NBA Basketball season is right around the corner and Russian billionaire Mikhail Prokhorov, the new owner of the New Jersey Nets, has much to prove with his new franchise. Prokhorov however is a veteran in turning struggling franchises into winners.
Below is a fantastic video from 60 Minutes profiling Prokhorov’s extraordinary lifestyle and previous struggles as a young businessman in Russia. Prohkorov studied at the Moscow Financial Institute, and later bought Norilsk Nickel, a huge mining and metals operation, from Kremlin leaders. Through hard work Prokorov managed to make his new company Norilsk Nickel more profitable, and sold his shares for 10 billion dollars, two months before stock market crisis. Prokhorov thus became the wealthiest individual living in Russia. Hopefully Prokhorov can apply his proven business skills to the basketball court as the Nets take on The Lakers, and the new dream team in Miami.