From Poverty to Prosperity: The Surprising Wealth of Mumbai’s Richest Beggar
Bharat Jain, known as the world’s wealthiest beggar, has built a surprising net worth of Rs 7.5 crore by begging on the streets of Mumbai. He even owns properties and earns more than many people with regular jobs.
Bharat JainMumbaiBeggingWealthPropertiesReal Estate MumbaiJun 28, 2025
Bharat Jain’s journey from poverty to prosperity is nothing short of remarkable. He didn’t grow up in a wealthy family; his family faced tough financial times. They struggled to afford food and shelter, which meant Bharat couldn’t go to school. But over time, he turned his life around.
Today, reports say he has a net worth of Rs 7.5 crore, including several properties and an income higher than many regular workers. For the past 40 years, Bharat has mainly earned his money through begging. Reports suggest he makes around Rs 2,000 to Rs 2,500 a day, depending on where he is and how generous people are. He works around 10 to 12 hours daily, earning between Rs 60,000 to Rs 75,000 a month.
Besides begging, Bharat has made smart money choices. He owns two flats in Mumbai worth Rs 1.4 crore, where he lives with his wife, two sons, father, and brother. He also owns two shops in Thane, which give him Rs 30,000 per month in rent. These wise investments help him take care of his family and plan for the future.
His sons went to a well-known convent school, finished their studies, and now help with the family business. The Jains run a stationery store, which adds to their income. Even though Bharat is now financially secure, his family doesn’t fully support his choice to keep begging. But he stands by it and says, “I enjoy begging, and I don’t want to give it up.”
In an interview with the Economic Times, Bharat said, “I’m not greedy. I’m generous.” He also shared that he visits temples and donates money. Bharat’s story is not one of a kind. India’s begging industry is reportedly worth about Rs 1.5 lakh crore. Others like Sambhaji Kale, who is worth Rs 1.5 crore, and Laxmi Das, with Rs 1 crore, have also gained wealth through begging.
Bharat Jain’s journey from a life of poverty to becoming one of the wealthiest beggars in Mumbai is a testament to his perseverance and smart financial decisions. His story serves as a reminder that success can come from unexpected places and that making wise choices can lead to a better future.
Frequently Asked Questions
How much does Bharat Jain earn per month?
Bharat Jain earns between Rs 60,000 to Rs 75,000 per month through begging.
What is Bharat Jain's net worth?
Bharat Jain's net worth is Rs 7.5 crore, including properties and other investments.
Where does Bharat Jain live?
Bharat Jain lives in two flats he owns in Mumbai, where he resides with his family.
What other businesses does Bharat Jain run?
Bharat Jain runs a stationery store with his family, which adds to their income.
What is the estimated value of India's begging industry?
India's begging industry is reportedly worth about Rs 1.5 lakh crore.
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