Prince Karim Aga Khan, the spiritual leader of the global Ismaili community, passed away on Tuesday, leaving his tens of millions of followers across the world in mourning, the Diwan of the Ismaili Imamat said in a statement in the wee hours of Wednesday.

Following the death of his father the Aga Khan IV, Prince Rahim Al-Hussaini has been announced as the new Aga Khan—the spiritual leader of the world’s Ismaili Muslims, a branch of Shia Islam. He was designated as Aga Khan V in his father’s will,

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.