Meet Bharat Jain: World’s richest beggar with a net worth of ₹7.5 crores

G GOWTHAM
The word "beggar" frequently conjures images of people who are poor, have unstable finances, dress in tattered, ripped clothing, and have messy hair. However, some people have elevated begging to a new level by turning it into a successful and lucrative business. Bharat Jain is the world's richest beggar, according to a report by the Economic Times, and he can be spotted begging on the streets of Mumbai.

Jain, who is married with a family that includes his wife, two boys, his brother, and his father, was unable to continue formal schooling due to financial problems. Jain has amassed a net worth of 7.5 crore despite his modest origins. His begging income fluctuates between 60,000 and 75,000 yen every month.
Additionally, he owns two stores in thane that rent for $30,000 a month and a 2BHK flat in mumbai that is worth 1.2 crore rupees. According to reports, Jain begs in well-known areas like azad Maidan or Chhatrapati shivaji Maharaj Terminus (CSMT). Jain continues to beg on the streets of the financial centre despite being such a wealthy man. Jain is able to make between 2,000 and 2,500 rupees a day in a matter of 10 to 12 hours owing to the kindness of others, but many others find it difficult to make even a few hundred rupees after working long hours.
In Parel, Jain and his family reside in a duplex apartment with one bedroom. His children have finished their schooling at a convent school. His other relatives own a stationery shop. They constantly tell Jain to stop begging, but he doesn't listen to them and keeps doing it.




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