of managing the family business fell on his shoulders, setting him on the path of entrepreneurship. When did Binod Chaudhary get his business idea? Binod Chaudhary, born into a business-oriented family in Kathmandu, showed an early interest in entrepreneurship and took inspiration from legendary figures like JRD Tata. His hard work enabled him to turn even the simplest ideas into big achievements. One such idea was born during a trip to Thailand where Chaudhary noticed the widespread popularity of instant noodles. This changed his life and he introduced Wai Wai noodles in Nepal, and soon after, the brand made its way to India and other international markets. Despite Maggi's dominance in India, Wai Wai carved out its own niche, thanks to its unique flavour, variety, and quick-cooking style. What has been his business journey like? While Wai Wai is Chaudhary's flagship product, his is running several other businesses. He has partnered with National Panasonic and introduced Suzuki cars to the Nepalese market. He is always searching for new opportunities. He founded the Cinnovation Group in Singapore in 1990, and by 1995, he gained a controlling stake in Nepal's Nabil Bank, further strengthening his financial standing. Who are his ideals? Chaudhary credits his grandfather and father as inspirations. He is a fan of Bollywood icons Amitabh Bachchan and Ranbir Kapoor. He admires Nelson Mandela, the former president of South Africa, for bringing freedom to that country, and businessman JRD Tata, for building a company of rare distinction.
