Rahul Chaudhary, the managing director of CG Corp Global and Binod Chaudhary’s second-eldest son, is estimated to have over $400 million net worth.
Chaudhary has been CEO of CG Corp Global and CG Hospitality Holdings for years and operates several businesses nationwide. The eldest son of Nepalese Billionaire Binod is a well-known Entrepreneur and Hotelier who has established several corporate companies in Nepal.
With his father, Binod, and his brothers, Nirvana Chaudhary and Varun Chaudhary, Rahul oversees the $2 billion business that comprises 202 companies and 261 brands worldwide.
In recent decades, his business and executive-level positions have helped him earn considerable money. Moreover, his investments in various brands have only increased over the years.
Rahul’s legacy is ingrained in his character; he is not an accidental entrepreneur. He aspires to his father’s ideals, which has helped him become one of Nepal’s most successful business tycoons.
Rahul, one of the heirs of the Chaudhary empire, has gained considerable attention in recent years. As a result, people want to learn more about the eldest Chaudhary, including his net worth.
Key Takeaways:
- Rahul Chaudhary, the managing director of CG Corp Global and Binod Chaudhary’s eldest son, is estimated to have a net worth of over $400 million.
- Mr. Chaudhary is the founder of Quint.io, a board member of the Hotel Association of Nepal, and the Consul General to Nepal at the Ministry of Foreign Affairs, Maldives.
- Rahul has reformed the hotel industry and CG’s portfolio in the hospitality business.
- The eldest son of Binod Chaudhary is Married to An Indian businessman, Surabhi Khaitan Chaudhary.
How Much Is Rahul Chaudhary’s Net Worth? Is He A Billionaire Like His Father?
Rahul, the second-eldest son of Nepal’s wealthiest man, Binod Chaudhary, has an estimated net worth of $400 million.
While he is technically not a billionaire, he is one of the heirs of the billion-dollar empire.
His father, Binod, is Nepal’s sole billionaire and the first businessman from the Himalayan nation to enter the Forbes billionaire list with a net worth of $1.5 billion in 2015.
Rahul Chaudhary’s wealth comes from his father’s business, where he has shares and oversees executive roles.
For instance, he has a majority share in Quint.io, a revolutionary blockchain project that aims to connect the crypto and DeFi space with the natural world through impactful utilities.
Moreover, his executive and managerial positions in some of Nepal’s most prominent corporate houses have helped him earn a fortune. He has held some of the highest-paying positions within the CG Group Global and other hospitality businesses.
Rahul Chaudhary’s entrepreneurial ventures extend beyond Nepal. He operates businesses in India and other Asian countries, which has helped him accumulate considerable money.
Glassdoor says the Chaudhary Group pays around $76,775 annually, equivalent to NPR 10,283,166. Moreover, he has significant shares in the $2 billion brand.
Likewise, his salary as a board member of the Hotel Association of Nepal and Consul General to Nepal at the Ministry of Foreign Affairs, Maldives, also adds to his net worth.
Rahul Is The Managing and Executive Director of CG Corp Global, One Of The Few Unicorn Companies In Nepal
Mr. Chaudhary is the Managing Director and CEO of CG Corp Global and CG Hospitality Holdings. He has been a part of the $2 billion brand since 1999.
CG Corp Global is a renowned Nepalese multinational conglomerate with an astonishing heritage of 140 years and four generations.
The Chaudhary Group is Nepal’s first and only billion-dollar corporation, having over 167 firms under its control and 79 brands listed on Forbes. The enormous empire includes many industries, including banking, telecom, fast-moving consumer goods (FMCG), hospitality, and finance.
Mr. Chaudhury is currently entrusted with leading CG Hospitality, a division of CG Corp Global. This company is revolutionizing the hospitality sector by providing visitors with cutting-edge properties distinctively combined with top-notch hospitality services.
Rahul’s organized and detail-oriented approach has allowed him to establish CG Hospitality as a globally recognized brand in the hospitality industry. This has helped him make CG one of the most diverse hospitality groups in the entire region.
The portfolio includes a few of the world’s most famous hotels and resorts, including Taj Exotica Resort & Spa in the Maldives and Jetwing VilUyana in Sigiriya, Sri Lanka.
In addition, the brand has opened The Farm in San Benito and the Philippines.
