Binod Chaudhary Nepal's first billionaire: Forbes

Binod Chaudhary

An international magazine which ranks the world's richest people has declared businessman Binod Chaudhary the richest man in Nepal.

Forbes magazine said that Chaudhary, whose net worth is $ 1 billiion,is Nepal's first billionaire.

"From supplying goods to the erstwhile royal family and opening the country's first department store, the Chaudhary Group's interests today include banking, foods, cement, real estate, hotels, power and electronics," said the magazine. nepalnews.com