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India.com
5 days ago
- Business
- India.com
Meet richest man in Nepal, only billionaire in the country, owns a famous noodle brand, has over 140 hotels worldwide, his name is..., net worth is...
In India, Reliance chairman Mukesh Ambani is the richest person with a net worth of USD 107.1 billion, followed by Gautam Adani, who has USD 78 billion. In Nepal, there is only one billionaire and his name is Binod Chaudhary, who has around USD 2 billion (about Rs. 16,700 crore) as per Forbes. Binod Chaudhary is most famous for starting Wai Wai noodles, which became very popular and even challenged big brands like Maggi. His business journey began in Kathmandu, inspired by his family's business background and by icons like JRD Tata and Amitabh Bachchan. During a trip to Thailand, he discovered instant noodles, and that's where the idea for Wai Wai was born. The noodles became a big hit not just in Nepal, but also in India and other countries. But Binod Chaudhary didn't stop there. Over the years, he expanded into many other businesses. He worked with National Panasonic, helped bring Suzuki cars to Nepal, and moved into sectors like banking, hotels, and real estate. His company, the Chaudhary Group, now manages 143 luxury hotel properties around the world. This includes a partnership with India's Taj hotel group. In 2019, his group teamed up with the Tata Group to run the Taj Jumeirah Lakes Towers hotel in Dubai, which even won a major award in 2020. Binod Chaudhary was born into a business family in Kathmandu. When his father became seriously ill, he had to take charge of the family business at a young age. He gave up his dream of becoming a chartered accountant and chose the path of entrepreneurship instead. With hard work and vision, he turned the family business into a global company, helping Nepal's economy grow along the way. Today, under his leadership, the Chaudhary Group runs over 80 companies in more than 30 countries. Chaudhary is also known for his kindness and social work. After the 2015 earthquake in Nepal, he donated over Rs. 20 crore to help rebuild homes and schools, and sent essential supplies to those who were affected. Besides business, he is also an author and filmmaker. His autobiography, 'Making It Big,' shares his life story and the lessons he learned while building his empire.
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India.com
09-07-2025
- 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)