Ajeya Sumargi Net Worth, Family, Ventures, Bio

Ajeya Sumargi: Biography

 Chairman of the Muktishree Group of Companies and one of Nepal's wealthiest individuals, Ajay Sumargi. In addition, he leads Nepal Satellite Telecom Pvt. Ltd. Additionally, Ajay serves as the promotional director for Ncell Pvt. Ltd., a titan in the communications industry (formerly Spice Nepal Pvt. Ltd.). He has been actively engaged in a number of businesses in Nepal, including Muktishree Hydropower, Himalayas Spring Water, Hetauda Academy, and the National College of Higher Education (NCHE).
The Muktishree group of firms, owned by Sumargi, has entered the social business sector. The group is prepared to launch a project in collaboration with Rural Shores, India, and Inclusive Ventures Limited that intends to empower rural youths in Nepal by offering skill development training and job chances to certain of them who perform well throughout the training.
He also serves as the Republic of Belarus's honorary consul there as of 2022.

Ajeya Sumargi: Net Worth

Sumargi has an estimated net worth of $200 million, which he mostly acquired from his telecom company Nepal Satellite Telecom Pvt. Ltd. and other numerous enterprises he is involved with.

Ajeya Sumargi: Wife

Avimat and Awej Sumargi are the couple's two children; Ajeya and Ashmita Sumargi are married.
The Muktishree group of enterprises, owned by Ajeya Sumargi, operates many businesses, including:

Ajeya Sumargi: Ventures

Ajeya Sumargi’s Muktishree group of companies runs several ventures like:

1. Himalayas Spring Water

1. Hetauda Academy

1. National College of Higher Education

1. Muktishree cement industry

1. Ico Panel Industry Pvt. Ltd

1. Muktishree Telecom Pvt. Ltd

1. Nepal Satellite Telecom

1. Hetauda Lime Industry

Ajeya Sumargi: Controversies

Ajay Sumargi has been the subject of continuous discussion in Nepal. Reporters from the major media routinely write about him, and the Nepali media is familiar with him. He is accused of paying Nepal's powerful political elites millions of dollars for business licenses and contracts. However, these claims have not been proved.
In addition, Sumargi has been embroiled in several disputes involving money laundering in Nepal. He has been in court on several occasions for the same matter.