Nets Owner Mikhail Prokhorov Says He’ll Sell All His Assets If He Becomes President of Russia

Russian billionaire Mikhail Prokhorov speaks to the media after receiving his certificate of presidential candidate in the Central Elections Commission office in Moscow, on January 25, 2012
Mikhail Prokhorov.

When Mikhail Prokhorov announced he was running for president of Russia, an NBA spokesperson said the league didn’t have any rules against team owners holding office. But if Prokhorov were to win — and don’t hold your breath, a recent poll put him in fourth place, well behind the favorite, Vladimir Putin — he says he’d sell all of his assets and donate his money to charity. Well, most of his money, at least: He says he’d keep $1 billion of his $18 billion fortune. “I’ll need something to live on,” said Prokhorov. [Bloomberg]

Prokhorov Would Sell Nets If He Wins Election