Gothamist

A non-profit newsroom, powered by WNYC.

Gothamist

WNYC Listen Live

Donate

 

 

News

Billionaire NJ Nets Owner Will Run For President Of Russia


By

Christopher Robbins

Published Dec 12, 2011

Modified Dec 12, 2011


Share

FacebookTwitterRedditEmail


Never miss a story

 Email address

By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .

Nets billionaire owner Mikhail Prokhorov, starring in "From Russia With Dunk"

 


By

Christopher Robbins

Published Dec 12, 2011

Modified Dec 12, 2011


Share

FacebookTwitterRedditEmail


We rely on your support to make local news available to all

Make your contribution now and help Gothamist thrive in 2026. Donate today

Gothamist is funded by sponsors and member donations

Russians—urbane, successful Russians—aren't happy that Vladimir Putin will likely be their next president, again. Over 30,000 took to Red Square over the weekend to protest against ongoing election-tampering and the sense of inevitability that Putin's party, United Russia, will rule in perpetuity. But billionaire oligarch and majority owner of the New Jersey Nets Mikhail D. Prokhorov, announced that he will collect the 2 million signatures needed to run as an independent in March. “I made a decision, probably the most serious decision in my life: I am going to the presidential election," Prokhorov said at a press conference.

This summer Prokhorov was removed by the Kremlin as the head of the pro-business Just Cause party, and he describes his candidacy as a continuation of his ambitions. “It is not in my nature to stop halfway. So for the last two and a half months we sat and worked, very calmly and quietly, and we created all the infrastructure to collect two million signatures."

The last billionaire who took on Putin publically, Mikhail Khodorkovsky, was thrown in prison indefinitely for charges that many believe to be completely fabricated. Prokhorov is undeterred. “I think that our society is waking up, and that part of the government which is not capable of establishing a dialogue with society, those authorities will have to go."

Like many of Russia's oligarchs who made their money in the aftermath of the fall of communism, Prokorov was criticized for slashing the workforce at his nickel plant and backing out of several high-stakes business deals. “When you are the C.E.O. of Norilsk Nickel, you are president of a country,” he told Times Magazine last year. Despite having a fortune worth over $22 billion, Prokhorov "lived in an apartment known as a khruschoba, a play on the Russian word for 'slum.'" Fun fact that hopefully showcases his tenacity/love for tank-tops and not his style of governing: one of his favorite movies is First Blood. “I love Rambo—every five or seven years I watch it again”

Tagged

elections

new jersey nets

oligarchs

russia

vladimir putin


Christopher Robbins

Twitter

Christopher Robbins is a New York City reporter covering transportation, affordable housing, local politics, and criminal justice. His work has also appeared in New York Magazine, The Village Voice and The New York Times. Chris is a graduate of Patrick Henry High School in Roanoke, Virginia, and enjoys biking to Fort Tilden in the summertime.

Read more

Gothamist is funded by sponsors and member donations


Gothamist is funded by sponsors and member donations


MORE news

Deer are all over New Jersey roads looking for sex, state officials warn

Mid-October through mid-December is deer mating season, which can be a danger to drivers as the sex-seeking creatures cross roadways throughout the Garden State.

By

Rosemary Misdary

Published Oct 16, 2026 at 4:22 p.m. ET


Man messaged 'I got straight poison' before giving NYC college students fentanyl, feds say

A transcript from an April court hearing sheds new light on what transpired at Fashion Institute of Technology.

By

Samantha Max

News

Man messaged 'I got straight poison' before giving NYC college students fentanyl, feds say

A transcript from an April court hearing sheds new light on what transpired at Fashion Institute of Technology.

By

Samantha Max


Inside the plan to fix the nearly collapsed Pfizer Building, 1/64th of an inch at a time

By

David Brand

School bus carrying autistic students got lost in Brooklyn for 4 hours last year

By

Jessica Gould

NYC’s bridges can last 'forever,' if we take care of them

By

Clayton Guse


Never miss a story

Catch up on the most important headlines with a roundup of essential NYC stories, delivered to your inbox daily.

Sign upEmail address

By submitting your information, you're agreeing to receive communications from New York Public Radio in accordance with our Terms .