Writing in The Telegraph, Damien McElroy and Ahmad Vahdat observed: "The ayatollah likes to cultivate an image of austerity but receives major commissions from the Iranian oil and arms industries and there have been regular claims that he and his son have amassed a fortune running into billions of dollars." A six-month investigation by Reuters has said that Khamenei controls a "financial empire" worth approximately US$95 billion that is not overseen by the Iranian Parliament, a figure much larger than the estimated wealth of the late Shah of Iran. According to the Reuters investigation, Khamenei uses the assets of a company called Headquarters for Executing the Order of the Imam or "Setad" in Farsi, in order to increase his grip on power. Reuters "found no evidence that Khamenei is tapping Setad to enrich himself," but did find that he used Setad's funds, which "rival the holdings of the shah", for political expedience - "Setad gives him the financial means to operate independently of parliament and the national budget, insulating him from Iran's messy factional infighting." According to The Telegraph, money from Setad is used to fund Khamenei's Beit Rahbari compound, which employs over 500 stewards, as was reported in 2013. Hamid Vaezi, Setad's head of public relations, said the information "was far from realities and is not correct". The six-month investigation by Reuters into found that, regarding the source of Setad's funds, "Setad built its empire on the systematic seizure of thousands of properties belonging to ordinary Iranians: members of religious minorities like Vahdat-e-Hagh, who is Baha'i, as well as Shi'ite Muslims, Business people and Iranians living abroad."