Siamak Namazi Net Worth: How Rich is the Iranian-American Businessman

Siamak Namazi is an Iranian-American businessman and consultant who has been imprisoned in Iran since October 2015.

He was born in Iran in 1971 and later moved to the United States, where he became a naturalized citizen.

Namazi has worked for various companies, including Crescent Petroleum and the consulting firm Atieh Bahar.

He has also been involved in various philanthropic and cultural initiatives, including the Asia Society and the Iranian-American Community Foundation.

Namazi was arrested in Iran while visiting family in October 2015 and was later charged with espionage and other crimes.

His imprisonment has been widely criticized by human rights organizations and the international community, who have called for his release.

The Iranian government has accused Namazi of working to undermine the country’s national security, but his family and supporters maintain that he is innocent and that his detention is politically motivated.

Namazi’s case has been a source of tension between the United States and Iran, with the U.S. government calling for his release and imposing sanctions on Iranian officials involved in his detention.

Siamak Namazi net worth

At the time of publishing this article, Namazi’s net worth was not publicly stated.

However, according to multiple sources, his net worth was between $1 million and $5 million at the time of his arrest and wrongful detention in 2015.

Siamak Namazi arrest and detention

Namazi was arrested during a business trip to Iran in October 2015, and later convicted of cooperating with a hostile government, meaning the United States.

Namazi’s father, Baquer Namazi, was also arrested in 2016 while trying to visit him.

According to Reuters, bith father and son were sentenced to ten years in prison on baseless charges.

In 2016, Iran released four American detainees as part of a prisoner swap with the U.S., but Namazi was not one of them.

Namazi has endured prolonged solitary confinement, denial of access to medical care, and physical and psychological torture during his imprisonmentz

His father was allowed to leave Iran for medical treatment in October 2022, but Namazi himself remained in prison.

On the seventh anniversary of being left behind in a U.S.-Iran prison swap, Namazi began a hunger strike in January 2023 to push Iran and the U.S. to make a deal to free him.

Namazi’s case has been a source of tension between the U.S. and Iran, with the U.S. government calling for his release and criticizing Iran’s treatment of him.

On September 18, 2023, Iran moved some American prisoners to house arrest as a step in a swap for their release, which included Namazi.

The swap also gave Iran access to oil money and the release of Iranians in the US.

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