Paris, Feb 5 (AP): The Aga Khan, who became the spiritual leader of the world's millions of Ismaili Muslims at age 20 as a Harvard undergraduate and poured a material empire built on billions of dollars in tithes into building homes, hospitals and schools in developing countries, died Tuesday. He was 88.

His Aga Khan Development Network and the Ismaili religious community announced that His Highness Prince Karim Al-Hussaini, the Aga Khan IV and 49th hereditary imam of the Shia Ismaili Muslims, died in Portugal surrounded by his family.

His successor was designated in his will, which will be read in the presence of his family and religious leaders in Lisbon before the name is made public. A date has not been announced. The successor is chosen from among his male progeny or other relatives, according to the Ismaili community's website.

Considered by his followers to be a direct descendant of the Prophet Muhammad, His Highness Prince Karim Aga Khan IV was a student when his grandfather passed over his playboy father as his successor to lead the diaspora of Shia Ismaili Muslims, saying his followers should be led by a young man “who has been brought up in the midst of the new age.”

Over decades, the Aga Khan evolved into a business magnate and a philanthropist, moving between the spiritual and the worldly with ease.

While his death was announced late in the day in Europe and the Middle East, ceremonies were already being held Tuesday in Ismaili communities in the US. Condolences poured in online from charity groups he supported, as well as the equestrian world, where he was a well-known figure.

“An extraordinarily compassionate global leader,” Canadian Prime Minister Justin Trudeau said Tuesday, calling him a very good friend. “He will be deeply, deeply missed by people around the world.”

Treated as a head of state, the Aga Khan was given the title of “His Highness” by Queen Elizabeth in July 1957, two weeks after his grandfather the Aga Khan III unexpectedly made him heir to the family's 1,300-year dynasty as leader of the Ismaili Muslim sect.

He became the Aga Khan IV on October 19, 1957, in Dar es Salaam, Tanzania, on the spot where his grandfather once had his weight equalled in diamonds in gifts from his followers.

He had left Harvard to be at his ailing grandfather's side, and returned to school 18 months later with an entourage and a deep sense of responsibility.

“I was an undergraduate who knew what his work for the rest of his life was going to be,” he said in a 2012 interview with Vanity Fair magazine. “I don't think anyone in my situation would have been prepared.”

A defender of Islamic culture and values, he was widely regarded as a builder of bridges between Muslim societies and the West despite — or perhaps because of — his reticence to become involved in politics.

The Aga Khan Development Network, his main philanthropic organization, deals mainly with issues of health care, housing, education and rural economic development. It says it works in over 30 countries and has an annual budget of about USD 1 billion for nonprofit development activities.

A network of hospitals bearing his name are scattered in places where health care had lacked for the poorest, including Bangladesh, Tajikistan and Afghanistan, where he spent tens of millions of dollars for development of local economies.

The extent of the Aga Khan's financial empire is hard to measure. Some reports estimated his personal wealth to be in the billions.

The Ismailis — a sect originally centred in India but which expanded to large communities in east Africa, Central and South Asia and the Middle East — consider it a duty to tithe up to 12.5 per cent of their income to him as steward.

“We have no notion of the accumulation of wealth being evil,” he told Vanity Fair in 2012. “The Islamic ethic is that if God has given you the capacity or good fortune to be a privileged individual in society, you have a moral responsibility to society.”

The Ismaili community's website said he was born on December 13, 1936, in Creux-de-Genthod, near Geneva, Switzerland, the son of Joan Yarde-Buller and Aly Khan, and spent part of his childhood in Nairobi, Kenya — where a hospital now bears his name.

He became well-known as a horse breeder and owner, and he represented Iran in the 1964 Winter Olympics as a skier. His eye for building and design led him to establish an architecture prize, and programmes for Islamic Architecture at MIT and Harvard. He restored ancient Islamic structures throughout the world.

The Aga Khan lived at length in France and had been based in Portugal for the past several years. His development network and foundation are based in Switzerland.

The Aga Khan will be buried in Lisbon. The date was not released.

He is survived by three sons and a daughter and several grandchildren.

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Mumbai (PTI): Maharashtra Chief Minister Devendra Fadnavis on Thursday rode a motorcycle to the Vidhan Bhavan here and later defended the Centre's austerity measures, saying Prime Minister Narendra Modi has only "asked people to make small sacrifices".

He also criticised the Opposition for creating "unnecessary controversy" over the matter, adding that questioning the PM's foreign visits - aimed at strategic alliances and economic benefits - was "sheer foolishness".

Fadnavis arrived at the Vidhan Bhavan in South Mumbai on a motorbike from his residence 'Varsha', with BJP leader and minister Ashish Shelar accompanying him, to attend the swearing-in of new members of the legislative council.

The move comes as part of the measures after PM Modi's appeal to conserve fuel and foreign exchange in view of the ongoing conflict in West Asia, which has disrupted global energy supplies. India relies heavily on West Asia for crude oil and gas imports.

On Wednesday, CM Fadnavis announced a series of austerity measures, including halving the number of vehicles in the convoys of his cabinet colleagues, and cancelling foreign tours of ministers and officials.

Addressing reporters here on Thursday, Fadnavis said the state government had curtailed convoys, cancelled avoidable foreign tours and decided against holding large government events for the next six months.

Targeting the Opposition, the CM said similar austerity measures had been adopted by previous governments, including during the tenures of former prime ministers Indira Gandhi and P V Narasimha Rao, as well as by former finance minister P Chidambaram in 2012.

"The Opposition needs to show some maturity. Countries across the world have taken even tougher decisions. The prime minister has only asked people to make small sacrifices while himself taking very tough decisions. Creating unnecessary controversy over this is not appropriate," he said.

Fadnavis said he travelled by motorcycle to send a message on fuel conservation, adding that symbolic actions by political leaders help spread awareness among people.

"When leaders act symbolically in this manner, the message reaches the people. That is why I came here on a motorcycle," he stressed.

The chief minister said all unnecessary foreign visits by officials and ministers had been stopped, and efforts were underway to reduce fuel consumption and save foreign exchange.

"We have reduced our convoys. Wherever petrol and diesel can be saved, wherever foreign exchange can be conserved, we are making every possible effort," he said.

Fadnavis said a major government event scheduled in Satara on Friday would, however, go ahead as it was planned in advance and expenditure had already been incurred.

He said around 25 lakh families would receive benefits valued at Rs 10,000 crore under the Centre's Pradhan Mantri Awas Yojana during the programme.

"After this event, however, no large government programmes will be organised over the next six months," he added.

The CM also dismissed criticism on social media over PM Modi's foreign visits, saying overseas trips aimed at strategic alliances and economic gains for the country should not be equated with avoidable travel.

"The appeal is only against unnecessary foreign travel. It does not mean businessmen should cancel important overseas deals. Criticising the prime minister's foreign visits is sheer foolishness," he said.