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Mikhail Dmitrievich Prokhorov (Russian: Михаил Дмитриевич Прохоров, IPA: [mʲɪxɐˈil ˈdmʲitrʲɪjɪvʲɪtɕ ˈproxərəf]; born 3 May 1965) is a Russian-Israeli businessman, politician, and former owner of the Brooklyn Nets.
4 days ago · Learn about Mikhail Prokhorov, a Russian billionaire who sold his stake in the Brooklyn Nets and ran for president in 2012. Read his net worth, personal stats, education, and Forbes Council posts on various business topics.
Aug 14, 2019 · The Russian oligarch bought the Nets for less than $400 million in 2009 and sold them for $2.35 billion in 2019, despite losing money and winning nothing on the court. His success was based on timing, luck and the NBA's labor deal that boosted team values.
- Tom Ziller
Mikhail Prokhorov, Russian businessman who made his fortune in the wake of the Soviet Union’s collapse by buying shares in formerly state-run corporations. He ran for the Russian presidency in 2012 but was defeated. He held a majority stake in the New Jersey (later Brooklyn) Nets from 2011 to 2019.
5 days ago · Learn about the net worth, biography, and milestones of Mikhail Prokhorov, a Russian billionaire who sold his stake in Norilsk Nickel and owned the Brooklyn Nets. See his latest news, ranking, and confidence rating on Bloomberg.
Aug 19, 2019 · The Russian owner stormed in on a Jet Ski, but will now exit the NBA with nothing more than a press release. Here’s a look back at his wild run with the Nets.
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The Russian billionaire and former NBA owner agrees to transfer his full ownership of the arena and his 51% stake in the team to an entity controlled by the Alibaba co-founder. Brett Yormark, the CEO of BSE Global, announces his departure after 15 years of leading the Nets move to Brooklyn and Barclays Center.
