HYDERABAD STATE NIAZM COIN MIR USMAN ALI KHAN INDIA

HYDERABAD STATE NIAZM COIN 2 PAI  MIR USMAN ALI KHAN

Osman Ali Khan, Asaf Jah VII

Asaf Jah VII (Osman Ali Khan Bahadur; April 6, 1886 – February 24, 1967), was the last Nizam (or ruler) of the Princely State of Hyderabad and of Berar, a state with majority of Hindu population. He ruled Hyderabad between 1911 and 1948, until it was invaded and annexed by India. He was styled His Exalted Highness The Nizam of Hyderabad.

During his days as Nizam, he was reputed to be the richest man in the world, having a fortune estimated at $2 billion in the early 1940s. ^[1] He was featured on the cover of TIME magazine, portrayed as such.^[2] In 1950, the newly independent Union government of India's treasury reported annual revenue of merely $1 billion. The Nizam is widely believed to have remained as the richest man in south Asia until his death in 1967 though his fortunes fell to $1 billion by then and became a subject of multiple legal disputes between bitterly fighting rival descendants. Adjusting for inflation, however, he today ranks as the 5th richest person in the history of the world, the wealthiest-ever Asian, the wealthiest-ever Indian and the second-wealthiest monarch in world history, with a fortune that at its high point was $225 billion (in 2008 US dollars).

He built the magnificent Hyderabad House in Delhi, now used for diplomatic meetings by the Government of India.