High Quality Content by WIKIPEDIA articles! Asaf Jah VII , was the last Nizam (or ruler) of the Princely State of Hyderabad and of Berar. He ruled Hyderabad between 1911 and 1948, until it was merged into 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 US$2 billion in the early 1940s. He was featured on the cover of TIME magazine, portrayed as such. In 1950, the treasury...
High Quality Content by WIKIPEDIA articles! Asaf Jah VII , was the last Nizam (or ruler) of the Princely State of Hyderabad and of Berar. He ruled Hyderabad between 1911 and 1948, until it was merged into 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 US$2 billion in the early 1940s. He was featured on the cover of TIME magazine, portrayed as such. In 1950, the treasury of the newly independent Union government of India reported annual revenue of US$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 US$1 billion by then and became a subject of multiple legal disputes between bitterly fighting rival descendants. Adjusting for inflation, his fortune may be valued around $225 billion in 2008 U.S. Dollars.
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