TRUE STORY :: The Richest Indian Ever

in #writing7 years ago

Hii Fellow steemians today I will write a story about the Richest Indian Ever

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The legend was so wealthy that he tried to buy Goa from Portuguese, he could not fill his collection of diamonds and pearls, but many Olympic-sized swimming pools In 1940, it was two percent of the entire economy of the United States, it is the story of 7 Nizam of Hyderabad. Usman Ali Khan, Asaf Jah VII, or better said, 'The richest Indian documents are present in history'.

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Born on April 6, 1886, Usman Ali Khan grew up to become the 7th and the last Nizam of Hyderabad. He will always be remembered for the horrific amount of money collected during his reign of 1911-19 48. He appeared on the cover of Time Magazine in 1937, on which 'Earth became the richest man'. Time Magazine also said that he had his own mint, his currency printing, 'Hyderabadi Rupee', he also used Jacob Diamond, the fifth largest in the world, worth 100 million pounds in his paperweight.

Reported Time Magazine on February 22, 1937 -

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"The biggest news to be heard on the richest man was to shout loudly how his elevation was with his pannies - while his $ 5,000 is his daily income, the estimated value of his gem is $ 150,000,000, down from $ 250,000,000 in gold bars The salt is made and its capital was $ 1.44 billion, not the Golconda's mine "Mention of the mines, cash silver anniversary gifts to the Nizam of Hyderabad This week at least 1,000,000 expect the dollar. "

Report many scattered sources on the Internet, may his net worth nearly 230 billion dollars, but their dedicated Wikipedia page of the 1 9 40s (1 9 33.8 billion in the '40s) or 2 percent of the US economy Told the net value. In 1940, the treasury of the new independent central government of India reported annual income of $ 1 billion. Under his rule, he preserved education, science and development. They also introduced electricity, railways, roads and airways. His collection of gems was approximately 500 million US dollars. His palace had 6,000 employees and 38 people started cleaning the chandelier alone.

Usman Ali had at least 34 children and had a shocking 104 grandchildren. By the 1990s, more than 400 people showed up for their huge wealth as contenders. The Indian government finally captured Hyderabad State in 1948 and the Nizam signed his grandfather Prince Mukram Jah on his wealth. While all funds regime were seized by the Government of India, the Nizam on the transfer of 1 million pounds in Ntvest Bank in London in the name of his grandson, Mukarram Jay. The British government converted that huge amount into a war bond and ultimately converted it into a fixed income deposit, forever. Where Mukarram lives the ruins life, because they have never taken their inheritance.



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interesting post!

This nizam guys Look cool nice information lel I wan't to see his jewelry in an olympic pool

Hi friend. You are good at telling stories. Thank you and good luck!

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