Prince Karim Al Husseini Aga Khan Biography
Prince Shah Karim Al Hussaini Aga Khan (IV) was born on 13th December 1936, in Geneva, Switzerland of British Iranian descent. He is known as a business magnate, a breeder of horses as well as an owner of the racing owner of horses. Perhaps most importantly, the Aga Khan is the spiritual leader of Nizari Ismailism, the second largest branch of Islam. He has been in the above mentioned position after succeeding Sir Sultan Muhammad Shah Aga Khan III, his grandfather, on the 11th July 1957.
How much is Prince Karim Al Hussaini’s net worth? Estimations show that his current wealth is as much as $800 million. Initially the Aga Khan’s wealth came through inheritances from his family He is one of the ten richest royals worldwide according to estimations made by Forbes magazine, although he does not rule over any specific geographic territory. His assets include a private island in the Bahamas, other estates around the world, a high speed yacht apparently valued at $150 million, a yacht club in Sardinia, two Bombardier jets, stud farms, and hundreds of racehorses, among other assets.
Prince Karim Al Hussaini Net Worth $800 Million
The early education of the Prince was under the tutelage of a private teacher from Aligarh Muslim University. Later, he was sent to the most expensive boarding school in Europe, the Institut Le Rosey located in Switzerland. He then studied at Harvard University, from where he graduated with a Master’s degree in history. Being 20 years old, according to his grandfather’s will he became the 49th Imam of the Nizari Ismailis. In addition to this, he is the chairman and founder of the Aga Khan Development Network, which has added considerably to the overall size of Prince Karim Al Hussaini’s net worth. This network consists of more than 200 institutions and agencies, which are intended to improve living conditions in the Middle East, South Asia and African countries, but to indulge these interests, the Aga Khan has maintained his business interests and used the profits at least partly for these philanthropic projects.
Prince Karim Al Hussaini is a highly respected and honoured person. Since 1959, he has held the title of His Royal Highness the Aga Khan IV. He has received 27 honours from 21 different countries, and has also been awarded 21 honorary degrees by a number of universities from 11 different countries. In addition to this, he has received more than 60 awards among which are Honorary Citizen of Lahore, and presented with a key to the city of Lahore (1980); Thomas Jefferson Memorial Foundation Medal in Architecture, University of Virginia (1984); Hadrian Award, World Monuments Fund (1996); Honoured Educator of the Republic of Kazakhstan (2008); Philanthropic Entrepreneur of the Year, by Le Nouvel Economiste, Paris (2009); Foreign Member, Class of Humanities, by Lisbon Academy of Sciences (2009) and many others.
Concerning the personal life of Prince Karim Al Hussaini, he has been married twice. He married his first wife Salimah Aga Khan in 1969, and they have three children together, however, they divorced in 1995. In 1998, Prince Karim Al Hussaini married his second wife Inaara Aga Khan. Together they have one child, but divorced in 2011. Currently, Prince Karim resides in his Aiglemont estate, France.