Nepal’s Binod Chaudhary is World’s 1349th Richest Person-Forbes Magazine

Nepal’s Binod Chaudhary is World’s 1349th Richest Person-Forbes Magazine

The Famous glossy magazine Forbes stated Nepal’s billionaire Binod Chaudhary’s name in their 2019 publication.

The Forbes’ Billionaire List 2019 publication made public on March 06, 2019 claimed the net worth of Chaudhary has increased USD 200 million in the past one year.

In accordance with Forbes, the entire resources and properties of Chaudhary is equivalent to USD 1.7 billion as of yesterday, up from USD 1.5 billion in 2018.

The rise in his net worth made Chaudhary the world’s 1349th richest person.

It is not the first time that Chaudhary was in Forbes billionaire list. He made his debut to the list in 2013.

Chaudhary is the chairman of Chaudhary Group, which contains their wings spread across food, electronics, beverages and also hotel businesses.

Chaudhary also holds the majority stake in Nabil Bank.

Chaudhary is also the proprietor of CG Foods, the manufacturer of famous Wai Wai noodles with broad presence in India, Serbia, Saudi Arabia and also Bangladesh.

According to Forbes, Chaudhary Group’s hotel business consists of 29 owned and also 70 managed properties, combined with numerous luxury hotels with India’s Taj hotel chain.

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