From Noodles to a Billion-Dollar Empire: The Binod Chaudhary Story
By Kushal Shrestha - May 15, 2025 | Updated On: 15 May, 2025 | 9 min read
By Kushal Shrestha , 9 min read - May 15, 2025
Updated On: 15 May, 2025

There’s something quietly magical about stories that start small: a humble idea, a modest background, a spark that no one else quite sees. The Binod Chaudhary story is a rare journey from Kathmandu’s tightly packed streets to the world’s platform, from a local trader to the man affectionately known as “The Noodle King,” who became Nepal’s first and only billionaire, all kick-started by a simple noodle.
You must have heard of Wai Wai. If you’ve lived in and, at some point, visited Nepal, surely you’ve had some. Cheap, flavorful, and oddly comforting, this snack hides stories of ambition and grit that take small dreams into global empires.
Why this story, now? Stories like this make us realize that greatness can originate from even the smallest places in the world. The Binod Chaudhary story is not just an entrepreneurial story but a story of resilience, reinvention, and belief in how something big can grow out of something small.
Early Life and Career of Binod Chaudhary Story
Binod Chaudhary, born on April 14, 1955, is a Nepali billionaire businessman, philanthropist, and industrialist. Before the titles above took hold, he was simply the eldest son of a middle-class business family trying to make sense of the world around him.

He came from a family of entrepreneurs in Kathmandu, Nepal. His grandfather, Bhuramull Chaudhary, had moved from Rajasthan, India, to Nepal, where he started a textile business. His father, Lunkaran Das Chaudhary, enriched and extended the family legacy by entering the retail and import-export business. So, Binod was not only observing business; he was living inside it. The fabric smell, the market roaring, and the dances of the transactions were among the things he grew up with.
His education included both standard school courses and practical business teachings from everyday life. His education began at Durbar High School in Kathmandu before continuing higher studies at St. Xavier’s College in Kolkata, India. But life, as it often does, took a sharp turn. Binod went back home and entered the world of business on a full-time basis after the serious illness of his father. His classrooms became counters, ledgers, and supplier meetings when he was 18.
He began working with his family’s business as a teenager, but the real turning point came in the late 1970s when he diversified the family enterprise. In 1984, he started CG Foods, which launched the now-iconic Wai Wai noodles. The decision to manufacture instant noodles for the South Asian region changed the face of his business and the Nepalis’ eating habits. Wai Wai became a household name in Nepal and 30 other countries, making Chaudhary a visionary businessman.
He is not only an entrepreneur but also a political figure. He is a Nepali Member of Parliament and a member of the Nepali Congress political party. Through his political membership, he utilizes his skills to influence economic policy and national development.
He’s also a highly active philanthropist. In 1995, he founded The Chaudhary Foundation to provide education, healthcare, disaster relief efforts, and sustainability. Following Nepal’s devastating 2015 earthquake, his foundation was among the first to lead the rescue efforts by donating funds, constructing schools and homes, and offering emergency assistance.
The Wai Wai Revolution
Wai Wai wasn’t his invention. Let’s clarify that. It was initially produced in Thailand. But Binod saw potential where others didn’t, perhaps because no one else was looking.
In the early 1980s, instant noodles weren’t a thing in Nepal. Food options were traditional, limited, and slow to prepare. Binod realized that a ready-to-eat snack could change habits, especially for students and working-class families.

