Binod Chaudhary Biography, Age, Wife, Family, Caste, Net Worth and More

Binod Chaudhary is a well-known businessman from Nepal. He was born on April 14, 1955, in Kathmandu. He is best known for being Nepal’s first billionaire and the man behind the popular Wai Wai noodles brand. Today, he is the Chairman of CG Corp Global, a large company that runs businesses in food, hotels, banking, real estate, and more across 30+ countries.

Binod comes from a Marwari family with a long history in trade and business. His grandfather started selling textiles in Kathmandu nearly a century ago, and his father expanded the business further. Binod took over the family business at a young age and turned it into a global empire. He also served as a Member of Parliament in Nepal and is active in social work through the Chaudhary Foundation.

Early Life and Background

Binod was born on April 14, 1955, in Kathmandu, Nepal. He comes from a Marwari business family. His roots trace back to Rajasthan, India. His grandfather, Bhuramal Das Chaudhary, moved from Shekhawati in Rajasthan to Nepal in the late 1800s. He started selling textiles door-to-door in Kathmandu. He carried bundles of fabric on his back and sold them to royal families and rich merchants. This was the beginning of the Chaudhary family’s business journey.

The family’s first big step came after the 1934 Nepal-Bihar earthquake. Bhuramal saw a chance to help and grow. He started Nepal’s first registered clothing company. This laid the foundation for what would later become the Chaudhary Group. His son, Lunkaran Das Chaudhary, expanded the business. He moved into international trading, construction, and retail. In 1968, he opened Arun Emporium, a famous store in Kathmandu.

Family Members

Binod’s father, Lunkaran Das, was a visionary. He believed in modern business and global thinking. His mother, Ganga Devi Chaudhary, was the pillar of the home. She supported the family and helped raise Binod and his two younger brothers, Arun and Basant. Both brothers are also involved in the family business today.

Binod is married to Sarika Chaudhary. She has been a strong support in his life. Together, they have three sons: Nirvana, Rahul, and Varun. All three sons are active in CG Corp Global. Nirvana is based in Nepal and works as a Managing Director. Rahul and Varun live abroad and handle international operations. The family works together to grow the business and help society.

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Education Journey

Binod began his education at St. Xavier’s School in Kathmandu. It was one of the best schools in Nepal. He was a bright student, curious and eager to learn. After finishing school, he went to India International School in Darjeeling. This gave him exposure to a new culture and way of thinking. He read books, met people, and traveled.

He then enrolled at Tribhuvan University in Nepal. He wanted to study further and become a chartered accountant. But life had other plans. His father’s illness meant he had to leave his studies and take care of the business. He never completed his degree, but he never stopped learning. He also learned from great leaders. He admired JRD Tata, Nelson Mandela, and Sri Sri Ravi Shankar.

Marriage and Personal Life

Behind every successful person, there is often a strong support system. For Binod Chaudhary, that support comes from his wife, Sarika Chaudhary. Sarika has been with Binod through every stage of his journey—from the early days of business struggles to the heights of global success. She is known for being calm, wise, and deeply involved in both family and social causes.

Sarika is not just a homemaker. She has played a key role in the Chaudhary Foundation, the family’s philanthropic arm. She helps manage projects related to education, health, and disaster relief. Her quiet strength and dedication have helped Binod stay focused and grounded. Their marriage is built on mutual respect, shared values, and a deep understanding of each other’s goals.

Family Life

The Chaudhary family is known for its close bonds and strong values. Binod believes that family is the foundation of everything. He often says that his success would not be possible without the love and support of his wife and children. The family spends time together, travels, and celebrates festivals with joy and tradition.

Binod’s sons have taken on leadership roles in CG Corp Global. Nirvana is based in Nepal and oversees operations there. Rahul and Varun handle international business from Dubai and Singapore. Each son brings a unique skill set to the company, and Binod encourages them to think independently while staying united.

