CHANGE MARKET : LOS ANGELES
Mikhail Prokhorov’s Automobile Venture
The richest man in Russia, Mikhail Prokhorov is hoping to become the newest owner of the New Jersey Nets NBA franchise, but he is also planning to release a new car through Onexim Group. The ambitious tycoon’s project is reportedly an “advanced technology vehicle,” which can either mean that the car will be a hybrid or perhaps a completely electric ride.
His project will be built in Russia’s Yarovit Motors, and Onexim is putting down an estimated $141 million investment to get the project going. The ultimate goal is to put this vehicle on the road for the low price of $12,500 each, causing it to compete with brands like Volkswagen and General Motors.
Jan 29, 2010 12:15 PM
Mikhail Prokhorov is the owner of the New Jersey Nets, the third richest man in Russia and Vladimir Putin’s presidential opponent. For $325,000 per week you can enjoy all the comforts of his luxurious yacht.
Mikhail Prokhorov is the billionaire owner of the N.J. Nets basketball team and he has just announced his intentions to run against Vladimir Putin in the upcoming presidential election.
Russian billionaire Mikhail Prokhorov has begun a new business venture with the purchase of a controlling stake in the liberal Dozhd television channel.
Russia’s Renaissance Group – jointly owned by Russian billionaire Mikhail Prokhorov and New Zealand’s Stephen Jennings – is planning elaborate investment plans in Africa, which would fortify the company’s foothold across the continent and strengthen its potential economic renaissance.
The Russian billionaire has set an even higher goal by announcing he will challenge Vladimir Putin in next year's presidential election in Russia
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Like the cherry on top, superyachts need that one final touch to complete it. RS Sailing will soon be launching their RS Venture sailing dinghy – the perfect accompaniment to your haute yacht. With versatility in mind, the multi-role family dinghy is 16 feet in length and capable of fitting up to ...
Straight from the streets of Moscow, Mikhail Prokhorov took the stage, mic in hand; he started to spit rhymes, tapping his feet to the beat and fist pumping in ecstasy. “I am real Russian Eminem,” Prokhorov declared.
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