Mikhail Dmitrievitch Prokhorov (Russian: Михаил Дмитриевич Прохоров; born May 3, 1965) is a self-made Russian billionaire entrepreneur and owner of the New Jersey Nets. After graduating from the Moscow Finance Institute he made his name in the financial sector and went on to become one of Russia's leading industrialists in the precious metals sector. While he was running Norilsk Nickel, the company became the world's largest producer of nickel and palladium. He is currently chairman of Polyus Gold, Russia's largest gold producer, and President of Onexim Group. Prokhorov is one of the richest men in Russia and the 39th richest man in the world according to the 2010 Forbes list with an estimated fortune of $13.4 billion.In 1989, Prokhorov graduated with honors from the Finance Academy under the Government of RF, known at the time as the Moscow Finance Institute. From 1989 to 1992, Prokhorov worked in a management position at the International Bank for Economic Cooperation, and afterwards shortly served as head of Management Board of the International Finance Company (MFK). In 1993, aged 28, during the largely un-regulated privatization of former state-controlled industries after the fall of Communism, Prokhorov (together with Vladimir Potanin) engineered the acquisition of Norilsk Nickel by Onexim Bank, of which he was then chairman of the board
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