Aga Khan, billionaire philanthropist and spiritual leader, dies at 88
What's the story
Prince Karim Aga Khan, the billionaire philanthropist and spiritual leader of the Ismaili Muslims, has passed away at 88.
His death was announced by the Aga Khan Development Network (AKDN).
The prince was the 49th hereditary imam of the Ismaili Muslims and traced his lineage directly back to Prophet Muhammad.
He passed away peacefully in Lisbon, Portugal, surrounded by his family.
Lifestyle
Global philanthropic impact and personal lifestyle
The AKDN, led by Khan, ran hundreds of hospitals, schools, and cultural projects across the globe.
Despite his philanthropy, he was known for his opulent lifestyle. His assets included a private island in the Bahamas, a super-yacht, and a private jet.
The AKDN has offered condolences to his family and the global Ismaili community after his death. They have also promised to continue improving lives across the world as per his wishes.
Religious leadership
Influence on Ismaili Muslims and business ventures
Khan became the imam of the Ismaili Muslims at the age of 20 in 1957, succeeding his grandfather.
The Ismaili community he led has a global population of 15 million with large communities in Pakistan, India, Afghanistan, and Africa.
Forbes estimated his fortune at $1 billion in 2008, a wealth augmented by business interests like horse-breeding.
He was a leading owner and breeder of racehorses in the UK, France, and Ireland.
Educational initiatives
Contributions to education and cultural preservation
Khan established many charitable organizations, including the Aga Khan Foundation. He also contributed to education, such as a university in Karachi.
His cultural contributions included restoring Humayun's Tomb site in Delhi.
Pakistan's Prime Minister Shehbaz Sharif hailed him as "a man of vision, faith, and generosity."
Malala Yousafzai said "his legacy will continue to live on through the incredible work he led."
UN Secretary-General Antonio Guterres called him "a symbol of peace, tolerance and compassion."