Name
Binod Chaudhary
Binod Chaudhary
Kathmandu, Nepal
Nepal
diversified
$1,700,000,000
1349
#1349 Billionaires 2019
Binod Chaudhary controls CG Corp Global and is Nepal's sole billionaire.His biggest assets are a controlling stake in Nepal's Nabil Bank and CG Foods, maker of the popular Wai Wai noodles.Wai Wai has overseas factories in India, Serbia and Bangladesh with a new one being constructed in Egypt. CG's hotel assets consist of 30 owned and 55 managed properties, including a string of luxury hotels with India's Taj hotel chain. His sons Nirvana in Nepal and Rahul and Varun, who live overseas, help him run the group.
His late father opened Nepal's first department store. Chaudhary is a member of parliament representing the Nepali Congress.
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