Tributes Pour in as Aga Khan, Billionaire Philanthropist, Passes Away at 88

In a significant loss for both the philanthropic and Islamic communities, Prince Karim Aga Khan has passed away at 88, leaving behind a lasting legacy of humanitarian work and personal connections with global leaders.

Billionaire philanthropist and spiritual leader Aga Khan has died at the age of 88, as announced by his charity, the Aga Khan Development Network. His passing was reported to have occurred peacefully in Lisbon, Portugal, surrounded by family. Prince Karim Aga Khan was known as the 49th hereditary imam of the Ismaili community, a Muslim sect tracing its roots directly back to the Prophet Muhammad.

Born in Switzerland, he had British citizenship and resided in a chateau in France. The death of this esteemed philanthropist has reached King Charles III, who has expressed deep sadness over the loss of a personal friend spanning many years, and is currently in private communication with the Aga Khan's family.

The Aga Khan was renowned for his extensive philanthropy which spanned hundreds of hospitals and cultural projects, primarily in developing regions. His lifestyle included luxurious assets such as a private island and super-yacht, emphasizing a life intertwined with grandeur.

The Aga Khan Development Network released a heartfelt statement, offering condolences to his family and the Ismaili community at large. The organization stressed its ongoing commitment to improving lives globally, in accordance with the late leader’s vision for social betterment across religious and cultural divides.

With a global populace of approximately 15 million Ismailis—which includes sizable communities in Pakistan, India, Afghanistan, and Africa—his passing marks the end of an era of spiritual guidance and philanthropic endeavors. Succeeding his grandfather as imam at just 20 years old in 1957, the Aga Khan held considerable influence, with an estimated fortune of $1bn in 2008 according to Forbes. His ventures in horse breeding also made him a prominent figure in the racing world, notably breeding Shergar, the legendary racehorse.

Beyond his contributions in media and architecture, including the Aga Khan Award for Architecture and partnerships with renowned educational institutions, he has left indelible footprints in cultural and humanitarian fields.

Shergar’s remarkable victory in the 1981 Epsom Derby continues to resonate with him, as he fondly recalled the triumph decades later, illustrating his deep bond with the sport and memories of his beloved horse, kidnapped in 1983 and never recovered. The Aga Khan additionally celebrated multiple Derby wins throughout his career in horse racing and was revered for his insightful reflections on these experiences.

As tributes pour in from around the world, the legacy of the Aga Khan will undoubtedly continue to inspire future generations, securing his place as a pivotal figure in both philanthropy and the Islamic world.