Does Mikhail Prokhorov Dead or Alive?
As per our current Database, Mikhail Prokhorov is still alive (as per Wikipedia, Last update: May 10, 2020).
🎂 Mikhail Prokhorov - Age, Bio, Faces and Birthday
Currently, Mikhail Prokhorov is 59 years, 7 months and 22 days old. Mikhail Prokhorov will celebrate 60rd birthday on a Saturday 3rd of May 2025. Below we countdown to Mikhail Prokhorov upcoming birthday.
Popular As |
Mikhail Prokhorov |
Occupation |
Investments |
Age |
58 years old |
Zodiac Sign |
Gemini |
Born |
May 03, 1965 (Moscow, USSR, Russia) |
Birthday |
May 03 |
Town/City |
Moscow, USSR, Russia |
Nationality |
Russia |
🌙 Zodiac
Mikhail Prokhorov’s zodiac sign is Gemini. According to astrologers, Gemini is expressive and quick-witted, it represents two different personalities in one and you will never be sure which one you will face. They are sociable, communicative and ready for fun, with a tendency to suddenly get serious, thoughtful and restless. They are fascinated with the world itself, extremely curious, with a constant feeling that there is not enough time to experience everything they want to see.
🌙 Chinese Zodiac Signs
Mikhail Prokhorov was born in the Year of the Snake. Those born under the Chinese Zodiac sign of the Snake are seductive, gregarious, introverted, generous, charming, good with money, analytical, insecure, jealous, slightly dangerous, smart, they rely on gut feelings, are hard-working and intelligent. Compatible with Rooster or Ox.
Some Mikhail Prokhorov images
Famous Quotes:
Banks holding government funds earned handsome fees and paid minimal interest at a time when inflation was in the triple digits.
Awards and nominations:
In August 2006, he was awarded the Order of Friendship for his significant contribution to the growth of Russia's economic potential, when the President of the Russian Federation, Vladimir Putin, signed an order for the granting of state honors on 18 August 2006. In March 2011, he was bestowed with the French Legion of Honour.
Biography/Timeline
1989
In 1989, Prokhorov graduated from the Moscow Finance Institute. From 1989–92, he worked in a management position at the International Bank for Economic Cooperation. Thereafter he shortly served as head of Management Board of the MFK bank (International Finance Company) and then the United Export-Import Bank (Uneximbank; akas: Onexim Bank; Oneksimbank), with Alexander Khloponin, a friend from college, and Vladimir Potanin, to whom he was introduced by Khloponin and who became his Business partner.
1990
In the 1990s, the Russian government needed loans to operate. Prokhorov partnered with Potanin. Their Onexim bank ran auctions for the government, in which bidders won the right to loan the Russian government money. Onexim and its affiliates were the winning bidders at the Norilsk Nickel and other auctions they conducted. The Russian government secured the loans with blocks of shares of the newly privatized state enterprises. The government never repaid the loans, and, as a result, Onexim received ownership of the collateral, which was the shares in the privatized enterprises.
1992
Prokhorov's first major financial success came at MFK, which became a depository institution for the government. The bank acquired Soviet assets in the amount of US$300 to US$400 million. Prokhorov held the post of Chairman of the Board from 1992 until 1993. In 1993, Prokhorov became the Chairman of the Board for Potanin's Onexim Bank, which, in 1993, became the paying agent for Finance Ministry bonds and a servicing bank for the City of Moscow's external economic activities. In 1994, Onexim became the depository and paying agent for Russian Treasury obligations, and in 1995, it became the authorized bank for the federal agency dealing with bankrupt enterprises.
1996
In April 1996, Prokhorov was appointed to the Board of Directors of Norilsk Nickel (which then still belonged to the state). In November 1995, Onexim Bank won 38% of Norilsk Nickel in a loans-for-shares auction for US$170.1 million, a mere US$100,000 or less than a fraction of a fraction of 1% higher than the bid starting price. At the time, Norilsk produced 25% of the world's nickel output.
2003
After selling off most of Norilsk's non-mining assets, Prokhorov moved to modernize a highly complex mining operation which required icebreakers to transport metal over the frozen Arctic region. Prokhorov invested in an innovative Finnish freighter that did not require icebreakers. Norilsk Nickel is headquartered in Moscow. Environmental and labor conditions are harsh, and pollution remains a problem; Prokhorov has invested heavily in pollution control. However, despite these efforts, the mining areas continue to suffer from a high level of pollution. He converted Norilsk's gold-mining interests into the US$8.5 billion corporation Polyus Gold, Russia's largest gold Producer. In 2003, he oversaw the acquisition of Stillwater Mining, his first international venture. He resigned as Norilsk CEO in February 2007 and declared his intention to separate his assets from those of long-time partner Vladimir Potanin. The two engaged in protracted negotiations to separate the conglomerate Interros, which the duo co-owned since the 1990s, into separate holdings.
