The Extravagant and Frugal Life of Nizam Mir Osman Ali Khan, India’s First Billionaire

Nizam Mir Osman Ali Khan, the last Nizam of Hyderabad, is considered India’s first billionaire, with a staggering wealth of Rs 1910987 crore ($230 billion). His immense fortune stemmed from the Golconda Mines, a sole diamond supplier in India. Despite his wealth, Nizam Ali was known for his frugal habits, often serving biscuits to guests and cleaning his bedroom only once a year. This article explores the fascinating contrast of his lavish lifestyle and surprisingly thrifty nature.

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