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