India, June 14 -- India's First Billionaire -Mir Osman Ali Khan was kind of the seventh and also last Nizam of Hyderabad. He ruled from 1911 to 1948, and a lot of people think of him as one of the wealthiest individuals in modern history. People really revered his amazing fortune, but also noticed how he could be, unusually frugal, like in an everyday sort of way. He felt almost like a contradiction, you know imperial power on one side, and then personal simplicity on the other. He got global attention when TIME Magazine put him on the cover in 1937, where they basically called him the "richest man in the world." A big part of his money came from the prosperous Hyderabad State, and also from the famous Golconda diamond mines, so his treas...