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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 sells 49 percent of Nets to Joseph Tsai

Brooklyn Nets owner Mikhail Prokhorov has reportedly agreed to sell a 49 percent stake in the franchise to Joseph Tsai, the executive vice chairman and co-founder of Chinese e-commerce goliath Alibaba ...
Posted: October 27, 2017, 11:46 am

Mikhail Prokhorov accused of paying hush money in Olympic doping scandal; Nets owner denies claim

Nets majority owner Mikhail Prokhorov on Thursday denied a Wall Street Journal report that he allegedly paid hush money to a Russian Olympic athlete to keep a doping scandal secret. Prokhorov was accu...
Posted: December 7, 2017, 6:40 pm

Russia Fast Facts

March 4, 2012 – Russia’s presidential elections are held amid complaints of fraud. Putin faces off against Gennady Zyuganov, Mikhail Prokhorov, Vladimir Zhirinovsky and Sergei Mironov. March 5, 2012 – ...
Posted: August 20, 2018, 12:02 pm

Lichtenstein: Prokhorov Era Set To End With Nets Still NBA's Laughingstock

Now that Mikhail Prokhorov’s deal to sell the Nets to Joseph Tsai has been closed, according to a Forbes report, it’s time to take a look at what the Alibaba co-founder has bought from the Russian oli...
Posted: February 20, 2018, 11:50 am

Russian billionaire Mikhail Prokhorov sells Snob media

MOSCOW: Russian billionaire Mikhail Prokhorov has sold his media company, Snob Media, which publishes the liberal magazine Snob, his conglomerate, Onexim Group, said today. "Onexim Group has stopped b...
Posted: September 21, 2017, 7:25 am
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