clock menu more-arrow no yes

Filed under:

Prokhorov Wealth Estimate Rises to $22.7 Billion, Highest in Sports

New, comments

Marc Stein has reported that NBA officials who've seen Mikhail Prokhorov's financial statements put his wealth at $25 billion.  Now, Russia's leading financial magazine reports the Nets' owner is worth close to that number: $22.7 billion.  That's nearly $5 billion more than Finans Magazine's estimate last year.

Prokhorov diversified into communications and financial services as well as the Nets last year.  He remains Russia's second richest man, behind steel magnate Vladimir Lisin. whose worth is estimated at $28.3 billion.  He is the richest owner in sports, topping Paul Allen of the Trailblazers and Seattle Seahawks.