Bharat Jain: World’s Richest Beggar With A Net Worth Of Rs 7.5 Crore
In the bustling streets of Mumbai, a man can be seen begging at the city’s some of the busiest locations. Even though the term “beggar” often comes up with the images of poverty, this isn’t the case for Bharat Jain. Jain is often regarded as the world’s richest beggar, who has turned his lifestyle into an extraordinary financial success, owning properties and earning more than many conventional jobs provide.
Jain’s journey being a wealthy beggar began in his childhood, when his family faced several financial hardships. Despite the early challenges, he had to work tirelessly to overcome them. As of now, he is a proud owner of a Rs 7.5 crore empire, including multiple properties and income that far exceeds that many of professionals.
After relying on begging for the past 40 years as his primary income source, Jain had earned a range from Rs 2000 to Rs 2,500 depending on the location and the generosity of the passers-by. He works 10-12 hours a day without breaks, earning a monthly income ranging from Rs 60, 000 to Rs 75,000.
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Jain is now the owner of two flats in Mumbai valued at Rs 1.4 crore, where he lives with his wife, two sons, father and brother and he also owns two shops in Thane, which provide a rental income of Rs 30,000 per month. These investments have enabled him to support his family and even ensure the future security of his children.
Though Jain continues with his profession, his family has benefitted from financial stability. His two sons now attend a prestigious convent school. After completing their studies, they are now assisting with the family business.
Jai’s family runs a stationary store, further adding to their income. However, despite his family being not supportive of his choice, he continuously begs arguing that, “I enjoying begging, and I don’t want to give it up”.
He further stated that he is not greedy but only generous. While speaking to the Economic Times, he said, “I donate money to temples and charities.”
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Despite the riches he had accumulated, Jai continues to beg, viewing it as part of his lifestyle rather than an act of desperation.
Meanwhile, Jain’s story is not unique, many other beggars like Sambhaji Khale, with a net worth of Rs 1.5 crore, and Laxmi Das, with a net worth of Rs 1 crore, are yet another stories of whom had amassed considerable wealth through begging.
