Mumbai streets: World's richest beggar, Bharat Jain, boasts a net worth of Rs 7.5 crore

First Published | Sep 11, 2024, 10:02 AM IST

Bharat Jain, a beggar from Mumbai, possesses assets worth crores. His earnings surpass those of many well-educated professionals holding high positions in corporate companies.

We often perceive beggars as extremely poor, struggling for daily survival. However, one beggar has surprised everyone by amassing a fortune worth crores. Bharat Jain, considered the richest beggar, is that extraordinary individual.

Bharat Jain, a resident of Mumbai, possesses assets worth crores. His earnings surpass those of many well-educated professionals holding high positions in corporate companies.

World's richest beggar Bharat Jain

Due to financial constraints, Bharat couldn't pursue formal education. However, overcoming these challenges, he earned money through hard work, educated his two sons, and got them married. Bharat Jain's total assets are estimated to be around Rs 7.5 crore.

A prominent English news agency reports his monthly income to be between Rs 60,000 and Rs 75,000. This is significantly higher than the average salary of many tech professionals in India.

Apart from his earnings from begging, Bharat has also made several smart investments. He has purchased two apartments worth Rs 1.4 crore in Mumbai. He has also invested in two shops in Thane, which generate a monthly rental income of Rs 30,000 without any effort.

Despite having such wealth, Bharat continues to beg at places like Chhatrapati Shivaji Terminus and Azad Maidan in Mumbai. He resides in the Parel area. His children studied in convent schools. Jain's family also runs a stationery shop.

Bharat Jain's story has amazed everyone. He is a remarkable example of hard work. 

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