Close Menu
    Trending
    • Former UK Prime Minister Returns To Goldman
    • Democrats and the Media Are Trying to Get ICE Agents Killed With Unmasking Demands | The Gateway Pundit
    • Kim Kardashian Hilariously Mocked For Balenciaga Runway Walk
    • Who is Tammy Duckworth, the US senator who excoriated Donald Trump’s ambassador nominee to Singapore?
    • Armenia, Azerbaijan leaders meet for peace talks in UAE | Conflict News
    • Why Devin Booker extension could hinder Suns’ ability to rebuild
    • Amazon Prime Day Data, Biggest Online Sales Day of Year
    • Bulgaria Adopts The Euro And Abandons Economic Sovereignty
    The Daily FuseThe Daily Fuse
    • Home
    • Latest News
    • Politics
    • World News
    • Tech News
    • Business
    • Sports
    • More
      • World Economy
      • Entertaiment
      • Finance
      • Opinions
      • Trending News
    The Daily FuseThe Daily Fuse
    Home»World News»The Aga Khan IV, Wealthy Leader of the Ismaili Muslims, Dies at 88
    World News

    The Aga Khan IV, Wealthy Leader of the Ismaili Muslims, Dies at 88

    The Daily FuseBy The Daily FuseFebruary 4, 2025No Comments8 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    The Aga Khan IV, Wealthy Leader of the Ismaili Muslims, Dies at 88
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The Aga Khan IV, who because the chief of the world’s Ismaili Muslims fused entrepreneurship and philanthropy in turning into one of many world’s wealthiest hereditary rulers, died on Tuesday in Lisbon. He was 88.

    His demise was confirmed by his Aga Khan Improvement Community in a put up on X, the social media website. No trigger was given.

    Urbane, cosmopolitan and infrequently media-averse, the Aga Khan — born Prince Karim Al-Hussaini — rejected the notion that increasing his private fortune would battle along with his charitable ventures. He stated his means to prosper complemented his obligation to reinforce the lives of Ismaili Muslims, a department of the Shiite custom of Islam with a following of 15 million folks in 35 nations.

    An imam, or chief of his religion, was “not anticipated to withdraw from on a regular basis life,” he as soon as stated after turning into the Aga Khan. “Quite the opposite, he’s anticipated to guard his neighborhood and contribute to their high quality of life. Due to this fact, the notion of the divide between religion and world is international to Islam.”

    His initiatives included creating the island of Sardinia’s ritzy Costa Smeralda resort space, breeding thoroughbred racehorses and establishing well being initiatives for the poor within the creating world.

    He took concern with descriptions of his life-style as lavish, although he traveled on his personal non-public jets and a luxurious yacht, owned a non-public Caribbean island and shuttled amongst quite a lot of residences, together with Aiglemont, a sprawling property north of Paris that turned the headquarters of his growth community and a coaching heart for his horses.

    “The function and duty of an imam,” he stated in a speech in 2006, “is each to interpret the religion to the neighborhood and likewise to do all inside his means to enhance the standard, and safety, of their every day lives.”

    Though he had no inherited realm within the method of different hereditary rulers, the Aga Khan’s fortune was variously estimated at $1 billion to $13 billion, drawn from investments, joint ventures and personal holdings in luxurious resorts, airways, racehorses and newspapers, in addition to from a sort of Quranic tithe levied on his followers.

    Unusually, the Aga Khan — usually translated as a mix of Turkish and Persian which means commanding chief — inherited his title from his grandfather the Aga Khan III, who bypassed his different descendants to call his grandson as his successor. Along with his assumption of the management as forty ninth imam of Ismaili Muslims, the Aga Khan IV took the reins of a Shia Muslim lineage that claimed descent from the Prophet Muhammad and imposed what he stated had been clear tasks on him.

    On the time, he was a 20-year-old pupil of Islamic historical past at Harvard. In 1957, Queen Elizabeth II of Britain conferred on him the nonhereditary title of His Highness, a mirrored image of the shut ties between the 2 dynasties, bonded in a shared fascination with high-quality horses.

    In his will, his grandfather Sultan Mohamed Shah stated he had chosen to skip a era partly as a result of the “basically altered circumstances on the planet” — together with advances in atomic science — required a “younger man who has been introduced up and developed throughout latest years and within the midst of the brand new age, and who brings a brand new outlook on life to his workplace.”

    Certainly, the Aga Khan IV confronted a number of modern-day crises afflicting his followers, who’re concentrated in Central Asia, Afghanistan, Pakistan, Iran and East Africa. A lot of them confronted upheavals, just like the 1972 determination by the Ugandan dictator Idi Amin to expel Asians and the turmoil in Tajikistan following the collapse of the Soviet Union.

    The Aga Khan was lengthy referred to as a well-connected individual. As such, he was in a position to persuade Prime Minister Pierre Elliot Trudeau of Canada, whom he had met within the Sixties, to allow hundreds of Ismaili Muslims to to migrate to Canada after they had been compelled to go away Uganda.

    His friendship with Mr. Trudeau mirrored an ambiguous relationship with Canada, the place he turned an honorary citizen in 2010. In 2017, Mr. Trudeau’s son, Prime Minister Justin Trudeau, drew censure from Canada’s ethics commissioner after he and his household accepted the Aga Khan’s hospitality with an unannounced trip on the prince’s non-public residence within the Bahamas.

    The journey was deemed to characterize a battle of curiosity as a result of the Aga Khan Foundation had not too long ago acquired $38 million price of federal assist from the Canadian authorities. For his half, the Aga Khan was formally exonerated.

