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TAPOUT Forbes Profile: Tapping into Wealth

Below is an outstanding video on the behind the scenes rise of MMA apparel brand TAPOUT. Co-founder Dan Caldwell is interviewed and details the beginnings of the company and the various problems he faced, like credit card companies halting expansion once large amounts of orders began rolling in. Not having a business model at the time, Dan sought the help of music Mogul Marc Kreiner who actually co-signed with his own money to get the credit card companies off their back. With the help of the reality TV show The Ultimate Fighter boosting the popularity of MMA, Tapout reaped the benefits of staying loyal to this previously unknown sport. The company is now represented by talent agency CAA, has 160 employees and generates over $200 million in sales .

Read more about the TAPOUT Brand HERE.

Heavy Lifting for Russian Billionaire Mikhail Prokhorov

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.