Meet Bharat Jain, World’s richest beggar with a net worth of ₹7.5 crore

Bharat Jain defies the typical image of a beggar. While we often associate beggars with poverty and lack of essentials, Jain has achieved something remarkable. Despite his occupation, he has amassed significant wealth, challenging our stereotypical notions.

According to a report from the ET, Bharat Jain holds the title of being the wealthiest beggar in the world. Surprisingly, one can find him begging on the streets of Mumbai.

Jain’s lack of formal education and financial struggles prevented him from pursuing a stable career. Despite his humble beginnings, he has managed to accumulate a net worth of ₹7.5 crore. His monthly earnings from begging range between ₹60,000 and ₹75,000.

Surprisingly, Jain owns a luxurious 2BHK flat in Mumbai worth ₹1.2 crore, along with two shops in Thane that generate a monthly rental income of ₹30,000. His chosen begging spots are often at prominent locations such as Chhatrapati Shivaji Maharaj Terminus railway station (CSMT) or Azad Maidan.

Although Jain possesses such wealth, he continues to beg on the streets of Mumbai. While many individuals struggle to earn a few hundred rupees after long hours of work, Jain manages to earn ₹2,000 to ₹2,500 per day by dedicating 10 to 12 hours to his begging endeavours, relying on the generosity of people.

Jain and his family reside in a 1BHK duplex apartment in Parel. His children have received education in a convent school and completed their studies. Additionally, other members of his family operate a stationery store. Despite their constant advice to quit begging, Jain disregards their counsel and persists in his begging profession.

The irony is despite being a millionaire, Bharat Jain finds himself begging. Fate works in mysterious ways, doesn’t it? Who would have thought that someone with such wealth would choose to rely on the generosity of others? It goes to show that fate has a wicked sense of humor, and the paths it leads us down can be utterly unpredictable.