When Reza Shah died in exile in Johannesburg, South Africa, in July 1944, he left in his account at Barclays Bank a deposit of £110,000, a considerable amount of money. Yet when he went into exile only three years earlier, Reza Shah feared he would be hard-pressed for money, if not left altogether destitute—and with good reason. He left Iran with a “horde” of progeny, family members and retainers. Before departing, he had ceded all his enormous wealth in cash and property to his son and successor. He did not remain destitute for long. His son, the new shah, continued to send him money, and for a while the British paid for a major part of his upkeep. Yet his money anxieties did not cease. This article describes and follows the winding trail of Reza Shah’s finances in exile.