By bnm Tehran bureau Prince Rahim al-Hussaini has been named the new Aga Khan, becoming spiritual leader of 15mn Ismaili Muslims following the death of his father in Lisbon aged 88. The 53-year-old was appointed in his father's will unsealed on February 5 as the fifth Aga Khan and 50th imam of the Nizari Ismaili branch of Shia Islam,

The Aga Khan, who became the spiritual leader of the world’s millions of Ismaili Muslims at age 20 as a Harvard undergraduate and poured a material empire built on billions of dollars in tithes into building homes,

Racehorse magnate and Islamic spiritual leader, the Aga Khan, passed away on Tuesday at the age of 88, leaving millions of followers worldwide in mourning.