Rahim Al-Hussaini was named Wednesday as the new Aga Khan, spiritual leader of the world's millions of Ismaili Muslims. The 53-year-old succeeds his father, who died on Tuesday.

From energy to manufacturing, and media to agriculture, the Aga Khan’s investments in Africa extend well beyond philanthropy.

Last week, Prince Rahim al-Hussaini ’95 was named the spiritual leader of millions of Ismaili Muslims after his father, the former leader, passed away on Feb. 4. Al-Hussaini is now Aga Khan V, a title given to the 50th imam of the Nizari Ismaili branch of Shia Islam.

Prince Rahim Al-Hussaini has been named the new Aga Khan, spiritual leader of millions of Shia Ismaili Muslims around the world. He will take on the role from his father Prince Karim Aga Khan, who died on Tuesday at the age of 88.

The accession ceremony of  Prince Rahim al-Hussaini Aga Khan V as the 50th hereditary Imam of the Shia Ismaili Muslims was held on Tuesday, February 11, in Lisbon, Portugal. The private religious ceremony at the Diwan of the Ismaili Imamat,

Prince Rahim Aga Khan V has been named the 50th hereditary Imam of the Shia Ismaili Muslims, succeeding his late father, Prince Karim Aga Khan IV. In keeping with the historical tradition, he now assumes leadership of the estimated 15 million Shia Imami Ismaili Muslims worldwide following the passing of his father on Tuesday,

Ismaili Muslim leaders swore allegiance Tuesday to Prince Rahim Aga Khan V in a ceremony in Lisbon to celebrate his proclamation as imam, after the death a week ago of his father, Karim Aga Khan IV. The ceremony,