    Following the collapse of the Soviet Union, the Aga Khan’s followers within the mountainous Pamir area of Tajikistan had been amongst these embroiled in a ruinous civil struggle within the Nineteen Nineties towards the federal government led by Emomali Rahmon. In response, the Aga Khan accelerated investments in energy era and a cellphone firm in Tajikistan and later constructed well being care, microfinance and different amenities in addition to the College of Central Asia in Khorog.

    However the Aga Khan’s revered standing amongst Ismaili Muslims, residing primarily in Tajikistan’s Gorno-Badakhshan Autonomous Province, reportedly stirred resentments and resistance among the many nation’s secular leaders, who sought to dam demonstrations of assist for the Aga Khan.

    Prince Karim Al-Hussaini was born in Geneva on Dec. 13, 1936. He was the eldest son of the famous playboy Prince Aly Khan and his first spouse, Joan (Yarde-Buller) Khan, a descendant of British aristocracy. His youthful brother, Amyn Aga Khan, was born the next yr. In 1949, their mother and father divorced, and Prince Aly went on to marry the American actress Rita Hayworth, with whom he had a daughter, Princess Yasmin Aga Khan.

    Recognized in his youth as Prince Karim, the Aga Khan grew up in Nairobi, Kenya, earlier than education on the unique Institut Le Rosey in Geneva. In his late 20s, he competed for pre-revolutionary Iran in snowboarding on the 1964 Olympics in Innsbruck, Austria.

    He went on to Harvard, the place he was finding out Islamic historical past when he turned Aga Khan IV on the demise of his grandfather.

    “It was a shock,” he stated in an interview in 2013 with Vanity Fair journal, “however I don’t assume anybody in my scenario would have been ready.”

    His new standing, he stated, meant that the course of his life was henceforth set on immutable coordinates. “I used to be an undergraduate who knew what his work for the remainder of his life was going to be,” he stated.

    A few of his followers ascribed divine standing to him, however he rejected such notions of godliness.

    In 1969, he married Sally Croker Poole, a British mannequin and former debutante who turned Salima Aga Khan. The couple had three kids, Princess Zahra, Prince Rahim and Prince Hussain, earlier than they divorced in 1995. All three siblings went on to work within the Aga Khan’s organizations.

    Three years later, the Aga Khan married Gabriele (Thyssen) zu Leiningen of Germany, who turned Inaara Aga Khan. That they had a son, Prince Aly Muhammad. The couple broke up just a few years later and spent a decade negotiating a divorce settlement stated to be price about $60 million when adjusted for inflation.

    He’s survived by his kids; his brother, Prince Amyn Muhammad; his half sister, Princess Yasmin; and 4 grandchildren.

    Over time, the Aga Khan’s enterprise ventures had been eclectic. He was a primary mover within the Sixties in constructing the resort of Porto Cervo, full with a yacht membership and polo tournaments, as a part of the event of Sardinia’s northern Costa Smeralda as a playground for the superrich. He confirmed a liking for Maserati sports activities vehicles, however he additionally invested within the creating world in fundamental industries that made fishnets, plastic luggage and matches.

    In Uganda, following the overthrow of Idi Amin and the later rise of Yoweri Museveni, he joined non-public fairness giants just like the Blackstone Group in a $750 million hydroelectric scheme.

    In 1960, Prince Aly, the Aga Khan’s father, died in a automotive crash at Suresnes, outdoors Paris, and his kids inherited his profitable equestrian empire, which included 9 farms in Eire and France. “The three of us discovered ourselves with this household custom none of us knew the very first thing about,” he advised Self-importance Honest in 2013.

    Since then, the Aga Khan had owned, skilled and bred many champion horses. In France, his filly Valyra received the distinguished Prix de Diane in 2012, to ascertain a brand new homeowners’ file of seven wins. Within the Eighties, his stallion Shergar was kidnapped in Eire and by no means seen once more. (He refused to pay a ransom demand.)

    “I’ve come to find it irresistible — it’s so thrilling, a continuing problem,” he as soon as stated of the equestrian enterprise. “Each time you sit down and breed, you’re enjoying a sport of chess with nature.”



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    The Daily Fuse
    • Website

    Related Posts

    Post Office scandal compensation: how many have received payments?

    July 9, 2025

    Post office inquiry: What happens next?

    July 9, 2025

    Map: 5.6-Magnitude Earthquake Strikes Guatemala

    July 9, 2025

    Post office inquiry: Key points from the report

    July 8, 2025
    Add A Comment
    Leave A Reply Cancel Reply

    Top Posts

    Trump’s 10 percent tariff takes effect, raising fears of global trade war | Donald Trump News

    April 5, 2025

    Sydney Sweeney’s Flirty Threesome With MGK And Patrick Schwarzenegger

    May 4, 2025

    NEW: Wife of Deported Salvadoran MS-13 Member Kilmar Abrego Garcia Petitioned for Protection Order Against Him in 2021 – Now Wife Makes Strange Appeal for His Freedom in Press Conference (VIDEO) | The Gateway Pundit

    April 16, 2025

    Rare earths: China’s trump card in trade war with US

    June 11, 2025

    How Brands and Consumers Can Build a Privacy-First Digital Future

    February 7, 2025
    Categories
    • Business
    • Entertainment News
    • Finance
    • Latest News
    • Opinions
    • Politics
    • Sports
    • Tech News
    • Trending News
    • World Economy
    • World News
    • Privacy Policy
    • Disclaimer
    • Terms and Conditions
    • About us
    • Contact us
    Copyright © 2024 Thedailyfuse.comAll Rights Reserved.

    Type above and press Enter to search. Press Esc to cancel.