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The Aga Khan's $200 Million Superyacht Snafu

Filed under: Yachts & Sailing, Wealth

Aga Khan Superyacht

Recently we reported on the impressive racehorses owned by His Highness the Aga Khan, the immensely wealthy Muslim spiritual leader. The urbane Aga Khan, a philanthropist, Harvard graduate and stepson of Hollywood bombshell Rita Hayworth, hasn't had as much good fortune when it comes to superyachts however. A considerable portion of his $800 million fortune has gone into what is supposed to be the world's fastest superyacht, but instead is a serious snafu.

The 164-ft. Alamshar (pictured above), named after a prized racehorse, is a $200 million vessel commissioned by His Highness from the UK's Devonport, which has now been in build for twelve whole years. Designed to break the transatlantic speed record, her ultra-expensive Rolls-Royce gas turbine engines underperformed and had to be replaced. It also caught on fire a bit. However, the luxurious craft was recently spotted performing sea trials and may one day soon be ready to sail.

[via JamesList]

Fifty Years of Equestrian Champions from the Stables of His Highness the Aga Khan

Filed under: Sports, Books, Wealth

Fifty Years of Equestrian Champions from the Stables of His Highness the Aga Khan
A new lavishly illustrated volume by Philip Jodidio from Prestel highlights fifty years of the prestigious horse racing and breeding enterprises of His Highness the Aga Khan, the immensely wealthy Muslim spiritual leader. The urbane Aga Khan, a philanthropist, Harvard graduate and stepson of Hollywood bombshell Rita Hayworth, built his world class thoroughbred empire on a legacy handed down through generations and now oversees one of the largest and most successful racing and breeding operations in Europe. The luxe book traces the history of the Aga Khan Studs including many famous champions through remarkable photographs, engravings and paintings taken from the Aga Khan's archives. Also included is a lengthy interview with His Highness and informative essays on what makes a great racehorse. Check out the gallery for a preview.

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