A man in India has purportedly become a millionaire by begging on the streets, India Times reported.

He now has a net worth of 75 million rupees (S$1.2 million) and owns two apartments worth 7 million rupees in Mumbai (S$114,000).

Purchased two shops, lives in 1BHK duplex

Bharat Jain started begging on the streets of Mumbai as he could not receive a formal education due to poverty.

Bharat was able to earn 2,000 (S$32.56) to 2,500 (S$40.70) rupees by begging 10 to 12 hours a day and 60,000 (S$977) to 75,000 (S$1,221) rupees per month.

With that earnings, he was able to purchase two shops in Thane and collect 30,000 rupees (S$488.39) from rent per month.

He lives in a 1BHK duplex in Parel together with his wife, two sons, brother, and father.

A BHK -- an acronym for "Bedroom Hall Kitchen" -- is a regular flat configuration comprising of bedrooms, hall and kitchen.

Advised to stop begging

Unlike Bharat, his children were able to receive formal education and attend a convent school.

His family members also owned a stationary store, and Bharat was continually advised to stop begging.

Yet Bharat did not heed the advice and continued begging on the streets of Mumbai.

Bharat can still be seen begging at Chhatrapati Shivaji Terminus or Azad Maidan in the country's financial capital.

Top image via India Times and Timur Weber/Pexels.