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Reports Link Mojtaba Khamenei to Extensive European Property Holdings Amid Succession Speculation
According to media reports, an Iranian businessman is said to have built up a property empire in Europe, including luxury hotels in Germany. Traces of the company are now reported to lead to Mojtaba Khamenei, the son of the slain Supreme Leader Ali Khamenei, who could become his successor.
Following the death of Ayatollah Ali Khamenei, the succession at the head of the Islamic Republic remains unresolved. No new Supreme Leader has been formally named, but behind the scenes, Mojtaba Khamenei, 56, has emerged as the frontrunner. He has never run for office or been subjected to a public vote but has long been a highly influential figure within the inner circle of the Supreme Leader, cultivating close ties to the Islamic Revolutionary Guard Corps (IRGC).
Critics have cautioned that a father-to-son succession would be politically sensitive. Reports suggest Ali Khamenei himself opposed the idea, with a source close to his office telling Reuters in 2024 that he did not want to witness a return to hereditary rule, which many Iranians view as undermining the 1979 revolution that overthrew the US-backed monarchy of Shah Mohammad Reza Pahlavi.
Mojtaba Khamenei is also reported to control a substantial overseas property network. A year-long Bloomberg investigation found that he directs a significant European real estate portfolio through intermediaries, with no assets appearing directly in his name. The holdings reportedly include luxury London properties, a villa in Dubai, and high-end hotels in Frankfurt and Mallorca, with funding routed primarily from Iranian oil revenues through financial institutions in the UK, Switzerland, Liechtenstein, and the UAE via shell companies.
A key asset identified is the Hilton Frankfurt Gravenbruch, a five-star hotel in Germany’s financial hub. Corporate filings indicate the hotel has been owned since 2011 through entities tied to Iranian businessman Ali Ansari and was brought under Hilton’s management in 2024. Frankfurt officials have questioned how Iran-linked capital entered the city’s hospitality sector.
Ansari, a construction magnate sanctioned by the UK in October 2025, is said to act as a liaison for Khamenei’s son. He has denied connections to the IRGC or Mojtaba Khamenei and intends to challenge the UK sanctions. None of the documents reviewed list assets in Khamenei’s name; many are registered under Ansari or offshore entities.
A separate Financial Times investigation estimated Ansari’s European property portfolio at around €400 million. It spans multiple countries and includes a golf resort in Mallorca, a ski hotel in Austria, and additional luxury properties structured through offshore companies in Luxembourg, St Kitts and Nevis, Austria, Germany, and Spain.
The revelations underscore the complexities of tracing foreign-held assets in connection with Iran’s ruling elite and highlight the financial networks tied to a potential future Supreme Leader.
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Britain and Norway Step Up Naval Patrols to Protect Undersea Infrastructure from Russia
Britain and Norway have launched new joint naval patrols aimed at protecting undersea cables from Russia, with a combined fleet of at least 13 warships safeguarding critical infrastructure in the North Atlantic, officials said. The announcement follows discussions in December between UK Prime Minister Keir Starmer and Norwegian Prime Minister Jonas Gahr Støre on defense cooperation.
British Defence Secretary John Healey said on Thursday that the operation was designed to deter Russian submarines suspected of “malign activity” near undersea infrastructure north of the UK. A frigate, aircraft, and hundreds of personnel monitored a Russian attack submarine and two spy vessels during an operation lasting more than a month. Healey said the Russian ships eventually left the area.
His message to Moscow was clear: “We see your activity over our cables and our pipelines, and you should know that any attempt to damage them will not be tolerated and will have serious consequences.” Healey emphasized that while global attention is focused on conflicts in the Middle East, Russia remains the main threat to the UK and its allies.
British officials have highlighted the overlap between Russia’s support for Iran and its ongoing war in Ukraine. Tehran has provided Moscow with Shahed drones, which are now also manufactured in Russia under the designation Geran. Healey said, “Putin would want us to be distracted by the Middle East. We will not take our eyes off Putin.”
The UK has also prepared to seize ships suspected of being part of Russia’s “shadow fleet,” a flotilla of old oil tankers of unclear ownership designed to bypass international sanctions imposed over Moscow’s 2022 invasion of Ukraine. Previously, the UK only assisted France and the US in monitoring such vessels. Healey said, “We are ready to take action” against these ships.
Norwegian Defence Minister Tore O. Sandvik, who signed the joint naval agreement with Healey, said the patrols allow both countries to “defend themselves together.” The deployment builds on a £10 billion (€11 billion) deal for Norway to purchase at least five British-made frigates, which, together with eight British ships, will operate along NATO’s northern flank.
Russian naval activity near UK waters has reportedly risen by 30 percent over the past two years. NATO officials have also warned that attacks on undersea cables are among the “most active threats” to Western infrastructure. Acting Assistant Secretary General for Innovation, Hybrid, and Cyber, James Appathurai, said recent incidents in the Baltic Sea and elsewhere reflect Russia’s long-term undersea program, which includes research ships, submarines, unmanned vehicles, divers, and explosives targeting communications and energy pipelines.
The new UK-Norway patrols signal a heightened focus on securing vital maritime infrastructure amid rising geopolitical tensions and increasing Russian naval operations in European waters.
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