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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

Russian Doping Whistleblower Counter-sues Athletes, Russian Tycoon

Russian doping whistleblower Grigory Rodchenkov hit back at a libel lawsuit on Monday by counter-suing three Russian athletes and suing tycoon Mikhail Prokhorov, who has backed the athletes’ case, a lawyer for Rodchenkov said. Rodchenkov, former head of ...
Posted: April 30, 2018, 7:25 pm

Joseph Tsai Reportedly Buys 49 Percent Stake in Nets from Mikhail Prokhorov

Alibaba Group co-founder Joseph Tsai reportedly has purchased 49 percent of the Brooklyn Nets from Mikhail Prokhorov along with the "right to buy controlling interest in the team," according to Brian Lewis of the New York Post. The sale "would value ...
Posted: April 12, 2018, 1:23 pm

Nets owner withheld financial info to stall stake sale

This may be what Russian collusion looks like. Brooklyn Nets owner Mikhail Prokhorov saw his stake in the team rise in value by 270 percent in just three years. His stake in 2015 appears to have been bought at an artificially low price. Forest City ...
Posted: April 14, 2018, 6:43 pm

Nets owner being sued by Russian Olympics whistleblower

Nets owner Mikhail Prokhorov has been sued in New York State Court by Grigory Rodchenkov, the whistleblower who exposed Russian cheating at the 2014 Sochi Winter Olympics. “With today’s filings, the hunted becomes the hunter,” said Rodchenkov’s law ...
Posted: April 30, 2018, 7:06 pm

Moscow court to review Prokhorov’s defamation lawsuit against Navalny on June 26

MOSCOW, June 7 (RAPSI) – The Lyublinsky District Court of Moscow will hear a defamation lawsuit filed by billionaire Mikhail Prokhorov against politician Alexey Navalny on June 26, RAPSI correspondent reports from the courtroom. The lawsuit concerns a ...
Posted: June 8, 2018, 1:21 am
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