Born as the eldest son of Azam Jah and Dürrüşehvar Sultan, he was named successor to the title of Nizam of Hyderabad by his grandfather Mir Osman Ali Khan.

Numerous divorce settlements and failed business ventures led to the loss of the majority of his fortune.

[4][5] Jah was educated in India at the Doon School in Dehradun and in England at Harrow and Peterhouse, Cambridge.

[6] Jah stayed at Teen Murti Bhavan in New Delhi for a while and briefly served as an honorary aide-de-camp of Jawaharlal Nehru.

In 1972, he visited Australia[9] and came across the Murchison House Station,[10] a pastoral property of 350,000 acres on the west coast, near Kalbarri.

[13] His two main palaces in Hyderabad, Chowmahalla and Falaknuma, have been restored and opened to the public, the former as a museum showcasing the era of the Nizams and the latter as a luxury hotel.

His remains were laid in state at the Chowmahalla Palace, where family members and government officials paid their respects.

[1][20] Jah left his Hyderabad palace for a sheep station in the Australian outback and divorced his wife, who did not want to move with him.

[27] By Esra Birgin, Mukarram Jah had one son and one daughter: By Helen Simmons, he had two sons: By Manolya Onur he had a daughter: By Jameela Boularous he had a daughter: His Exalted Highness Prince Rustam-i-Dauran, Arustu-i-Zaman, Wal Mamaluk, Asaf Jah VIII, Muzaffar ul-Mamalik, Nizam ul-Mulk, Nizam ud-Daula, Nawab Mir Barakat 'Ali Khan Siddiqi Bahadur, Sipah Salar, Fath Jang, Nizam of Hyderabad and Berar.