World's Richest Beggar Has A Net Worth Of $1 Million

By Aleena in News On 27th July 2023
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A profound sense of pride takes root in a society burdened by social pressure and a culture of shame around seeking help.

Bharat has managed to buy a house and property with the proceeds. Credit: Bharat Jain

This unfortunate mindset leads to those compelled to beg on the streets being unjustly perceived as almost subhuman by others.

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Yet, amidst this challenging backdrop, there emerges an extraordinary individual who has not only transformed his life after begging but also discovered a unique way to outsmart the system.

Step into the bustling streets of Mumbai, India, and meet Bharat Jain – a man who has found a unique way to survive.

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He's taken to begging instead of a regular job, and you won't believe the results!

Daily, Bharat skillfully collects around 2500 rupees (about $30), and here's the real kicker – he manages to pull in a staggering 75,000 rupees (around $913) every month!

You might wonder how such small earnings could make a difference, but hold on tight! Bharat has turned scrimping and saving into an extraordinary art form.

With his savvy skills, he's transformed humble amounts into a thriving livelihood.

Bharat Jain takes to the streets in Mumbai to beg from strangers. (Image: Getty Images)

You won't believe the incredible achievements of Bharat Jain! According to The India Times, he's not only earning from his street-smart begging, but he now owns a two-bedroom flat in Mumbai and has two shops in Thane that he rents out, bringing in 30,000 rupees per month (103.98$).

But what makes his story even more remarkable is his humble background. Bharat had faced deprivation in his youth and couldn't pursue an education.

However, he's breaking the cycle for his children. They are now attending a convent school, receiving a formal education, and enjoying a brighter future.

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Bharat Jain's dedication to his unique approach to begging has led him to spend approximately 10 to 12 hours at spots like the Chhatrapati Shivaji Terminus railway station and Azad Maidan sports ground.

Report says he takes home about $30 a day or $904 a month. (Image: Getty Images)

Surprisingly, his clever money management has yielded incredible results.

With his earnings, Bharat has purchased a valuable two-bedroom flat worth around 12 million rupees, equivalent to just over $146,000.

The magic of his success lies in the lower cost of living and property prices in India. While $30 a day might not seem like much in the United States, it holds far greater purchasing power in India.

In fact, earning $913 per month surpasses the average salary needed to live comfortably in Mumbai, which is around $730 per month. Impressive, isn't it?

However, despite the advice of his family, he has no such plans and still begs.

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Bharat's astounding success has earned him the well-deserved nickname of 'the world's richest beggar.'

With his diligent efforts, he has secured a comfortable life for himself and his family and provided his children with a significantly better start than he had.

One might assume that with such achievements and the security of his properties, Bharat would consider retiring from begging.

However, against the advice of his family, he remains committed to his street-side activity.

Perhaps, for Bharat, it goes beyond just financial gains.

Begging might be a source of connection to the people he encounters daily or a way to give back to the community that has supported him through the years.

Bharat still won't retire from begging (Image: Getty Images)

Whatever the reason, his determination to continue speaks volumes about his resilience and the complexity of his motivations.