Portrait of Mikhail Prokhorov

Rank #296

Mikhail Prokhorov

Net worth $11.0B

Investments · Russia

Born
May 03, 1965
Age
61
Source
Investments
Residence
Frauenfeld
Citizenship
Russia
Marital status
Single
Children
0
Education
Master of Economics, Moscow Institute of Finance

Net worth over time

Biography

  • 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 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.
  • The 6-foot-8 bachelor enjoys martial arts, skiing and windsurfing.
  • Prokhorov got Israeli citizenship in 2022.