This Indian man is world's richest beggar, owns Rs 1.4 crore flat, kids studied in convent school, lives in..., net worth is Rs...
Watching people begging on street is an unpleasant site that may wrench your heart but sometimes also renders you helpless at the same time. Headlines have said in the past how educated people have also turned to streets due to lack of employment an d other issues. But, did you know hat there is an Indian man who is ranked as the richest beggar in the world! A surprising oxymoron right – a rich beggar.
This Indian man's surprising net worth only goes out to bring to light the vastness of the begging industry and realities of this cobweb. The man who has been dubbed as the richest beggar rather has become comfortable begging than looking into a job. His name is Bharat Jain. The Story of Richest Beggar in The World
Bharat Jain's childhood had been replete with struggles and financial strain. He never got any education and resorted to begging. Reportedly he begs in area between Chhatrapati Shivaji Maharaj Terminus and Azad Maidan. Over years of begging he has acquired enough wealth to build properties of his own!
Jain has begging almost over 40 years and earns Rs 200- Rs 2500 per day as per a report by ETimes. He works 10-12 hours a day and manages to bring home Rs 60,000- Rs 75,000 a month.
World's richest beggar's investments
Bharat Jain reportedly owns two flats worth Rs 1.4 crores and lives with his wife, two sons and his brother. Same Etimes report claims that he own two shops in Thane but refuses to leave begging on the street despite his family's perusals.
His sons studies at a convent school. He said that he is 'not greedy but generous' and also indulges in certain temple donations too.
Net Worth
Reportedly Bharat Jain has a surprising net worth of Rs 7.5 crores. Looking at other 'rich beggar's in India, Laxmi Das in Kolkata has Rs 1 crore net worth while Sambhaji Kale has worth of Rs 1.5 crores.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
an hour ago
- Time of India
Spirits in a box: Why new liquor shops in Noida are in a container
Noida: Delta 1 got the city's first liquor shop operating out of a 40 by 12 feet prefabricated container in April after UP amended its excise policy earlier this year, taking a leaf out of Haryana and Punjab, to make business operations easier and plug revenue leaks. Under the new policy, introduced on Feb 13, licensees are allowed to set up prefabricated containers for shops on private or govt land, provided they met the guidelines under UP Excise Shops Number and Location (Amended) Rules, 1968. Clause 5.16 (17) of the new policy specifically permits such setups in urban and industrial authority zones, including Noida, Greater Noida, YEIDA and Mandi Samiti, against a rent fixed by local officials. District excise officer Subodh Kumar said the move aims to curb illegal, makeshift operations and bring them under a regulated, tax-paying framework. "Haryana has already implemented this model. We saw vendors in UP starting to do the same informally, which led to revenue loss. Legalising it helps the govt ensure proper tax collection," he said. In Gautam Budh Nagar alone, 16 out of the 501 new liquor licences issued this year opted for container setups — 12 in Noida and four in Greater Noida. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 임플란트, 지금 시작하세요 [자세히 보기] 임플란트 더 알아보기 Undo However, turning policy into practice has proven complicated. Zoning restrictions, reluctance from landlords, and rising rental prices have left many licensees struggling to find appropriate commercial space. "There's a shortage of commercial units in Noida, and landlords are often unwilling to rent to liquor vendors. Some demand exorbitant prices, others outright refuse," Kumar added. To ease implementation, the district magistrate wrote to Noida and Greater Noida authorities in May, urging them to identify suitable plots for prefabricated liquor outlets. But no formal response has been received, according to officials, although informal discussions are ongoing. A first-time licensee, who previously ran a shop in Lucknow's Hazratganj, said he was forced to rent land from a farmhouse owner at Rs 75,000 per month. "Every commercial unit I checked was within 50 metres of a residential building, which is against the rules. I applied to the Authority for permission to install a container, offering to pay rent. But when no reply came, I had no choice but to use a private plot," he said. Similar stories are emerging from Greater Noida. In Delta 1, another vendor found refuge on a commercial plot owned by a private builder near the metro station. "In April, when I was supposed to start operations, I couldn't find a space. Eventually, I set up the container on private land after reaching an agreement with the builder," he said. Despite the early hurdles, the move has long-term potential. Greater Noida Authority's additional CEO Prerna Singh said the matter will be taken up at the next board meeting. "We are looking at the policy's revenue potential. Prefabricated shops can be a regulated source of income for the Authority. We will explore incorporating these provisions into our bylaws." Excise officials stress that licensees are not just traders but partners in ensuring state revenue. "For every Rs 1 lakh in liquor sales, Rs 70,000 goes to the govt," said a vendor. "We want to comply — but the system has to work with us." While the policy offers greater flexibility to vendors and promises more revenue for the state, it has not been without friction on the ground. Earlier this week, Noida Authority dismantled a container-based liquor shop in Sector 129 following complaints from residents.
