Mikhail Prokhorov

Mikhail Dmitrievich Prokhorov (Russian: Михаил Дмитриевич Прохоров, IPA: [mʲɪxɐˈil ˈdmʲitrʲɪjɪvʲɪtɕ ˈproxərəf]; born 3 May 1965) is a Russian oligarch, politician, and former owner of the Brooklyn Nets. In April 2022, Prokhorov reportedly obtained Israeli citizenship.

Mikhail Prokhorov
Михаил Прохоров
Prokhorov in 2013
Born
Mikhail Dmitrievich Prokhorov

(1965-05-03) 3 May 1965
CitizenshipRussia, Israel
Alma materMoscow Finance Institute
Occupation(s)Businessman, politician
Known forOwner of the ONEXIM Group and the Brooklyn Nets (2010–2019)
Height6 ft 8 in (2.03 m)
Political partyCPSU (1988–91)
Right Cause (2011)
Civic Platform (2012–15)
Awards
Signature

After the collapse of the Soviet Union, Prokhorov obtained Russian state-owned metals assets at prices far below market value in Russia's controversial loans-for-shares privatization program. His company, Norilsk Nickel, 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. As of December 1, 2021, Bloomberg Billionaires Index estimates his wealth at US$14.0 billion and has named him the 148th richest person in the world, while Forbes Magazine lists his wealth at US$11.5 billion and the 193rd richest person in the world.

In 2011, Prokhorov ran as an independent candidate in the 2012 Russian presidential election. He was third in voting, amassing 7.94 percent of the total vote. In June 2012, he declared the establishment of the new Russian political party called Civic Platform.

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