Latest Mikhail Prokhorov Stories
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.
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.
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.
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.
A 2009 list of the richest Russians shows that individual wealth has evaporated quickly, with their net worth falling by billions compared to 2008.
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.
By Andrew E.
- totally perplexed and mixed up.