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Bharat Jain, known as the world’s wealthiest beggar, has built a surprising net worth of Rs 7.5 crore by begging on the streets of Mumbai.
He earns up to Rs 75,000 a month and owns property, including rental shops. (Photo Credit: X)
In the busy streets of Mumbai, near Chhatrapati Shivaji Maharaj Terminus and Azad Maidan, one man stands out, not because he’s asking for money, but because he’s secretly very rich. Bharat Jain, known as the world’s richest beggar, has made a surprising amount of money through begging. He even owns properties and earns more than many people with regular jobs.
How Bharat Jain Became the World’s Wealthiest Beggar?
Bharat Jain didn’t grow up rich; his family faced tough financial times. They struggled to afford food and shelter, which meant Bharat couldn’t go to school. But over time, he turned his life around.
Today, reports say he has a net worth of Rs 7.5 crore, including several properties and an income higher than many regular workers.
For the past 40 years, Bharat has mainly earned his money through begging. Reports suggest he makes around Rs 2,000 to Rs 2,500 a day, depending on where he is and how generous people are. He works around 10 to 12 hours daily, earning between Rs 60,000 to Rs 75,000 a month.
Besides begging, Bharat has made smart money choices. He owns two flats in Mumbai worth Rs 1.4 crore, where he lives with his wife, two sons, father, and brother. He also owns two shops in Thane, which give him Rs 30,000 per month in rent. These wise investments help him take care of his family and plan for the future.
His sons went to a well-known convent school, finished their studies, and now help with the family business. The Jains run a stationery store, which adds to their income. Even though Bharat is now financially secure, his family doesn’t fully support his choice to keep begging. But he stands by it and says, “I enjoy begging, and I don’t want to give it up.”
In an interview with the Economic Times, Bharat said, “I’m not greedy. I’m generous.” He also shared that he visits temples and donates money.
Bharat’s story is not one of a kind. India’s begging industry is reportedly worth about Rs 1.5 lakh crore. Others like Sambhaji Kale, who is worth Rs 1.5 crore, and Laxmi Das, with Rs 1 crore, have also gained wealth through begging.
A team of writers at News18.com bring you stories on what’s creating the buzz on the Internet while exploring science, cricket, tech, gender, Bollywood, and culture.
A team of writers at News18.com bring you stories on what’s creating the buzz on the Internet while exploring science, cricket, tech, gender, Bollywood, and culture.
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Delhi, India, India
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