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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, tycoon Prokhorov

MOSCOW (Reuters) - 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 a...
Posted: April 30, 2018, 10:02 am

Russian whistleblower seeks dismissal of libel lawsuit filed by Nets owner Mikhail Prokhorov

Associated Press The whistleblower who exposed Russian cheating at the 2014 Olympics filed a motion Monday to dismiss a libel lawsuit against him, which his lawyers portrayed as a ploy led by the Russ...
Posted: April 30, 2018, 10:31 am

Mikhail Prokhorov completes sale of minority stake in Brooklyn Nets to Joe Tsai

BROOKLYN -- Brooklyn Nets owner Mikhail Prokhorov has completed the sale of a 49 percent interest in the Brooklyn Nets to Joe Tsai. Mr. Tsai is executive vice chairman and co-founder of Alibaba Group, ...
Posted: April 12, 2018, 1:44 pm

No, Mikhail Prokhorov doesn't 'own' the Barclays Center

The recent sale by Brooklyn Nets owner Mikhail Prokhorov of 49 percent of the team to Taiwanese-Canadian businessman Joseph Tsai was announced by the Nets as not affecting the team’s arena, the “Barcl...
Posted: April 20, 2018, 6:09 am

Storyline: Mikhail Prokhorov Selling Nets?

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 ...
Posted: April 17, 2018, 1:59 am
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