1. Binod Chaudhary is a Nepalese billionaire businessman, politician and philanthropist.
30 Facts About Binod Chaudhary
1. 2.
Binod Chaudhary is the chairman and president of the Chaudhary Group.
3.
Binod Chaudhary's grandfather, Bhuramal Das Chaudhary, was an entrepreneur who started a textile business.
4.
Binod Chaudhary's father was a businessman who further developed his grandfather's business.
5.
Early in his career, Chaudhary chose to pursue further education rather than join the family business.
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Binod Chaudhary is a fan of Bollywood icons Amitabh Bachchan and Ranbir Kapoor.
7.
In 1968 Lunkaran Das Binod Chaudhary founded Arun Emporium, a retail store which was his most successful enterprise.
8.
At the age of eighteen, Binod Chaudhary was about to head to India to study chartered accountancy, but his father was diagnosed with heart disease and the doctor told him his father could not continue to run the family business.
9.
Binod Chaudhary was a huge success, because of the many wealthy and powerful people who visited the club.
10.
In 1979, Binod Chaudhary made a deal with Japanese electronic firm National Panasonic, which was his first multinational deal.
11.
Binod Chaudhary went to Thailand, where he visited Thai Preserved Food Factory Co.
12.
Binod Chaudhary wanted to collaborate with the company the owner was not that confident the idea of bringing the noodles to Nepal would work due to the country's "poverty and poor infrastructure".
13.
In 2013, Binod Chaudhary was listed as Nepal's first billionaire by Forbes.
14.
In 1995, Binod Chaudhary bought the Dubai government's controlling stake in the Nabil Bank.
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Binod Chaudhary has interests in hotels and resorts, wildlife and in-bound tourism, FMCG, real estate, cement, and financial services.
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Binod Chaudhary has started to show interest in joint ventures with Taj Hotels Group.
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Binod Chaudhary wants Nepal to move to a certain point where other investors see it as a safe place to invest.
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Binod Chaudhary was involved working on the draft of their economic policy in 1994.
19.
In 2017, Binod Chaudhary joined the Nepali Congress party, led by Sher Bahadur Deuba.
20.
The party has stated that Binod Chaudhary has made significant contributions to the country.
21.
Binod Chaudhary was a member of the parliament of Nepal, representing the Communist Party of Nepal-Unified Marxist Leninist.
22.
Binod Chaudhary told Forbes India, "When I made up my mind to write this book, I decided that I would not manipulate it".
23.
Binod Chaudhary's information is approached from a plethora of angles and he uses his mistakes as a learning tool.
24.
Binod Chaudhary arranged for health care workers to help the victims of the earthquake in 12 districts of Nepal.
25.
Binod Chaudhary has his own charity, called the Chaudhary Foundation.
26.
Binod Chaudhary has been subject to various allegations and controversies over the years.
27.
Binod Chaudhary has faced accusations of tax evasion, financial irregularities, and alleged monopolistic practices within certain sectors.
28.
Investigations revealed that Binod Chaudhary's company took control of shares allocated to the public during the privatization process, subsequently gaining control of the land.
29.
Binod Chaudhary was named in the Pandora Papers leak in 2021.
30.
Binod Chaudhary himself has alluded to such practices in his autobiography.