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Meet Mir Osman Ali Khan, the richest man in Indian history
During India’s independence, the country was divided into 565 indigenous monarchies. These monarchies joined the Indian Federation, but Bhopal, Hyderabad, Junagadh and Kashmir did not agree. Junagadh merged with Pakistan, Kashmir chose to remain independent, and Bhopal later joined the Indian Federation. Among these states, Hyderabad was certainly one of the richest, and interestingly enough, its size was as huge as Italy.and the The last Nawab to rule Hyderabad was Nizam Osman Ali Khan.
Also read: India named 5th largest economy in the world by IMF for its rich culture, food and language
Photo courtesy – Wikimedia Commons
He was born on April 6, 1886 and died on February 24, 1967. This state was incorporated into the Indian Federation in 1948, and before that he was India’s richest man.
How much wealth is too much wealth!
According to a report in the British newspaper The Independent, Osman Ali Khan’s wealth from his birth in 1886 to 1967 was almost $236 billion after adjusting for inflation. Elon Musk is currently the richest person on the planet with his net worth of $286 billion. Hyderabad’s last Nawab’s net worth was very close to that of Elon Musk.
Jeff Bezos ranked first on Forbes’ 2018 list of the world’s richest people with a net worth of $112 billion, while Mukesh Ambani was ranked 19th with an estimated net worth of $49 billion. Clearly, that means Osman Khan could have been the richest person in the world in 2018.
Read also: India’s Gautam Adani overtakes Louis Vuitton CEO to become world’s third richest man
Osman Ali Khan was awarded the title of Knight Grand Commander of the Star of India in 1911. And in 1917 he was awarded the title of Knight Grand Cross of the British Empire. He also acquired the Royal Victoria Chain in 1946. Some reports say he owned about 50 Rolls-Royces.
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