Career Beginnings

Binod’s business journey began early. As a teenager, he helped his father at Arun Emporium, a popular store in Kathmandu. He learned how to talk to customers, manage inventory, and handle money. These lessons were more valuable than any classroom education.

When his father fell ill, Binod had to take charge of the business. He was just 18 years old, but he didn’t hesitate. He gave up his dream of becoming a chartered accountant and focused on growing the family business. It was a tough decision, but it showed his sense of duty and courage. His first independent venture was a disco club called Copper Floor. After Copper Floor, Binod started looking at bigger opportunities. He entered the electronics market, bringing Japanese brands to Nepal.

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Rise of CG Corp Global

CG Corp Global is now one of the biggest business groups in South Asia. It has over 160 companies in more than 30 countries. But it all started with small steps. Binod took the family business and turned it into a global brand through smart planning and bold decisions.

He entered many sectors—FMCG, hospitality, real estate, finance, and more. He built hotels, launched food products, and invested in technology. He didn’t just grow in Nepal—he expanded to India, Sri Lanka, the Middle East, Africa, and Europe.

The Wai Wai Revolution

One of Chaudhary’s most famous achievements is the creation of Wai Wai noodles. In the early 1980s, instant noodles were not common in Nepal. Binod saw a gap in the market and decided to introduce a product that was tasty, affordable, and easy to prepare. He partnered with Thai Preserved Food Factory Co. Ltd. and brought Wai Wai to Nepal.

The name “Wai Wai” means “fast fast” in Thai, which matched the product’s appeal. It was ready to eat in just two minutes and could be eaten dry or cooked. This made it perfect for students, workers, and families. Binod focused on quality, flavor, and packaging. He made sure the noodles had a unique taste and were easy to carry. After success in Nepal, Binod wanted to take Wai Wai to the world. He set up factories in India, Bangladesh, Serbia, and Egypt.

Business Empire and Ventures

Binod’s company, CG Corp Global, is more than just noodles. It is a huge business group with over 160 companies in more than 30 countries. The company works in many areas—food, hotels, real estate, banking, education, and more.

In hospitality, CG owns and runs hotels under brands like Taj, Alila, and The Fern. These hotels are in Nepal, India, Sri Lanka, and the Maldives. Binod believes in offering world-class service with a local touch. His hotels are known for comfort, style, and great customer care. In real estate, CG builds homes, offices, and malls. In finance, it runs banks and insurance companies.

Net Worth and Financial Success

In 2013, Binod was listed by Forbes as Nepal’s first billionaire. This was a proud moment for the country. It showed that someone from Nepal could compete with global business leaders. As of 2025, Binod’s net worth is around $1.8 billion.

His wealth comes from many sources—CG Corp Global’s businesses in food, hotels, real estate, and finance. Wai Wai noodles alone bring in hundreds of millions of dollars every year. His hotels and real estate projects also add to his income.

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Political Involvement

Binod is not just a businessman—he is also a politician. He served as a Member of Parliament in Nepal. He joined politics to help the country grow and solve problems. He believes that business and politics can work together for good.

In Parliament, Binod focused on economic development, education, and disaster relief. He spoke about creating jobs, improving schools, and helping people after earthquakes. He used his business experience to suggest smart policies.

He also worked with leaders from other countries. He joined global forums, gave speeches, and shared Nepal’s story. He wanted the world to see Nepal as a place of hope and opportunity.

Philanthropy and Social Impact

Binod Chaudhary believes that success means nothing if you don’t help others. That’s why he started the Chaudhary Foundation. This is the social arm of CG Corp Global. It works to improve lives in Nepal through education, health, disaster relief, and more. The foundation is one of the most active and respected in the country.

After the 2015 earthquake in Nepal, the foundation helped rebuild homes, schools, and hospitals. It provided food, water, and shelter to thousands of people. Binod and his team worked day and night to bring hope to those who lost everything. This showed his deep love for his country and its people.

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