2004
In March 2004, Prokhorov founded the Cultural Initiatives Foundation (as part of the Mikhail Prokhorov Foundation). It is headed by Prokhorov’s elder sister, Irina, a prominent Russian publisher. At one time, he financially supported CSKA Moscow's basketball, hockey and football clubs, and is a member of the Supreme Council of the Sport Russia organization. He serves as President of the Russian Biathlon Union. He is also an avid freeride/freestyle jet skier. He performs tricks on a jet ski in a professional stand-up achievement. In the 60 Minutes interview he stated that a backflip is his most impressive trick.
2006
In August 2006, he was awarded the Order of Friendship for his significant contribution to the growth of Russia's economic potential, when the President of the Russian Federation, Vladimir Putin, signed an order for the granting of state honors on 18 August 2006. In March 2011, he was bestowed with the French Legion of Honour.
2007
At a Christmas party for the Russian nouveau riche at the French Alpine resort of Courchevel in January 2007, he was arrested on suspicion of arranging prostitutes for his guests. After three days, he was released without charge. In September 2009, Prokhorov was officially cleared from this charge and the court case was dismissed. According to the French prosecutor, he had paid all expenses for the single women to travel to France, but they were not professional prostitutes or working for a prostitution agency.
2008
In September 2008, ONEXIM Group acquired 50% of Renaissance Capital, a major Russian investment bank which has reportedly encountered liquidity problems. ONEXIM purchased a small bank, renaming it IFC (for the bank which Prokhorov had run in the early 1990s). One of ONEXIM Group's divisions focuses on the development of nanotechnology investing in high-technology projects such as white LEDs. One of the key areas of development is the production of materials with ultra–tiny structures used in Energy generation and Medicine. As part of that focus, ONEXIM purchased Optogan in 2008.
2009
In July 2009, the shareholders of RBC Information Systems agreed with Prokhorov's ONEXIM Group to sell an additional 51% stake for US$80 million, half of which went to pay off debts. The deal was closed in 2010. Prokhorov has Business interests in mining and metallurgy (Polyus Gold, Intergeo, stake in Rusal), financial services (IFC-Bank, Soglassye insurance company, half of Renaissance Capital), utilities (stake in Quadra), nanotech, media (JV!) and real estate development (Open Investments).
2010
Prokhorov made headlines in early March 2010 when he was forced to forfeit a £36 million deposit he had placed on the £360 million Villa Leopolda in the French Riviera in 2008. Under French property law, once an initial sale contract has been signed, a deposit can be refunded only during a seven-day cooling-off period. On 2 March 2010, a court at Nice in France ruled that the villa's owner, 71-year-old Lily Safra, could keep the £36 million deposit, plus £1 million in interest.
2011
In December 2011, after the legislative elections, Prokhorov announced that he would contest the 2012 presidential election against Vladimir Putin as an independent. He called it at the time "probably the most important decision of my life". According to BBC Communist leader Gennady Zyuganov and opposition leader Boris Nemtsov both saw the move as inspired by the Kremlin. According to Mr Nemtsov is an attempt "to preserve Putin's regime". He collected 2 million signatures needed to allow him to run for the presidency. Prokhorov stated that he would not base his campaign on criticism of Putin. "Criticism must make up no more than 10% ... I would like to focus on the things I would do," he said.
2012
While running for President in 2012, he made a number of promises if he was to be elected. For domestic policy, Prokhorov promised to build more roads and railroad tracks, and increase the Russian standard of living to the point of it being higher than in the United States.
2014
In 2014, Prokhorov announced that he was considering moving control of his ownership in the Brooklyn Nets to one of his Russian-based subsidiaries, in an attempt to comply with Putin’s order, signed into law in 2013, that no Russian politicians should have foreign assets and equity, and that all Russian companies should be registered and pay tax locally.
2015
Prokhorov has never been married and is acknowledged as one of the world's most eligible bachelors. Shortly after purchasing the Nets, he vowed to get married if the Nets had not won the NBA championship within five years. In July 2015, he rescinded the pledge, saying that NBA Commissioner Adam Silver had "taken his place" by marrying his fiancee in May.
2016
In 2016, Prokhorov ran afoul of Putin when his media group Onexim, specifically RBC Media, published articles and news reports on the Panama Papers and Putin’s son-in-law Kirill Shamalov's connections and offshore assets. Onexim offices were raided by the Federal Security Service as well as tax department officials, in April 2016. The raids were officially described as part of an investigation into another bank but the FSB reported that tax violations were discovered at “ a number of commercial structures”.
2017
On December 7, 2017 it was reported that Russian oligarch Prokhorov paid a Russian Olympic athlete millions of rubles in hush money not to reveal Russia’s elaborate doping scheme. Prokhorov had run the Russian Biathlon Union from 2008 to 2014 and offered legal services to disqualified Russian biathletes.
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