Gex
Binod Chaudhary, Nepal’s first billionaire, features on the covers of FORBES Asia magazine for this September! The magazine features the work of the billionaire and the Chaudhary Foundation during the time of the devastating earthquake that killed more than 8,600 in Nepal, displaced 450,000, triggered fatal avalanches on Mount Everest and severely damaged historic buildings including the palace squares of Kathmandu, Bhaktapur and Patan. He also made it among the year’s 40 outstanding givers, a special mention for the ‘Heroes of Philanthropy’. In that critical time – those food for the people definitely helped!
Here’s an excerpt from the article:
“Since then Nepal’s first billionaire has pledged $2.5 million through his Chaudhary Foundation to restore schools and homes destroyed or damaged by the quake. The foundation will bear all the costs of building 1,000 transitional bamboo-and-plaster homes and is working with other donors to construct another 9,000. By last month it had completed 300; the aim is to complete construction of 3,000 by October. On its own, the foundation also will rebuild or restore a total of 100 community primary schools in the 12 districts.” – Read the rest here.
