Russia, Mikhail Prokhorov | featured news

Billionaire to run for Russian presidency

Mikhail Prokhorov

Russian billionaire Mikhail Prokhorov said on Monday he would run for president against Prime Minister Vladimir Putin next March, weeks after falling out with the Kremlin over his abortive leadership of a small pro-business party.

 

Russia's richest man agrees to deal to buy Nets

Russia's richest man agrees to deal to buy Nets

Russia's richest man has a deal to buy a controlling interest in the New Jersey Nets and nearly half of a project to build a new arena in Brooklyn.

Mikhail Prokhorov's Onexim Group announced the deal Wednesday with Forest City Ratner Companies and Nets Sports and Entertainment.

 

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