Top 10 Richest People in Nepal | 2022 Update

Top 10 Richest People in Nepal


  • 6 minutes read
  • The person’s wealth doesn’t stay stable, especially in today’s up and down industry outline. Nepal now has two billionaires to be called. Although there are several personalities with numerous wealth that made them on the list. Here is the list of the top 10 richest people in Nepal as per their latest wealth data in 2022.

    List of the 10 Richest Nepali Peoples

    1) Binod Chaudhary

    Binod Chaudhary richest people in Nepal
    Binod Chaudhary richest person in Nepal

    By making the first position on the list of the richest people in Nepal, Binod Chaudhary is the richest Nepali with a current net worth of USD 1.5 billion. Nepal’s first businessman to make the Forbes list Binod Chaudhary has ranked 1,900th position in the world today.

    Binod Chaudhary is the owner of Nepal’s most trusted Chaudhary Group (CG). Which produces the very famous Wai Wai noodles.  CG is actively providing various services like electronics, hospitality, real estate, consumer goods, education, and more.

    2) Shesh Ghale

    Shesh Ghale richest people in Nepal

    Shesh Ghale is a Nepalese-origin billionaire living in Australia. Ghale is the second richest Nepali with a current net worth of USD 1.18 billion. Shesh Ghale is an Australian businessman and CEO of the Melbourne Institute of Technology (MIT). Ghale has co-founded the Melbourne Institute of Technology with his wife, Jamuna Gurung who is also on the list of the richest Nepali.

    While being known for his tremendous amount of wealth, Ghale is also a well-known personality for his charitable works in Nepal during the 2015 earthquake. Shesh Ghale was also the former president of the Non-resident Nepalese Association (NRNA).

    3) Jamuna Gurung

    Jamuna Gurung richest people in Nepal

    Leading women in the list of richest people of Nepal, Jamuna Gurung is the third richest person with a current net worth of USD 260 million. Jamuna Gurung is the wife of Shesh Ghale and the executive director and managing director of the Melbourne Institute of Technology (MIT) in Australia. She is the co-founder along with her husband, Shesh Ghale.

    Jamuna is also the eighth richest woman in Australia. She proved that with the right partner and great vision women can lead in any sector.

    4) Upendra Mahato

    Upendra Mahato richest people in Nepal

    The third richest person in Nepal, Upendra Mahato’s current net worth is between USD 250 to 900 million. Mahato is currently living in Moscow, Russia, and involves in various businesses. Business Mahato is also the president of the Russia Nepal Chamber of Commerce and Industry. Moreover, he is also the Honorary consul General of Nepal in the Republic of Belarus. Upendra Mahato was also the president of the Non-Resident Nepalese Association, International Coordination Council (NRNA, ICC). By having shares of various biggest companies to involvement in various sectors by investing Mahato generates a well amount of wealth. 

    Mahato is no doubt one of the richest tycoons in Nepal who has done well overseas too. Besides his wealth and business part, Mahato is also a Degree holder in Doctor of Science (D.Sc.) and only a few Nepalese have.

    5) Ajay Sumargi

    Ajay Sumargi richest people in Nepal

    A well-known businessman in Nepal, Ajay Sumargi is the fifth richest person with a net worth of USD 200 million. By being the promoting director of Ncell Pvt. Ltd. (formerly Spice Nepal Pvt. Ltd.) to the chairman of the Muktishree group of companies, Sumargi proves that he is a good leader with great vision. Similarly, Sumargi is also the executive director of the Nepal Satellite Telecom Pvt. Ltd. (Hello Nepal).

    Besides his business work, Sumargi is also involved in various social work with his Muktishree group of Companies. Some of the investments made by Ajay Sumargi include Hetauda Academy, Muktishree Hydropower, Himalayas Spring Water, and the National College of Higher Education (NCHE). 

