This became the Aga Khan's source of immense wealth. His son Aga Khan II, Ali Shah, died in 1885 after only 4 years in office.
Aga Khan III
Aga Khan III, Sultan Sir Muhammad Shah (1877-1957), was born on Nov. 2, 1877, in Karachi. At the age of 8 he succeeded his father, Aga Khan II, as imam. Under him the office reached its greatest influence. The Aga Khan enjoyed international fame, and his personal charm, great wealth, and intelligence made him a popular figure in European society. His friendships with the great and famous in politics, business, and the arts were enhanced by his devotion to horse racing. This was a family tradition, and the Aga Khan's stables were among the finest in the world. His horses won the Derby three times, in addition to many other famous races.
To outsiders the Aga Khan's luxurious style of living and his enthusiasm for horse racing seemed incongruous with his position as the spiritual leader of his people. It must be remembered, however, that he did not hold office by virtue of his own spiritual merit; the office itself was sacred, and his inheritance of it by direct line from the Prophet assured his sanctity.
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