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Nepal Richest: Top 10 Richest People in 2019

4. Ajay Sumargi

Ajay Sumargi, Estimated to worth 20-50 million, Chairman of Muktishree Group of Companies, is also one of the famous entrepreneurs of Nepal and among one of few Billionaire of Nepal.

He is also the founding member of the telecommunication Spice Nepal with the brand name Mero Mobile which is now popularly known as Ncell, which started its operation with an investment of two billion.

In 2016, Ajay Sumargi has invested in dozens of business and commercials projects in Nepal which includes Muktishree telecom, a telecommunications company, Muktishree hydro, a hydropower company, Himalayas spring water, Hetauda academy and the national college for higher education.