The Net worth of this Rich Beggar is ₹7.5 crore !!
New Delhi, July 23: Usually a ‘beggar’ is one who does not get three meals a day, begs for pennies on the streets, eats as much as he can get, goes around without a bath or family. They sleep on roadsides, bus and train stations, leaving their long hair and beards. One wonders what the financial condition of those who do not have time for accommodation and food can be.
But the story of this beggar we are telling is different. This beggar, who is often in the news, lives on the generous alms given by him and thinks that he is the richest beggar in the world. He collects thousands of rupees monthly. He has a net income of crores of rupees.
Amidst those who say that begging is enough, some have taken their begging to a new level by successfully turning it into a profitable business. The world’s richest beggar ‘Bharat Jain’ Jain is also one in that line.
Mumbai beggar with family
According to media reports, Bharat Jain lives by begging on the crowded streets of Mumbai, the capital of Maharashtra. He can be seen on the streets of Mumbai. He is not alone. Jain is married and has a family. Jain is survived by his wife, two sons, his brother and his father.
Jain was unable to pursue formal education during his childhood due to financial instability.
Bharat Jain has a net worth of 7.5 crores
According to reports, Bharat Jain currently has a net worth of 7.5 crores. His monthly income from begging is reported to be between 60,000 to 75,000 rupees. He owns two retail establishments in Thane, Mumbai with a turnover of Rs 30,000 per month. Apart from that, he owns a 2BHK house (flat) worth 1.2 crores in Mumbai.
Despite owning so much property, Bharat Jain continues to beg in famous areas like Mumbai’s Azad Maidan or Chhatrapati Shivaji Maharaj Terminus (CSMT). While it is difficult for many in the city to earn a hundred rupees by working long hours, Jain is known to collect/earn 2,000 to 2,500 rupees a day in 10 to 12 hours thanks to the kindness of Indians.
A 1 BHK duplex residence in Parel is a Jain family residence. Their children were educated in a convent school. Jain’s relatives are stationery shop owners. Children and family members continue their work even though they are repeatedly told to stop begging.
The world’s richest beggars are often in the news
This is not the first time that Bharat Jain, the world’s richest beggar, is in the news. In 2015, Jain first made headlines in the media. At that time his monthly income was around Rs 70,000. was Because of this, he is often coming to the fore in the media.
In 2019, Burju Chandra Azad, a beggar, died while crossing train tracks in Govandi. After his death, the police went to his house and found Rs 1.5 lakh in cash. They were almost all coins. When the investigation continued, it came to light that more than 8.7 lakhs had been deposited in the bank in the name of Azad.
Another famous beggar is Mumbaian Krishna Kumar Gita, who owns a flat in Nala Sopara. He was followed by Sarvatiya Devi of Patna and Sambhaji Kale of Solapur. These persons are reported to be begging by profession and have money and property worth lakhs of rupees in their name.
