Meet World’s Richest Beggar With A Net Worth Of Rs 7.5 Cr

OB Bureau

July 8, 2023 11:22 am

Photo courtesy: Live Mint

New Delhi: It’s said, whatever you do, do it well. Put your heart and soul into it. Well, even if it is begging. Meet the world’s richest beggar Bharat Jain, who owns a flat in Mumbai and two shops in Thane. His net worth is expected to be around Rs 7.5 crore, according to reports, which could be the envy of many well-educated corporate employees.

Jain, who has been begging on the streets of Mumbai for years now, earns more than many professionals in the country, with his monthly earnings ranging between Rs 60,000-75,000. According to a report in The Economic Times, Jain was unable to pursue formal education due to financial instability and had to resort to begging to earn a living.

Over the years, he has been begging at prime locations in Mumbai, such as Azad Maidan and the Chhatrapati Shivaji Maharaj Terminus (CSMT) railway station. Jain manages to rake in Rs 2,000 to Rs 2,500 per day in a span of 10-12 hours.

Currently, he owns a two-bedroom flat in Mumbai, which is worth nearly Rs 1.4 crore. He also owns two shops in Thane, which earn him a monthly rent of Rs 30,000. Jain lives with his wife, two sons, his brother, and his father. They live in a 1BHK duplex apartment in the Parel area and his children have completed their education from a convent school, according to the report.

The other members of his family run a stationery shop and they have been asking Jain to stop begging. However, he continues with his vocation on Mumbai’s streets.