Nepal, a small South Asian country, is home to some of the wealthiest individuals in the region. Despite being a relatively poor country with a low GDP per capita, Nepal has produced several self-made millionaires and billionaires through entrepreneurship, business, and investment. In this article, we will take a look at the 10 richest people in Nepal.

Top 10 Wealthiest Nepalese in 2023

Nepal may be a small and developing country, but it has produced several successful entrepreneurs and business leaders. These Top 10 Nepalese individuals represent the pinnacle of Nepal’s business community and have made significant contributions to the country’s economic development and growth. Many of them are also actively involved in philanthropic activities, supporting various causes such as education, healthcare, and disaster relief.

Binod Chaudhary (221,368 Million NPR)

Binod Chaudhary is the richest person in Nepal in 2023, with a net worth of $1.7 billion. He is the founder and chairman of the Chaudhary Group, a conglomerate that operates businesses in more than 40 countries. The group’s operations include hotels, real estate, banking, electronics, and FMCG.

Upendra Mahato (158,168 Million NPR)

Upendra Mahato is the second richest person in Nepal in 2023, with a net worth of $1.2 billion. He is a Nepalese businessman based in Russia, where he owns a number of businesses, including hotels, shopping malls, and real estate. He is also involved in philanthropic activities through the Mahato Memorial Foundation.

Shesh Ghale (138,068 Million NPR)

Shesh Ghale is the third richest person in Nepal in 2023, with a net worth of $1 billion. He is the co-founder of the Melbourne Institute of Technology (MIT) in Australia and also owns the Snowy Hydro SouthCare helicopter rescue service. He is also involved in several philanthropic activities through the Shesh Ghale Foundation.

Ajeya Raj Sumargi (65,845 Million NPR)

Ajeya Raj Sumargi is the fourth richest person in Nepal in 2023, with a net worth of $500 million. He is the founder and chairman of the Muktishree Group, which operates businesses in sectors such as energy, infrastructure, and hospitality.

Nirvana Chaudhary (56,626 Million NPR)

Nirvana Chaudhary is the fifth richest person in Nepal, with a net worth of $430 million. He is the managing director of the Chaudhary Group, and oversees the group’s operations in Nepal and abroad.

Chandra Prasad (46,091 Million NPR)

Dhakal Chandra Prasad Dhakal is the sixth richest person in Nepal, with a net worth of $350 million. He is the chairman of the IME Group, which operates businesses in sectors such as remittance, trading, and healthcare.

Rameshwar Agrawal (39,506 Million NPR)

Rameshwar Agrawal is the seventh richest person in Nepal, with a net worth of $300 million. He is the chairman of the Siddhartha Group, which operates businesses in sectors such as cement, real estate, and hospitality.

Balram Chainrai (32,922 Million NPR)

Balram Chainrai is the eighth richest person in Nepal, with a net worth of $250 million. He is a Hong Kong-based Nepalese businessman, and the founder and chairman of the Hong Kong-based company, LCFC Group, which operates businesses in sectors such as real estate, manufacturing, and logistics.

Ajay Sumargi (26,337 Million NPR)

Ajay Sumargi is the ninth richest person in Nepal, with a net worth of $200 million. He is the managing director of the Muktishree Group, which operates businesses in sectors such as energy, infrastructure, and hospitality.

Binod K. Chaudhary (21,070 Million NPR)

Binod K. Chaudhary is the tenth richest person in Nepal, with a net worth of $160 million. He is the managing director of the Chaudhary Group, and oversees the group’s operations in Nepal and abroad.

Apart from the 10 individuals listed above, Nepal is also home to other successful entrepreneurs and business leaders. These include Durga Prasad Devkota, who is the founder of the Devkota Group and has a net worth of $120 million, and Binod K. Mainali, who is the founder of the Mainali Group and has a net worth of $100 million.

Despite the success of these individuals, Nepal remains one of the poorest countries in the world, with a large portion of the population living in poverty. The government of Nepal has been working to improve the country’s economic situation by promoting foreign investment, encouraging entrepreneurship, and investing in infrastructure development.

Top 10 Wealthiest Neapales in 2023 SUMMARY

The richest person in Nepal is Binod Chaudhary. He is worth $1.7 billion and owns a big company that does many things in many countries. The second richest person is Upendra Mahato. He is worth $1.2 billion and owns businesses in Russia. Shesh Ghale is the third richest person, worth $1 billion, and he started a college in Australia. The fourth richest person is Ajeya Raj Sumargi, worth $500 million, and he owns companies in energy, infrastructure, and hospitality. The fifth richest person is Nirvana Chaudhary, worth $430 million, and he helps run the Chaudhary Group. The sixth richest person is Chandra Prasad Dhakal, worth $350 million, and he owns the IME Group. The seventh richest person is Rameshwar Agrawal, worth $300 million, and he started the Siddhartha Group. The eighth richest person is Balram Chainrai, worth $250 million, and he owns companies in real estate, manufacturing, and logistics. The ninth richest person is Ajay Sumargi, worth $200 million, and he helps run the Muktishree Group. The tenth richest person is Binod K. Chaudhary, worth $150 million, and he helps run the Chaudhary Group.

Also Read: Top 10 Richest People in Sri Lanka 2022 [Updated]

In conclusion, the 10 richest people in Nepal are a testament to the potential for success and wealth creation in the country. While Nepal still faces many challenges in terms of poverty and economic development, these individuals serve as role models and sources of inspiration for aspiring entrepreneurs and business leaders.