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Mikhail Prokhorov

Mikhail Prokhorov
Mikhail Prokhorov IF 09-2013.jpg
Prokhorov in September 2013
Born Mikhail Dmitrievitch Prokhorov
(1965-05-03) 3 May 1965 (age 51)
Moscow, Russian SFSR, Soviet Union
Residence Moscow, Russia
Citizenship Russian
Alma mater Moscow Finance Institute
Occupation Businessman, politician
Known for Owner of the ONEXIM Group and the Brooklyn Nets
Net worth Increase US$8.9 billion (January 2017)
Height 6 ft 8 in (2.03 m)
Political party Communist Party of the Soviet Union
(1988–1991)
Right Cause
(June–September 2011)
Civic Platform (2012-2015)
Awards
Signature
Signature of Mikhail Prokhorov.png

Mikhail Dmitrievitch Prokhorov (Russian: Михаи́л Дми́триевич Про́хоров; IPA: [mʲɪxɐˈil ˈdmʲitrʲɪjɪvʲɪtɕ ˈproxərəf]; 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.

Prokhorov was born in Moscow to Tamara and Dmitri Prokhorov. He has one sibling, an elder sister, Irina. His maternal grandmother, Anna Belkina, was a prominent Jewish microbiologist who remained in Moscow during World War II to make vaccines while her daughter Tamara was moved east to safety. His paternal grandparents were relatively wealthy peasant farmers (known as kulaks) who were persecuted as class enemies under the Bolsheviks and again under Stalin. His father, one of eight children, grew up poor, after his family "lost everything and was forced to flee from one part of Siberia and restart life in another".


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