A densely treed street in North London is known as Billionaires Row. Many empty luxurious houses are visible behind the big luxury cars and black doors. School children are seen roaming here and there, while outside, private guards in black SUVs are patrolling.
Behind these luxurious houses located on Bishops Avenue is a network stretching from Tehran to Dubai and Frankfurt. Through several secret companies, the real ownership of these houses reaches Mojtaba Khamenei, the second eldest son of Iran’s supreme leader, one of the most powerful personalities in the Middle East.
Mojtaba is the possible successor of Ayatollah Ali
56-year-old cleric Mojtaba Khamenei is being considered a possible successor to his father Ayatollah Ali Khamenei, who owns these London-based homes. This information has come from the assessment of people familiar with the matter and a major Western intelligence agency. These people said that the young Khamenei does not keep all the property in his name, but he himself has been involved in deals, many of which have been going on since 2011.
Where have you invested?
According to experts, Mojtaba Khamenei has invested in the shipping business and has full cash deposited in Swiss bank accounts, while assets worth more than 138 million dollars are in Britain. This network of companies has helped Khamenei transfer billions of dollars of funds to Western markets despite US sanctions imposed in 2019.
Properties from Dubai to Majorca
It includes prime real estate located in many of London’s most exclusive areas, including a house that cost 33.7 million euros in 2014 when it was purchased. There is a villa in the area called Beverly Hills of Dubai and a chain of luxurious European hotels from Frankfurt to Majorca. According to Bloomberg report, the cash for these transactions was sent through accounts in banks in Britain, Switzerland, Liechtenstein and the United Arab Emirates and this money was mainly derived from the sale of Iranian oil.
None of the documents seen by Bloomberg directly mention assets in Khamenei’s name. Instead, many of the purchases appear to be in the name of Ali Ansari, an Iranian businessman who was sanctioned by Britain in October.
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