Joining our series for a rare and exclusive profile is special guest, billionaire Shesh Ghale - Co-Founder & Chief Executive Officer of MIT Group, renowned property developer & global philanthropist.
In an extraordinary tale of success defined by resilience, adaptation and hard-work, Shesh has risen from a childhood spent in the rugged mountains of Nepal in the early 1960’s through to an early education in the Former USSR of Ukraine, ultimately culminating in the decision to re-locate to Australia in 1990 and embarking on a career-defining pursuit into the educational and property investment industries.
Following his high school education in Nepal, Shesh moved to Ukraine and studies a Bachelor / Master of Civil Engineering at Kharkiv National University on a Government Scholarship, graduating in 1986 before returning to Nepal to work as a project engineer in the Government’s transport department.
Seeking greater access to career opportunities, Shesh then moved to Australia in 1990 and embarked on further study, enrolling in a Master of Business Administration degree at Victoria University graduating in 1994 - his wife, Jamuna Gurung followed and re-located to Australia in 1991.
Having experienced first hand the quality of education offered through the university system in Western countries, Shesh identified an opportunity to provide world-class study pathways largely targeted toward international students in Melbourne, therein establishing the Melbourne Institute of Technology (MIT) in 1996 alongside Jamuna.
Over the course of the past twenty-five years, Shesh & Jamuna have grown MIT into one of Australia’s most successful private tertiary education institutions, with purpose-built campuses in both Melbourne & Sydney and a cohort of over four-thousand students per annum.
Capitalising on their natural entrepreneurial institution, the pair began investing in commercial property in the early 2000’s, successfully acquiring and divesting of multiple assets across Melbourne’s CBD including Tomasetti House, The Argus Building, Sir Charles Hotham Building, 386 - 412 William Street, 388 Lonsdale Street and 154 - 158 Sussex Street in Sydney’s CBD amongst others.
In addition to his extensive domestic property interests, Shesh also has a number of investments globally including Sheraton Kathmandu Nepal held through his family office, The Ghale Group - he has also donated his time and considerable resources to a number of philanthropic and community-based organisations.
Our exclusive interview with Shesh Ghale explores his background, his passion for education, his deal-making in the commercial property sector and the key ingredients that have enabled him to become one of Australia’s most successful individuals.
