Billionaire Russian oligarch Mikhail Prokhorov sold the Brooklyn Nets for $2.3 billion in 2019 under pressure from to prove his loyalty, according to a new report.'Putin strongly suggested he sell the Nets' and Prokhorov risked losing his fortune in Russia if he refused, a source close to the situation told the in a report on Tuesday. Prokhorov, a financial and precious metals tycoon worth an estimated $11.4 billion, first sold a 49 percent stake in the Nets to Alibaba executive Joseph Tsai for $1 billion in 2019.
Load More
Load More