LISBON: Billionaire philanthropist and Ismaili Muslim leader Aga Khan has died at 88, his charity announced.
He passed away peacefully in Lisbon, Portugal, surrounded by family.
The Aga Khan Development Network (AKDN) confirmed the news on social media.
Born in Switzerland, he had British citizenship and resided in France.
King Charles Mourns
King Charles is deeply saddened by the death.
He was a friend of both Charles and the late Queen Elizabeth II.
The King is privately in contact with the Aga Khan’s family.
The philanthropist was known for his charitable efforts worldwide.
Lifelong Commitment to Charity
The Aga Khan’s charities managed hospitals, schools, and cultural projects globally.
His foundation focused on improving lives, regardless of religious or ethnic backgrounds.
He founded the Aga Khan Foundation and various educational institutions.
Projects included restoring Humayun’s Tomb and creating the Aga Khan Award for Architecture.
Aga Khan’s Wealth
The Aga Khan enjoyed a luxurious lifestyle, owning a private island and super-yacht.
In 2008, Forbes estimated his fortune at $1 billion.
His wealth came from inheritance and business ventures, including horse breeding.
Despite his wealth, he remained committed to philanthropy.
Aga Khan’s Leadership of Ismaili Muslims
The Aga Khan was the 49th hereditary imam of the Ismaili Muslims.
Ismailis are a Shia sect with approximately 15 million followers worldwide.
Pakistan has around 500,000 Ismailis, with others in India and Africa.
His successor, a male descendant, will be named soon.
World Leaders Pay Tribute
Pakistan’s Prime Minister called him a visionary leader and philanthropist.
Malala Yousafzai praised his contributions to education and healthcare.
UN Secretary-General Antonio Guterres described him as a symbol of peace.
His humanitarian efforts will have a lasting impact.
Aga Khan’s Legacy in Horse Racing
He was a top racehorse breeder in Europe.
His horse Shergar won the Epsom Derby in 1981.
He won the Derby four more times with different horses.
