Shesh Ghale, Jamuna Gurung retain spots in Australia's rich list for 18th year
Nepali-origin business leaders ranked 150th and 151st; calls grow to tap diaspora investment
Published: 03:46 pm Mar 24, 2026
KATHMANDU, MARCH 24 Nepali-origin entrepreneurs Shesh Ghale and Jamuna Gurung have once again been listed among Australia's wealthiest individuals, securing 150th and 151st positions in the latest rich list. The duo has maintained a place in the rankings for 18 consecutive years since first entering the top 250 list in 2009. At their peak, they had climbed as high as 80th position. Both Ghale and Gurung have consistently remained in the billionaire bracket, with an estimated net worth of around $1.2 billion, reflecting sustained success in Australia's competitive business environment. Despite their global achievements, the couple has maintained strong ties with Nepal, exploring investment and philanthropic opportunities for over a decade. Their continued interest has renewed discussions on the role of the Nepali diaspora in national development. Experts say Nepal needs more investor-friendly policies to attract foreign direct investment and leverage the capital, expertise, and networks of successful entrepreneurs abroad. Recent political and economic developments have raised cautious optimism among stakeholders, who believe improved governance and policy reforms could encourage greater diaspora participation in Nepal's growth. Their continued engagement highlights the broader potential of the Nepali diaspora in supporting Nepal's economic growth. Experts suggest that the new government should prioritize policies that attract diaspora investment, leveraging their capital, expertise, and global networks to meet national development targets. There is growing optimism that recent political and economic shifts could create a more conducive environment for such contributions. Stakeholders remain hopeful that improved policies and governance will encourage greater participation from successful Nepali entrepreneurs abroad.