Word: aga
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Dates: during 1970-1979
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...American vs. the Aga Khan...
When he assumed spiritual leadership of the 20-million-member Ismaili sect 22 years ago, the Aga Khan was asked whether he intended to maintain his grandfather's famous racing stables. "I'm not much for sport," replied the prince, then 20. "I don't know what I'll do with the horses." Quickly enough the young heir developed a passionate interest in what he described as "a game of chess with nature"-the breeding of horses -and today he reigns supreme over the French horse-racing establishment. His sport has led him into a bitter...
...Aga Khan's antagonist is Wayne Murty, 42, a leading U.S. horse trader and bloodstock agent from Lexington, Ky., and the clash concerns the racing stable of French Textile Tycoon Marcel Boussac, who went bankrupt a year ago. Among Boussac's 200 or so Thoroughbred horses are some of the most sought-after broodmares in the business...
...Murty made a deal to buy 56 of his horses. The price: $840,000, a bargain-basement figure for Thoroughbreds whose breeding potential alone is worth millions of dollars. Two days after his purchase Murty was approached by a French bloodstock agent, Victor Thomas, who often acts for the Aga Khan. Perhaps hoping he could strike a deal with the prince, Thomas asked the American if he would resell the horses for a commission. Murty says that when he refused, Thomas threatened to have the sale killed, he pointed out that he had friends in the French government...
...Aga Khan will keep an eye on his money: he will serve on the advisory committee of the "Aga Khan Program for Islamic Architecture...