The Nizam of Hyderabad: India’s first billionaire from the early 1900s

Lifestyle News Image credits: wikipedia

Wealthier than Mukesh Ambani

India’s first billionaire was wealthier than Mukesh Ambani and Gautam Adani. He had a massive fortune under his reign. Image credits: Getty

Mir Osman Ali

Mir Osman Ali, the Nizam of Hyderabad, is recognized as the first billionaire of India. He assumed the title in 1911 and inherited immense wealth. Image credits: Getty

A wealth of 2 billion USD

Mir Osman Ali can be considered as India’s Elon Musk who had a wealth of 2 billion USD. Image credits: wikipedia

Modernizing the city

Mir Osman Ali played a pivotal role in modernizing the city. India’s first airport was established in Hyderabad. Image credits: wikipedia

Aziz Jacob diamond

Mir Osman Ali possessed Aziz Jacob diamond, a remarkable 283-carat gem worth Rs 130 crore. The rumours suggest that he gifted this diamond to Queen Elizabeth II. Image credits: Getty

Mir Osman Ali owned an impressive fleet of over 50 Rolls Royce cars.

The Falaknuma Palace

The Falaknuma Palace in Hyderabad was the residence of the Nizam. Today, it has been transformed into one of the luxurious hotels of the country. Image credits: our own Find Next One