Mikhail Prokhorov



Mikhail Dmitrievitch Prokhorov (born 3 May 1965) is a Russian billionaire, politician, and owner of the American basketball team the Brooklyn Nets. After graduating from the Moscow Finance Institute, he worked in the financial sector and subsequently went on to become one of Russia's leading industrialists, owning major stakes in multinational corporations 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 the former President of Onexim Group. He resigned both positions to enter 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 candidate in the 2012 Russian presidential election. He was third in the voting, amassing 7.94% of the total vote. In June 2012 he declared the establishment of the new Russian political party called the “Party of Civic Platform”. As of 2017, Forbes esitmates his wealth at $8.9 billion.
 

How Potanin's ex-wife proves that he is a billionaire

Business23.01.2015

The businessman, whose fortune is estimated at $12.6 billion by Forbes, was too modest at estimating the family assets during the divorce proceedings, according to his ex-wife.

Ministry of Industry has ordered to design a car for the President for 8 billion rubles

Officials01.12.2014

The Ministry of Industry and Trade has placed an order for the design and production of Russian-made cars for top officials.

The founder of STS is the main contender for the purchase of Vedomosti

Business19.10.2014

Peter Hervey may soon acquire the assets of Sanoma Independent Media publishing house for resale to Gazprom-Media Holding or the National Media Group.

Yevgeny Urlashov will celebrate New Year in a confinement cell

Crime01.10.2014

The Moscow City Court extended the arrest of the former mayor of Yaroslavl until January 3.

Natalia Potanina: "The proposal on divorce came as a shock"

Society28.08.2014

The former wife of billionaire Vladimir Potanin, gave an interview to Forbes Woman, saying about the finale of her marriage, children, family, and property division.

Prokhorov's Onexim Group suspended talks with Nogotkov

Business06.02.2014

Negotiations to merge the financial assets of Onexim Group owned by Mikhail Prokhorov (no. 10 in the ranking of 200 richest businessmen of Russia according to Forbes, with the personal fortune of $ 3 billion) and Svyaznoy Group of Maxim Nogotkov (no. 82; with the fortune of $1.3 billion ) into a holding company have been suspended indefinitely.

Potasic platform: why Prokhorov is buying a stake in Kerimov's Uralkali

Business18.11.2013

"The deal of the Year" should put an end to the "Potassic War" of the Russian company with Minsk. Onexim could theoretically form an alliance with one of the global players on the market of mineral fertilizers.

The buyer with the cach: Prokhorov claims Kerimov's share of Uralkali

Business26.09.2013

The new contender for the asset has not yet made an official offer. Onexim has funds to buy a batch of shares of Uralkali: in February the group earned more than $ 3.5 billion as it had sold its shares in Polyus Gold.