Putin's new rival: billionaire Mikhail Prokhorov

Forbes magazine says he's worth $18 billion: glamorous oligarch Mikhail Prokhorov is putting himself forward as a challenger for Russia's presidency

13th December, 2011
Putin's new rival: billionaire Mikhail Prokhorov
{ }

Billionaire Mikhail Prokhorov plans to challenge Prime Minister Vladimir Putin for the Russian presidency in March elections after the biggest anti-government demonstrations in a decade emboldened Russia’s opposition.

“This is the most important decision of my life,” the owner of the New Jersey Nets basketball team told reporters in Moscow yesterday.

Prokhorov, 46, Russia’s third-richest man with a fortune Forbes magazine estimated at $18 billion, said that he’ll seek to build...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say