Not satisfied with his degree in civil engineering from Kharkov Automobile and Highway Institute in former USSR and after a brief stint at Nepal’s Transport Department as highway project engineer, Ghale went down under for further studies 23 years ago. And, this time, he chose business studies. Unlike most of the students, however, Ghale not only did his MBA, but applied it, that too, with an impactful effect.[break]
Today, Ghale is among the BRW’s 200 Wealthiest Australians – the list prepared every year by Business Review Weekly, a weekly business magazine. His wife Jamuna Gurung too has made it into the list. Ghale is ranked 180th while Gurung is 181st wealthiest. The couple is worth a whopping 265 Australian dollars.
Apart from having investment in various real estate properties, the rich couple owns Melbourne Institute of Technology (MIT). Established in 1996, MIT has since grown into one of Australia’s leading private higher education providers of degree and postgraduate degree courses in business and information technology.
After a tough couple of years enrolments are back on the rise at MIT, and that makes the couple’s fortune rise too.
Ghale is now geared up to invest some of his money back home. Ghale’s MIT Group Holdings Nepal has tied up with Sheraton Hotel chain operator Starwood Hotels and Resorts Worldwide Incorporate to establish a swanky 225-room five-star hotel at the heart of Kathmandu by 2018.
Going by Ghale’s business acumen, one can only expect this Lamjung-born Nepali to continue minting money.
Related story
Gay couple allegedly told to fly separately so straight couple...
