Bharat Jain, an Indian resident of Mumbai, has gained attention as the world’s wealthiest beggar, challenging the conventional perception of beggars living in extreme poverty. Reports reveal that Jain, despite his profession, owns two flats worth Rs 1.4 crore in Mumbai and has invested in two shops in Thane, Maharashtra. This article sheds light on Bharat Jain’s unique story and his surprising financial success.
Bharat Jain’s journey as a beggar began due to financial constraints that prevented him from pursuing education. However, Jain ensured that his own children received an education, enabling them to complete their studies successfully. Today, Bharat Jain is reputed to have a net worth of USD 7.5 crores, making him the wealthiest beggar not only in India but worldwide.
Reports suggest that Bharat Jain earns a substantial income from his begging profession, ranging between Rs 60,000 and 75,000 per month. He can often be seen begging at prominent locations such as Chhatrapati Shivaji Terminus and Azad Maidan in Mumbai.
In addition to his begging earnings, Jain’s investments in real estate have significantly contributed to his wealth accumulation. He owns two flats in Mumbai valued at Rs 1.4 crore, serving as valuable assets. Furthermore, Jain’s ownership of two shops in Thane generates a monthly rental income of Rs 30,000.
While Bharat Jain’s source of income may be unconventional, his financial success challenges common perceptions of beggars and their socio-economic status. It is worth noting that Jain’s family members also operate a stationary store, suggesting a diversified portfolio within the family.
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