newsycanuse

Billionaire Aga Khan Dies

Billionaire

Bitcoins

His Highness Prince Karim Al-Hussaini, Aga Khan IV, the 49th hereditary Imam of the Shia Ismaili Muslims, has passed away.

The Aga Khan Development Network (AKDN) confirmed his death noting that he passed away peacefully in his sleep on Wednesday night aged 88 years.

“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,” the Network announced

“Prince Karim Aga Khan was the founder and chairman of the Aga Khan Development Network.”

His Highness Prince Karim Al-Hussaini, Aga Khan IV, 49th hereditary Imam of the Shia Ismaili Muslims.

Photo

Aga Khan Development Network

AKDN further revealed that the announcement of his designated successor would follow in due course.

“Leaders and staff of the Aga Khan Development Network offer our condolences to the family of His Highness and to the Ismaili community worldwide. 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 Network added.

Prince Karim Al-Hussaini is a billionaire renowned globally and owns several investments in Kenya that include the Aga Khan schools, hospitals, media establishments (he founded Nation Media Group, the parent of NTV and Daily Nation), and the Aga Khan University.

He was the direct descendant of Prophet Muhammad and the Chairman of the Aga Khan Development Network.

President William Ruto eulogised the late Imam as an extraordinary leader who went beyond what seemed impossible to help the vulnerable.

“We are saddened by the passing of The Aga Khan, the spiritual leader of Ismaili Muslims,” the Head of State shared.

“He was an extraordinary leader who went beyond what seemed impossible to help the vulnerable — through his charities in hospitals and schools.”

United Nations Secretary-General António Guterres also mourned the Imam describing him as a symbol of peace and compassion. 

”I am deeply saddened by the news that His Highness Prince Karim Al-Hussaini, Aga Khan IV, has passed away. He was a symbol of peace, tolerance and compassion in our troubled world,” Guterres stated. 

”I express my deepest condolences to His Highness’s family and the Ismaili community,” he added. 

The philanthropist was born in Geneva on December 13, 1936, to Aly Khan and British-born Joan Yarde-Buller. Karim spent his early childhood in Nairobi. His works spread across the fields of education, healthcare, and economic empowerment. 

Former President Uhuru Kenyatta with His Highness Prince Karim Al-Hussaini, Aga Khan IV at State House, Nairobi during a previous visit, April 15 2021.

Photo

PCS

Kenyans.co.ke Read More

Latest

explored

Xbox Has ‘Explored’ Using Activision For Future Halo Games, Suggests Rumour

0
Halo Contractors Involved by Craig Reid Mon 17th Aug 2026 It's been a few weeks since Halo: Campaign Evolved launched to a generally positive, but somewhat mixed reception - mostly attributed to its troubled development and lack of multiplayer. Now, the rumour mill has spun up claims that Microsoft is exploring plans to outsource parts
About

What Bird Song Can Tell Us About the Nature of Dreams

0
Toy trumpets and cartoon lasers from old video games: This is the sound of zebra finch song. The birds weave a noisy rhythmic chatter of beeps and clicks and trills into complex melodies for courting lifelong mates and coordinating social time. Young birds learn tunes much like babies learn to talk—by mimicking adults and then
Change

How climate change created a new ‘Ice Silk Road’ in the Arctic

0
August 17, 2026 3 min read Add Us On Google Add SciAm China plans to send container ships along Russia’s northern coast, reviving environmental concerns about the fragile polar region By Tom Metcalfe edited by Claire Cameron A Chinese shipowner is set to begin the first weekly container service through the Arctic on an express
‘powerless’

USS Benfold was powerless for four days in South China Sea after engineering failure

0
A US Navy destroyer spent four days without power in the South China Sea after an engineering failure disrupted essential services aboard the vessel last month. The USS Benfold, an Arleigh Burke-class guided-missile destroyer, was conducting routine Indo-Pacific operations on July 24 when it suffered an “engineering casualty involving its generators,” US 7th Fleet spokesperson

Newsletter

Don't miss

explored

Xbox Has ‘Explored’ Using Activision For Future Halo Games, Suggests Rumour

0
Halo Contractors Involved by Craig Reid Mon 17th Aug 2026 It's been a few weeks since Halo: Campaign Evolved launched to a generally positive, but somewhat mixed reception - mostly attributed to its troubled development and lack of multiplayer. Now, the rumour mill has spun up claims that Microsoft is exploring plans to outsource parts
About

What Bird Song Can Tell Us About the Nature of Dreams

0
Toy trumpets and cartoon lasers from old video games: This is the sound of zebra finch song. The birds weave a noisy rhythmic chatter of beeps and clicks and trills into complex melodies for courting lifelong mates and coordinating social time. Young birds learn tunes much like babies learn to talk—by mimicking adults and then
Change

How climate change created a new ‘Ice Silk Road’ in the Arctic

0
August 17, 2026 3 min read Add Us On Google Add SciAm China plans to send container ships along Russia’s northern coast, reviving environmental concerns about the fragile polar region By Tom Metcalfe edited by Claire Cameron A Chinese shipowner is set to begin the first weekly container service through the Arctic on an express
‘powerless’

USS Benfold was powerless for four days in South China Sea after engineering failure

0
A US Navy destroyer spent four days without power in the South China Sea after an engineering failure disrupted essential services aboard the vessel last month. The USS Benfold, an Arleigh Burke-class guided-missile destroyer, was conducting routine Indo-Pacific operations on July 24 when it suffered an “engineering casualty involving its generators,” US 7th Fleet spokesperson
faces

Paramount-Warner Bros deal faces ‘sufficient competition’, says CMA

0
Monday 17 August 2026 4:58 pm  |   Updated:  Monday 17 August 2026 5:07 pm The combined business is expected to become the UK’s largest tv distributor The Paramount-Warner Bros Discovery merger will face “sufficient competition” in the UK to prevent the combined Hollywood giant from gaining too much market power, the competition watchdog has said.
newsycanusehttps://newsycanuse.com

‘Eye of the storm’: Business owner’s fight to keep nail tech siblings in country

A Whangārei beauty salon owner says her business may face trouble if she cannot find a way to keep her siblings in the country. Anna Vu owns AV Beauty Spa, and has worked in the city for 12 years. She said she had always struggled to find suitably skilled nail technicians and beauty staff and
Read more

What small business owners say they’d do differently, in hindsight

Working 60+ hours a week makes owners twelve times more likely to say their business is hurting their personal life. Australian small business owners are working through illness, skipping holidays and struggling to step away from their businesses, according to new research from insurer BizCover. The survey of 1,500 BizCover small business customers found more
Read more

Bright young business brains bring ideas to life

Friday 17 July, 2026 Young Cumbrian entrepreneurs showed off their innovative business ideas, from AI virtual assistants to African food, at two celebration events this week. Fifteen young people from Furness and West Cumbria aged 14 to 25 were selected to take part in the Positive Enterprise programme back in January...
Read more