Nizam of Hyderabad, is Fifth on Forbes ‘All Time Wealthiest’ list of 2008 with Net Worth: 210.8 Billion USD. Bill Gates is twentieth, Net Worth: 101.0 Billion USD. This is a list of historical figures who lived during the Industrial age, Information Age, Middle Ages, Ancient world and is solely based on net worth accumulated by inheritance or personal earnings. The estimated net worth of these people is calculated into inflation-adjusted 2007 dollars, from when historical figures were at the peak of their net worth
Last Nizam of Princely State of Hyderabad and Berar, Fath Jang Nawab Mir Osman Ali Khan Asaf Jah VII, was The Richest Man in the 1940s, having a fortune estimated at $2 billion. He ruled Hyderabad between 1911 and 1948 until it was made part of India as a result of Operation Polo launched by the Indian Government.
Nizam of Hyderabad even featured on the cover of TIME magazine. While rulers of other big states like Kashmir, Jodhpur Bikaner, Indore, and Bhopal were given the title of “His Excellency” (H.E.), the Nizam of Hyderabad alone had the title of “His Exalted Highness” (H.E.H.)