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Article: The Wealthiest Beggar In The World Has A Net Worth of $1 Million

The Wealthiest Beggar In The World Has A Net Worth of $1 Million - DSF Antique Jewelry
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The Wealthiest Beggar In The World Has A Net Worth of $1 Million

The wealthiest beggar in the world is a man named Bharat Jain, who can be seen begging on the streets of Mumbai, India.

According to the Indian media, Bharat Jain has considerable wealth and is a successful businessman, but he still begs on the streets of Mumbai.

the beggar

Wealthiest Beggar in the World and His Fortune

The India Times points out that the man has a fortune of over one million dollars, and owns a duplex in Mumbai and two commercial spaces that he rents out.

Due to poverty, Jain could not go to school in his youth.

Indian media reports that the beggar has been able to send his children to expensive private schools.

Bharat saved and hoarded the money he earned by begging eventually buying a luxury two-bedroom apartment in Mumbai.

It is also reported that Bharat Jain purchased two shops from which he makes a monthly rental income.

Generosity of people

Even though he is now a very rich man, the wealthiest beggar in the world is often seen begging in the city's tourist areas.

Bharat Jain begs around Chhatrapati Shivaji Terminal train station and Azad Maidan Stadium for 10 to 12 hours daily.

While many people struggle to earn a few hundred rupees (Indian currency, 1 rupee = 0.012 USD) after working long hours, Jain manages to earn 2,000-2,500 rupees per day within a span of 10 to 12 hours, thanks to the generosity of people.

Family

Bharat Jain is a married man with a family that includes his wife, two sons, his brother, and his father

According to Hindustan Times, the wealthiest beggar in the world and his family live in a duplex apartment in Parel.

His children have attended a convent school and completed their education.

His family members operate a stationery store.

They consistently ask the wealthiest beggar in the world to stop begging, yet he disregards their counsel and continues with the begging work. 

Photo Credit: Livemint

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