Aga Khan V was on Wednesday named the new leader following the unsealing of the Will of his late father, Prince Karim Al-Hussaini Aga Khan IV, who died in Lisbon, Portugal aged 88.

Descendant of Prophet Mohammed is also one of world's richest men. The Aga Khan, spiritual leader of Ismaili Muslims, looks on during a speaking event at Massey Hall in Toronto, Feb. 28, 2014 ...