No Country for Young Oligarchs
This past June, Mikhail Prokhorov, one of Russia's richest men, agreed to lead a political party to contest December’s parliamentary elections, seeming to believe that his business experience would boost his political prospects. He was wrong.
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CAMBRIDGE – Mikhail Prokhorov, the owner of gold mines in Siberia and a professional basketball team in the United States, is one of Russia’s richest men, with a net worth of $18 billion. This past June, he agreed to lead a center-right political party to contest December’s parliamentary elections. Prokhorov, who is 46, seemed to believe that his business experience would boost his political prospects.