Net Worth: $13.2 Billion
- Source of Wealth Businessman, Owner of New Jersey Nets
- Nationality Russia
About Mikhail Prokhorov
Russian billionaire entrepreneur and owner of the American basketball team, the New Jersey Nets, Mikhail Dmitrievitch Prokhorov, has a net worth of $13.2 billion as of March 2012, according to Forbes list of billionaires. In 2011, Mikhail Prokhorov was the third richest person in Russia with $18 billion and the 39th richest person in the world and he is one of New York’s most intriguing moguls. While he was busy campaigning against Vladimir Putin, his net worth has taken a beating. Prokhorov is now worth between $12 billion and $13 billion, down from $18 billion. The six-foot-eight bachelor and martial arts buff made his fortune in metals and banking back in Russia, but here in the U.S he’s best known for his efforts to build the New Jersey Nets, which he bought in 2009, into an NBA contender. He is also publishing a Russian-language magazine, Snob, in the U.S. Back home, Prokhorov is spending $200 million to help make Russia’s first hybrid, the Yo. Mikhail Prokhorov was born in Moscow on May 3, 1965.