The Malcolm Forbes Award 2013

Steve Stecklow, Babak Dehghanpisheh and Yeganeh Torbati

Steve Stecklow, Babak Dehghanpisheh and Yeganeh Torbati

Best international business news reporting in newspapers, news services or online

AWARD YEAR: The Malcolm Forbes Award
AWARD NAME: The Malcolm Forbes Award 2013
RECIPIENT: Steve Stecklow, Babak Dehghanpisheh, Yeganeh Torbati and Reuters staff
AFFILIATION: Reuters
HONORED WORK: Assets of the Ayatollah

The judges were impressed by Reuters’ ability to piece together how Iran’s top religious cleric, Supreme Leader Ayatollah Ali Khamenei, had amassed a financial empire worth $95 billion, rivaling the wealth of the late Shah. In a three-part series, Stecklow and colleagues drew a devastating portrait of how Khamenei had secured a position in nearly every sector of Iran’s economy through a little-known agency called Setad. Reuters took major risks in investigating the ayatollah. 

Assets of the Ayatollah >>

Citation for Excellence:
Katherine Eban, Doris Burke, Frederik Joelving
fortune.com
“Dirty Medicine”