10 Things You Didn’t Know About Binod Chaudhary

Anyone within the business world is undoubtedly aware of the name Binod Chaudhary—an inspiring figure who has been making waves and setting examples of tenacity, perseverance, and sheer hard work. This article delves into the life of Nepal’s first and only billionaire and uncovers surprising facts that often go unnoticed. So, let’s learn more about this inspiring figure and gain valuable motivation that can only come from Mr. Chaudhary’s exceptional life experiences.

1. The First Billionaire From Nepal

Binod Chaudhary is widely acclaimed as Nepal’s first billionaire, an accolade fewer people are aware of. His determination, relentless conquests in the corporate world, and his entrepreneurial finesse have all led to a net worth that eclipses billions.

Chaudhary was recorded as Nepal’s first billionaire by Forbes in 2013, a commendation that undoubtedly places him in a league of his own. The following year, his net worth vastly surged, earning him a spot on the Forbes Billionaire list consecutively.

2. Legacy of His Father

The story of Chaudhary’s success wouldn’t be complete without mentioning his father, Lunkaran Das Chaudhary. An equally driven man, Lunkaran laid the foundation of Chaudhary Group, which Binod later transformed into a global empire.

Though Binod had to drop out of school at 18 to take the reins after his father fell ill, he successfully emerged as a business virtuoso. His business acumen, combined with his father’s established legacy, grew the Group into a conglomerate that dealt with electronics, real estate, hospitality, and more.

3. Not Just a Businessman

Aside from his entrepreneurial ventures, Binod Chaudhary is a dynamic personality with diverse interests. He’s a dedicated philanthropist, with a keen focus on education and poverty eradication in Nepal.

An esteemed member of the World Food Programme Ambassadors Against Hunger and the Clinton Global Initiative, he has significantly contributed to national and global betterment. His philanthropic activities extend to helping earthquake victims and providing education to girls, underlying his commitment towards uplifting society.

4. Prolific Author

Chaudhary isn’t just about business and philanthropy; he is a celebrated author as well. His book “Making It Big” tells the awe-inspiring story of his journey from a local Nepalese trader to a world-renowned billionaire.

In his autobiography, he candidly shares his struggles, failures, and lessons learned, arming up-and-coming entrepreneurs with invaluable wisdom. The book, published in several languages, has received global recognition and flurry of accolades.

5. Passion for Fitness

At this stage in life, one could expect Binod Chaudhary to slow down. Quite the opposite, he is a fitness enthusiast, fueling his vigor for life and work.

An avid trekker, he has scaled the heights of Everest Base Camp and Annapurna Base Camp, illustrating his adventurous spirit. Chaudhary has also finished marathons worldwide, highlighting his dedication to fitness and active living.

6. Global Investments

While his business empire began in Nepal, Chaudhary’s acumen and foresight led him to make investments worldwide, particularly in the hospitality and real estate sectors.

With stakes in luxury properties in the UAE, the Maldives, and Sri Lanka, among others, he has cultivated a rich portfolio. His global presence in business is a testament to his functionality beyond borders, leaving many in awe of his prowess.

7. Recipient of Various Awards

Chaudhary’s achievements have garnered him numerous national and international awards. These accolades celebrate his entrepreneurial journey and the changes he has created in the business landscape.

Some of the notable awards include the Forbes Asia’s “Heroes of Philanthropy” and Frost and Sullivan’s Nepal Emerging Company of the Year. Each award stands as a testament to his dedication, success and philanthropy.

8. Producer of a Nepali Film

In another surprising revelation, Chaudhary is the producer behind one of the most acclaimed films in Nepal, “The Man from Kathmandu”. The film, a blend of Hollywood and Bollywood, was a monumental step for the Nepali film industry.

Chaudhary’s involvement in the project underscores his dedication to uplifting and diversifying Nepal’s global representation. His investment in movie production fosters a more enriching cinematic future for the country.

9. Cultural Icon

As Nepal’s foremost global representative in the business sphere, Chaudhary has become a cultural icon and source of national pride.

Chaudhary’s applicability to cultural heritage can be seen in his dedication to promoting Nepali traditions and values on both national and international platforms. From revitalizing traditional Nepali architecture to supporting local artisans, he significantly contributes to the cultural landscape of Nepal.

10. Constant Learning Attitude

Arguably, one of the most admirable attributes of Binod Chaudhary is his lifelong approach to learning. Despite his illustrious achievements, he continues to relentlessly pursue opportunities for personal and professional growth.

It’s this persistent desire for improvement and developing new skills that maintains his status as a business magnate. This is a lesson he imparts to aspiring entrepreneurs: never stagnate, always keep learning and evolving.

For more insights, check out the links below:

Forbes Profile – Binod Chaudhary
“Making It Big” – book by Binod Chaudhary
Chaudhary Group official website
CNN Interview – Binod Chaudhary