Nets Owner Mikhail Prokhorov Plans to Give Away $17B if He Wins Russian Presidency

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New Jersey Nets owner Mikhail Prokhorov desperately wants to be Russia’s next president. He pines for the position so much so, in fact, that he issued a bold proclamation during a recent interview on a state-run television show:

“I’ll sell everything, all my assets when I become president and donate almost all of the money to charity,” Prokhorov said (via Bloomberg).


Well, you can’t expect the third-richest man in Russia to become a pauper after becoming the most powerful figure in all the land. He needs to retain a smidgen of his wealth to pay bills and maybe go out once in a while. You know, for the essentials. And in Prokhorov’s world, the essentials run him around $1 billion.

“I’ll need something to live on,” Prokhorov insisted.

Of course he does.

Still, giving away $17 billion of the $18 billion that the metals companies boss has amassed over a lifetime isn’t too shabby an offer. Too bad it’s contingent on something has virtually no shot at coming to fruition. Nearly all polls have current Prime Minister Vladimir Putin earning a decisive victory at this point in time, and that’s unlikely to change before Election Day.

As per Bloomberg:

A Jan. 28-29 poll of 3,000 likely voters showed Putin winning 46 percent of the March 4 poll, followed by Zhirinovsky and Communist leader Gennady Zyuganov at 9 percent, Prokhorov at 5 percent and former Putin ally Sergei Mironov at 3 percent, the Moscow-based Public Opinion Foundation, known as FOM, said on its website today, without giving a margin of error.

Ouch. Sorry, charities.

It’s the thought that counts, right?

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