Aga Khan IV, Prince Shah Karim Al Hussaini, the spiritual leader of Nizari Ismaili Muslims worldwide, is dead. He passed away in Lisbon at the age of 88, his development network said on Tuesday. “His Highness Prince Karim Al-Hussaini,

At the age of 20, Prince Karim Al-Hussaini inherited the reins of a Shia Muslim lineage and used his entrepreneurship to become one of the world’s richest hereditary rulers.

Aga Khan, the spiritual leader of the world's 15 million Ismaili Muslims, has died at the age of 88. In a statement, it was announced that the 49th hereditary Imam, Mawlana Shah Karim Al-Hussaini, passed away surrounded by his family in Lisbon, Portugal on Tuesday.

Hussaini, the Aga Khan — the title given to the imam of the Nizari Ismailis, a branch of Shia Islam — died February 4 in Lisbon at the age of 88. He led a major development aid foundation.

Hussaini who, at 20, became the 49th hereditary Imam or spiritual leader of Shia Ismaili Muslims, and led the community with a blend of modernity and entrepreneurial flair, died Tuesday in Lisbon. He was 88.

Aga Khan IV, the 49th hereditary imam of the Nizari Isma’ilism sect of Shia Islam, has died in Lisbon, Portugal. The billionaire religious leader, whose birth name was Mawlana Shah Karim al Hussaini,

The Aga Khan IV then took control of the Thoroughbred operation in 1960 following the death of his father. He earned France's leading owner title in his first year at the helm, and success followed in the years to come with names like Blushing Groom,