Mostazafan Foundation
بنیاد مستضعفان Business Founded 1979
The Mostazafan Foundation (Bonyad-e Mostazafan, Foundation of the Oppressed) is one of Iran's largest conglomerates, established after the 1979 revolution to manage assets confiscated from the Pahlavi regime. It operates under the supervision of the Supreme Leader and controls hundreds of companies across manufacturing, agriculture, construction, tourism, and finance. Headed by Parviz Fattah from 2019 to 2023.