ISLAMABAD: Shehbaz Sharif wished Aga Khan IV, leader of the Ismaili community, on his 86th birthday, acknowledging the billionaire philanthropist’s contribution to the arenas of education and socio-economic development.
“Congratulations to His Highness Prince Karim Aga Khan IV on his birthday,” the prime minister said in a tweet.
“We acknowledge, appreciate, and remain grateful for his wonderful contributions to the cause of education and socio-economic development in Pakistan and around the world,” he added.
Congratulations to His Highness Prince Karim Aga Khan IV on his birthday. We acknowledge, appreciate & remain grateful for his wonderful contributions to the cause of education & socio-economic development in Pakistan and around the world.
— Shehbaz Sharif (@CMShehbaz) December 13, 2022
According to his profile, the twice-married jet-setter was born Shah Karim al-Husayni in 1936 in Geneva. He grew up in Nairobi during World War II, and he attended a Swiss boarding school before he was named imam at age 20.
Part of the Aga Khan’s personal wealth, estimated at $13.3 billion, comes from a dizzyingly complex system of tithes that some of the world’s 15 million members of the community pay him each year — an amount that he does not disclose but which may reach hundreds of millions of dollars annually.
The Aga Khan, 70, has had unconditional control of this money since his grandfather placed him in his position in 1957. He has invested those resources in a free-form portfolio of businesses that employ more than 96,000 people.
These holdings include five-star hotels, cellphone companies and an airline, but most are small and midsize enterprises in Central Asia and the sub-Saharan region of Africa.
The post On birthday, Sharif lauds Aga Khan for empowering poor nations appeared first on Pakistan Today.

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