He turned to politics in 2011, assuming the leadership of the liberal Right Cause party in Russia and announcing his intention to run for parliament. Olaf Blecker for The New York Times By Chip Brown Oct. 28, 2010 The Prokhorov Effect. WGA & AMPTP could not reach an agreement Monday night. The bank acquired Soviet assets in the amount of US$300 to US$400million. In 2010 Prokhorov purchased a majority stake in the American professional basketball team the New Jersey Nets (which relocated to Brooklyn, New York, in 2012). The Russian Samovar, a recent evening, 10 p.m. Green-shaded lamps throw unappetizing light on platefuls of chicken Kiev; the theater across the street has just disgorged the Jersey Boys crowd. Wow. In Israel, he owns two private hospitals, where he has paid for the medical treatment of friends such as Alla Pugacheva. But seeing the two Russians flanked by such iconic New York figures had the same effect on me. The best and brightest of them are in exile or in jail; others, after feasting on leverage during the commodities boom, now . Hes not as smart as his sister, and he wants her approval. Most likely at Irinas urging, Mikhail has endowed a lavish literary award, a publishing house, an arts festival, and, finally, Snob. By becoming the first foreign owner of an NBA team, Prokhorov simultaneously established himself as a major figure in one of the worlds most glamorous businesses (in the world capital of the sport, no less) and a central player in New Yorks biggest real-estate drama after ground zero. So did socialite and developer Janna Bullock, until recently. UNEXIM obtained full control of Norilsk in 1997 when the government defaulted on the loan. ", Results of the presidential elections in Russia 2012, "Russian Olympians file libel suit against doping whistleblower", "Doping Whistleblower Sues Russian Olympians and Their Oligarch Backer, an N.B.A. The NBA team will fetch well over $1 billion. Why the Met Galas Karl Lagerfeld Theme Is Controversial. It looked exactly like something a dizzy nouveau riche would do. Only the last word of the four hinted at wealth. Mikhail Prokhorov, whose fortune is estimated at nearly $9 billion, ran for president of Russia against Vladimir Putin in 2012 in a stage-managed campaign sanctioned by the Kremlin. Longtime bachelor Richard Li looked like he was finally ready to settle down. [48], In May 2011, Prokhorov announced a plan to join the leadership of the Russian pro-business political party Right Cause. In . There were heirs of exiled Czarist-era blue bloods, paper-skinned, cradling their titles; youve probably met one if you ever took a ballet class. Potanin has been married twice and has seven. There he met Vladimir Potanin, who had worked for the foreign trade ministry and was eager to capitalize on the rapid privatization occurring as the Soviet Union collapsed in 1991. ", " : - www.flb.ru - "FreeLance Bureau", "Oligarchs: The First Russian Capitalists", "Russian Privatization and Corporate Governance: What Went Wrong", "Mikhail Prokhorov: The Russian Is Coming", "UPDATE 1-Russian tycoon Prokhorov agrees to sell 7 pct stake in Rusal", "Two Russian tycoons sell 3 percent of aluminum giant Rusal for $315 mi", "Prokhorov, Potanin to split Interros assets", "Profile: Mikhail Prokhorov, Russian billionaire", "Prokhorov Exits Uralkali Stake as Co-Owner Strengthens Hand", " 82,47% ", Mikhail Prokhorov is treated in Israel and does not trust the Kremlin hospital, "M: Billionaires Don't Do Guilt, A Post-Davos Conversation", "Richest Russian's Newest Toy: An N.B.A. [6] At the upstairs bar, Moscow publisher Andrew Paulson is schmoozing with PR man Ilya Merenzon. Prokhorov is the face of an altogether new kind of Russiannewer, even, than the so-called New Russians of the late ninetiesthats recently been proliferating in town. Do Not Sell or Share My Personal Information. Rossiiski Kredit Bank offered US$355million, more than twice the starting amount. ", "Russia billionaire Mikhail Prokhorov to challenge Putin", " .. He was thwarted, however, by internecine conflict that resulted in his ouster from the party. And assorted oligarchs have discovered the Waverly Inn: On a recent evening, former mining magnate Oleg Baibakov (with a young date) and Alexander Lebedev, the Aeroflot mogul who owns Londons Evening Standard and the Independent, were seen there independent of each other. [29][41] After three days, he was released without charge.
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