Agence France-PresseMarch 5, 2013 08:00
The impoverished Himalayan republic of Nepal, where Maoist revolutionaries came to power in 2008, has produced its first billionaire, according to a new study by Forbes magazine.
Binod Chaudhary, the 57-year-old head of the Chaudhary Group, owns popular noodle brand Wai Wai, exports herbal medicines to India and operates schools, retail outlets, banks, hospitals and telecoms companies in Nepal.
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