Latest news with #BharatJain
Hindustan Times
08-07-2025
- Hindustan Times
Man dead, nephew injured after their bike collides with parked container
MUMBAI: A 45-year-old man was killed and his 18-year-old nephew was severely injured when their bike collided with a parked container on the eastern express highway in Vikhroli East on Sunday. The injured has been admitted to the Zen Hospital in Chembur. Man dead, nephew injured after their bike collides with parked container According to the Vikhroli police, the deceased, Bharat Jain, and his nephew, Jai Shankar Jain, were travelling towards south Mumbai when the accident took place. The police said that bikers had collided with a parked container belonging to the Ashok Leyland company. The police rushed the duo to the Rajawadi Hospital in Ghatkopar where Bharat was declared dead around 1:30am. Due to the severity of Jai Shankar's injuries, his relatives transferred him to the Zen Hospital in Chembur. Investigations revealed that the container had been damaged on route, and the driver had parked it along the highway without taking the proper security measures to make the vehicle visible to other travellers. The police said, 'The driver should have left the container's lights on, but instead he parked the vehicle carelessly.' The Vikhroli police said that they have booked the container's driver under relevant sections of the Bharatiya Nyaya Sanhita (BNS) and the Motor Vehicles Act.
News18
28-06-2025
- Business
- News18
Who Needs A Job? This Mumbai Beggar Earns More Than Rs 75,000 A Month
Last Updated: 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. In the busy streets of Mumbai, near Chhatrapati Shivaji Maharaj Terminus and Azad Maidan, one man stands out, not because he's asking for money, but because he's secretly very rich. Bharat Jain, known as the world's richest beggar, has made a surprising amount of money through begging. He even owns properties and earns more than many people with regular jobs. How Bharat Jain Became the World's Wealthiest Beggar? Bharat Jain didn't grow up rich; 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. First Published:
India.com
22-06-2025
- Business
- India.com
Meet world's richest beggar, owns flats worth Rs 14000000, has net worth of Rs…, not from US, UK, Pakistan, China, Bangladesh, he is from….
Meet world's richest beggar, owns flats worth Rs 14000000, has net worth of Rs…, not from US, UK, Pakistan, China, Bangladesh, he is from…. The term "beggar" typically evokes notions of hardship and extreme struggle to survive. But Bharat Jain, a man from Mumbai, has turned that definition on its head. Bharat Jain is known as the richest By Sumaila Zaman Edited by Sumaila Zaman Advertisement The term 'beggar' typically evokes notions of hardship and extreme struggle to survive. But Bharat Jain, a man from Mumbai, has turned that definition on its head. Bharat Jain is known as the richest beggar in India, and possibly in the world, according the The Economic Times, he has created an unexpected fortune. He possesses property worth crores, he earns more money than many of India's well-educated professionals, his story is a shocking example of how things are not always what they appear. Bharat Jain battled extreme poverty, which restricted him from gaining a formal education. But he did not let those obstacles prevent him from having a future. With grit, he established not only a life for himself but a life of greater fortunes for his family. He got married and raised two sons, who both became educated. Now, he is estimated to have a net worth of ₹7.5 crore, with earnings sometimes exceeding ₹60,000 to ₹75,000 per month—which is often greater than what other professionals earn in most parts of India. Advertisement === Bharat Jain has made a few brilliant financial moves on top of his income from begging- he has two apartments in Mumbai that are valued at almost ₹1.4 crore, and his two shops in Thane contribute ₹30,000 in monthly rent. While most people would be astonished to see a wealthy person beg for money, Bharat Jain is often seen begging in high-traffic and busy locations, like Chhatrapati Shivaji Terminus and Azad Maidan in Mumbai. Bharat Jain lives in the Parel neighborhood, and his children have studied in a convent school. And he is also in the stationery business with his family, supplementing his household income. Bharat Jain is an outstanding example of resilience and determination. He migrated from a financially impoverished situation, to becoming wealthy and putting his family in a better place for meeting life's challenges. His life challenges our perspectives by demonstrating that perseverance will yield the possibility of greater opportunities- possibly for wealth. Advertisement ===
India.com
21-06-2025
- 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.
