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.

News