• News
  • Film and TV
  • Music
  • Tech
  • Features
  • Celebrity
  • Politics
  • Weird
  • Community
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
World's richest beggar has a net worth of $1 million

Home> News> World News

Updated 14:27 7 Jan 2025 GMTPublished 11:17 13 Jul 2023 GMT+1

World's richest beggar has a net worth of $1 million

He has purchased a number of properties with the proceeds of his begging

Kit Roberts

Kit Roberts

Begging is something you would imagine that someone would only turn to as a last resort.

The overwhelming weight of social pressure and a culture of shaming people for asking for help creates a deep-seated sense of pride. In turn, this leads to people who are forced into circumstances where they have to beg others on the street to be wrongly viewed as almost subhuman by others.

However, it seems that one man has not only turned his life around after begging, but seems to have found a way to game the system.

Bharat has managed to buy a house and property with the proceeds.
Getty

Advert

Bharat Jain takes to the streets in Mumbai - India's financial capital - to beg from strangers. Typically, he can take home as around 2500 rupees - around $30 - per day or around 75,000 rupees ($913) a month.

It might not seem like much, but it seems that Bharat has managed to turn scrimping and saving into an art form.

According to The India Times, he possesses a two-bedroom flat in Mumbai and also lets out his two shops in Thane for a rent of 30,000 rupees per month - all bought from the proceeds of his begging.

Bharat himself was left uneducated due to the deprivation he had faced growing up. He has made sure that his children will not have to go through the same problems as they grow up.

Advert

They now go to a convent school, and are getting a formal education.

Bharat Jain takes to the streets in Mumbai to beg from strangers.
Bharat Jain

He typically spends 10 to 12 hours begging along the Chhatrapati Shivaji Terminus railway station and Azad Maidan sports ground.

All this has allowed him to buy a two bedroom flat which is worth about 12 million rupees, or just over $146,000.

Advert

While $30 a day might not seem much in the US, the lower cost of living and low property prices mean that his earnings have a lot more purchasing power in India.

In fact, $913 per month is higher than the average salary to live comfortably in Mumbai, which equates to around $730 per month. Not bad at all!

Bharat still won't retire from begging (stock image).
Pexels

It's no surprise then that Bharat has been given the nickname of 'the world's richest beggar'.

Advert

His earnings have seen him gain a comfortable life for himself and his family, as well as a much better start for his children than he had.

You might think that given the level of success he has achieved and the security he has found, that Bharat might think about retiring from begging and living off his properties.

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

Featured Image Credit: Bharat Jain/Chanin Nont

Topics: News, World News

Kit Roberts
Kit Roberts

Kit joined UNILAD in 2023 as a community journalist. They have previously worked for StokeonTrentLive, the Daily Mirror, and the Daily Star.

Advert

Advert

Advert

  • Reason Bill Gates' children will inherit less than 1% of his $107,000,000,000 net worth
  • Taylor Swift's cat 'has a higher net worth' than boyfriend Travis Kelce
  • Scientists reveal there's a new rarest eye color that only 1% of the population has
  • Picture of former Twitter CEO Jack Dorsey who has a net worth of $5,700,000,000 has people pointing out one detail

Choose your content:

3 hours ago
5 hours ago
6 hours ago
  • 3 hours ago

    Cult classic film removed from Disney+ over controversial scene that had it banned from TV

    The British Board of Film Classification (BBFC) has long expressed its concerns about the scene in the 1989 movie

    Film & TV
  • 5 hours ago

    Vin Diesel hints Paul Walker could be in upcoming Fast and Furious movie and it's left fans very divided

    He's desperate to reunite Dom and Brian

    Film & TV
  • 5 hours ago

    Trump supporters are revealing the ‘red line’ that would make them stop supporting him and people say it’s ‘disturbing’

    President Trump's shocking approval ratings were recently released

    News
  • 6 hours ago

    Starbucks customer outraged after barista allegedly wrote 'illegal' joke on her cup

    "When I read it I’m like, OK. Was I supposed to laugh?"

    News