He took a calculated risk. Partnering with Thai manufacturers, he began producing Wai Wai locally. People were skeptical. Who’d eat packaged noodles when they could make rice?
Here’s the thing: He not only imported the product, but he also established a brand. The brand customizes all aspects of packaging, including flavor profiling and marketing strategies for the Nepali consumer market. Time transformed the product into a fundamental part of Nepali cultural identity.
It wasn’t all smooth sailing. The early years were tough: The company needed to handle supply chains and distribution systems while persuading retail outlets to stock this new product. But he stuck with it. The breakthrough revelation happened during an unspecified period of persistence. Wai Wai experienced skyrocketing demand and quickly became a bestseller.
From there, expansion became not just possible but inevitable. First, it went to India, then to the Middle East, and then to Africa. Today, Wai Wai is sold in over 30 countries.
This single product catalyzed the growth of the Chaudhary Group (CG) into a diversified multinational conglomerate, with interests in:
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Fast-Moving Consumer Goods (FMCG)
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Hospitality (CG Hotels & Resorts)
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Real Estate
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Telecommunications
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Banking and Finance
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Energy and Infrastructure
READ MORE: The IMS Software Journey in Nepal: From Startup to Software Powerhouse
Binod Chaudhary’s Net Worth and Recognition
In 2013, Binod Chaudhary made headlines when Forbes officially listed him as Nepal’s first billionaire. At the time, it felt almost dreamlike that a man from a small, landlocked country was now among the global elite.
As per Forbes, Binod Chaudhary’s net worth is $2 billion.
Year | Net Worth |
2016 | $1.1 Billion |
2017 | $1.3 Billion |
2018 | $1.5 Billion |
2019 | $1.7 Billion |
2020-2021 | $1.4 Billion |
2022 | $1.5 Billion |
2023-2024 | $1.8 Billion |
Binod Chaudhary’s wealth is in two primary assets: a controlling stake in Nabil Bank, Nepal’s largest private-sector commercial bank, and ownership of CG Foods, the producer of the widely popular Wai Wai noodles. Wai Wai is manufactured in factories across India, Serbia, and Bangladesh, with a new plant under construction in Egypt. The company is expanding into sauces to diversify its FMCG portfolio.
Chaudhary’s CG Hospitality manages 192 hotels across 12 countries, including luxury properties in partnership with India’s Taj hotel chain. CG Foods and CG Hospitality form the core of Chaudhary’s global business success as a South Asian leader.
But the numbers only tell part of the story. His journey is remarkable as he is recognized as a businessman and a symbol of possibility for his region. Honored by international platforms and invited to global economic forums, he exemplifies how vision, persistence, and local roots can create a global impact.
Wife, Kids, and Personal Life
Binod Chaudhary is married to Sarika Chaudhary, a constant factor in his life. She has avoided the limelight, always supporting him in his business trials. With her, he has three sons: Nirvana, Rahul, and Varun Chaudhary, all key leaders of CG Corp Global. The eldest sons, Nirvana and Rahul, are the managing directors of the Chaudhary Group and look after many of the group’s international ventures.

Binod is very much a family man; he emphasizes the importance of passing on to the next generation not just wealth but values. Despite their billionaire status, he has tried to raise his children with humility and a strong work ethic. This way of parenting shows how he views success: it is not just personal achievement alone but a shared one that needs to be sustained.
Outside of business, Binod is a spiritual and culturally rooted person. He supports religious causes and visits temples fairly regularly. What is known publicly about his private life represents the same values on which he built his business empire: integrity, family, and a sometimes quiet determination to build something that lasts.
Awards and Achievements of Binod Chaudhary
- First Nepali on Forbes Billionaires List (2013): Recognized as Nepal’s first billionaire, marking a historic moment for the country.
- Asian Man of the Year, Asian Voice (2015): Honored for his entrepreneurial impact across Asia and the global success of Wai Wai.
- Speaker at the World Economic Forum: Invited to share insights on global business, inclusive growth, and sustainable development.
- Humanitarian Leadership during the 2015 Nepal Earthquake: Led quick relief efforts through the Chaudhary Foundation, earning national and international media applause.
- Multiple National and International Business Awards: Recognized for excellence in leadership, innovation, and philanthropy across various platforms.
- Published Author: His autobiography, “Binod Chaudhary: My Story from the Streets of Kathmandu to a Billion Dollar Empire,” became a South Asian bestseller.
Daring to Dream: What the Binod Chaudhary Story Teaches Us
The Binod Chaudhary story shows us that greatness doesn’t need perfect conditions; it just needs a start. From a modest background and a packet of noodles, he built something the world couldn’t ignore.
The Binod Chaudhary story is not only about wealth or celebrity. It’s about confidence in your vision, even when others don’t share it, starting small, and refusing to quit. His journey proves that success often comes from unexpected places and the most modest beginnings.
So, dream big, start where you are, and remember: even a simple idea can grow into a global empire.
Binod Chaudhary Biography
Attribute | Details |
Full Name | Binod Kumar Chaudhary |
Date of Birth | April 14, 1955, Kathmandu, Nepal |
Nationality | Nepali |
Occupation | Businessman, Philanthropist, Author |
Famous For | Creator of Wai Wai noodles; Nepal’s first billionaire; Chairman of CG Group |
Education | Studied till the age of 18 when his father fell sick and had to take over the business |
First Major Venture | Introduction of Wai Wai noodles in Nepal through a Thai-Nepali joint venture |
Major Achievement | Becoming Nepal’s first and only billionaire |
Business Empire | CG Corp Global, which operates in over 32 countries across various industries |
Years Recognized by Forbes | In February 2013, he was acknowledged as the wealthiest person in Nepal and its sole billionaire, with an estimated net worth of $1 billion. |
Estimated Net Worth | $2 billion (as of 2025, according to Forbes) |
Books Authored | Making It Big: The Inspiring Story of Nepal’s First Billionaire in His Own Words (Autobiography) |
Global Presence | CG Corp Global operates in over 32 countries with business verticals in hospitality, FMCG, education, telecom, real estate, and energy. |
Vision and Legacy | To transform Nepal’s global economic identity and empower future generations through entrepreneurship, innovation, and sustainable growth. |
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