When it comes to an entrepreneur in Nepal, Binod Chaudhary’s name stands in rank one. He is the first Nepali listed in Forbes magazine as Nepal’s first billionaire. Born on 14 April 1955, he is the chairman of the Chaudhary Group, which has nearly 80 companies. Chaudhary Group product Wai Wai noodles are the most successful product that produces more than a billion packets annually and expanded over 35 countries. He also has a massive investment in other sectors like banking, cement, real estate, hotels, electronics and home appliances, education, energy, retail, etc. He has also founded the Chaudhary foundation, which has been contributing to the field of education, health, sports, and youth empowerment.
One name stands proud, and it stands miles and miles out; well, he is Binod Chaudhary. He helped his father from a very younger age to convert his modest departmental store into Nepal’s one of biggest conglomerates. Chaudhary became one of Nepal’s most prominent industrialists with the aid of his grandfather and became the 1415th richest man alive with an estimate of $1.34bn Binod Chaudhary & family. Today Chaudhary group comprises over 80 businesses and spreads across all 5 continents, owns more than 60 manufacturers in 30 nations, and employs more than 6000 human beings.
Wai Wai is the agency’s most successful emblem and has produced over one billion packets of noodles annually and ships them off to around 35 nations. He has established a foundation that makes extensive contributions in the fields of schooling, health, sports, and children empowerment, providing scholarships to the needy and additionally taking projects in developing Nepal’s education system and socio-monetary conditions.
Min Bahadur Gurung
Have you ever been to Bhabhateni supermarket? Do you know the founder of it? Well, if you have never known about him, then remember the name. He is Min Bahadur Gurung. He is the owner of the Bhatbhateni chain of the supermarket. With just $1135, he started his venture with a small grocery store, but now he has many Bhatbhateni chains and even expanding all over the country. He encourages young Nepalese entrepreneurs with his inspiring story behind the scene.
The success of Dwarika’s Hotel is none other than Ambika Shrestha. Dwarika hotel is one of the most renowned hotels in the world, constructed to preserve unique architecture and art. She was born in Darjeeling, India, and settled in Nepal after marrying Dwarika Prasad Shrestha. After the death of her husband, she completely took charge of the hotel and raised its height in the world. She is also working as an honorary consulate general of Spain for Nepal. She is one of the best examples of a women entrepreneur in Nepal that could inspire women towards entrepreneurs.
Upendra Mahato is one of the most successful entrepreneurs in Nepal living in Russia. He was born in 1960 AD in Siraha, Nepal. He has a doctorate from Russia. He is the president of the Russia-Nepal Chamber of commerce and Industry. He entered the field of business as an electronic trader after completing his Ph.D., but now, he has expanded his business into oil, real estate, banking, and heavy machinery. He is expected to have a property worth 1 billion dollars. Besides business, he has been involved in social welfare activities.
Upendra Mahato is a famous and successful entrepreneur in Nepal. His Net Worth is approximately $1 Billion. Upendra Mahato earned his doctorate in Russia. Following this, he expanded his organization into fields as diverse as electronics and oil. His enterprise comprises 12,000 employees and serves sectors like banking, heavy machinery, and real estate.
Initially, Mahato received his start working as an electronic dealer in Voronezh. He purchased a TV factory that grew to supply 1,000,000 televisions per year. Outside of this, he’s got a TV elements outlet that serves 80,000 clients every day. Later, Mahato started building high upward push buildings to serve as a premium rental block in Moscow. Even though he accumulated wealth from his business pursuits, Mahato’s fame is due to his social paintings. In the course of his life, he has built antique age homes in the period of Nepal and even constructed a health facility in Karjanha.
Sesh Ghale is a successful entrepreneur born in Lamjung, Nepal, currently residing in Australia. He was ranked the 99th richest person in Australia. Now, he is the CEO and founder of the Melbourne Institute of Technology. He is also president of NRNA. He graduated with a Master of Civil engineering from USSR between 1979 and 1986 and did his MBA from Victoria University, Australia. He and his wife co-founded the Melbourne Institute of technology in 1996. He is currently involved in the business, commercial sectors, and education. MIT is Australia’s one of the leading private education providers.
Shesh Ghale is the president of NRNA (Non-Resident Nepali Association). He is an entrepreneur and founder, and CEO of the Melbourne Institute of technology. He was ranked the 99th richest man in Australia within the 2015 BRW rich two hundred. He is the 1/3 richest guy in Nepal.
Ghale graduated with a grasp of Civil Engineering from the Kharkiv Automobile and Highway Institute of Kharkiv, Ukraine, from 1979 to 1986, which became the scholarship application of the government of Nepal.
He then worked for a branch of shipping control as an engineer in a toll road improvement mission. In 1990, he moved to Melbourne, Australia, to do further research, where he completed a master of enterprise management from Victoria College, Australia, in 1994.
