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Mahmoud Ahmadinejad: Iran's Controversial Hardliner Dies at 69

Yahoo Finance •
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Mahmoud Ahmadinejad, Iran's hardline president from 2005 to 2013, has died at age 69, leaving behind a legacy of economic turmoil and international confrontation. The former Tehran mayor rose from obscurity to power through conservative backing and Supreme Leader support, winning a surprise victory in the 2005 presidential runoff.

During his presidency, Ahmadinejad's populist economic policies backfired spectacularly, triggering capital flight, soaring inflation, and unemployment. His administration funneled billions in oil revenue to Revolutionary Guard allies while launching controversial initiatives like the 'Love Fund' and raising the minimum wage by 60 percent. The economic mismanagement pushed 20 percent of Iranians below the poverty line by 2009.

Ahmadinejad's international provocations defined his tenure, from Holocaust denial to threatening Israel's existence and defending Iran's nuclear program. His 2009 reelection sparked massive protests that were violently suppressed, marking the beginning of his political decline. Though he attempted a political comeback years later, Ahmadinejad was ultimately sidelined under the more moderate Hassan Rouhani, who signed the 2015 nuclear deal that Ahmadinejad had long defied.