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Binod Chaudhary - Chairman of Chaudhary Group (CG Corp Global) Professional

Mar 27th, 2024 at 13:29   Biography   Kathmandu   7 views Reference: 1591

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Location: Kathmandu

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Binod Chaudhary, a prominent figure in the global business arena, is best known as the Chairman of Chaudhary Group (CG Corp Global), one of Nepal's largest and most diversified conglomerates. His journey from humble beginnings to becoming a billionaire entrepreneur is a testament to his resilience, vision, and entrepreneurial spirit.

Binod Chaudhary was born on April 14, 1955, in Kathmandu, Nepal, into a middle-class family. His father, Lunkaran Das Chaudhary, ran a small textile shop, where Binod learned the basics of business from a young age. Despite facing financial constraints, he pursued his education with determination, graduating from Tribhuvan University in Kathmandu with a Bachelor's degree in Commerce.

After completing his education, Binod Chaudhary joined his family's textile business, laying the foundation for what would eventually become the Chaudhary Group. In 1973, at the age of just 18, he took over the reins of the struggling enterprise following his father's untimely demise. With sheer grit and a keen eye for opportunities, he transformed the company into a diversified conglomerate spanning multiple sectors.

Under Binod Chaudhary's leadership, Chaudhary Group expanded its operations beyond textiles into sectors such as banking, food and beverages, real estate, hospitality, and telecommunications. The group's flagship brand, Wai Wai, a popular instant noodle brand, became a household name not only in Nepal but also in numerous countries across Asia and beyond.

Recognizing the importance of globalization, Binod Chaudhary steered the group towards international expansion. CG Corp Global, the international arm of Chaudhary Group, has established a presence in over 30 countries, with interests in industries ranging from hospitality to infrastructure.

Binod Chaudhary's entrepreneurial acumen and leadership have earned him numerous accolades and recognition both domestically and internationally. In 2013, he became the first Nepali billionaire to be listed by Forbes magazine. His philanthropic endeavors through the Chaudhary Foundation, focusing on education, healthcare, and disaster relief, have positively impacted thousands of lives in Nepal and beyond.

Beyond business and philanthropy, Binod Chaudhary has also ventured into politics, serving as a Member of Parliament in Nepal. He has used his political platform to advocate for economic development and social welfare initiatives in the country.

Binod Chaudhary's life journey exemplifies the transformative power of entrepreneurship and perseverance. From his modest beginnings in Kathmandu to his current stature as a global business magnate, he continues to inspire aspiring entrepreneurs and business leaders worldwide with his remarkable achievements and unwavering commitment to excellence


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