Binod Chaudhary’s profile picture

Binod Chaudhary

Binod Chaudhary’s profile picture
Net worth 2018: $1.52 Billion
Industry: Diversified
Residence: Kathmandu, Nepal
Country: Nepal
BirthDay: 14 April 1955
Sigh: Taurus
Children: 3
BIOGRAPHY

Binod Chaudhary was bornon 14 April 1955 in Kathmandu, Nepal, Nepal. Binod Chaudhary is #1536 in List Billionaires People In The World. Binod Chaudhary controls the Cinnovation/CG Group and is Nepal's sole billionaire. His biggest asset is a controlling stake in Nepal's Nabil Bank, but CG's portfolio also includes foods, electronics, beer and hotels. His CG Foods, maker of the popular Wai Wai noodles, has overseas factories in India, Serbia, Saudia Arabia and Bangladesh. CG's hotel assets consist of 29 owned and 70 managed properties, including a string of luxury hotels with India's Taj hotel chain. His late father opened the country's first department store. Chaudhary skipped college to join the family trade at age 18. His three sons work with him. The English edition of his autobiography, Making it Big, was published last year.

NET WORTH STATISTIC
2013

$1 Billion

2014

$1.1 Billion

2015

$1.3 Billion

2016

$1.1 Billion

2017

$1.3 Billion

2018

$1.52 Billion

TIMELINE
2014

Forbes magazine has listed him as a billionaire in 2014 and he is the 1,460th richest person in the world

2008

He worked as a member of constituent assembly and parliament of Nepal from April 2008 to May 2012

1982

He has had close connections with the Nepalese royalty, and credits his decision to give half ownership of a steelmaking company to the then-king's brother in 1982 as "the main reason for my success

1955

Binod Chaudhary (Nepali: बिनोद चौधरी; born 14 April 1955) is a Nepalese businessman, industrialist and philanthropist

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