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Ismaili followers reportedly donate at least 10 percent of their gross annual income to the spiritual leader.
But it remains unclear whether the Imam personally benefits from the donations.
What makes the Ismaili Imam different to other key spiritual leaders?
The title has officially been recognized by the British government. The family does not preside over any country or geographic territory. "Forbes" magazine lists the Aga Khan among the world's ten richest royals with an estimated net worth of 0 million.
He has spent the last 60 years beautifully bridging gaps between communities, ensuring his legacy breaks boundaries between religions, cultures and societies.
But just who is he and why is this such a special year for him?
RFE/RL has taken a look at the Aga Khan – a religious leader, multimillionaire philanthropist, and a man known for his lavish lifestyle and interest in beautiful women and racehorses. The Aga Khan, whose full title is His Highness Prince Karim Aga Khan IV, is the current Imam of Ismaili Muslims.
He has an estimated 15 million followers in more than 25 countries.
The Aga Khan’s full title is His Highness Prince Karim Aga Khan IV.