At the age of 20, Prince Karim Al-Hussaini inherited the reins of a Shia Muslim lineage and used his entrepreneurship to become one of the world’s richest hereditary rulers.

Hussaini, will oversee the plans to open the million-dollar Ismaili Muslim community hub after his father's recent passing.

The Tuesday death of the Aga Khan, the spiritual leader of the world’s millions of Ismaili Muslims, and the Wednesday announcement of his successor struck a deep chord with Houston’s sizable Ismaili Muslim community.

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,

Hussaini, the new spiritual leader of Ismaili Muslims, was named as the successor to his father, who died at 88.

As leader of a branch of Shiite Islam, the Aga Khan mixed business projects and humanitarian initiatives as he built a personal fortune.

A direct descendant of the Prophet Mohammed, the Aga Khan is well known globally for his philanthropic works aimed at improving people’s lives.

Ismaili Muslim leaders swore allegiance Tuesday to Prince Rahim Aga Khan V in a ceremony in Lisbon to celebrate his proclamation as imam, after the death a week ago of his father, Karim Aga Khan IV. The ceremony,