When we think of beggars, we often associate them with poverty, financial instability, and a struggling appearance. However, there are individuals who have managed to transform begging into a profitable and successful profession, giving it an entirely new dimension.
Bharat Jain, as reported by the Economic Times, holds the title of being the richest beggar in the world. You can find him on the streets of Mumbai, actively engaging in begging. Despite his humble background and lack of formal education, Jain has amassed a net worth of ₹7.5 crore. His monthly earnings from begging range between ₹60,000 and ₹75,000.
Jain is a married man with a family that includes his wife, two sons, his brother, and his father. He resides in a 1BHK duplex apartment in Parel, Mumbai, and owns a 2BHK flat worth ₹1.2 crore. Additionally, Jain possesses two shops in Thane, which generate a monthly rental income of ₹30,000.
While many people struggle to earn a meager income after long hours of work, Jain manages to earn ₹2,000-2,500 per day by begging for approximately 10 to 12 hours. His preferred locations for begging are Chhatrapati Shivaji Maharaj Terminus railway station (CSMT) or Azad Maidan, where the generosity of people contributes to his earnings.
Interestingly, despite his substantial wealth, Jain continues to beg on the streets of Mumbai. His family, who operate a stationery store, consistently advise him to quit begging, but he disregards their counsel and persists in his chosen occupation.
It is worth noting that this information is based on the available reports.
