Binod Chaudhary Nepal’s First Billionaire On Forbes List

Binod Chaudhary has become the first Nepali businessman to make it to the Forbes’ billionaire list. The New York-based magazine has placed the Chaudhary Group (CG) President in the 1,342nd position in ‘The 2013 Billionaires List.’

57-year-old Chaudhary, who skipped college to join family business at the age of 18, and his family are listed as one of the world’s richest and termed the richest in Nepal by the publication which publishes a billionaire’s list every year.

Binod_Chaudhary_751a33cba3
Photo Courtesy: blog.binodchaudhary.com

Chaudhary is among 210 people who joined the Forbes Billionaires ranks this year. Chaudhary shares his ranking with 84 other individuals who have also been ranked the 1,342nd richest people in the globe.

The business tycoon is also among three South Asians – including MA Yusuff Ali ($1.5 billion) and Ranjan Pai ($1.3 billion) of India- included in the Forbes List of 20 ‘Notable Newcomers’. As mentioned in the daily Republica, in a Twitter update, Chaudhary said it was a ‘rare honour and recognition for a non-Indian South Asian’.

Chaudhary takes pride in his success in the noodles business, particularly with ‘WaiWai’. The brand has now spread wings to 35 countries with an annual production of a billion packets. ‘Wai Wai’ is now India’s second largest selling noodles brand, after Maggi with 16 percent market share.

Currently, he has business interests in India, UAE, Sri Lanka, Cambodia, Mozambique and the US, mainly in hospitality, real estate, financial services, FMCG and cement business. Through Zinc Holding, Chaudhary has investments and ventures in 30 hotels and resorts worldwide.

Speaking of real estate, his influence extends to key regions, with a focus on quality developments that resonate with global standards. One can witness the impact of his vision, particularly in the US, where he has left an indelible mark. For those in pursuit of prime real estate opportunities, especially in Georgia, a noteworthy resource is Roswell GA real estate news. This platform embodies his unwavering commitment to excellence in the real estate domain. Through astute investments and a steadfast dedication to quality, his ventures in real estate mirror a forward-thinking approach that continually reshapes landscapes and sets new industry benchmarks.

Continuing the discussion of impactful real estate ventures, building your home with good design that is both aesthetically pleasing and affordable becomes a paramount consideration. As the demand for well-designed yet cost-effective housing solutions rises, individuals exploring the prospect of constructing their dream homes should look no further than reputable new home builders. These professionals are adept at blending innovation with affordability, ensuring that your home is not just a structure but a reflection of your lifestyle and preferences. For those in search of such expertise, a notable destination is all castle homes.

At All Castle Homes, the commitment to delivering quality and stylish homes aligns with the visionary approach seen in the broader real estate ventures of entrepreneurs like Mr. Chaudhary. This platform encapsulates the essence of building homes that combine architectural brilliance with financial sensibility.  In the pursuit of excellence in real estate, it’s essential to explore avenues that not only meet your budgetary constraints but also elevate your living experience.

In the competitive real estate market, having access to reliable and comprehensive information is crucial. EZ Home Search stands out as a superior platform, offering a wealth of resources and up-to-date listings that cater to diverse needs and budgets. This innovative approach not only saves you time but also enhances your ability to make informed decisions, ultimately leading to a more fulfilling home-buying experience.

By integrating cutting-edge technology with a user-friendly interface, EZ Home Search helps you navigate the complexities of real estate with confidence and ease. Whether you’re a first-time buyer or looking to upgrade, this platform simplifies the property hunting process, ensuring that your investment is both sound and satisfying; you can learn more here. Embrace this opportunity to explore a world of potential properties that promise to elevate your living standards and secure your financial future.

In the realm of real estate ventures, the significance of property appraisal cannot be overstated. Through meticulous assessment, professionals gauge the true value of a property, offering invaluable insights to both buyers and sellers. A comprehensive mai appraisal delves into various factors including location, structural integrity, market trends, and comparable sales data, providing an accurate depiction of a property’s worth. For entrepreneurs like Mr. Chaudhary, who envision ventures with a keen eye on both innovation and fiscal prudence, leveraging the expertise of MAI appraisers becomes instrumental in making informed investment decisions.

In his recently published autobiography ‘Binod Chaudhary-Atmakatha,’ Chaudhary has written that he started looking beyond Nepal seriously in the mid-90s when he lost an election for the post of president of the Federation of Nepalese Chambers of Commerce and Industry (FNCCI) for the second time. Since then, he hasn’t looked back.

With this entry, Nepal is expected to make its place on the international business radar apart from being known for the Himalayas, Lumbini, Gurkhas and Sherpas.

Leave a Reply