Binod Chaudhary
| Binod Chaudhary | |
|---|---|
 |
|
| Born |
April 14, 1955 Kathmandu, Nepal |
| Residence | Sanepa, Lalitpur Nepal |
| Nationality | Nepalese |
| Occupation | President Chaudhary group |
| Known for | Chaudhary Group |
| Label(s) | Binod Chaudhary |
| Net worth |
 US$ 1.33 billion (2017) |
| Spouse(s) | Sarika Chaudhary |
| Children | 3 |
| Parent(s) | Lunkaran Das Chaudhary Ganga Devi Chaudhary |
Binod Chaudhary (Nepali: बिनोद चौधरी; born 14 April 1955) is a Nepalese businessman, industrialist and philanthropist. He is the current chairman of Chaudhary Group (CG), a conglomerate that consists of nearly 80 companies. Chaudhary is also the first Nepali billionaire, as listed by Forbes.
Besides business, Chaudhary has been involved in several other government and social sectors. He worked as a member of constituent assembly and parliament of Nepal from April 2008 to May 2012. His CG Foundation works for the social welfare and he often contributes in the areas of art, music and literature as well.
Chaudhary was born in Kathmandu, Nepal as the son of Lunkaran Das and Ganga Devi Chaudhary. He was raised in Kathmandu with his two brothers Arun and Basant Chaudhary.
His grandfather was a textile trader and owned a small textile store. His father transformed the store to Arun Emporium which is considered to be Nepal’s first department store. Chaudhary converted the store to a conglomerate which is one of the biggest corporate houses in Nepal. He left his studies and started business at the age of 18 when his father got heart illness.
Chaudhary is married to Sarika and they have three children.
Inspired from his industrious father, Chaudhary always envisioned to become a very big industrialist of Nepal. With more than four decades of continuous hard work, he is living his dreams as he developed the Chaudhary Group to the biggest conglomerate of Nepal which is worth a billion dollars and more. Forbes magazine has listed him as a billionaire in 2014 and he is the 1,460th richest person in the world.
Today CG stands as a transnational conglomerate which consists of nearly 80 companies spanning five continents. It has more than 60 brands in 30 countries with more than 6000 employees. Of its food brands, ‘Wai Wai’ noodles has been the most successful business. The brand produces more than a billion packets of noodles annually and is traded over 35 countries worldwide. The Group’s other notable areas of interests are finance, banking, cement, real estate, hotels, electronics and home appliances, education, energy, biotech, power, retail.
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