Subscribe
Home Economics For Russian Billionaires, A Full-Scale American Retreat

For Russian Billionaires, A Full-Scale American Retreat

When you purchase through our sponsored links, we may earn a commission. By using this website you agree to our T&Cs.

For Russian Billionaires, A Full-Scale American Retreat

Russian billionaire Mikhail Prokhorov caused a stir among sports fans this week with news that he might sell his majority stake in the Brooklyn Nets basketball franchise. But the $1.3 billion New York City property isn’t the only thing Prokhorov, the 12th-richest man in Russia, is backing out of. He and other wealthy Russians are suddenly…

Our Editorial Standards

At ValueWalk, we’re committed to providing accurate, research-backed information. Our editors go above and beyond to ensure our content is trustworthy and transparent.

Related news

S&P 500 Hits All-Time High as Q2 Earnings Season Kicks Off
Dave Kovaleski
Inflation rate
Inflation Falls to 3% in June – A Kickstarter for Rate Cuts?
Dave Kovaleski
Jerome Powell discussed interest rate decisions
Fed Chair Jerome Powell: “Two-Sided Risks” to Interest Rate Decisions
Dave Kovaleski
FOMC Member
There are ‘Several Reasons’ to Be Optimistic About Inflation, According to FOMC Member
Dave Kovaleski
Inflation Rates
How Low Will Inflation Rates Be One Year From Now?
Dave Kovaleski

Must Read

New

How to Invest in Stocks in 2024 – Beginner’s Guide

Investing in stocks can be a great way to improve your overall wealth – but...

23 Min Read Read now

Latest News

Stocks

Here’s Why IBM Stock is on the Move
Dave Kovaleski2 days

IBM stock was up some 6% Thursday after a solid Q2 earnings report Big Blue was in the black on Thursday as IBM (NYSE:IBM) stock rose more than 6% after...

Categories

Want Financial Guidance Sent Straight to You?

  • Pop your email in the box, and you'll receive bi-weekly emails from ValueWalk.
  • We never send spam — only the latest financial news and guides to help you take charge of your financial future.