From rags to riches: 'World's richest beggar' amasses $1 million on the streets

WASHINGTON (TND) — A man in India is being called the "world's richest beggar" after accruing millions of dollars on the streets of Mumbai, according to the Indian Times.

Bharat Jain was born into a lower-class family and was unable to pursue a formal education, the Financial Express reported. Not being able to find a stable job pushed him onto the streets where he made his money.

Jain now has a net worth of Rs 7.5 crores, $1 million U.S. dollars, which allows his family to prosper.

In fact, according to Indian Times, he makes roughly $728 per month begging which allows him to own a two-bedroom flat and rent out two of his shops for around $364 per month.

Jain still begs at prime locations around the city such asChhatrapati Shivaji Terminus or Azad Maidan, the Financial Express said. While relying on the generosity of strangers for 10 to 12 hours he can collect $30 per day.

His unconventional way of making money has provided his kids with an education at a convent school and allows other family members to operate a stationary store.

There are reports that his family continues to ask him to stop begging but he ignores them and continues on with his "work."