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...visitors with made-up stories-perhaps the tallest of all will be the one you hear in Murchison Station House, a 200,000-hectare sheep farm in the Western Australian outback. There you will be told that everything you see once belonged to Mukarram Jah, the eighth Nizam of Hyderabad, and that it was all seized when he failed to pay his debts. You may be inclined to laugh when you hear this. How could Jah, the grandest of Indian kings, inheritor of possibly the world's greatest private fortune, end up on a sheep farm in Australia-and then...

Author: /time Magazine | Title: My Kingdom for a Sheep | 8/21/2006 | See Source »

...seven predecessors as Nizam were the rulers of Hyderabad, a kingdom in southern India. His grandfather, the seventh Nizam, was believed to be the world's richest man-in 1949 the New York Times estimated his fortune at more than $2 billion. Over seven generations, the jewelry-mad Nizams had built up an unparalleled collection of gems: their pearls alone, the Times reported, would "pave Broadway from Times Square to Columbus Circle." But the Nizams' obsession with stuffing their dank chambers with priceless diamonds and then forgetting all about them seems, in retrospect, like a symptom of a deep-rooted...

Author: /time Magazine | Title: My Kingdom for a Sheep | 8/21/2006 | See Source »

...when a 33-year-old, British-educated Mukarram Jah became the eighth Nizam after his grandfather's death, he was no longer a real king, but he was still dizzyingly rich-the master of numerous palaces, a fleet of Rolls-Royces and five trust funds. Muslims in Hyderabad revered Jah, whose maternal grandfather was the last Caliph of Islam in Turkey; the Indian government hoped he would become a diplomat. But the impetuous young man, still sulking over the end of his kingdom, was more interested in tinkering with cars. Then, in 1972, he discovered Australia. After his first glance...

Author: /time Magazine | Title: My Kingdom for a Sheep | 8/21/2006 | See Source »

...when what you had mattered more than what you didn't have. Hitesh Mathew Farnborough, England As an Indian from Bombay, I loved reading your stories on my home country. From Tarrytown, New York, to Tallahassee, Florida, people are thinking about India. They want to know where Chennai and Hyderabad are on the map. Colleagues in the Midwest are rushing to do a stint working in India, which has come to be seen as a rung on the corporate ladder. Unlike China, which gate-crashed into Western households with everything from kitchen knives to toilet-tissue holders, India has made...

Author: /time Magazine | Title: India Ascending | 7/18/2006 | See Source »

...chairman Mohammed Ali Alabbar, started taking its expertise on the road in 2002, achieving a market cap worth $20 billion. Currently, in addition to constructing Burj Dubai, touted as the world's tallest skyscraper, Alabbar is busy with undertakings from hotels in Miami to a convention center in Hyderabad, India. His eye-catching projects include the $26.6 billion construction of an entire new metropolis in the Saudi Arabian desert to be called King Abdullah Economic City and a global hotel and condo partnership with Italian designer Giorgio Armani...

Author: /time Magazine | Title: Beyond the Bazaar | 7/17/2006 | See Source »

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