Shesh Ghale
Dr Shesh Ghale is an Australian businessman of Nepalese origin, billionaire and the former president of Non Resident Nepali Association (NRNA). Based in Melbourne, Victoria, Ghale is the CEO of Melbourne Institute of Technology (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. Biography Born in the western Nepal village of Lamjung, 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. 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 ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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. Lamjung lies in the mid-hills of Nepal spanning tropical to trans-Himalayan geo-ecological belts, including the geographical midpoint of the country (i.e., Duipipal). It has mixed habitation of casts and ethnicities. It is host to probably the highest density of the Gurung ethnic population in the country. Geography and climate Demographics At the time of the 2011 Nepal census, Lamjung District had a population of 167,724. Of these, 58.6% spoke Nepali, 29.8% Gurung, 6.6% Tamang, 1.8% Newari, 1.0% Dura and 0.9% Magar as their first language. 38.7% of the population in the district spoke Nepali and 1.3% Gurung as their second language. Rural municipalities and municipalities *Besisahar Municipality *Dordi Rural Municipality *Dudhpokhar ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Net Worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets plus net financial assets. It can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries. By entity Calculation Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds. The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Nepalese Rupee
The Nepalese rupee ( ne, रुपैयाँ; symbol: रु; code: NPR) is the official currency of the Federal Democratic Republic of Nepal. The Nepalese rupee is subdivided into 100 ''paisa''. The issuance of the currency is controlled by the Nepal Rastra Bank, the central bank of Nepal. The Nepalese rupee was introduced in 1932 when it replaced the Nepalese mohar at the rate 2:1. The Nepalese rupee (रु) has been pegged to the Indian rupee (₹) at the rate रु1.60 = ₹1 since 1994; prior to this, it had been pegged at the rate रु1.45 = ₹1. History The rupee was introduced in 1932, replacing the silver mohar at a rate of 2 mohar = 1 rupee. At first, the rupee was called the ''Mohru'' in Nepali. The "Bullet paisa" In 1955, 4 Paisa coins were minted, made from rifle cartridge cases from World War II that were used by the Gurkha soldiers who fought against the Imperial Japanese in the Pacific. The coins were produced by removing the primer from the cases ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Honoris Causa
An honorary degree is an academic degree for which a university (or other degree-awarding institution) has waived all of the usual requirements. It is also known by the Latin phrases ''honoris causa'' ("for the sake of the honour") or '' ad honorem '' ("to the honour"). The degree is typically a doctorate or, less commonly, a master's degree, and may be awarded to someone who has no prior connection with the academic institution or no previous postsecondary education. An example of identifying a recipient of this award is as follows: Doctorate in Business Administration (''Hon. Causa''). The degree is often conferred as a way of honouring a distinguished visitor's contributions to a specific field or to society in general. It is sometimes recommended that such degrees be listed in one's curriculum vitae (CV) as an award, and not in the education section. With regard to the use of this honorific, the policies of institutions of higher education generally ask that recipien ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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May 2015 Nepal Earthquake
A major earthquake occurred in Nepal on 12 May 2015 at 12:50 pm local time (07:05 UTC) with a moment magnitude of 7.3, southeast of Kodari. The epicenter was on the border of Dolakha and Sindhupalchowk, two districts of Nepal. This earthquake occurred on the same fault as the larger magnitude 7.8 earthquake of 25 April, but further east than the original quake. As such, it is considered to be an aftershock of the April quake. It struck at a depth of . Shaking was felt in northern parts of India including Bihar, Uttar Pradesh and West Bengal. Tremors were felt as far as about 2,400 km away from the epicenter in Chennai. Minutes later, another 6.3-magnitude earthquake hit Nepal with its epicenter in Ramechhap, east of Kathmandu. The earthquake was felt in Bangladesh, China and many other states in India. The impact of these tremors was felt even 1,000 kilometres away in the Indian capital New Delhi, where buildings shook and office workers evacuated. Damage and casu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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April 2015 Nepal Earthquake
