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Wealth of Khamenei family

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The Khamenei family, led by Iran's Supreme Leader Ayatollah Ali Khamenei, is reported to control substantial wealth and assets, both personally and through affiliated organizations.[1]

Ali Khamenei

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Investigations have revealed that Ayatollah Khamenei oversees a financial empire valued at approximately $95 billion. This wealth is primarily managed through the Execution of Imam Khomeini's Order (EIKO), also known as Setad. Setad has amassed a vast portfolio by systematically seizing thousands of properties, often under the pretext that they were abandoned. These properties belong to various Iranians, including religious minorities and expatriates.[2][3]

Mojtaba Khamenei

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Mojtaba Khamenei, the Supreme Leader's second eldest son, is reported to have accumulated wealth exceeding $3 billion. His assets are allegedly distributed across banks in the United Arab Emirates, Syria, Venezuela, and several African countries. Additionally, Mojtaba is said to possess approximately $300 million in gold and diamonds. He has also acquired extensive land near Mashhad, transforming it into personal property.[4][5][6]

Masoud and Ali Khamenei

Masoud Khamenei

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Masoud, another of Ayatollah Khamenei's sons, manages several of his father's institutions. He reportedly holds over $400 million in banks in France and the UK, with an additional $100 million in Tehran. Masoud also controls the sales of Renault vehicles in Iran, further contributing to his wealth.[4][5]

Meysam Khamenei

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Meysam, the youngest son, is married to the daughter of a prominent Iranian bazaar merchant. He partners with his brother Masoud in the Renault enterprise, receiving a commission from each vehicle sold. Meysam's wealth is estimated at over $200 million, with around $10 million allocated for domestic trade.[4][5]

Affiliated Organizations

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Beyond personal wealth, the Khamenei family exerts control over significant economic entities:

Mostazafan Foundation

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Mostazafan Foundation was originally established as the Pahlavi Foundation. It was renamed after the Islamic Revolution. The foundation's assets grew substantially post-revolution, encompassing numerous factories, agribusinesses, construction firms, mines, and commercial companies.[7]

Astan Quds Razavi

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Astan Quds Razavi manages the Imam Reza shrine in Mashhad and its associated endowments. It holds vast assets, including land, businesses, and industries, contributing significantly to the family's influence.[8]

These organizations, while presented as charitable entities, have been criticized for lacking transparency and allegedly serving the ruling elite's interests.[1][3][4]

See also

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References

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  1. ^ a b "Fact Check: Are Ali Khamenei's Living Standards 'Below Average'?". iranwire.com. Retrieved 2024-12-12.
  2. ^ Steve, Stecklow; Dehghanpisheh, Babak; Yeganeh, Torbati. "Khamenei controls massive financial empire built on property seizures".
  3. ^ a b "Ali Khamenei Net Worth 2024 | ZedDash". beta.rethinkingassessment.com. Retrieved 2024-12-12.
  4. ^ a b c d Writer, Staff (2015-07-16). "IRAN: Ali Khamenei's family wealth". NCRI. Retrieved 2024-12-12.
  5. ^ a b c "Disclosure of wealth of Khamenei's sons by Hashemi Rafsanjani | International Institute for Iranian Studies" (in Arabic). 2016-10-06. Retrieved 2024-12-12.
  6. ^ "Mojtaba Khamenei Net Worth: Iran's Next Supreme Leader And Successor To Billion-Dollar 'Financial Empire'". Free Press Journal. Retrieved 2024-12-12.
  7. ^ "BBCPersian.com | اقتصاد و بازرگانی | بنیاد مستضعفان تاجر جدید نفت". www.bbc.com. Retrieved 2024-12-12.
  8. ^ "Appointment of Hojjatoleslam Ahmad Marvi as the Custodian of Astan Quds Razavi".