Hyderabad Nizam Mir Osman Ali Khan is regarded as the first billionaire of independent India and his net worth was estimated at USD 230 billion i.e. Rs 17.47 lakh crores.
In 1911, Osman Ali Khan succeeded his father as the Nizam of Hyderabad and held the position for close to 40 years. Osman Ali Khan s net worth, after accounting for inflation, was reported to be above Rs 17.47 lakh crore ($230 billion). Khan s net worth is almost equal to Elon Musk s, who is now the richest person in the world with $286 billion.