Who owns Akfed?
Aga Khan Development Network
Aga Khan Fund for Economic Development/Parent organizations
Aga Khan Fund for Economic Development (AKFED) was founded in 1984 and is a part of Aga Khan Development Network (AKDN). It consists of more than 150 companies and is active in 15 countries which employs more than 30,000 people.
Who is the subsidiary of Akfed in Pakistan?
Aga Khan Fund for Economic Development
New Jubilee Life Insurance Company Limited (NJI Life) is a subsidiary of the Aga Khan Fund for Economic Development (AKFED), Switzerland. It was incorporated in Pakistan on 29 June 1995 as a Public Limited Company under the Companies Ordinance 1984.
Who owns Aga Khan Foundation?
Shah Karim Al Hussaini
The Aga Khan Foundation (AKF) is a private, not-for-profit international development agency, which was founded in 1967 by Shah Karim Al Hussaini, Aga Khan IV, the 49th Hereditary Imam of the Shia Ismaili Muslims.
Who is the CEO of AKDN?
Founder & Chairman His Highness the Aga Khan, the founder and chairman of the Aga Khan Development Network, is the 49th hereditary spiritual leader of the Shia Ismaili Muslims.
Why is the Aga Khan rich?
The Aga Khan’s racing horse businesses bring in considerable income. He owns and operates the largest horse racing and breeding operation in France, the French horse auction house, Arqana, Gilltown Stud near Kilcullen in Ireland, and other breeding/stud farms in Europe.
Where does the Aga Khan wealth come from?
Forbes magazine lists Aga Khan among the world’s ten richest royals with a net worth of $800 million. However, some sources claim that his wealth at around $3 billion. Most of his wealth comes voluntary cash donations by Ismaili community members.