Aga Khan, the 49th Imam of the Ismaili Muslims and a prominent businessman, died peacefully in Portugal, leaving a rich legacy in humanitarian work and horse racing.
Aga Khan, Billionaire Philanthropist and Spiritual Leader, Passes Away
Aga Khan, Billionaire Philanthropist and Spiritual Leader, Passes Away
The Aga Khan, a key figure in philanthropy and spiritual leadership, has died at the age of 88, as confirmed by his charitable organization.
Billionaire philanthropist and spiritual leader, Prince Karim Aga Khan, has passed away at the age of 88, a statement from the Aga Khan Development Network confirmed. Surrounded by family, the Prince died peacefully in Lisbon, Portugal. As the 49th hereditary imam of the Ismaili Muslims, he traced his lineage back to the Prophet Muhammad and was seen as a significant figure in the lives of millions.
Born in Switzerland, Aga Khan held British citizenship and resided in a luxurious chateau in France. His death has elicited heartfelt condolences from various leaders, including King Charles, who expressed his sorrow, recalling their friendship. The Aga Khan's philanthropic efforts spanned across many countries, highlighted by his establishment of hospitals, schools, and cultural projects primarily aimed at supporting communities in the developing world.
Known for his extravagant lifestyle, including owning a private island and a super-yacht, the Aga Khan directed his fortune, estimated at $1 billion in 2008, toward charitable endeavors. The Aga Khan Development Network extended its deepest condolences to the Aga Khan's family and the Ismaili community worldwide, reaffirming their commitment to continue his legacy of improving lives across all backgrounds.
His successor is expected to be one of his male descendants, with this information confirmed by the Aga Khan Development Network. The Ismaili community, a Shia Muslim sect, boasts around 15 million adherents globally. Aga Khan began his role as imam in 1957 at the young age of 20, following his grandfather.
The Aga Khan founded multiple charitable organizations, prominently including the Aga Khan Foundation, and played a significant role in architectural preservation efforts. Pakistan's Prime Minister Shehbaz Sharif honored him as a visionary, highlighting his contributions to healthcare and gender equality.
While his philanthropic work was remarkable, he was equally celebrated in the world of horse racing. The Aga Khan was a leading thoroughbred owner and breeder, producing the legendary racehorse Shergar. Despite its disappearance following a kidnapping in 1983, Shergar’s legacy remains strong, with the Aga Khan’s comments emphasizing the profound joy and privilege he felt in winning the prestigious Epsom Derby multiple times. His multifaceted legacy leaves an enduring impact on both humanitarian work and the equestrian world.
