Who Is Prokhorov
Prokhorov is a Russian-born billionaire and former presidential candidate known for his leadership at Norilsk Nickel and ownership of the Brooklyn Nets. He was born in Moscow and rose to prominence during the 1990s privatization wave, becoming one of Russia’s most recognizable oligarchs. His career spans metals, mining, finance, sports, and politics, with major deals in Russia, the United States, and Europe Forbes profile.
As of the latest Forbes billionaires data, Prokhorov remains one of Russia’s wealthiest individuals, with his net worth shaped by stakes in Norilsk Nickel, precious metals holdings, and strategic investments. His wealth has fluctuated with metals prices, sanctions, and geopolitical shifts, but he continues to maintain significant assets and business interests across multiple jurisdictions Forbes profile.
Prokhorov’s Major Companies and Investments
Norilsk Nickel is the centerpiece of Prokhorov’s business empire, making him one of the world’s largest producers of palladium and nickel. He previously held a controlling stake in the company, which operates mines in Siberia and smelting facilities across Russia, and he remains a major shareholder with significant influence over strategic decisions Norilsk Nickel official site.
Beyond metals, Prokhorov has invested in financial services, media, and sports, including the Brooklyn Nets and the Barclays Center in New York. His investment vehicle, Onexim Group, has been involved in banking, insurance, and real estate, while his portfolio includes stakes in companies focused on mining, energy, and technology Norilsk Nickel official site.
Prokhorov in Politics and Public Life
Prokhorov ran for president of Russia in 2012 as an independent candidate, positioning himself as a liberal alternative to the established political establishment. His campaign focused on anti-corruption, economic modernization, and closer ties with the West, though he ultimately placed third in the election and later stepped back from active political competition Britannica entry.
In recent years, Prokhorov has maintained a lower public profile amid sanctions, regulatory changes, and shifts in Russia’s political landscape. He continues to manage his business interests and philanthropic activities, with ongoing involvement in Norilsk Nickel governance and international investment projects Britannica entry.