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Who is Binod Chaudhary?

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Binod Chaudhary is a Nepalese billionaire businessman, politician, and philanthropist, born on April 14, 1955, in Kathmandu, Nepal. He is the chairman and president of the Chaudhary Group (CG), a conglomerate with interests in distribution, retail, leisure, and manufacturing. With a net worth of $1.7 billion, Chaudhary is Nepal’s only Forbes billionaire and the richest man in the country.

Chaudhary’s business journey began with a nightclub called Copper Floor in Kathmandu, Nepal. He later ventured into various industries, including beer, electronics, hotels, and even a controlling stake in Nepal’s Nabil Bank. His most well-known enterprise is his brand of instant noodles, Wai Wai, which has a 20% market share in India and 3% in other countries.

In addition to his business ventures, Chaudhary has also been involved in charitable work, book writing, and filmmaking. His autobiography, “Binod Chaudhary: Atmakatha,” was published in 2013 and later translated into English by journalist Sanjeev Ghimire, titled “From the Streets of Kathmandu to a Multi-billion-dollar Empire”.

Chaudhary has faced controversies throughout his career, as his business path has intersected with the power structures in Nepal, both under the monarchy and in subsequent civilian governments. Despite these challenges, he has continued to expand his businesses and make a significant impact on Nepal’s economy.

In summary, Binod Chaudhary is a highly successful businessman, politician, and philanthropist who has made a significant mark on Nepal’s economy and society. His entrepreneurial spirit and resilience in the face of adversity have made him an inspiration for many in Nepal and beyond.

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