As Mojtaba Khamenei takes power in Iran, attention is turning to his vast economic networks, controversial rise, and the unprecedented dynastic transfer of authority within the Islamic Republic.
As the world reacts to the rise of Mojtaba Khamenei as the new supreme leader of Iran, more information is surfacing about the powerful and controversial figure who has long operated behind the scenes of the Islamic Republic.
Mojtaba is the second son of former supreme leader Ali Khamenei, the dictator who ruled Iran for decades. Reports now highlight the enormous economic networks connected to the Khamenei family, including assets reportedly worth hundreds of millions of dollars spread across Iran and abroad.
His father oversaw a vast financial empire estimated to be worth billions of dollars. Much of this wealth was tied to powerful foundations operating under the authority of the supreme leader. Among them is the Mostazafan Foundation, one of the largest economic entities in Iran, controlling businesses across banking, insurance, industry and other sectors. Another key organization is the Barakat Foundation, which presents itself as a charity but also manages extensive commercial holdings.
