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Top 10 Richest People in Nepal

Here is a detailed overview of the wealthiest individuals in Nepal (Richest People in Nepal), including their net worth, business ventures, and notable contributions:

1. Binod Chaudhary

  • Net Worth: $1.8 billion
  • Business: Founder and chairman of Chaudhary Group, a multinational conglomerate involved in consumer goods, hospitality, financial services, and more. The group is famous for its Wai Wai noodles.
  • Notable Details: First Nepalese to enter the Forbes billionaire list; operates over 80 businesses across 19 countries

2. Shesh Ghale

  • Net Worth: $1.18 billion
  • Business: Co-founder and CEO of the Melbourne Institute of Technology (MIT) in Australia.
  • Notable Details: Former president of the Non-Resident Nepali Association (NRNA); known for his philanthropic efforts during the 2015 earthquake in Nepal.

3. Jamuna Gurung

  • Net Worth: $260 million
  • Business: Managing Director of MIT, co-founded with Shesh Ghale.
  • Notable Details: Recognized as the eighth wealthiest woman in Australia; contributes significantly to education and community development.

4. Upendra Mahato

  • Net Worth: $250 million
  • Business: Involved in various sectors including electronics, oil and gas, real estate, and telecommunications.
  • Notable Details: Former president of the ICC of NRNA; Honorary Consul General of Nepal in Belarus.

5. Ajay Sumargi

  • Net Worth: $200 million
  • Business: Chairman of Muktishree Group; Executive Director of Nepal Satellite Telecom Pvt. Ltd.
  • Notable Details: Founding member of Ncell Pvt. Ltd.; has investments in hydropower and education sectors.

6. Adhitya Jha

  • Net Worth: $100 million
  • Business: CEO and President of Osellus Inc., a software company; owner of Karma Candy, a major confectionery manufacturer in Canada.
  • Notable Details: Active philanthropist focused on digital literacy and education initiatives in Nepal.

7. Jiba Lamichhane

  • Net Worth: $100 million
  • Business: Managing Director of Techno Trust, which manufactures Elson Brand LCD televisions.
  • Notable Details: Former president of NRNA’s ICC; recognized for significant charitable contributions.

8. Pashupati Shamsher Jang Bahadur Rana

  • Net Worth: $82 million
  • Business: Stakeholder in various manufacturing companies; previously owned Nepal Gas.
  • Notable Details: Has a historical connection to Nepal’s royal family; involved in multiple business ventures.

9. Balram Chainrai

  • Net Worth: $70 million
  • Business: CEO of Chainrai Group of Companies; involved in real estate and electronics.
  • Notable Details: Active philanthropist engaged with Rotary International and other charitable organizations.

You might like: 10 Business Ideas You Can Start in Nepal with Almost No Money

10. Rajendra Khetan

  • Net Worth: Estimated at $50 million (not explicitly listed but inferred from context).
  • Business: Executive director of Khetan Group, known for beverage manufacturing.
  • Notable Details: Continues the family legacy in business; contributes to various sectors within Nepal.

This list reflects the dynamic entrepreneurial landscape in Nepal, showcasing the Richest People in Nepal — individuals who have made significant contributions to the economy and society at large.

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