Wikipedia
The Karmapa (honorific title His Holiness the Gyalwa (རྒྱལ་བ་, Victorious One) Karmapa, more formally as Gyalwang (རྒྱལ་དབང་ཀརྨ་པ་, King of Victorious Ones) Karmapa, and informally as the Karmapa Lama) is the head of the Karma Kagyu, the largest sub-school of the Kagyu (བཀའ་བརྒྱུད, ), itself one of the four major schools of Tibetan Buddhism.
The historical seat of the Karmapas is Tsurphu Monastery in the Tolung valley of Tibet. The Karmapa's principal seat in exile is the Dharma Chakra Centre at Rumtek Monastery in Sikkim, India. His regional monastic seats are Karma Triyana Dharmachakra in New York and Dhagpo Kagyu Ling in Dordogne, France.
Due to a controversy within the Karma Kagyu school over the recognition process, the identity of the current 17th Karmapa is disputed. See Karmapa controversy for details.