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Like Trump, Iran’s New Supreme Leader Is a Real Estate Mogul, with a House on ‘Billionaires’ Row,’ a Villa in Dubai, and Upscale European Hotels

Mojtaba Khamenei controls over $138 million in global assets, including luxury properties and Swiss bank accounts, with holdings impacted by market declines amid ongoing conflict.

  • Over the weekend, Mojtaba Khamenei was named Iran’s new supreme leader, marking the Islamic Republic’s first hereditary succession and owning a global real estate empire including a house on 'Billionaires’ Row', a villa in the 'Beverly Hills of Dubai', and upscale European hotels.
  • Following his elevation, observers say his close ties to the Islamic Revolutionary Guard Corps and control of the Execution of Imam Khomeini’s Order show hard-liners now dominate with little inclination to reach a deal that ends the war.
  • Bloomberg found he avoided direct ownership, yet his assets exceed $138 million, including Swiss bank accounts, while intermediaries denied personal or financial ties amid reports of international real estate holdings.
  • Markets have dented his holdings since he launched the war, and Fortune’s request for comment was blocked by Iran’s internet lockdown while Bloomberg’s queries went unanswered, with an intermediary denying ties.
  • EIKO manages billions of dollars in assets across sectors like oil, banking, and real estate, while analysts at the Clingendael think tank say IRGC foundations evolved into semiprivate monopolies shielded from oversight.
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11 Articles

Lean Right

It has eleven villas on the 'multimillionaire street', two luxury apartments within walking distance of the Welsh people, Kate and William, and the Israeli embassy: they were purchased with funds from oil Read

·Madrid, Spain
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Center

An investigation by Bloomberg estimates that its properties abroad, acquired through an intermediary, are worth $100 million. More information: Mojtaba, the "shadow prince" linked to the Revolutionary Guard that emerges to perpetuate the radical wing in Iran

·Spain
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Lean Right

The son of former Ayatollah Ali Khamenei owns several prestigious properties in the capital of the United Kingdom

·Italy
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Bias Distribution

  • 57% of the sources lean Right
57% Right

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der Standard DE broke the news in on Monday, March 9, 2026.
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