Finance lessons from one of Mumbai’s richest beggars

Updated On: 22 May, 2024 06:48 AM IST | Mumbai | Samiullah Khan

A murder probe reveals how Malad beggar Shantabai Kurade, 69, amassed staggering wealth over three decades, sending at least Rs 25,000 to her dependant grandchildren in Washim every month

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Shantabai Kurade hailed from Manora taluka in Washim district

Shantabai Kurade, 69, who had spent 35 years begging on the streets of Mumbai, was found murdered in her rented house in Vitthal Nagar at Chincholi Bunder in Malad West last week. According to police sources, after the death of her husband, she not only managed to marry off her only daughter but also regularly sent her family in Washim district Rs 25,000 to Rs 30,000 every month, enabling them to build a house and buy a three-acre piece of land worth crores. Today, her two grandchildren earn in lakhs thanks to the plot.

The Durga Mata Mandir near Dalmia College in Malad, one of the spots where Shantabai Kurade used to beg for alms. Pic/Shadab Khan