LISBON, Portugal – His Highness Prince Karim Al-Hussaini, Aga Khan IV, the spiritual leader of the Shia Ismaili Muslim community and a prominent global philanthropist, has passed away at the age of 88.
The Aga Khan Development Network (AKDN) confirmed that he died peacefully in Lisbon on February 4, surrounded by family.
A direct descendant of the Prophet Muhammad, Prince Karim Aga Khan inherited the role of the 49th hereditary Imam of the Ismaili Muslims in 1957 at just 20 years old.
Over his nearly seven-decade leadership, he built an extensive global network of charitable, educational, and investment initiatives spanning over 30 countries, including Kenya.
His development efforts have been instrumental in health, education, and economic progress, particularly in Africa and South Asia.
“The leaders and staff of the Aga Khan Development Network offer our condolences to the family of His Highness and to the Ismaili community worldwide,” read a statement from the AKDN.
His Highness Prince Karim Al-Hussaini, Aga Khan IV, 49th hereditary Imam of the Shia Ismaili Muslims and direct descendant of the Prophet Muhammad (peace be upon him), passed away peacefully in Lisbon on 4 February 2025, aged 88, surrounded by his family. Prince Karim Aga Khan…
A Legacy of Development and Philanthropy
As the founder and chairman of the AKDN, Prince Karim oversaw a vast network of organizations focused on health, education, culture, and economic development.
In Kenya, his contributions include the Aga Khan University, the Aga Khan Hospitals, and a significant stake in Nation Media Group.
Other notable investments under his network include Diamond Trust Bank (DTB) and Jubilee Insurance.
Beyond Kenya, the AKDN has played a transformative role in infrastructure, disaster relief, and rural development across multiple continents.
“As we honour the legacy of our founder, Prince Karim Aga Khan, we continue to work with our partners to improve the quality of life for individuals and communities across the world, as he wished, irrespective of their religious affiliations or origins,” the statement added.
An International Figure with Diverse Interests
The Aga Khan was not only a religious leader and philanthropist but also a savvy businessman and investor.
His wealth, estimated to be between $800 million and $13 billion, stemmed from a mix of investments in tourism, real estate, and a well-regarded horse-breeding empire.
Holding British, French, Swiss, and Portuguese citizenships, he epitomized an international magnate with a penchant for luxury, owning yachts and private jets.
Despite his wealth, he remained committed to improving the lives of millions through his humanitarian and development initiatives.
Connection to Kenya
Kenya held a special place in his leadership, with numerous visits over the years, including a state-invited visit in April 2018 to celebrate his Diamond Jubilee—marking 60 years as the Ismaili Imam.
His impact on the country’s healthcare, education, and media landscape remains significant.
With his passing, the Ismaili community and global development sector mourn the loss of a leader whose vision shaped countless lives.
His successor is expected to be announced in due course, continuing the mission he championed for decades.
