Source: Fortune
Summary
Mojtaba Khamenei, the new supreme leader of Iran, has built a global real-estate empire worth over $138 million, with properties in London, Dubai, and Europe. He has avoided putting investments in his own name, but his holdings include Swiss bank accounts, luxury properties, and upscale hotels. Khamenei’s real-estate empire is smaller compared to President Donald Trump’s net worth of $7.3 billion. As supreme leader, Khamenei controls the Execution of Imam Khomeini’s Order, a state-owned conglomerate with billions of dollars worth of assets.
Our Reading
The numbers tell one story.
Mojtaba Khamenei’s real-estate empire may be smaller than Trump’s, but his control over Iran’s economy is significant.
Khamenei’s avoidance of putting investments in his own name raises questions about transparency.
The Islamic Revolutionary Guard Corps’ diversified business empire is a key player in Iran’s economy.
Khamenei’s new role as supreme leader solidifies the hardliners’ control over Iran’s economy and politics.
Author: Evan Null
