Nizam, was elected club chairman in 1960 and naturally since liberation, all the chairmen have been Bangladeshis.

CNN: From Our Correspondent: On a Magical Hill

When he was deposed in 1948, the last Nizam was adjudged the richest man in the world.

FORBES: Taj Falaknuma Palace: A New Experience of Palatial Splendor

It includes glittering hi-tech areas and the 400-year-old historic Charminar district set up by the city's former rulers, the Nizam.

BBC: Working Lives India

The diamond was once owned by the Nizam of Hyderabad, who was proclaimed the richest man in the world by Time magazine in 1937.

BBC: Princie Diamond: Rare Indian gem sells for $39m

But then, the reigning nizam had an entire vast room filled with precious gems, enough pearls to swamp a swimming pool, and truckloads of gold.

FORBES: Photograph: Andre Fanthome (RAAS)

Also Monday, prosecutor Naimatullah Randhawa said a court has acquitted Zardari "due to lack of evidence" in the murder of Nizam Din and his son.

NPR: Pakistan's New Parliament Elects Prime Minister

The last nizam decamped several decades later, after independence abolished the princely states and tax liens, and family feuds, embezzlement, and general ineptitude evaporated the fortune.

FORBES: Photograph: Andre Fanthome (RAAS)

Among her most riveting achievements: the Jade Room, the seventh nizam's preferred place for afternoon tea, with its geometric parquet floor and matching painted ceiling, Deco furniture, and priceless jade artifacts.

FORBES: Escapes

Room after room of massive Venetian and Belgian chandeliers, French tapestries, brocades, Louis XIV furniture, carved teak panels, frescoes, and murals has been restored to its original glory under the exacting supervision of Princess Esra, the ex-wife of the current nizam.

FORBES: Escapes