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Mikhail Prokhorov
Mikhail Prokhorov Net Worth is $18 Billion. Mikhail Prokhorov is a Russian entrepreneur who has a net worth $18 billion. Not a bad pile of cash for the 44 year-old bachelor. He made his money the new-fashioned Russian way, "acquiring" the formerly st. Mikhail Dmitrievitch Prokhor...

Mikhail Prokhorov Net Worth is $18 Billion.

Mikhail Prokhorov Net Worth is $18 Billion. Mikhail Prokhorov is a Russian entrepreneur who has a net worth $18 billion. Not a bad pile of cash for the 44 year-old bachelor. He made his money the new-fashioned Russian way, "acquiring" the formerly st Mikhail Dmitrievitch Prokhorov is a Russian billionaire and owner of the American basketball team, the Brooklyn Nets. After graduating from the Moscow Finance Institute he made his name in the financial sector and went on to become one of Russia's leading industrialists in the precious metals sector. While he was running Norilsk Nickel, the company became the world's largest producer of nickel and palladium. He is the former chairman of Polyus Gold, Russia's largest gold producer, and former President of ONEXIM Group. He resigned both positions when he entered politics in June 2011.
In December 2011, Prokhorov capped a year of higher-profile political activity in Russia with the December declaration that he would run as an independent in the 2012 presidential elections. Russian prime minister and former president Vladimir Putin was the favorite in the race at the time of Prokhorov's announcement. In June 2012 he declared the est...
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Mikhail Prokhorov Latest News

Mikhail Prokhorov: The Russian Is Coming

Of all the baubles that can be bought by billionaires, none are more intoxicating than a big time sports franchise. It is the ultimate vanity project, and some owners like Jerry Jones of the Dallas ...
Posted: March 24, 2019, 5:00 pm

Bulpett: Nets on rise as they get free from Celtics obligations

He laughed. “No, Danny and I have known each other for a long time,” said Marks, who was still nearly three years away from taking the Brooklyn job when Nets owner Mikhail Prokhorov got stars in his ...
Posted: January 8, 2019, 7:01 am

Nassau Coliseum may be taken over by Taiwanese billionaire

“The revelation that Russian billionaire Mikhail Prokhorov may be selling his majority interest in the Coliseum to Taiwanese billionaire Joseph Tsai is just the latest proof that the Coliseum/HUB ...
Posted: March 29, 2019, 6:20 am

How Nets owner’s stunning transformation led to rare Kenny Atkinson extension

In his early swashbuckling days as Nets owner, Mikhail Prokhorov ran through coaches like cell phone data. It didn’t matter that Avery Johnson was the reigning Coach of the Month — Fired. As it turned ...
Posted: April 3, 2019, 6:37 pm

Another milestone for Mikhail Prokhorov’s U.S. development strategy

Mikhail Prokhorov —who has quietly pulled out of many of his Russian investments— is once again putting money into New York real estate, this time a $1.5 billion commercial and residential development ...
Posted: December 16, 2018, 6:15 pm
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