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

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Wealthier than Mukesh Ambani

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

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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. 
 

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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. 
 

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Modernizing the city

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

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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.
 

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

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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.

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