Pursuits
As Kremlin Ties Turn Frosty, Oligarch Nets Owner Buys Up Brooklyn
- Prokhorov’s media company drew Kremlin ire with coverage
- U.S. share of billionaire’s holdings grows as Russia shrinks
Mikhail Prokhorov.
Photographer: Rodolfo Molina/EB via Getty ImagesThis article is for subscribers only.
On April 13, as his Brooklyn Nets were wrapping up a dismal season with a defeat at the hands of second-stringers from the Toronto Raptors -- their 61st loss in 82 games -- owner Mikhail Prokhorov left his box before the final buzzer sounded. That may have been the high point of his evening.
Hours later, the Russian billionaire got word from staff in Moscow that masked agents of the Federal Security Service had raided the offices of his headquarters and other companies -- an apparent sign of dissatisfaction at the highest levels.