Mikhail Prokhorov

Mikhail Dmitrievitch Prokhorov is a Russian billionaire, political activist, and former owner of the Brooklyn Nets.

• Mikhail Prokhorov sold a 49% stake in the Brooklyn Nets to Alibaba executive Joseph Tsai in a $2.3 billion deal in 2018.
• Much of Prokhorov’s fortune stems from the 2008 sale of his stake in metals giant Norilsk Nickel.
• He has stakes in Russian power, insurance and banking sectors.
• He ran against Vladimir Putin in Russia’s 2012 presidential race, gaining 8% of the vote.
• He sold his last block of shares in UC Rusal one month before sanctions were imposed against the company by the US Treasury.