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Latest Mikhail Prokhorov Stories

2009-09-23 13:20:00

CLEVELAND, BROOKLYN, N.Y. and MOSCOW, Sept. 23 /PRNewswire-FirstCall/ -- Forest City Enterprises, Inc. (NYSE: FCEA and FCEB) today announced that its New York-based subsidiary, Forest City Ratner Companies, Inc.

2009-05-30 13:30:48

A Russian billionaire is denying a report he intends to build a luxury resort hotel on Turkey's Aegean coast, his spokesman says. A spokesman for metals magnate Mikhail Prokhorov said Saturday there's no truth to a report published in The Milliyet daily newspaper that Prokhorov is readying plans for a seven star Turkey hotel, RIA Novosti reported. It is untrue, the spokesman said.

2009-05-22 23:04:39

A gold mining community in Siberia has received a financial boost from the richest man in Russia, who has decided to register as a resident. Mikhail Prokorov's action means that his tax payments will go to the local budget of Krasnoyarsk Territory, where the village of Yeruda is located, RIA Novosti reported.

2009-04-17 09:22:08

The global financial crisis has cost the 100 richest Russians billions of dollars in declining assets in the past year, Forbes magazine said Friday. A year ago, the total wealth of the 100 richest people in the country was tagged at $552 billion, RIA Novosti reported.

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2009-02-16 12:10:00

A 2009 list of the richest Russians shows that individual wealth has evaporated quickly, with their net worth falling by billions compared to 2008.

2009-02-01 16:46:00

NEW YORK, Feb. 1 /PRNewswire/ -- Severely weakened by the economic crisis, Russia's top metals producers are embracing a proposal to merge into one massive company.


Word of the Day
upstander
  • A person who stands up for something, as contrasted to a bystander who remains inactive.
  • One of the upright handlebars on a traditional Inuit sled.
The word 'upstander' in the first sense here is a play on the word 'bystander' and the idea of 'standing up' for something.