The Russian is coming. Nets owner Mikhail Prokhorov will be spending more time in the US now that he’s moved some of his billions from Moscow to Brooklyn, sources say.
Prokhorov sold off his $2 billion stake in Uralkali, the world’s biggest potash mining company, after Russian police raided his offices in April.
The 6-foot-8 bachelor has increased his holdings in the US, buying control of Nassau Coliseum last year. In December, he became the sole owner of Barclays Center and the Nets.
“Prokhorov will be more and more in New York,” one source told me. “It doesn’t matter that he doesn’t have an apartment here. He is happy at his penthouse at the Four Seasons that he always books.”
As I reported five months ago, Prokhorov got on Vladimir Putin’s bad side when a newspaper he partly owns named members of the Kremlin’s inner circle who turned up in the Panama Papers — a list of tax avoiders with money in offshore accounts.
A spokeswoman for Prokhorov told me, “He continues to have a strong business presence in Russia across multiple industries, including banking, insurance, media and real estate. He is a full-time resident of Russia.”