Rahim Al-Hussaini has been named as the new Aga Khan, spiritual leader of the world’s millions of Ismaili Muslims.He was designated as the Aga Khan V, the 50th hereditary imam of the Shiite Ismaili Muslims,

The Aga Khan, spiritual leader of the world's 15 million Ismaili Muslims and one of the world's wealthiest hereditary heirs, died Tuesday in Portugal. He was 88 and had led the Shiite branch — with large communities in South and Central Asia, Afghanistan, Pakistan, Iran and East Africa — for nearly seven decades