[custom_adv] Asadollah Asgaroladi (3 March 1934 – 13 September 2019) was an business magnate, with business interests in exports, banking, real estate and healthcare. [custom_adv] Asgaroladi was born to a merchant family. His ancestors converted from Judaism to Shia. [custom_adv] Asgaroladi was amongst the world's wealthiest, and was named the third richest in the world and was the second wealthiest in Iran, with an estimated wealth in excess of $9 billion. [custom_adv] His business empire dates back to the 1970s and, since then, Asgaroladi became one of the leading exporters of dried fruits, nuts and spices. [custom_adv] Asgaroladi was the president of Hasas Co. which is the leading exporter of nuts and pistachios from since 1953. [custom_adv] Asgaroladi increased his wealth dramatically in the 90's when there were two official exchange rates for the US dollar. [custom_adv] Those with trade license could obtain the lower exchange rate of 1750 rials but the market value of US dollars was at 8000 rials. [custom_adv] During this period his brother Habibollah Asgaroladi was the commerce minister responsible for handing out trade licenses to obtain the lower exchange rate. [custom_adv] He used his connections to obtain large quantities of US dollars at low exchange rate and resold them at the market value price for a profit of more than 300%. [custom_adv] Asgaroladi was reported as being in negotiations to purchase Air / "Homa", heavily national carrier and was quoted in media sources as wishing to acquire the Tehran International Trade and Exhibition Centre, a vast conference and exhibition centre in northern Tehran. He also owned a majority stake in three retail Chinese banks. [custom_adv] Asgaroladi was a well known member of the Iranian business community (his brother was Minister of Commerce for many years) and he held the Presidency of several international Chambers of Commerce including the Iran-China, Iran-Australia, Iran-Russia[ and Iran-Canada Chambers of Commerce. [custom_adv] According to Forbes Magazine, Asgaroladi was the secret business partner of Swiss-based US-Israeli billionaire and fugitive Marc Rich in helping bypass U.S. sanctions against after the revolution. [custom_adv] On 13 September 2019, Asgaroladi suffered a stroke and died later on the same day, at the age of 85.