Varun Chaudhary is the acting managing director of CG Corp Global. He is the youngest son among three sons of Binod Chaudhary and the only billionaire from Nepal to be listed on Forbes’ wealthiest list.
Varun, with expertise in FMGC products, has helped CG Group in different executive positions.
With an honorary doctorate, Dr. Varun began working for the company immediately following graduation and has overseen several conglomerate verticals for the previous fifteen years.
He started by exploring unexplored possibilities for CG that he thought had significant commercial potential. Chaudhary built a cement plant in Nepal and successfully started an Ayurvedic trade, generating substantial profits in both industries.
In addition, he has been married to Anushree Tongya, the daughter of Jaipur-based Jeweler Rajkumar Tongyam, since 2017. Moreover, he has twins from his long-term marriage with Anushree.
Varun has a network with some of the most prominent business and political figures in Nepal, India, and most other Asian countries. Moreover, he has become one of the most influential people in Nepal. So, in this article, we will cover everything we know about the Managing Director of the multinational conglomerate business.
Key Takeaways:
- Varun Chaudhary is the acting managing director of CG Corp Global and CG Hospitality Holdings.
- Varun was born as the youngest son of his father, Binod Chaudhary and Sarika Chaudhary.
- Chaudhary is married to Anushree Tongya.
- He has a son, Vansh Chaudhary, and a daughter, Naisha Chaudhary.
- Varun has two elder brothers named Rahul and Nirvana Chaudhary.
Varun Chaudhary Is The Managing Director Of CG Corp Global
Dr. Varun Chaudhary, Managing Director of CG Hospitality Holdings and CG Corp Global, has over 150 years of experience in international conglomerates with operations across 24 countries on five continents.
He is the youngest member of the renowned Chaudhary family. He has two older brothers, Nirvana Chaudhary (the oldest brother) and Rahul Chaudhary.
Dr. Varun began working for the family-run corporate enterprise immediately after graduation and has overseen several conglomerate sectors for the last fifteen years. He started by exploring uncharted territory for CG that had significant commercial potential.
In addition, he established a CG cement plant in Nepal and successfully started an Ayurvedic trade in neighboring countries. Both of the businesses have seen significant profits in recent years.
After showcasing his excellent business sense, he was promoted to head CG Foods, the FMCG vertical of CG Corp Global. This division is one of the company’s most prominent, manufacturing the well-known noodle brand WAI WAI.
In addition, under Dr. Varun’s direction, the company has experienced incredible global success. His quick expansion established WAI WAI’s presence in nearly 50 countries.
He has developed strategic production links with Bangladesh, Egypt, Kazakhstan, Serbia, and India to position WAI WAI as a global leader in the noodle business.
Varun Was Born as the Youngest Son Among Three Siblings
Varun was born the youngest son of his father, Binod Chaudhary, and his mother, Sarika Chaudhary. He has two elder siblings, both brothers in his family of five. Varun spent his early years traveling between Nepal and India to pursue his education and career.
He celebrates his birthday on February 13. Recently, he was at Bageshwar Dham Sarkar to celebrate his birthday. He says, “The most special birthday of my life, starting the year right with the blessings of #balaji and seeking blessings from the divine.”
His father, Binod Chaudhary, is a Nepalese billionaire businessman, politician, and philanthropist. He is the chairman and president of the Chaudhary Group (CG). Furthermore, with an estimated net worth of $1 billion, he was recognized as Nepal’s only billionaire and wealthiest person in February 2013.
His father’s net worth has increased to $1.7 billion since 2013. In addition to his distribution, retail, leisure, and manufacturing-focused business, he has written books, directed films, and participated in charitable endeavors.
Varun’s mother, Sarika Chaudhary, has maintained a low profile but overlooks the CG businesses and helps her husband and sons run the billion-dollar brand.
Brothers Are Among Biggest Nepalese Business Tycoon
Nirvana Chaudhary, Varun’s brother, and Binod Chaudhary’s eldest son, is a versatile entrepreneur and philanthropist who is the Managing Director of CG Corp Global.
He is a diverse individual who has performed as a musician, climbed Mount Kilimanjaro, hiked to Everest Base Camp, and was a part of Nepal’s National Squash team.