    6) Aditya Jha

    Aditya Jha richest people in Nepal

    Born in Nepal, Aditya Jha is one of the most successful businessmen on the list of the 10 richest people in Nepal. Jha is the sixth richest person with a net worth of USD 100 million. Born in one of the famous holy places Janakpur, Nepal, Jha is currently based in Canada. Aditya Jha is the President and CEO of his successful software company called OSELLUS Inc. situated in Singapore. Jha is also the owner of Canada’s one of the largest confectionery manufacturers called Karma Candy.

    Jha is also known for his charity work in Nepal. Lately, Jha has also funded the Digital literacy project in Nepal by donating over 100 laptops to various rural village schools. Jha has also supported the Nepal Library Foundation for developing libraries in remote areas of Nepal.

    7) Jiba Lamichhane

    Jiba Lamichhane richest people in Nepal

    A successful businessman and writer, Jiba Lamichhane is the seventh richest person in Nepal. Jiba’s current net worth is around USD 100 million. Being a Managing director of Techno Trust of Elson Brand LCD TVs based in Moscow, Jiba was also a former president of the NRNA ICC. Being well-known for his philanthropic activities, Jiba has also received one of the highest states of honor in Nepal the “Prawal Janasewshree Award” for his contribution to Nepal and the Nepali diaspora.

    Jiba has also collaborated with another of Nepal’s wealthiest people, Dr, Upendra Mahato. Moreover, Jiba has also published a travel memoir ‘Sarsarti Sansaar’ which shows his interest in the business and works.

    8) Pashupati Shamsher Jang Bahadur Rana

    Pashupati Shamsher Jang Bahadur Rana richest people in Nepal

    Pashupati Shamsher JBR is a politician of the Rana dynasty. He has been actively contributing the several ministries like the Ministry of Foreign Affairs, Ministry of Finance, Ministry of Water Resources and Communication, etc. since 1990. Currently, he is the eighth richest person in Nepal with a net worth of USD 82 million. Pashupati Shamsher is one of the wealthiest people in Nepal with his investments in numerous manufacturing enterprises.

    Similarly, he was also the owner of Nepal Gas, which was sold for a profit of around 85 crores at the time. He says most of the wealth of around 22 million came as a dowry from his marriage with the daughter of Rajasthan’s king.

    Also read, Top 5 Sectors to Invest in Nepal | Fully Explained

    9) Balram Chainrai

    Balram Chainrai richest people in Nepal

    A Hong Kong-based businessman and the founder of the famous Chainrai Group of Companies, Balram Chainrai is another wealthiest person on the list. Chainrai is currently the ninth wealthiest person in Nepal with a net worth of around USD 70 million. Most of his wealth comes from his core company called Hornington Enterprises Limited which manufactures and trades electronic goods, gadgets accessories, home appliances, trade finance activities, etc.

    Besides the business Chainrai is also well-known for his charity works worldwide. Moreover, Chainrai is also involved and invested in property, hotels, the entertainment industry, and projects related to solar power.

    10) Rajendra Kumar Khetan

    Rajendra Kumar Khetan richest people in Nepal

    A well-known Leader of the Khetan Group and leading industrialist of Nepal, Rajendra Kumar Khetan is Nepal’s other wealthiest personality on this list. Currently, he is the tenth richest person in Nepal with a net worth of around USD 62 million. He is known as the leader of Khetan Group, which is Nepal’s one of the oldest business houses. Moreover, Khetan has also received several honorific orders.

    Also, he is an Academic Senate member President of Nepal Britain Chambers of Commerce & Industry, and also being the President of Alliance Française Kathmandu.

    Also read, Entrepreneurship Development In Nepal | Difficulties, And Opportunities

    In Conclusion

    While talking about the wealthiest people in Nepal, there are some very well-known personalities on the list. With time the fortune of these personalities gets up and down. This is the data for 2022 that includes the Top 10 richest people in Nepal. If you have any queries related to the article, kindly comment below. Hope you find this article helpful.

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