Trumps issues “hard-hitting” sanctions against Khamenei who controls $95 billion business empire


Washington — US President Donald Trump on Monday issued “hard-hitting” financial sanctions against Iran’s Supreme Leader Ayatollah Ali Khamenei who controls a business empire worth around $95 billion.

Owing to the Tehran’s continous destablizing activities in the region, Trump signed the order in the Oval Office.

“Never can Iran have a nuclear weapon,” Trump said after signing the order.

“We will continue to increase pressure on Iran,” Trump added.

According to a Reuters investigation in 2013, Khamenei has wealth exceeding the value of his oil-rich nation’s current annual petroleum exports.

“Setad” is the not-so-famous organization owned by Khameini which holds stakes in nearly every sector of Iranian industry, that even includes production of birth-control pills and even ostrich farming.

Under the dictatorship of Khamenei, the Setad has expanded to buy vareity of stakes in both private and public Iranian companies.

Since Setad is highly secret, no one in the country knows about the total worth and the total turnover it makes. Reuters estimates it to be $52 billion in real estate and $43 billion in corporate holdings, that makes approx. $95 billion.

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