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One of the most influential billionaires of the Islamic world has died

Illustration: REUTERS/Amr Alfiki

The famous billionaire Aga Khan IV in the Muslim world has died. This entrepreneur headed a company operating in 30 countries around the world.

Aga Khan IV died in Lisbon on Tuesday, February 4. He was 88 years old. Information on social networks was confirmed by the organization Aga Chan Development Network, the founder of which was the late businessman.

Aga Khan IV was born in Switzerland and held British, French, Swiss and Portuguese citizenship. In 2008, Forbes magazine estimated his fortune at $ 1 billion and current estimates range from $ 800 million to $ 13 billion.

The businessman owned private jets, a $200 million superyacht and his own island in the Bahamas. The entrepreneur has been leading the Aga Chan Development Network for many years, building hospitals and schools in poor regions of Africa and Asia with Muslim populations. Aga Khan IV was also a well-known owner and breeder of racehorses in Great Britain, France and Ireland.

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