Nets’ Owner Mikhail Prokhorov Says He’ll ‘Sell Everything’ if He Becomes Russia’s President


Mikhail Prokhorov wants to become the president of Russia so badly that he claims he’d give away much of his personal fortune, while selling off all his businesses (including the New Jersey/Brooklyn Nets). From Bloomberg: “Mikhail Prokhorov, Russia’s third- richest man, said he’ll give $17 billion of his $18 billion fortune to charity if he defeats Prime Minister Vladimir Putin and three other candidates to win the presidency next month. ‘I’ll sell everything, all my assets when I become president and donate almost all of the money to charity,’ Prokhorov said during a talk show with fellow candidate Vladimir Zhirinovsky that was broadcast on state-run television late. Prokhorov, who owns the New Jersey Nets basketball team in the U.S. and stakes in Russian metals companies United Co. Rusal (486) and Polyus Gold International Ltd., said he’d need the remaining $1 billion for personal expenses after life in the Kremlin. ‘I’ll need something to live on,’ Prokhorov, 46, said.”

(H/T: CSTB)