Mikhail Prokhorov, New Jersey Nets owner and one of third-richest man, announces that he will run for president of Russia in March's presidential elections at a press conference on Monday. He also challenges Russia former President and current Prime Minister Vladimir Putin for the control of one of the world's most powerful nations with 142 million people. During the conference, he states, “I made a decision, probably the most serious decision in my life: I am going to the presidential election”. In order to win the presidency of Russia, Mikhail Prokhorov is launching the full-court press against the most dominant player Prime Minister Vladimir Putin.
While it is sill unclear of how the self-made billionaire Prokhorov might prove to be, let have a look at his net worth and properties. According to Forbes magazine, Prokhorov’s wealth is estimated at $18 billion. Along with reputation in business during the economic chaos of the 1990s after the Soviet Union collapsed, the 46-year-old bachelor Mikhail Prokhorov is well-known for lavish parties and occasional scandal. Mikhail Prokhorov began his fortune in metals and banking and became majority stakeholder in the New Jersey Nets last year.

Mikhail Prokhorov, Russia's tycoons and New Jersey Nets basketball team owner, is seen during a press conference in Moscow, Russia on 12 December 2011 while he announces his candidacy to run against Russian Prime Minister Vladimir Putin in the March 2012 presidential election

Mikhail Prokhorov, who is the third richest man in Russia and 32nd richest man in the world, is currently chairman of Polyus Gold, Russia's largest gold producer, and President of the ONEXIM Group

Leader of the Right Cause party Mikhail Prokhorov is seen during the charity basketball match in Moscow on September 2011

Solemar is one of the most favorite toys of Mikhail Prokhorov where he loves to organize merry parties. The yacht reportedly costs as much as $45 million

Prokhorov owns two private jets, a $45 million Gulfstream V and a $30 million Falcon 990

The intellectual billionaire Mikhail Prokhorov is owner of Snob Magazine which showcases Russian intellectualism and literature more than fashion. It will also be sold in Chicago, Boston and San Francisco

Mikhail Prokhorov bought North Island in the Seychelles chain, off the southeastern coast of Africa in the Indian Ocean in March 2011 for 25 million euros. The most beautiful in the Seychelles has a luxury private resort for the rich and their girlfriends

Mikhail Prokhorov is a real sports nut. The Russian billionaire bought New Jersey Nets for a reported $200 million
The good-looking 46-year-old eligible bachelor explained why he decided to invest the better of $250 million in buying the Nets and why he prefers basketball to soccer, “A few years ago, I had a girlfriend and she really hated sport. I spent some time in front of the TV sport and she asked me, why is basketball better than football? I was a little shocked by the question but my reply is, look, I think basketball is better than football because my team, for sure, will have some scores during the match”.

Mikhail Prokhorov with a mystery woman

A source told that Prokhorov married an unknown woman in a $10-million wedding on Maldives and divorced her one week later to win a childhood bet

Mikhail Prokhorov girlfriend picture 2011

Prokhorov is often seen hanging with the young ladies; he reportedly dated supermodel Naomi Campbell
Mikhail Prokhorov playing in a charity basketball match
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