Shesh Ghale

Shesh Ghale
Shesh Ghale, CEO, Biplov Co
Born	Lamjung, Nepal
Alma mater	Kharkiv National Automobile and Highway University Victoria University
Occupation	Entrepreneur
Spouse	Jamuna Gurung

Shesh Ghale is a Nepali Australian businessman 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.

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 a Master of Business Administration.

Ghale is the CEO and co-founder of the Melbourne Institute of Technology.

Net worth

Ghale and Gurung first appeared on the BRW Rich 200 in 2009, ^[1] and jointly appeared on subsequent rich lists. ^{[1] [2] [3] [4] [5]} As of May 2023 ^[update] , the net worth of Gurung and Ghale was assessed by The Australian Financial Review in the 2023 Rich List as approximately A$900 million. ^[6]

Year	Financial Review Rich List		Forbes Australia's 50 Richest
	Rank	Net worth (A$) [note 1]	Rank	Net worth (US$)
2014 [2]		$335 million
2015 [2]	99	$528 million
2016 [2]	105	$586 million
2017 [1] [7] [8]	101	$647 million
2018 [9]	81	$876 million
2019 [10] [11]	78	$1.18  billion
2020 [12]	105	$994 million
2021 [13]	111	$1.01 billion
2022	136	$1.00 billion
2023 [6]	157	$900 million

Legend
Icon	Description
	Has not changed from the previous year
	Has increased from the previous year
	Has decreased from the previous year

Note

• ^1 : Net worth held jointly with Jamuna Gurung.

References

1. "Shesh and Jamuna Ghale merely $353 million shy of joining billionaires club but the philanthropic couple is in no hurry". Southasia. 27 May 2017. Retrieved 29 November 2017.
2. Khatry, Ram (27 May 2016). "Worth over half a billion dollars, gentle Ghales become 105th richest in Australia". Southasia. Retrieved 1 September 2017.
3. "Shesh Ghale buys Melbourne's 'best' corner". The Sydney Morning Herald . 2 June 2017. Retrieved 29 November 2017.
4. "Shesh Ghale ready for mountain of work on Melbourne hotel". The Australian . Retrieved 29 November 2017.
5. "MIT gets approval for twin-tower apartment and hotel complex over market and gardens". The Sydney Morning Herald . 17 June 2015. Retrieved 29 November 2017.
6. Bailey, Michael; Sprague, Julie-anne (26 May 2023). "The 200 richest people in Australia revealed". Australian Financial Review . Retrieved 6 June 2023.
7. Stensholt, John, ed. (25 May 2017). "Financial Review Rich List 2017". The Australian Financial Review . Retrieved 8 June 2017.
8. Mayne, Stephen (26 May 2017). "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax". Crikey . Private Media. Retrieved 10 October 2019.
9. Stensholt, John, ed. (25 May 2018). "2018 AFR Rich List: Who are Australia's richest people?". The Australian Financial Review . Retrieved 26 May 2018.
10. Bailey, Michael (30 May 2019). "Australia's 200 richest people revealed". The Australian Financial Review . Nine Publishing. Retrieved 31 May 2019.
11. "Shesh Ghale & Jamuna Gurung: Nepalese Australians have just gotten billionaires among them". Southasia. 30 March 2019.
12. Bailey, Michael; Sprague, Julie-anne (30 October 2020). "The full list: Australia's wealthiest 200 revealed" . The Australian Financial Review . Nine Publishing. Retrieved 31 October 2020.
13. Bailey, Michael; Sprague, Julie-anne (27 May 2021). "The 200 richest people in Australia revealed". Australian Financial Review . Retrieved 28 May 2021.

External links

• Shesh Ghale NepaleseAbroad.com