Likewise, Nirvana is a writer who has written two children’s books: “Beyond Wonder Woman,” which celebrates women’s achievements and promotes gender equality, and “Araaya’s Fables,” which is centered around moral principles.
Moreover, Nirvana holds the positions of Chairman of Union Bank in Sri Lanka and Vice Chair of Nabil Bank in Nepal in the banking sector.
Likewise, his second-eldest brother, Rahul Chaudhary, also has built an incredible portfolio. Rahul is the Managing Director and CEO of CG Corp Global and CG Hospitality Holdings.
Rahul has been entrusted with leading CG Hospitality, a division of CG Corp Global. This business is revolutionizing the hospitality sector by providing visitors with cutting-edge properties distinctively combined with top-notch hospitality services.
In addition, Rahul attended several prominent educational establishments in England, including The Doon School and Millfield School. Then, he enrolled at Miami University, a well-known American college.
Rahul joined the Wall Street, New York-based “Citi-group” International Investment & Private Banking business in 2003. A brief job at Credit Suisse, London, followed this. There, he worked in the private banking and portfolio management business.
Varun Chaudhary has An Honorary Doctorate From Indian Institute of Management Ahmedabad
Varun Chaudhary attended The Doon School for his high school studies. He then went to Miami University for his bachelor’s in business. Likewise, he went to Murdoch University for his Master’s in Business Administration (M.B.A.).
According to his LinkedIn profile, Chaudhary has an Honorary Doctorate from Techno India University and the Indian Institute of Management Ahmedabad.
Varun’s dedication to learning earned him an honorary doctorate from Techno India University. His academic journey took him through several esteemed institutions, including the Doon School in Dehradun, India; Miami University in the USA; and American University in Dubai.
Chaudhary specialized in business administration and management studies, culminating in a prestigious MBA from Murdoch University, which has helped him build his already robust portfolio.
Moreover, his interdisciplinary educational background equipped him with the knowledge and skills required to lead CG Global and CG Foods to new heights of success.
Varun Chaudhary Is Married to Anushree Tongya With Two Children
Varun Chaudhary is married to his wife, Anushree Tongya Chaudhary. The couple tied the knot in April 2017. The couple engaged in December 2016, a few months before their grand wedding celebration.
The romantic duo has been married for eight years and shares twins, a boy and a girl.
A few months after becoming engaged, Varun Chaudhary and his wife, Anushree Tongya Chaudhary, wed in a lavish wedding in Udaipur, India, in 2017. The extravagant three-day event took place between April 25 and April 28.
Some of the biggest personalities were present during Varun and Anushree’s wedding. They included Bollywood actor Salman Khan and director Muzaffar Ali. At the wedding, prominent fashion designer JJ Valaya and Prime Minister Ranil Wickremesinghe of Sri Lanka were present.
Anushree Tongya is the daughter of Rajkumar and Anita Tongya, a well-known jeweler and businessman in Jaipur, India. Her family has long been involved in the precious gem trade, for which Rajasthan is known. After marrying Varun, she relocated to Kathmandu from Jaipur, India.
After a nearly decade-long marriage, Varun Chaudhary and Anushree Tongya welcomed twins, son Vansh Chaudhary and daughter Naisha Chaudhary.
The couple announced their children’s birth via an Instagram post on March 25, 2018, a year after marriage.
Varun Chaudhary’s Achievement and Decorations
Varun has received and been nominated for several titles and accolades. First, Chaudhary was named Entrepreneur of the Year in Service Business–Food at the Entrepreneur Awards in 2017. Likewise, he won The Advertising Club’s Marquee Awards in 2017.
Furthermore, the government of Kazakhstan appointed him as an independent advisor to the “KAZAKH INVEST” national company. In 2017, he received a notable award, the Indian Restaurant Congress’ Food Entrepreneur of the Year Award.
He received a Degree of Doctor of Literature (Honoris Causa) award in 2020. Likewise, he received The ‘Global Icon of the Year Award’ in 2020. Furthermore, he won the Rising Star award from ET Now in 2020.
People Also Ask
Varun Chaudhary, the managing director of CG Corp, owner of several businesses, and heir to Nepal’s richest man, has an estimated net worth of over $200 million.
Varun Chaudhary seems to be around 35-40 years old.
Yes, Varun Chaudhary has two kids: a son named Vansh and a daughter named Naisha.
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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.
