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Shesh Ghale
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Shesh Ghale

Shesh Ghale is a Nepalese 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.

Key Information

Biography

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Born in the western Nepal village of Lamjung in 1963, 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

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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, 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 Increase
2015[2] 99 Increase $528 million Increase
2016[2] 105 Decrease $586 million Increase
2017[1][7][8] 101 Increase $647 million Increase
2018[9] 81 Increase $876 million Increase
2019[10][11] 78 Increase $1.18 billion Increase
2020[12] 105 Decrease $994 million Decrease
2021[13] 111 Decrease $1.01 billion Increase
2022 136 Decrease $1.00 billion Decrease
2023[6] 157 Decrease $900 million Decrease
Legend
Icon Description
Steady Has not changed from the previous year
Increase Has increased from the previous year
Decrease Has decreased from the previous year

Note

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

References

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