Srimad-Bhagavatam: Canto 11 - Chapter 1 - Verse 6

Sanskrit:

अवन्तिषु द्विज: कश्चिदासीदाढ्यतम: श्रिया ।वार्तावृत्ति: कदर्यस्तु कामी लुब्धोऽतिकोपन: ॥ ६ ॥

ITRANS:

avantiṣu dvijaḥ kaścidāsīd āḍhyatamaḥ śriyāvārtā-vṛttiḥ kadaryas tukāmī lubdho ’ti-kopanaḥ

Translation:

In the country of Avantī there once lived a certain brāhmaṇa who was very rich and gifted with all opulences, and who was engaged in the occupation of commerce. But he was a miserly person — lusty, greedy and very prone to anger.

Purport:

According to Śrīla Śrīdhara Svāmī, the Avantī country is the district of Malwa. This brāhmaṇa was extremely wealthy, doing business in agriculture, banking and so on. Being a miser, he suffered agony when his hard-earned wealth was lost, as will be described by the Lord Himself.