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This formed one of the reasons for the creation of the Pahlavi Foundation and the distribution of additional land to the people of some 2,000 villages inherited by his father, often at very low and discounted prices. In 1958, using funds from inherited crown estates, Mohammad Reza established the Pahlavi Foundation which functioned as a tax-exempt charity and held all his assets, including 830 villages spanning a total area of 2.5 million hectares.
