WKND Conversation: Meet Binod Chaudhary, Nepal's first and only billionaire
Nepali entrepreneur Binod Chaudhary, on building an empire tapping on gastronomical cravings and why Taj JLT is a culmination of a life-long dream Dr Binod Chaudhary, 65, is Nepal biggest export to the world after Mount Everest. Chaudhary, whose net worth is estimated at $1.6 billion (Dh5.88b), is the picturesque yet impoverished Himalayan nation first and only billionaire and has accumulated his wealth over the past four decades. The affable and dapper Chaudhary, the head of CG Corp Global, is a proud third-generation Nepalese national of Indian descent. His grandfather, who belonged to Churi-Ajitgarh village from Rajasthan, had shifted his base to Nepal around 140 years ago to set up a textile business. Chaudhary, who is ethnically a Marwari, has business in his gene. He reminisces about bootstrapping his fanciful business concepts into a money-spinning reality. Wealth creation, he recalls, is his unbridled passion, as he's not born with the proverbial silver spoon.