Name: Master Khan
Other Names: Tyrone King; Lost Lord of K'un-Lun; Master of the Sacred Arts; Master of the World; Masterlord; Oldest of All Wizards; Master Kahn
First Appearance: Strange Tales (vol. 1) #77 (Oct. 1960)
Super? (Has Super Powers/Special Abilities/Technology): Yes
Number of Appearances: 46
Ally: Halwan Revolutionaries
Location: K'un L'un
Note: sinister god of K'un L'un
There are some seeming contradictions in how Master Khan has been portrayed. This may be due, in part, to his own duplicity and may also stem from retconning and differences in ideas among writers. Master Khan has identified himself as and been portrayed as a member of unnamed pantheon of gods worshipped by the people of K'un-Lun. Indeed, he has a long history of being worshipped by the people of K'un-Lun. Master Khan derives power from this worship.
At other times, Master Khan has admitted that he is human. Based on the bulk of evidence and various accounts of his origins, it seems most likely that Master Khan was born a regular human but he mastered the occult to such an extent that became capable of masquerading as a god to the people of K'un L'un.
The religion of K'un-Lun is in many ways connected to or based on Tibetan Buddhism, but it is unclear whether Master Khan can in any way be considered a Buddhist deity. In any regard, he is quite evil, which doesn't seem in keeping with the rather positive religion of K'un L'un understood by the super-hero Iron Fist, who is a practitioner.
Suggested links for further research about this character and the character's religious affiliation: