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Binod Kumar Chaudhary was born in Kathmandu, Nepal, to a Marwari family. His grandfather, Bhuramal Das Chaudhary, was an entrepreneur who started a textile business. His father was also a businessman who further developed his grandfather's business. Early in his career, Chaudhary chose to pursue further education rather than join the family business.
Chaudhary credits his grandfather and father as inspirations. He is a fan of Bollywood icons Amitabh Bachchan and Ranbir Kapoor. He admires Nelson Mandela, the former president of South Africa, for bringing freedom to that country, and businessman J. R. D. Tata, for "building a company of rare distinction".
The Chaudhary Group is a business group, founded by Chaudhary's grandfather Lunkaran Das Chaudhary. Wai Wai, a brand of instant noodles, introduced to Nepal in 1984, became the company's bestseller. Chaudhary took over his family company at the age of 23, and wrote "running that disco taught me a lot about business but it was only when I took over the family business of running Arun Emporium, turning its fortune and looking after family, I understood the business." The idea to sell Wai Wai noodles came to Chaudhary after seeing many people from Thailand with packets of noodles. Soon after that, he realized that there was a craving for Thai noodles in Nepal.[18] He went to Thailand, where he visited Thai Preserved Food Factory Co. Ltd., the company that produced Wai Wai noodles for Thailand. He wanted to collaborate with the company, however, the owner was not that confident the idea of bringing the noodles to Nepal would work due to the country's "poverty and poor infrastructure".
In 2013, Chaudhary released his autobiography, titled "Binod Chaudhary: Atmakatha". The book was later translated into English by journalist Sanjeev Ghimire, titled "Binod Chaudhary - My Life: From the Streets of Kathmandu to a Billion Dollar Empire", and sometimes called "Making It Big: The Inspiring Story of Nepal's First Billionaire in His Own Words"which was released on 2015.The book was launched in India under the title Ek Unchi Udaan.Chaudhary told Forbes India, "When I made up my mind to write this book, I also decided that I would not manipulate it".The book was called a must read for everyone. Some sources said, "It charts the immensely successful and interesting life story of a self-made man who never forgot to enjoy or live his life while navigating his way up a volatile, unstable and unfriendly environment."
The Kathmandu Post wrote, "The 327-page autobiography published by Nepalaya reveals a lot about Chaudhary, who was an unusual Marwari. Against the Marwari tradition, he went for a love marriage, that too when he was already engaged with another lady. Starting a discotheque-Copper Floor-in early 70s in Kathmandu was again unthinkable at the time for someone from Marwari family."Rajan Thapaliya of the HuffPost wrote, "I recommend Mr. Chaudhary's book for those looking to expand and improve their knowledge. His information is approached from a plethora of angles and he uses his mistakes as a learning tool. He his a charismatic man with a vision." Nirmal Thapa wrote, "Binod Chaudhary's autobiography is a very good read for someone to understand how the entrepreneur built a billion dollar empire. A must read for the youth of the country and for aspiring/current entrepreneurs who want to build a multinational company from Nepal."
Charity works
On the same days as the April 2015 Nepal earthquake, he organized relief efforts in Kathmandu.He arranged for health care workers to help the victims of the earthquake in 12 districts of Nepal. He has donated more than $2.5 million to help rebuild schools and homes destroyed by the earthquake,and the Chaudhary Group has also donated 500,000 packets of Wai Wai noodles, thousands of juice cartons, and food and water to people in need.
Chaudhary Foundation
He has his own charity, called the Chaudhary Foundation. It has signed the United Nations Development Programme for the advancement and promotion of Sustainable Development Goals (SDGs) in Nepal. The foundation was established in 1995.After the serious earthquake the foundation has been helping to rebuild Nepal. The foundation has also handed over 166 shelters for victims of the earthquake to the Kumpur Village Development Committee (VDC) located in Dhading.They have also said, "Chaudhary Foundation is willing to join hands with the National Reconstruction Authority on its mission of rebuilding Nepal. We hope that the rebuilding efforts are driven in a way to boost the country's economic development. Our Foundation wishes to significantly contribute toward that direction.