Binod Chaudhary is a Nepalese businessman and the founder of Chaudhary Group, one of the largest conglomerates in Nepal with nearly 80 companies. He started his business at a young age after his father fell ill. Over four decades, he grew Chaudhary Group into a multinational corporation with over $1 billion in assets and over 6000 employees across 30 countries. Some of its most successful brands include Wai Wai noodles, which produces over a billion packets annually sold in 35 countries. Chaudhary also founded the Chaudhary Foundation which supports education, health, sports, and youth programs through various initiatives in Nepal.

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Binod Chaudhary
Chairman of Chaudhary Group
Binod Chaudhary (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 various 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.
Early Life and Education
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, the eldest of three brothers, 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.
Business and Industry
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.
His biggest asset is a controlling stake in Nepal's Nabil Bank. These days Chaudhary, whose family hails from
India, is busy expanding his portfolio of hotels, which includes a long-standing joint venture with the Taj hotels
chain. The group recently acquired a 51% stake in India's Fern hotel chain and is building new hotels there as
well as in Africa and Dubai. Back in Nepal, Chaudhary's recent investments include telecom and hydropower.
His three sons work with him; the recent wedding of his second son Rahul, which was celebrated in Jaipur, was
a 3-day extravaganza that drew 1,000 guests.
Philanthropy
Chaudhary has founded the Chaudhary Foundation which makes significant contributions on the fields of
education, health, sports and youth empowerment.
Gyan Udaya Scholarship, which provides scholarships for needy students (more than 350 students have
received this scholarship till date) and Samata Siksha Niketan, which provided a fund of Rs. 3.5 million for the
infrastructure are some of the major initiatives taken by CG foundation in education field. Similarly, CG
Operation Dristi provides eye care services and CG Medicare provides health services to locals.
Moreover, Chaudhary has taken several new initiatives like Gen Nep and Social Building Fund to improve the
financial condition of many Nepali through numerous social business activities.