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Dr Shesh Ghale is an
Australian Australian(s) may refer to: Australia * Australia, a country * Australians, citizens of the Commonwealth of Australia ** European Australians ** Anglo-Celtic Australians, Australians descended principally from British colonists ** Aboriginal A ...
businessman of Nepalese origin, billionaire and the former president of
Non Resident Nepali Association The Non Resident Nepali Association (गैर-आवासीय नेपाली संघ) is an association of Non Resident Nepalis (NRN). International Coordination Council International Coordination Council (ICC) is the highest global ...
(NRNA). Based in
Melbourne Melbourne ( ; Boonwurrung/Woiwurrung: ''Narrm'' or ''Naarm'') is the capital and most populous city of the Australian state of Victoria, and the second-most populous city in both Australia and Oceania. Its name generally refers to a met ...
,
Victoria Victoria most commonly refers to: * Victoria (Australia), a state of the Commonwealth of Australia * Victoria, British Columbia, provincial capital of British Columbia, Canada * Victoria (mythology), Roman goddess of Victory * Victoria, Seychelle ...
, Ghale is the CEO of
Melbourne Institute of Technology Melbourne Institute of Technology (MIT) is a private tertiary educational institution catering principally to international students in Australia at campuses in Melbourne and Sydney. It has a NEAS-accredited English Language Centre and offers u ...
(MIT), which he co-founded with his wife, Jamuna Gurung. Ghale and his wife, Gurung, are the third billionaires of Nepalese origin after Binod Chaudhary and
Balkrishna Balkrishna (known as Acharya Balkrishna, born 4 August 1972) is an Indian billionaire businessman and chairman of the consumer goods company Patanjali Ayurved. He was reported by ''Forbes'' to have a net worth of billion . According to Ashi ...
.


Biography

Born in the western
Nepal Nepal (; ne, :ne:नेपाल, नेपाल ), formerly the Federal Democratic Republic of Nepal ( ne, सङ्घीय लोकतान्त्रिक गणतन्त्र नेपाल ), is a landlocked country in S ...
village of
Lamjung Lamjung District ( ne, लमजुङ जिल्ला ), a part of Gandaki Province, is one of the 77 districts of Nepal. The district, with Besisahar as its district headquarters, covers an area of and had a population of 167,724. Lamjun ...
, Ghale undertook his initial tertiary education in the former USSR (1979 to 1986) graduating with a Master of Civil Engineering degree from the
Kharkiv National Automobile and Highway University Kharkiv National Automobile and Highway University is a Ukrainian university in Kharkiv. Post address: 61002, Ukraine, Kharkiv, Yaroslava Mudrogo street, 25. History *23 July 1930 – Kharkiv Automobile and Highway Institute (KhADI) was esta ...
. He undertook his studies on a Nepalese Government scholarship and, on returning to Nepal, worked as a highway project engineer for the Nepalese Government's transport department. Ghale relocated to Melbourne in 1990 to undertake further studies and to settle his family in Australia. He graduated from Victoria University in 1994 with a Master of Business Administration. He is actively involved in Melbourne's business and commercial life and has a passionate commitment to education. Ghale is the CEO and co-founder of the Melbourne Institute of Technology.


Net worth

Ghale and his wife, Gurung, are the first billionaires in the global Nepalese diaspora and the only third billionaire of Nepalese origin after Binod Chaudhary and
Balkrishna Balkrishna (known as Acharya Balkrishna, born 4 August 1972) is an Indian billionaire businessman and chairman of the consumer goods company Patanjali Ayurved. He was reported by ''Forbes'' to have a net worth of billion . According to Ashi ...
. Ghale and Gurung first appeared on the ''BRW'' Rich 200 in 2009, and jointly appeared on subsequent rich lists. With a net worth of approximately A$1.18 
billion Billion is a word for a large number, and it has two distinct definitions: *1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is its only current meaning in English. * 1,000,000,000,000, i. ...
in 2019, Ghale and Gurung were named by ''
The Australian Financial Review ''The Australian Financial Review'' (abbreviated to the ''AFR'') is an Australian business-focused, compact daily newspaper covering the current business and economic affairs of Australia and the world. The newspaper is based in Sydney, New Sou ...
'' Rich List as the 78th richest Australians. They were previously ranked as the 81st-richest Australian by ''The Australian Financial Review'' in the 2018 Rich List. ;Note * : Net worth held jointly with Jamuna Gurung.


Philanthropy

Ghale is known both for his philanthropic work, especially in the aftermath of the
April April is the fourth month of the year in the Gregorian and Julian calendars. It is the first of four months to have a length of 30 days, and the second of five months to have a length of less than 31 days. April is commonly associated with ...
and May 2015 earthquakes in Nepal, as well as for his rise from an international student to his listing on the list of Australian billionaires. Following the 2015 Nepal earthquakes, as the president of NRNA International Coordination Council (ICC), Ghale led a well-coordinated relief and reconstruction activities. As a result, he and his wife spent much of the following years leading the campaign by stationing themselves closer to the ground zero of the devastating earthquake. Some of his key achievements included service as the Honorary Consul General of Nepal in Victoria (1997-2000); nominated for the 2013 Ernst and Young Australian Entrepreneur of the Year Award; elected president of the Non-Resident Nepali Association (NRNA) for an inaugural two-year term (2013–2015) and re-elected for a second two-year term (2015–2017); awarded Doctor of the University '' Honoris Causa'' in 2015 by the Federation University in recognition of Ghale's distinguished service and contribution to Australian Higher Education, and to urban preservation and development, and of course to the people of Nepal; appointed "Special Envoy for Nepal Earthquake Reconstruction and Development" by the Government of Nepal in 2015; and in the same year appointed "Goodwill Ambassador for 2015-17" in the Male Leaders in the campaign against Domestic Violence by the Nepalese Ministry of Children, Women and Social Services. In 2015, Ghale and Gurung co-founded the MIT Group Foundation to help under-privileged and vulnerable communities of Nepal through education and health. They have donated NPR रू
billion Billion is a word for a large number, and it has two distinct definitions: *1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is its only current meaning in English. * 1,000,000,000,000, i. ...
to the Foundation.


References


External links


Shesh Ghale
NepaleseAbroad.com {{DEFAULTSORT:Ghale, Shesh Year of birth missing (living people) Living people Nepalese businesspeople People from Lamjung District Australian chief executives Nepalese emigrants to Australia Victoria University, Melbourne alumni Australian billionaires 21st-century Nepalese businesspeople Nepalese company founders