United News of India
an hour ago
- United News of India
Afghan dry fruit traders concerned over continued closure of Attari-Wagah border
Kabul, June 21 (UNI) The closure of the Attari–Wagah border crossing, one of Afghanistan's key trade routes to India, has raised serious concerns among dried fruit exporters of Afghanistan. The Kabul Dry Fruit Exporters Union has warned that stopping freight truck movement on this route could severely disrupt both fresh and dried fruit exports, Tolo News reported. The union has urged Pakistani and Indian authorities to reopen the route permanently for Afghan cargo trucks. Khalid Rahmani, spokesperson for the union, told TOLOnews, 'We hope alternative links through Wagah and Chabahar ports will open soon. Given the current political and trade tensions between Pakistan and India, we predict a decline in exports to both countries.' After the Indian and Pakistani military tensions eased, the border reopened briefly on May 9, allowing about 162 trucks to pass, but it was shut again. At least 12 Afghan export trucks remain stuck at the crossing. With the fruit harvest season approaching, traders warn that continued closure could pose major challenges for Afghan exports. They are calling for diplomatic engagement to reopen this critical trade route. Omid Haidari, head of international relations at the Chamber of Agriculture and Livestock, said: 'We urge the leadership of the Islamic Emirate, especially the Ministry of Foreign Affairs, to strengthen contact with the Indian Foreign Ministry so that our major trade route can be reopened.' Merchant Mahboobullah Mohammadi, said, 'Our biggest export is dried fruit, especially pine nuts, which we mostly send to India via Wagah. But the decline in exports this year has brought significant losses. Our air corridors are still shut, and large amounts of pine nuts remain unsold in local markets.' The Wagah border was closed after tensions escalated between India and Pakistan following the terrorist attack in Pahalgam, India, on April 22. The closure of the land border check post continues to cast a shadow over Afghanistan's regional trade. UNI ANV RN
Time of India
an hour ago
- Time of India
KSRTC's Davanagere division records uptick in digital payments
Davanagere: The Karnataka State Road Transport Corporation ( KSRTC ) achieved notable success in digital payments, collecting Rs 10 crore in eight months through its Davanagere division. This achievement follows KSRTC's intensified promotion of UPI payments since Nov 2024. The organisation aims to collect Rs 1 crore daily through digital means, targeting 50% of all transactions. Passengers embraced the QR code payment system for bus fares, despite initial technical difficulties. The digital payment implementation resolved issues related to small change, enhancing the travel experience and reducing conflicts between passengers and conductors. The Davanagere division also introduced UPI payments via smart electronic ticket machines (ETMs) in Nov. Travellers now complete transactions using applications like PhonePe and Google Pay. Digital payments are more prevalent on long-distance routes with reliable network coverage. Inter-district and interstate services show higher digital transaction rates when compared to urban and rural routes. City passengers display less inclination towards UPI payments for smaller fares. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Sanitize & Smooth Clothes Fast with Philips Steamer Philips Garment Steamers Shop Now Undo Premium service users typically book tickets online in advance. From Nov 2024 to June 15, 2025, the division collected Rs 11 crore via UPI across its three depots: Davanagere Depot-1, Davanagere Depot-2, and Harihar Depot. Monthly collections increased steadily: November (Rs 29.2 lakh), December 2024 (Rs 1 crore), January 2025 (Rs 1.3 crore), February (Rs 1.5 crore), March (Rs 1.6 crore), April (Rs 1.8 crore), May (Rs 1.9 crore), and June (Rs 1.9 crore). The division manages 404 buses with 490 ETMs, including backup units. Occasional technical issues led to payment deductions without ticket issuance, causing disputes. The refund system improved, with reimbursements now processed within 48 hours, reduced from one week previously. Passengers are showing a preference for digital payments, and if a ticket is not printed, the amount is credited to their account within 24 hours. We solved some technical issues, and we are expecting more digital payments in our division, said Kiran Kumar Basapur, KSRTC divisional controller, Davanagere.
