Built an empire worth crores by begging, beggar has 11 luxury cars and two luxurious bungalows, know what is the truth?

Mumbai According to recent reports and viral claims on social media, Bharat Jain is being described as the ‘world’s richest beggar’. Social media and some news reports are claiming that Bharat Jain has unlimited wealth behind his seemingly ordinary life as a beggar. Bharat Jain has two shops in Thane from which he gets rent of about thirty thousand rupees every month. There is talk of cash worth Rs 460 crore allegedly recovered from him. Apart from this he has eight villas,
It is claimed to have ten luxury flats, 11 luxury cars and two luxurious bungalows.

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‘Army’ of beggars and networking:

It is being claimed that Bharat Jain is not an ordinary beggar but runs a big network. He has prepared a team of about 18 thousand beggars. His earnings from this network are reportedly around Rs 7 crore per month, out of which Bharat Jain takes 20 percent as commission.

Lifestyle and Family:

Bharat Jain begs in key areas of Mumbai like Chhatrapati Shivaji Maharaj Terminus (CSMT) and Azad Maidan. His daily earning is between Rs 2,000 to Rs 3,000, which reaches Rs 60,000 to Rs 75,000 per month. She has educated her children in prestigious convent schools and now her family also runs a stationery shop.

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Truthfulness of the news:

Although many viral posts have talked about Rs 460 crore and a villa, according to reliable news sources, Bharat Jain’s total net worth has been estimated to be around Rs 7.5 crore. The claims of Rs 460 crore in cash and 11 cars have become more of a sensation on social media and are yet to be officially confirmed.

Report- Sushil Kumar Sah