Mikhail Dmitrievitch Prokhorov (Russian: Михаи́л Дми́триевич Про́хоров; born 3 May 1965) is a self-made 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.