Here's all you need to know about Mir Osman Ali Khan, the seventh Nizam of Hyderabad. Mir Osman Ali Khan, the Nizam of Hyderabad, surpassed modern billionaires in wealth, with an estimated net worth exceeding $230 billion. He ruled from 1911 to 1948, amassing riches from the Golconda mines and indulging in luxury. Learn about the incredible story of Mir Osman Ali Khan, who was the richest man in the world in 1937 and the ruler of Hyderabad. Discover how he lived a simple life, owned famous diamonds, and gifted Queen Elizabeth II a necklace. Mir Osman Ali Khan Siddiqi Bayafandi Asaf Jah VII wanted a new warm blanket. He instructed his servant to buy it for him, adding that he should not spend more than 25 rupees, or about 30 cents today. The servant returned empty-handed. The new blanket cost 35 rupees or about 45 cents. Osman Ali Khan continued to cover himself at night with the old blanket. At the same time, he weighted the paper with a 185-carat diamond worth 50 million pounds. The last Nizam or ruler of Hyderabad, who in ...

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