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This Mumbai Beggar Bharat Jain Became a Millionaire—You Won’t Believe How Much He Earns Daily!

Bharat Jain, a man from Mumbai, India, is considered one of the richest beggars in the world. According to a report by India.com, Jain has accumulated a fortune of INR 7.5 crore (approximately $900,000) through begging. He also owns two flats worth INR 1.5 crore and runs a stationery shop.

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Despite opposition from his family, Jain refuses to give up begging, believing it to be more profitable than many regular jobs. He revealed that some people choose to beg because they earn more money than they would in ordinary employment.

Begging as a Lucrative Profession

Jain is often seen begging in Mumbai’s Chhatrapati Shivaji Maharaj Terminus and Azad Maidan. Over the years, he has earned enough money to invest in real estate and businesses.

Born into a poor family, Jain was unable to afford an education due to extreme poverty. To survive, he started begging at a young age. For the past 40 years, he has spent 10 to 12 hours a day begging, earning around INR 2,000 to 2,500 daily. This translates to a monthly income of INR 60,000 to 75,000, which is higher than many salaried jobs in India.

Wealth Beyond Begging

Despite being a beggar, Jain has purchased flats where he lives with his wife, two sons, father, and brother. He also owns two shops in Thane, generating an additional INR 30,000 per month.

Thanks to his financial success, Jain’s children have studied in expensive convent schools. When asked why he does not quit begging, Jain replied, “I enjoy begging and will continue doing it.”

Charity and Other Wealthy Beggars in India

In an interview with The Economic Times, Jain revealed that he regularly donates to temples and charities. Interestingly, he is not the only millionaire beggar in India.

According to The Enterprise World, other wealthy beggars include:

Laxmi Das from Kolkata, who has a net worth of INR 1 crore.
Krishna Kumar Gite from Nalasopara, who owns a room worth INR 7 lakh, where he lives with his brother.

India’s Begging Population

India has over 400,000 beggars, with West Bengal having the highest number (81,000), followed by Uttar Pradesh and Andhra Pradesh.

Bharat Jain’s story challenges conventional ideas about wealth, work, and survival, proving that even the most unconventional professions can lead to unexpected financial success.