Comments Off on Mikhail Prokhorov: Get To Know the New Jersey Nets’ Russian Billionaire
Who is Mikhail Prokhorov?   In short, the Russian billionaire is a self-made entrepreneur climbing all the way to No. 40 on Forbes’ list of the richest men in the world.   Prokhorov built his fortune—estimated anywhere between $9.5-$17 billion—as a leading industrialist in Russia’s precious metal sector.   He is the former owner of Norilsk Nickel and current chairman of Polyus Gold—Russia’s largest gold producer—and president of Onexim Group.   So why is his name in the sports section?   Prokhov has now diversified his investments to include hardwood, instead of just precious metals.   In September 2009, 44-year-old Prokhorov made an offer to buy 80 percent of the controlling interest of the New Jersey Nets, as well as ...

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