Information reaching Kossyderrickent has it that Indian man, Bharat Jain, has become World’s Richest Beggar after he made $890,708.
Indian man Bharat Jain has bagged himself $890,708 by panhandling on the streets. He is now dubbed the “World’s Richest Beggar”
It is a practice normally employed by the unemployed and people down on their luck.
However, begging is turning out to be a lucrative job for one individual in Mumbai, India.
Local media is reporting that beggar Bharat Jain has bagged himself $890,708 (₹7.5 crores) by panhandling on the streets of the tech and financial metropolis. With a net worth of Rs 7.5 crores ($1 million), Bharat Jain’s earnings from begging are far from meager. His monthly income ranges between Rs 60,000-Rs 75,000, a substantial sum by any standard. What sets him apart is not only his ability to accumulate wealth but also his astute investments in real estate. He owns a valuable two-bedroom flat in Mumbai worth Rs 1.2 crore and two shops in Thane that generate a monthly rental income of Rs 30,000. It is indeed remarkable how Bharat Jain managed to thrive in the world of beggary while simultaneously building a real estate portfolio.
But he now has the means to send his children to a convent school.
It’s understood he spends about 10 to 12 hours each day begging, usually around the Chhatrapati Shivaji Terminus railway station and Azad Maidan sports ground, which are considered prime begging locations.
Bharat Jain’s journey from humble beginnings to becoming a wealthy beggar is truly extraordinary. Born into a financially constrained family, he was unable to pursue formal education, which limited his prospects for finding stable employment. Despite these obstacles, Bharat Jain managed to create a life for himself and his family through his unconventional profession.
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