Nepal’s first billionaire Binod Chaudhary, Chief Guest at CCC AGM
View(s):Binod Chaudhary, considered Nepal’s first billionaire and the only one from the Himalayan republic to be listed on Forbes Magazine’s billionaire’s list, will be the chief guest at the 178th Annual General Meeting of the Ceylon Chamber of Commerce on Thursday, June 29 at the Cinnamon Grand, Colombo.
The Chaudhary-led CG Corp Global Chaudhary Group is a conglomerate comprising over 80 businesses spread across five continents and 30 countries including the US, Africa, Dubai, Maldives, Sri Lanka, Thailand, India and China. He is a global player in FMCG and is the brains behind Wai Wai, the iconic brand from CG, which has earned him the sobriquet ‘Noodle King’
In a media release, the chamber said that Mr. Chaudhary, who has proved that an entrepreneur can do business in Nepal and still emerge as a billionaire, contrary to the popular perception, has controlling shares in the largest bank in his country and owns stakes in numerous hotel investments, joint ventures and brands like Taj, Alila, Fern, Radisson and the ultimate destination wellness ‘The Farm at San Benito.
An avid trekker and a fitness enthusiast, Mr. Chaudhari, who is also a philanthropist, currently functions as the President Emeritus of the Confederation of Nepalese Industries.