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Home  /  World  /  $95 B Empire & Victor Hugo Fan: 7 Surprising Facts on Iran’s Supreme Leader Ayatollah Khamenei

$95 B Empire & Victor Hugo Fan: 7 Surprising Facts on Iran’s Supreme Leader Ayatollah Khamenei

by Siddhi Vinayak Misra
June 20, 2025
in Middle East, World
Reading Time: 5 mins read
Ayatollah Khamenei

The Enigmatic Ruler Steering Iran Through Crisis

At 86, Iran’s Supreme Leader Ayatollah Ali Khamenei faces one of the most turbulent periods of his decades-long rule. Israeli airstrikes have targeted Iran’s nuclear facilities, regional proxies are under pressure, and domestic unrest simmers. Yet, Khamenei remains firmly in control—backed by a $95 billion empire, a loyal military, and an unexpected passion for Victor Hugo’s Les Misérables.

Here’s a closer look at the man who wields absolute power over Iran’s politics, military, and economy.

1. From Political Prisoner to Supreme Leader

Khamenei’s rise to power reads like a dramatic political thriller:

  • Early Struggles: Born in 1939, he was imprisoned under the U.S.-backed Shah for his revolutionary activities.
  • Rapid Ascent: After the 1979 Islamic Revolution, his alliance with Ayatollah Ruhollah Khomeini propelled him into prominence.
  • Surprise Succession: Despite lacking top-tier religious credentials, he became Supreme Leader in 1989 after Khomeini’s death—thanks to his wartime leadership during the Iran-Iraq conflict.

Why it matters: His journey from prisoner to Iran’s most powerful figure underscores his political shrewdness and resilience.

2. The $95 Billion Shadow Empire

Khamenei doesn’t just rule Iran—he controls a vast financial network:

  • Setad: A secretive organization overseeing oil, telecoms, finance, and even ostrich farms. A Reuters investigation estimated its value at $95 billion.
  • Controversial Wealth: Setad has been accused of seizing property from religious minorities and exiles through questionable legal tactics.
  • Power Over Money: While Khamenei isn’t known for personal luxury, Setad ensures the regime’s economic dominance.

Key Takeaway: This financial web reinforces his grip on Iran, making sanctions and external pressure harder to enforce.

3. The IRGC: Khamenei’s Sword and Shield

The Islamic Revolutionary Guard Corps (IRGC) isn’t just an army—it’s a state within a state:

  • Military Might: Oversees Iran’s missile program, drone warfare, and nuclear ambitions.
  • Economic Influence: Runs businesses, construction projects, and smuggling networks.
  • Loyalty Rewarded: Khamenei grants the IRGC autonomy in exchange for unwavering support.

Why it matters: The IRGC’s dual role ensures Khamenei’s policies are enforced at home and abroad.

4. The Real Decision-Maker Behind Iran’s Presidents

Iran’s presidents come and go—but Khamenei remains the ultimate authority:

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  • Final Say on Policy: He approves or blocks major decisions on foreign policy, military action, and elections.
  • Controlled Democracy: Only candidates he tolerates can run for office, ensuring no real opposition emerges.

Example: Even hardline presidents like Mahmoud Ahmadinejad faced pushback when they overstepped.

5. Mastermind of Iran’s Proxy Network

Khamenei’s “Axis of Resistance” extends Iran’s influence without direct confrontation:

  • Key Proxies: Hezbollah (Lebanon), Houthis (Yemen), Iraqi militias, and Hamas.
  • Recent Setbacks: Israeli strikes in Gaza and Syria have weakened these groups, testing Tehran’s regional strategy.

Strategic Insight: This network allows Iran to project power while avoiding full-scale war.

6. The Reclusive Leader Who Rarely Appears in Public

Khamenei operates like a shadow monarch:

  • Heavily Guarded: An elite IRGC unit protects him; public appearances are rare.
  • Bunker Diplomacy: Reports suggest he relocated to a secure facility during recent Israeli strikes.

Why it matters: His physical invisibility doesn’t diminish his control—every major decision still flows through him.

7. The Unexpected Literary Fan

Behind the hardline image lies a man who admires classic literature:

  • Love for Les Misérables: He once called Hugo’s novel “miraculous” and recommended it to youth.
  • Contradiction? His praise for themes of “divinity, kindness, and compassion” contrasts with his regime’s repressive policies.

Irony Alert: The leader of a theocratic dictatorship finds inspiration in a story about revolution and social justice.

Khamenei’s Legacy: Power Amid Peril

As Israel escalates strikes and proxy forces falter, Khamenei’s biggest test may still lie ahead. Yet, with control over Iran’s wealth, military, and political machinery, he remains the unchallenged architect of the nation’s fate. Whether through missiles, money, or Les Misérables, Khamenei’s influence is as complex as it is absolute.

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