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May 21, 2011

The Nets And Other Awesome Toys Of Billionaire Mikhail Prokhorov

Business Insider

This gloss on Nets owner Mikhail Prokhorov is mostly just a set of pictures that communicate the insight that one of the advantages of being rich is owning lots of stuff.

Americans got to know him last year, purchased an 80% stake in the New Jersey Nets, as well as 45% of their yet-to-be-built home in Brooklyn.

Of course the Nets, whom he bought for a reported $200 million, are his best toy of all.

link

NoLandGrab: With a 24-58 record, the Nets seem less than awesome.

Posted by steve at May 21, 2011 11:07 PM