Aga Khan settles with ex-wife for £50 million

Divorce|News|March 18th 2014

Muslim leader the Aga Khan has reached a £50 million settlement with his second wife nearly ten years after their separation.

Prince Shah Karim Al Hussaini Aga Khan married German-born Gabriele Thyssen in 1998. She adopted the name Begum Inaara Aga Khan but the couple split in October 2004 and divorce proceedings have been continuing ever since. It was each partner’s second marriage.

The Aga Khan is the Imam (spiritual leader) of Nizari Ismailism, a branch of Shia Islam, and has a fortune estimated at £5 billion. He holds British citizenship and the divorce passed through the British courts. It was not until September 2011 that an initial settlement was reached.

Thyssen, a former resident of Berkshire, was originally awarded just £10 million, the Times reports, but this amount was later raised to approximately £50 million by a French court. Her husband appealed this award.

According to The Times, the former couple have been in negotiation for more than a year and have now reached a settlement close to the earlier French award. An official statement said their marriage had formally ended “by consent”.

The Aga Khan lives in Gouvieux, northern France, and former French president Nicholas Sarkozy is reported to have intervened in the divorce negotiations to encourage a settlement. M Sarkozy granted the Aga Khan immunity from taxation, the paper reports.

Author: Stowe Family Law

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