Furthermore, there is also MeghauliSerai (A Taj Safaris Lodge) in Chitwan, Nepal; Taj Samudra in Colombo, Sri Lanka; and Taj Jumeirah Lakes Towers in Dubai. The Group recently established Fairmont The Norfolk in Nairobi, Kenya, and Fairmont Mara Club in Masai Mara, Kenya.
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Contribution To The Hotel Industry In Nepal and Beyond
Rahul is one of the most prominent and influential figures in the Hotel Industry. His work in the industry extends from Nepal to other Asian countries, Europe and Africa.
Under his leadership, CG Hospitality has expanded its portfolio from just three to 127 hotels, resorts, and spas globally.
Chaudhary’s unmatched work has been recognized globally for many years. India’s esteemed Hotelier magazine has ranked Rahul among the top 25 hoteliers for three years.
Successful business people running and managing hotels throughout India and well-known hotel chains like Oberoi Hotels, Hyatt, Hilton, IHG, Marriott, Leela, Accor, Radisson, and Taj Hotels are on the list. The fact that Rahul was the youngest person on the list makes him even more inspirational.
Moreover, Mr. Rahul has developed a unique reputation in the global hotel industry as a visionary with a track record of complete mentoring and strategic planning.
His invitations to numerous conferences, seminars, and events as distinguished guests or speakers add credentials to his expertise. He has participated in the Forbes Global CEO Conference in Singapore, The Hotel Investment Conference Asia Pacific (HICAP), and the Hotel Investment Forum India (HIFI).
In addition, he has been a board member of the Hotel Association of Nepal since January 2018.
Rahul Chaudhary’s Education and Start of His Journey to the Top
Rahul attended several prominent educational establishments in England, including The Doon School and Millfield School. After that, he enrolled at Miami University, a prominent American college.
In 2003, he started working for “Citi-group” International Investment & Private Banking, a Wall Street, New York-based company. After that, they had a brief job in the private banking and portfolio management division of Credit Suisse in London.
Rahul loved sports in high school and received numerous honors and records. “My father always told me that you have to be the best at whatever you do if you want to pursue sports as a career,” Chaudhary remembers.
This greatly affected him. He didn’t choose the hotel industry when he decided to join the family business; it came to him. “When I decided to return in 2006, I saw that our group’s hospitality sector was expanding with the help of foreign partners like Taj. I followed my father’s advice and haven’t looked back. I adore what I do now,” he says.
Some years later, Rahul reformed CG’s hotel and hospitality sector, making it Nepal’s market leader while competing in the international market.
Rahul Chaudhary is Married to An Indian Businesswoman, Surabhi Khaitan Chaudhary
Rahul Chaudhary wed businesswoman Surabhi in a three-day event held in Jaipur. Surabhi is an Indian national who comes from a well-known business family.
Surabhi frequently works on multiple projects and has adapted to Nepali culture and people with elegance. She works for Asia Society India Centre, a nonprofit that spreads awareness of Nepalese culture to a broader audience, as its cultural ambassador.
She also founded and serves as executive director of Unnati Cultural Village, a social and cultural hub with expertise in establishing market links, facilitating artist residencies, presenting traditional lifestyles, and crafting training.
Surabhi is also a board member of Tate’s South Asian Acquisitions Committee, the chairperson and co-founder of The Saath Project, and the advisory board of Save Himalayas—Himalaya Unnati Mission—HUM.
As her social media shows, Surabhi wants to spend much of her time with her family and children in addition to her professional and humanitarian activities.
She also embraces Nepalese culture and customs while not holding back from celebrating her Indian heritage. Although Rahul and Surabhi didn’t disclose their connection to the public before marriage, some information is known. Rahul references the couple’s pre-marriage relationship in his remarks on Surabhi’s Instagram pictures.
Ultimately, the couple wed in a lavish ceremony in Jaipur in February 2015. The two have been together ever since. They have two daughters, Rayhaana and Raadhya.
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Bidhya Sagar Shrestha is an experienced content writer with a solid content creation and digital marketing background. His majors in entrepreneurship and marketing give him a deep understanding of business environments and marketing strategies.
Over his two-year career, Bidhya has worked with many clients, from startups to established businesses, producing over 700 blog posts and news articles. His passion for writing has driven his professional path and personal aspirations.