He is the CEO and founder of Mega Bank in Nepal. Anil shah is one of the most prominent and successful entrepreneurs in Nepal. Earlier in his starting years, he was in the position of chief operating officer in a standard chartered bank, as CEO of Nabil bank for five years, and became one of the most successful banking people in a short time. Shortly, he is expected to be listed as one of the top entrepreneurs in Nepal. He can be one of the best examples of new entrepreneurs in the banking sector who be successful.
Birendra Basnet is a name that very few people may know, but when you go deep inside him, you will know who he is. He is the managing director of Buddha Air. His family background was agriculture, and he was the first family member to go out of his tradition. Fourteen years ago, he started his business by taking a loan, but now, Buddha air is one of Nepal’s most popular and reliable air transport. He believes diligence, integrity, and honesty are the main factors behind his success.
Ichhya Bahadur Tamang
He is the founder and chairperson of the Civil Group. A Civil group is one of the largest and growing business institutions in Nepal. It operates civil homes, civil merchant Bittiya Sanstha, Civil business complex, civil bank, and international civil consultant. He studied Hydropower engineering in USSR, where he experienced the business idea during the economic hardship in 1989. Back when he came to Nepal, he started a civil home with a group of 12 engineers. The Civil group was the first to start the concept of housing in Nepal. It started civil homes in 25 companies of land in Bhaisepati. Now, it is one of the leading construction companies in Nepal.
Ajeya Sumargi is a renowned name in Nepal. He is the chairman of the Muktishree group of companies. He was the founding member of Mero mobile, which is now branded as Ncell. He is currently the executive director of Hello Nepal, which has started its service from the Midwestern region and expanded to the Far-western area. He is a pioneer businessman, industrialist, and counselor of Belarus to Nepal. He has even published his book Ajeya Raj Sumargi where he describes his struggle and experiences.
Karna Shakya is one of the most inspiring and motivational entrepreneurs in Nepal. He has worked as an environmentalist, conservationist, hotel entrepreneur, writer, and philanthropist. He has an academic background in forestry. So, he served as a wildlife officer and played an important role in establishing the first national park in Nepal. Later, he entered the tourism industry. He has eco-friendly hotels in Kathmandu, Pokhara, Chitwan, and Lumbini. He is a writer too. He has written books like Soch, Khoj, Ma sakchu, and Moj. He is a role model for young entrepreneurs. He has inspired many youths of Nepalese through his books.
Mr. Balaram Chainrai is the son of Mr. PG Chainrai, who’s one of the pioneer Indian businessmen in Hong Kong and the founding father of the Chainrai institution of companies in 1949. Educated in Hong Kong, Mr. Balaram speaks numerous languages and is fluent in Cantonese, English, and Sindhi. Having begun his commercial enterprise career pretty early in existence, Mr. Balaram quickly hooked up himself as a leading commercial enterprise guy in Hong Kong. His center enterprise, Horning ton businesses restricted, was incorporated in 1984 in Hong Kong, and soon other partner corporations were set up. The agency is concerned with manufacturing, buying, and selling electronic, domestic home equipment and toys, distribution of computer systems and associated add-ons, and trade finance activities. Directed by his dynamic leadership, the business enterprise soon grew in terms of enterprise volume and diversity.
We also have article on Multinational Companies in Nepal.
Savitri Devi Chaudhary
Within three years, Savitri Devi Chaudhary holds important positions within the small commercial enterprise zone— she is an energetic member of diverse institutions, social networks, and a position version of her village. She leads and represents the girl’s marketers of Sunsari district as the government Member of the District Microentrepreneurs groups affiliation (DMEGA), the vice president of the eastern regional Micro-entrepreneurs Federation (ERMEFN), and additionally the executive member of the national Microentrepreneurs Federation Nepal (NMEFN). “I’ve represented my country as a successful Nepali woman entrepreneur in a fair held in Dhaka, Bangladesh,” says Savitri proudly.
Pashupati Shamsher Rana
Pashupati Shamsher Rana was once termed the Nepal entrepreneur, the wealthiest person in Nepal, and considered even more prosperous than the King. Once in an interview, he said that his wife, the princess of then the Indian Kingdom, brought a dowry valued at 25000 million rupees in the present day.
Aaditya Jha is a Nepalese-Canadian entrepreneur, philanthropist, and social activist. He has a net worth of $1 million and is a globetrotter. His commercial enterprise portfolio consists of different startups and enterprise turnarounds with pursuits in Canada, India, Thailand, and Nepal. He additionally runs several philanthropic tasks through his private Charitable basis (POA academic foundation), promoting education and nurturing entrepreneurship to boom opportunities for less fortunate ones. Jha takes a unique hobby in fostering prosperity and monetary independence among Canadian-First countries communities and people through schooling scholarships at top Canadian universities and a task that encourages entrepreneurship.
Entrepreneurs are the people who invest their money in the right way at the right time, which is valuable for society, country, and community. We have listed the top 7 Nepal entrepreneurs committed to working for the people and the nation. Entrepreneurs in Nepal are rising in number, but in this article, we cover the most successful entrepreneurs in Nepal.
Here’s the story of Young Entrepreneur selling Chiya.