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New Delhi: When we talk about super rich Indians, we naturally think of Tatas, Birlas, Ambanis or Adanis but many of us may not know that none of these are Mir Osman Ali Khan Who was the richest man in India. – Possibly the country’s first billionaire if his net worth is adjusted to current inflation at the time.
Yes this is true. Mir Osman Ali Khan, known as the architect of Hyderabad, was the last Nizam (or ruler) of Hyderabad. Before the princely state of Hyderabad was incorporated into the Union of India in 1948, the Nizam was the richest man in India.
At that time, of all the princely states that agreed to be part of the Union of India – Hyderabad, Junagadh and Jammu and Kashmir – Hyderabad was a fairly prosperous and prosperous state.
ascension to the throne
‘Nizam Mir Osman Ali Khan’ ascended the throne after his father’s death in 1911 and ruled Hyderabad for 37 years from 1911 to 1948. As per reports, the net worth of Mir Osman Ali Khan was estimated to be over Rs 17.47 lakh crore (USD 230 billion). ) after adjusting for inflation. Nizam’s wealth is estimated to be close to the net worth of Tesla founder Elon Musk, who is currently the world’s richest person with USD 286 billion.
interesting fact
Let us know some interesting facts about the last Nizam of Hyderabad.
It is said that Nizam had about 50 Rolls Royce.
He was one of the seven Nizams who ruled Hyderabad until the princely state was annexed by the Union of India.
The Nizam had a huge gold hoard worth over USD 100 million and a jewelery collection worth USD 400 million.
He also owned the famous Jacob Diamond, which is worth US$95 million today, which he used as a paperweight.
The Nizam is also called the architect of Hyderabad as many public buildings including the Hyderabad High Court, the Central Library, the Assembly Hall, the State Museum and the Nizamia Observatory were built during his time.
In 1911, he was awarded the title of Knight Grand Commander of the Star of India.
He was considered very loyal to the British Empire and was decorated with the title of Knight Grand Cross of the British Empire in 1917.
Nizam was awarded the Royal Victoria Chain in 1946.
The Nizam’s income began to decline after the merger of Hyderabad with the Union of India. Mir Osman Ali Khan HE was also a liberal ruler who made primary education compulsory for all citizens. The Nizam is said to have designed India’s first airport in Hyderabad. Osman Ali Khan died in 1967 at the age of 80.
