Lifestyle News
India’s first billionaire was wealthier than Mukesh Ambani and Gautam Adani. He had a massive fortune under his reign.
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.
Mir Osman Ali can be considered as India’s Elon Musk who had a wealth of 2 billion USD.
Mir Osman Ali played a pivotal role in modernizing the city. India’s first airport was established in Hyderabad.
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.
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.