A strong will, determination and hard work are needed to reach to the success point. Money is known as the indicator of success: to maintain the high class and status in any society of the world. Best entrepreneurs are taken as identical examples and offer comparative fundamental attributes. Through their hard work, strong determination and persistence, there are some Nepalese who fortune changed over time and are entitled the richest people.
These are Top 10 Richest Person of Nepal:
Binod Chaudhary is a Nepalese businessman, industrialist and philanthropist and also the first Nepali to be listed on the Forbes list of Billionaire. He has property of the net worth of $ 1.7 billion. He is the current chairman of Chaudhary Group Nepal. Chaudhary Group also known as CG is one of the most famous group in Nepal with nearly 80 companies all over Nepal and the number is increasing. The Wai Wai is one of the most famous noodle in Nepal and different part of India produced by the CG group. He is also found to be involved in the different other companies in and outside the nation.
April 2022 Update (From the information of Wikipedia):
Breaking News: Binod Chaudhary becomes 1349th richest man in the world with 1.7 billion USD net worth…
Last time he was in 1563rd position with 1.5 billion USD.
June 2022 Update:
Nepal’s only Billionaire Binod Chaudhary has reached to 1917th position with net worth of $1.5 Billion in the recent Forbes Billionaire Ranking.
Shesh Ghale is the former President of NRNA (Non-Resident Nepalese Associations), business entrepreneur, founder is considered third richest man in Nepal currently residing in Melbourne city. He is also the CEO of MIT (Melbourne Institute of Technology) along with Jamuna Gurung, a co-founder and Director of the Institute. He was also ranked as the 99th richest person in Australia in the 2015 BRW Rich 200.
2021 Update (From the information of Wikipedia):
Breaking News: Non-Nepali resident Shesh Ghale’s net worth crossed $1 billion and becomes 2nd Nepal born billionaire after Binod Chaudhary. According to the AFR’s report, the couple has a net worth of $1.01 billion, a rise from $876 million last year.
Upendra Mahato is Nepalese origin businessman, currently living in Russia, where he is the president of the Russia-Nepal Chamber of Commerce and Industry and also the owner of the television factory in Voronezh, Russia. He is the honorary consul General of Nepal in the Republic of Belarus and was the former president of International Coordination Council ( ICC)
He had started his business as the electronic trader and now is estimated net worth is $250million to $1 billion. Currently, he has oil, electronics and real estate based in Russia with a million dollars worth of projects.
Also Read: Highest Paid YouTubers In Nepal
Ajay Sumargi, Estimated to worth 20-50 million, Chairman of Muktishree Group of Companies, is also one of the famous entrepreneurs of Nepal and among one of few Billionaire of Nepal. He is also the founding member of the telecommunication Spice Nepal with the brand name Mero Mobile which is now popularly known as Ncell, which started its operation with an investment of two billion.
In 2016, Ajay Sumargi has invested in dozens of business and commercials projects in Nepal which includes Muktishree telecom, a telecommunications company, Muktishree hydro, a hydropower company, Himalayas spring water, Hetauda academy and the national college for higher education (NCHE).
Aditya Jha is among the Nepal’s one of the richest person in Nepal who is a non-resident Nepalese with original birth at Janakpur, Nepal. He is a Canada based entrepreneur, philanthropist and social activist startups with the net worth over $ 100 million. Aditya Jha is a Nepalese Canadian Entrepreneur, and company turnarounds with interests in Canada, India, Thailand and Nepal. He is the owner of Osellus inc, a software firm owner of karma candy, a world famous chocolate manufacturer. His migrated to Canada in 24 years back and joined bell Canada and later became the general manager there.
Jiba Lamichhane, millionaire businessman based in Moscow whose original birth place is Nepal. He is estimated networth more than $100 million He had gone Russia in 1986 for engineering and there he worked as a dealer for Samsung, Sony, and LG. He is currently the Managing Director of TV manufacturing company called Techno Trust makes and delivers Elson Brand LCD TVs for the Russian Market and now is one of the top Nepali people in Russia to successfully trade electronics goods. He also has been working in collaboration with Dr. Upendra Mahato.
Pashupati Shumsher Rana
Pashupati Shumsher Rana, a politician from Rana Dynasty, was termed as one of the richest people of Nepal during the King rule with the net worth higher than King and still is one of the richest people of Nepal. He is estimated net worth is more than $250million. He is a chairperson of Rashtriya Prajatantra party and in back days used to own Nepal gas Nepal. Nepal Gas is company that is dominating the fuel supply industry in Nepal for many years.
During Panchayat era he served as Minister of Panchayat and Local Development (1986-1988), Ministry of Transport and Tourism (1978-1979) and various other full ministers and state ministers and after that era served as Ministry of Foreign Affairs (Nepal), Ministry of Finance (Nepal), Ministry of Water Resources and Communication (1990-1994), Minister of Water Resources (1995-1997 & 1997-1998).
Balram Chainrai, the son of P.G. Chainrai, a British Gorkha Army, is a businessman related to real estate and electronics. He is of Nepali origin and but migrated to Hongkong with his family since his father was a British Army. Chainrai can speak several languages and is fluent in Cantonese, English and Sindhi. He started his business career quite early in life and is now a leading businessman in Hong Kong. His company manufactures and trades electronics goods, home appliances, toys, distribution of computers and related accessories, and trade finance activities.
Considered as one of the most successful businessmen in Nepal with net worth is $100-$500Million, Rajendra Khetan leads one of the oldest business of Nepal, the Ketan Group. The oldest among three brother, Khetan currently is also the chairman of Laxmi Bank and Prime Life Insurance. The Khetan group has more than 13 organizations operating currently and has become important economic part all over Nepal.
Born in Lamjung, Jamuna Gurung is the 8th richest woman in Australia who is estimated net worth is more than $260Million. She is Co-founder and managing director of Melbourne ITechnology along with her husband Shesh Ghale. Jamuna went to Australia in 1991 for studies and graduated with a Bachelor of Business majoring in Marketing and Management from the Swinburne University of Technology. She came with an intention of completing her studies but ended up being the owner of a huge campus with a combined net worth of $435 Million.
Author: Rabindra Ghemosu
Business Development Officer, Business Analyst (Highly skilled in IT Section)