who is the owner of the brooklyn nets basketball team
Mikhail Prokhorov Mikhail Dmitrievitch Prokhorov (Russian: Михаи́л Дми́триевич Про́хоров; IPA: [mʲɪxɐˈil ˈdmʲitrʲɪjɪvʲɪtɕ ˈproxərəf]; born 3 May 1965) is a Russian billionaire, politician, and owner of the American basketball team the Brooklyn Nets. After graduating from the Moscow Finance Institute, he worked in the financial sector and subsequently went on to become one of Russia's leading industrialists, owning major stakes in multinational corporations in the precious metals sector. While he was running Norilsk Nickel, the company became the world's largest producer of nickel and palladium. He is the former chairman of Polyus Gold, Russia's largest gold producer, and the former President of Onexim Group. He resigned both positions to enter politics in June 2011.
Denver Nuggets Ringsby sold the team to San Diego businessmen Frank Goldberg and Bud Fischer in 1972.[12] In 1974, in anticipation of moving into the NBA, and the new McNichols Arena, the franchise held a contest to choose a new team nickname, as "Rockets" was already in use by the Houston Rockets. The winning choice was "Nuggets", in honor of the original Nuggets team in Denver from 1948â€“50, the last year as a charter member of the NBA. Their new logo was a miner "discovering" an ABA ball. Goldberg and Fischer in turn sold the team to a local investment group in 1976.