The April 2015 Nepal earthquake (also known as the Gorkha earthquake) killed 8,964 people and injured 21,952 more. It occurred at on Saturday, 25 April 2015, with a magnitude of 7.8 Mw or 8.1 Ms and a maximum Mercalli Intensity of X (''Extreme''). Its epicenter was east of Gorkha District at Barpak, Gorkha, roughly northwest of central Kathmandu, and its hypocenter was at a depth of approximately . It was the worst natural disaster to strike Nepal since the 1934 Nepal–Bihar earthquake. The ground motion recorded in Kathmandu, capital of Nepal, was of low frequency, which, along with its occurrence at an hour where many people in rural areas were working outdoors, decreased the loss of property and human lives. The earthquake triggered an avalanche on Mount Everest, killing 22, the deadliest incident on the mountain on record. The earthquake triggered another huge avalanche in the Langtang valley, where 250 people were reported missing. Hundreds of thousands of Nepal ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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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 South Wales, Australia; owned by Nine Entertainment and has been published continuously since its founding in 1951. The ''AFR'', along with the rest of Fairfax Media (aside from some publications which were sold to Australian Community Media), was sold to Nine Entertainment for more than A$2.3 billion.Mergermarket - An Acuris company. (n.d''.). Fairfax Media Limited Nine Entertainment Co. Holdings Ltd Merger.'' Retrieved from www.mergermarket.com/Common/Mergermarket/Deals/DealDetails.aspx?dealsysid=933952&extern=19&id=239512&contextid=1018456074&zone=205¤cyCode=AUD The ''AFR'' is published in tabloid format six times a week, whilst providing 24/7 online coverage through its website. In November 2019, the ''AFR'' reached 2.647 millio ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Crikey
Crikey is an Australian electronic magazine comprising a website and email newsletter available to subscribers. Crikey was described by the former Federal Opposition Leader Mark Latham as the "most popular website in Parliament House" in ''The Latham Diaries''. In 2014 it had around 17,000 paying subscribers. History Stephen Mayne Crikey was founded by the activist shareholder Stephen Mayne, a journalist and former staffer of then Liberal Victorian premier Jeff Kennett. It developed out of Mayne's "jeffed.com" website, which in turn developed out of his aborted independent candidate campaign for Kennett's seat of Burwood. Longstanding Crikey political commentators/reporters have included the former Liberal insider Christian Kerr (who originally wrote under the pseudonym "Hillary Bray"), Guy Rundle, Charles Richardson, Bernard Keane, Mungo MacCallum and Hugo Kelly. In 2003, Mayne was forced to sell his house to settle defamation cases brought by the radio presenter S ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Net Worth
Net worth is the value of all the non-financial and financial assets owned by an individual or institution minus the value of all its outstanding liabilities. Since financial assets minus outstanding liabilities equal net financial assets, net worth can also be conveniently expressed as non-financial assets plus net financial assets. It can apply to companies, individuals, governments or economic sectors such as the sector of financial corporations or to entire countries. By entity Calculation Net worth is a combination of financial assets and liabilities. The financial assets that contribute to net worth are homes, vehicles, various types of bank accounts, money market accounts, and stocks and bonds. The liabilities are financial obligations such as loans, mortgage, accounts payable (AP) that deplete resources. Companies Net worth in business is also referred to as equity. It is generally based on the value of all assets and liabilities at the carrying value which is t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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List Of Australians By Net Worth
The ''Forbes'' list of Australia's 50 richest people is a list of Australia's fifty wealthiest individuals and families, ranked by personal net worth published annually by '' Forbes Asia'' magazine. The list provides a short summary on some of the known business activities of the individuals and families, together with commentary on how their ranking has changed from the previous year, if listed. The list is published annually in January in an online format and updated daily, also online. In 2019, the entry mark for the 50th richest individual was 750 million. The wealthiest individual in the 2019 list was Gina Rinehart, estimated to have a personal net worth of 14.8 billion; a 2.6 billion decrease in her personal net worth of 17.4 billion, as estimated by ''Forbes'' in 2018. 2019 marked the eighth time that Rinehart had headed the list. Prior to 2013, the list included the forty richest people in Australia; expanded to Australia's fifty wealthiest individu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Forbes Asia
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include '' Fortune'' and ''Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Steve F ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Financial Review Rich List 2018
The ''Financial Review'' Rich List 2018 is the 35th annual survey of the wealthiest people resident in Australia, published by ''The Australian Financial Review'' on 25 May 2018. The net worth of the wealthiest individual, Anthony Pratt, was 12.90 billion; while the net worth of the 200th wealthiest individual, Radek Sali, was 387 million; up from $341 million in 2017. The combined wealth of the 200 individuals was calculated as 282.7 billion; compared with a combined wealth of 6.4 billion in 1984 when the ''BRW'' Rich 200 commenced. Nineteen women were included on the 2018 Rich List, representing 8.5 percent of the list. The average age was 66 years. The list included a record 76 individuals whose net worth was one billion or more, an increase of 16 from 2017; and about one-quarter of those billionaires lived offshore at the time of the list's publication. List of individuals : See also * ''Financial Review'' Rich List * ''Forbes Asia'' list o ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |