Latest news with #BharatJain
India.com
8 hours ago
- Business
- India.com
Meet World's Richest Beggar With Net Worth Of Rs 7,50,00,000, Owns Two Commercial Shops, Lives In Flats Worth Rs 1.4 Crore; He Is…
photoDetails english 2919580 Updated:Jun 21, 2025, 04:06 PM IST The Man Behind the Headlines 1 / 8 Meet Bharat Jain – often spotted outside CST or Azad Maidan in Mumbai, he might look like any other beggar. But what sets him apart is his massive net worth of Rs 7.5 crore, earned over decades through sheer persistence and smart financial decisions. His life is proof that appearances can be deceiving. Humble Beginnings 2 / 8 Born into poverty, Jain's early life was filled with financial struggles. His family often struggled to meet basic needs like food, clothing, and shelter. Without access to formal education or stable work, Jain had little choice but to turn to begging. But instead of giving in to circumstances, he used them as motivation to build a better future. 40 Years of Relentless Work 3 / 8 Begging has been Jain's full-time job for more than 40 years. He works tirelessly for 10–12 hours a day, seven days a week, with no holidays. His estimated daily income is Rs 2,000 to Rs 2,500, translating to Rs 60,000 to Rs 75,000 per month—more than many white-collar jobs in India. Investing in Real Estate 4 / 8 Jain didn't spend lavishly. Instead, he saved and invested. Over the years, he bought two spacious flats in Mumbai valued at a combined Rs 1.4 crore. These properties now house his wife, two sons, father, and brother—providing them a safe and secure life, a far cry from the hardships they once faced. Passive Income from Shops 5 / 8 In addition to his residential properties, Bharat Jain owns two commercial shops in Thane, which he rents out. These shops earn him a steady Rs 30,000 per month in rental income. This stream of passive income adds to his financial stability and shows his smart approach to long-term wealth. Education for the Next Generation 6 / 8 Thanks to his earnings and foresight, Jain ensured his children wouldn't face the same hardships. Both sons were enrolled in a reputed convent school in Mumbai and completed their education. Today, they help manage the family's stationery business, providing the family with yet another source of regular income. Why Does He Still Beg? 7 / 8 Despite having wealth, property, and a stable family business, Jain continues to beg on Mumbai's streets. Why? Some say it's simply a habit built over years. Others believe it's a sign of humility. Whatever the reason, he remains committed to the daily routine that once helped him survive. A Story That Redefines Success 8 / 8 From begging for survival to building a net worth of Rs 7.5 crore, Bharat Jain's journey is one of grit, discipline, and unlikely success. His life is a reminder that wealth can be built in unexpected ways—and that success isn't always defined by a job title or a suit.
India.com
26-04-2025
- Business
- India.com
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.
India.com
25-04-2025
- Business
- India.com
World's 'richest' beggar owns luxury flats in Mumbai, kids attended premier school, his net worth is Rs, daily income is...
AI-generated/Representational World's richest beggar: While you may have come across many rags to riches stories on the internet, the compelling tale of Bharat Jain, often dubbed the 'world's richest beggar', is truly unique as he made his fortune by begging. Unlike other self-made rich people who built successful businesses to climb out of poverty, Bharat Jain used the money he received while begging outside Mumbai's Chhatrapati Shivaji Maharaj Terminus to make smart investments and today owns two luxury flats in the city. Who is Bharat Jain? Born in a financially constrained home, Bharat Jain took spent a hard childhood as basic necessities like food and shelter were scarce. To support his family, Jain took to begging from an early age, and has been doing so for the past four decades, 'working' 10–12 hours a day, seven days a week, and 365 days a year. While many may consider the manner in which Bharat Jain made his fortune, a disingenuous way of making money especially when you don't need to beg anymore, the fact remains that the rich beggar treats begging as a full-time job which he carries out with diligence. Bharat Jain daily income According to various media reports, Bharat Jain makes around Rs 2,000 to Rs 2,500 on a daily basis, which brings his monthly income to around Rs 60,000 to Rs 75,000, more than what many entry-level workers make it in the country's corporate sector. Bharat Jain net worth As per reports, Bharat Jain made smart investments using the money he got by begging on the streets of Mumbai, and currently owns two high-end apartments in the city worth Rs 1.4 crore. Bharat Jain has a net worth of Rs 7.5 crore, and his family, including his wife, two sons, father, and brother, lives in the two luxury flats that he owns. Additionally, Bharat Shop also reportedly owns two shops in Thane, which bring in a monthly rent of Rs 30,000, further adding to his income stream. Children attended top school Bharat Jain's financial success has changed the fortunes of his entire family, including his two sons, who completed their education at a premier convent school in Mumbai and currently manage the family's stationery business, which is another source of income for the once-impoverished household. Why Bharat Jain continues to beg? Meanwhile, strangely enough, Bharat Jain continues to beg on the roads of Mumbai despite now having financial independence and a stable business to fall back on. Many consider it a habit or addiction hard to forego, while other call it humility, yet the fact remains that in a country where begging is a common practice, Bharat Jain, unlike others who are in the same 'profession', made smart investments, and saved his money to rise out of poverty and make a life for himself and his family.
India.com
25-04-2025
- Business
- India.com
Meet World's Richest Beggar: Owns Flats Worth Rs 1.4 Crore, Kids Studied In Top Convent School– Know All About His Net Worth
photoDetails english 2891137 The term "beggar" often brings to mind images of poverty and struggle—people facing hardship, living on the streets, and battling for survival. However, in an unexpected twist, some have managed to turn begging into a source of wealth and success. One such person is Bharat Jain, the world's richest beggar, whose story challenges conventional notions of poverty. Updated:Apr 25, 2025, 06:49 PM IST Meet the World's Richest Beggar 1 / 8 When it comes to unexpected success stories, Bharat Jain tops the list. Often seen outside Mumbai's Chhatrapati Shivaji Maharaj Terminus or Azad Maidan, Jain may appear like any other beggar—but beneath that modest exterior is a man who has quietly built a net worth of Rs 7.5 crore. From real estate to steady income, he's far wealthier than many white-collar professionals. Humble Beginnings, Big Dreams 2 / 8 Bharat Jain didn't grow up with luxury. His family faced constant financial struggles, and basic necessities like food and shelter were hard to come by. With no access to formal education, the odds were stacked against him. But Jain's story proves that even the most modest beginnings can lead to incredible wealth when paired with determination and smart choices. A Daily Income That Surprises Many 3 / 8 For the past four decades, begging has been Jain's full-time job. He works 10–12 hours a day, seven days a week, without breaks. Reports suggest his daily earnings range from Rs 2,000 to Rs 2,500, bringing his monthly income to around Rs 60,000 to Rs 75,000. It's more than what many entry-level corporate jobs in India offer! Two Flats Worth Rs 1.4 Crore 4 / 8 Jain didn't let his earnings go to waste. He invested smartly, purchasing two flats in Mumbai valued at a combined Rs 1.4 crore. These spacious homes house his entire family—his wife, two sons, father, and brother—offering them a lifestyle far from the one he once knew. Commercial Property That Pays Monthly 5 / 8 In addition to residential real estate, Bharat Jain owns two shops in Thane. These properties bring in a rental income of Rs 30,000 every month. This passive income adds stability and ensures financial security for the family. It's proof that Jain not only earns—he invests wisely. A Family That Grew With Him 6 / 8 Thanks to his financial success, Jain's two sons attended a well-known convent school in Mumbai and completed their education. Today, they help manage the family-run stationery business, which serves as an additional source of income. Despite their growing financial independence, the family has mixed feelings about Jain continuing to beg. Still Begging, Despite Millions 7 / 8 Even with significant assets and a stable family business, Bharat Jain continues to beg in Mumbai. Why? Some say it's habit. Others believe it's humility. Whatever the reason, Jain remains committed to the routine that once helped him survive—even though he now lives a life far richer than most imagine. Rs 7.5 Crore Net Worth & Still Counting 8 / 8 From begging on the streets to owning crores worth of real estate, Bharat Jain's journey is truly one-of-a-kind. With a net worth of Rs 7.5 crore, he redefines what success can look like—even from the most unexpected beginnings. His story is a powerful reminder that sometimes, fortune truly does favor the persistent. (Images Credit: GeminiAI & ChatGPT)
