Prince Rahim Named Successor to Aga Khan IV, Leading Ismaili Muslims into New Era**

As the new Aga Khan V, Prince Rahim inherits a legacy of philanthropy and leadership, poised to guide millions of Ismaili Muslims across the globe.**

 

Prince Rahim Aga Khan has been officially named as the successor to his late father, Aga Khan IV, as the spiritual leader of the Ismaili Muslims. The announcement came shortly after the passing of Aga Khan IV, who died at the age of 88. The transition, confirmed by the Aga Khan Development Network, marks a significant moment for the millions of Ismaili followers worldwide.

At the helm of a lineage that traces its roots back to the Prophet Muhammad, Prince Rahim holds the title of Aga Khan V and is set to lead a community that spans over 35 countries, estimated to number between 12 to 15 million adherents. The Aga Khan IV, a billionaire renowned for his business acumen and charitable endeavors, bequeathed a multi-faceted fortune thought to be between $1 billion and $13 billion, which includes investments in diverse sectors such as transportation, equestrian ventures, and media outlets.

Known for his lavish lifestyle and connections to various royal families, the late Aga Khan was also dedicated to humanitarian efforts, establishing institutions that provided education and healthcare across the globe. Prince Rahim’s ascension to leadership signals a return to traditional familial succession after his grandfather, Aga Khan III, made an unorthodox choice in 1957 to appoint him as heir while only in his twenties.

As he steps into his new role, Prince Rahim inherits both the privileges and responsibilities associated with leading a prominent faith community, balancing a legacy of wealth with a commitment to social good.