Meet Bharat Jain: World’s richest beggar with a net worth of ₹7.5 crore
The term 'beggar' often evokes the thoughts of the individuals associated with poverty, facing financial instability, wearing worn-torn attire, and having unkempt hair.
However, there are some individuals who have turned begging into a profitable and lucrative profession, taking begging on a new dimension.
According to a report by Economic Times, Bharat Jain is the is the wealthiest beggar globally and can be seen begging on the streets of Mumbai.
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Due to financial instability, Jain was unable to pursue formal education, though he is a married man with a family that includes his wife, two sons, his brother, and his father.
Despite his humble beginnings, Jain has accumulated a net worth of ₹7.5 crore. His monthly earnings from begging range between ₹60,000 and 75,000.
Further, he owns a 2BHK flat in Mumbai worth ₹1.2 crore, and owns two shops in Thane that rent for ₹30,000 per month. Jain reportedly begs at prominent locations Chhatrapati Shivaji Maharaj Terminus railway station (CSMT) or Azad Maidan.
Despite being such a rich man, Jain continues to beg on the streets of the financial capital. While many people struggle to earn a few hundred rupees even after working long hours, Jain manages to earn ₹2,000-2,500 per day within a span of 10 to 12 hours, thanks to the generosity of people.
Jain and his family live in a 1BHK duplex apartment in Parel. His children have attended a convent school and completed their education. His other family members operate a stationery store. They consistently advise Jain to stop begging, yet he disregards their counsel and continues with the begging work.
