Advertisement

CG Corp Global’s Nirvana Chaudhary talks expansion, wealth and uplifting Nepal

  • The 41-year-old, who is based in Nepal with his wife and two children, leads the Chaudhary Group as its managing director
  • Read on for the Nepali businessman’s thoughts about giving back to society and creating ‘small universes under a big universe’ for his company

Reading Time:3 minutes
Why you can trust SCMP
Nirvana Chaudhary. His  family’s business interests span banks, hotels, factories and industrial estates, as well as the popular Wai Wai brand of instant noodles. Photo: Instagram/nirvanachaudhary
Su-Lin Tanin Singapore
Asia’s richest families are set to hand down US$2.5 trillion in intergenerational wealth by 2030, creating a new generation of crazy rich Asians. Read the main story here, the profile on Indonesian billionaire Sukanto Tanoto’s daughter Belinda here, on Mamee’s Pierre Pang here, and on Lippo Group’s John Riady here.
Advertisement
Nirvana Chaudhary, the eldest son of Nepal’s only billionaire Binod Chaudhary, doesn’t just want to aggressively grow the family business, he says he needs to.

The Chaudhary Group conglomerate he heads not only contributes more in tax revenues than any other company in the country and accounts for approaching 10 per cent of the economy, it is also one of the South Asian nation’s biggest employers.

Nirvana Chaudhary with his wife and children in Nepal. Photo: Facebook/Nirvana Chaudhary
Nirvana Chaudhary with his wife and children in Nepal. Photo: Facebook/Nirvana Chaudhary

And right now, jobs are exactly what the young people of Nepal need, as they continue to leave the country in their droves in search of a better life – hurting both the economy and society, Chaudhary says.

According to local media, employment and education are the main reasons for the exodus. Chaudhary says a recent political reshuffle also contributed.

“So we need to multiply jobs, multiply our growth, create more industries,” he said, adding that he “wasn’t going anywhere”.

The 41-year-old, who is based in Nepal with his wife and two children, leads the Chaudhary Group as its managing director, with direct control over 11 of the conglomerate’s businesses while his two younger brothers manage the others.

Advertisement
Advertisement