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Nepal's Only Billionaire Shares His Success Mantra

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Needless to say, people want to be successful in their field and success is often associated with money.

Meet Binod Chaudhary from a small landlocked country from Nepal. He is the only billionaire of the country. 

Yes, you heard it right.

The country with 27 million people, whose Per Capital Income is just above $1,000, has a billionaire. This self-made man's net worth is around $1.7 billion. You might be wondering how he made it, right?

Well, Chaudhary, the chairman of CG Corp Global, stressed the importance of networking in his life while sitting down with TheStreet for an exclusive interview in Nepal.

"The network is the key," he said. " ...Probably one of the reasons why I'm there, I was able to accomplish what I have done in my own humble way was because of my networking skills," he continued.

On being asked whether social media could be a great tool for networking, he said, "It's not about social media, it's about finding the right kind of opportunity to be in the right place and the right time."

Watch the video above to see what else he has to say about his story to success.

And while we are on the topic of the richest people in the world...

Jack Ma, the co-founder of China's biggest e-commerce firm Alibaba, and the richest person in China, resigned from the position of Executive Chairman of Alibaba on Tuesday, September 10, 2019, on his 55th birthday.

He became the richest Chinese person in the world after Alibaba's success over the last 20 years.

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