If you are asked who is the richest person in India, your answer will probably be Birla, Tata, or Ambani. This industrialist in India is the number of wealthy people whose houses and families are told mainly by the media to us. But apart from these, India also has some rich people you probably do not know. However, it isn’t all that surprising to know that the wealthiest Indians ever, i.e., net worth adjusted for inflation, could very well be the erstwhile kings of the land that ruled parts of India before independence from colonial rule made the nation a democracy. But also someone who is the richest of these.
Richest Person In India
The name of that person of Mir Osman Ali Khan. The Nizam, the Nizam who ruled Hyderabad for 37 years from 1911 to 1948. But the question is, how rich was he and what would he be worth today, adjusted for inflation over the past several decades. So let’s try to find the answer. Before the princely state, the last Nizam of Hyderabad was ushered into the Indian democratic fold in 1948, and Mir Osman Ali Khan was a wealthy man beyond imagination. He succeeded his father as the Nizam of Hyderabad in 1911 and remained at the helm for almost four decades.
From last year’s latest estimates, after adjusting for inflation, Mir Osman Ali Khan’s net worth would be over Rs 17.47 lakh ($230 billion or Rs 1,74,79,55,15,00,000.00). It makes the net worth of Tesla and SpaceX founder Elon Musk. Currently, they are the world’s richest person, close to $250 billion.
It is said that he was so rich that he used diamonds instead of paperweights. The information also said that he gifted diamond jewellery to the British Princess Elizabeth at her wedding. He was always famous for giving expensive gifts. Despite being a rich man, he was never proud. He donated to prominent universities like Jamia Nizamia, Banaras Hindu University, Aligarh Muslim University, and Darul Uloom Deoband. In addition, He developed his state by building electricity, railways, roads, and air routes.