Nepal's only billionaire to construct 1,000 houses, support long-term relief work

Being the only billionaire in your country is a special feeling and an achievement. But as its said, with great power comes great responsibility. [caption id=“attachment_2232942” align=“alignleft” width=“380”] Binod Chaudhary. Reuters[/caption] Binod Chaudhary, the only billionaire of Nepal, is out to help after the devastating earthquake hit his county. Owner of Wai Wai, with stakes in everything from cement to hotels to supermarkets, he has decided to do his part. On Wednesday he announced his plan to construct 1,000 temporary houses in the quake-affected districts and allot them for free to the people affected by earthquake, as the monsoon approaches  reports the Hindustan Times . Since the earthquake, the Chaudhary Group says it has distributed 500,000 packets of noodles, thousands of cartons of juice and seven tons of other food and water. It has also set up a relief center with doctors in Katmandu,  according to the Wall Street Journal . Chaudhary has also been quite active on Twitter since the earthquake hit, gathering support for the relief work.

Long-term relief plans by the company include the reconstruction of more than 100 primary schools at a cost of about $500,000 and building 1,000 small, low-cost homes in the mountainous districts affected by the quake. The group is also looking for a global partner to help it build an additional 9,000 homes, reports WSJ .