Forbes has valued Chaudhary’s net worth at US$ 1.1 billion, up from US$ 1 billion last year. The magazine has ranked Chaudhary in the 1,465th position.

According to Forbes, Chaudhary’s conglomerate Cinnovation/CG Group’s assets include a controlling stake in Nabil Bank, a fast-growing foods business best known for the instant noodles brand Wai Wai and a string of hotels in Asia, and more recently in Africa, where in a joint venture with Uganda’s Mukwano Group, he is building hotels in Uganda and Rwanda.