Monaco-based potash tycoon Dmitry Rybolovlyev has bought the priciest piece of residential real estate in New York City, paying $88 million for a Manhattan penthouse. Monaco-based potash tycoon Dmitry Rybolovlyev has bought the priciest piece of residential real estate in New York City, paying $88 million for a Manhattan penthouse, the Wall Street Journal reported Thursday. Rybolovlyev purchased the apartment from a former head of Citigroup in the name of a trust for his daughter Yekaterina, a...

The Central Elections Commission on Wednesday officially registered billionaire Mikhail Prokhorov as a candidate for the March 4 presidential election. The Central Elections Commission on Wednesday officially registered billionaire Mikhail Prokhorov as a candidate for the March 4 presidential election, RIA-Novosti...

Polyus Gold International's and Polymetal International's billionaire owners are considering merging the gold miners to create the world's ninth-largest producer of the metal. The billionaire owners of Polyus Gold International and Polymetal International are considering merging the gold...

Billionaire and presidential hopeful Mikhail Prokhorov — who has presented himself as the candidate for the urban middle class — has unveiled a 15-page presidential platform that closely reflects the demands made by protesters...

... approved, but garnered less than half that in the actual election with 968,344 votes. In the present campaign, the Central Elections Commission has only accepted the signatures for Mikhail Prokhorov as valid — prompting fresh allegations that the billionaire has made a deal with the Kremlin, a charge he has denied. Yabloko activists said Monday that they doubt the quality of Prokhorov's signatures was better than Yavlinsky's. "I have seen his people collect signatures at airports and train...

... reduced due to a change in legislation. Multibillion-dollar tax claims against Yukos and the imprisonment of former officials, including its former owner, Mikhail Khodorkovsky, have been seen as a move by the Kremlin to punish a politically disobedient billionaire and solidify control over the strategic oil sector. Khodorkovsky and his business partner Platon Lebedev were jailed in 2005 for eight years on fraud and tax evasion charges. The pair was then convicted again in 2007 on charges of embezzling...

Mikhail Prokhorov, the billionaire challenging Vladimir Putin for the presidency in March, said Russia faced the danger of violent revolution if it did not break conservative resistance and move quickly to democracy. 
Prokhorov, speaking...

Nikita Mikhalkov, film director and official backer of presidential candidate Vladimir Putin, admitted during a debate that he would vote for his opponent Irina Prokhorova, sister of billionaire presidential candidate Mikhail Prokhorov, if she were on the ballot. Nikita Mikhalkov, film director and official backer of presidential candidate Vladimir Putin, admitted during a debate that he would vote for his opponent Irina Prokhorova...

Anti-corruption blogger and opposition leader Alexei Navalny could become a member of the board of Aeroflot after he was nominated to the position by billionaire Alexander Lebedev. Anti-corruption blogger and opposition leader Alexei Navalny could become a member of the board of Aeroflot after he was nominated to the position by billionaire Alexander Lebedev. Lebedev's National Reserve Bank, which...

... right, so foreigners can vote in this election. Pictures of all five candidates, Prime Minister Vladimir Putin, Communist Party leader Gennady Zyuganov, Vladimir Zhirinovsky of the Liberal Democratic Party, A Just Russia's Sergei Mironov and independent billionaire Mikhail Prokhorov, are displayed in the restaurant for those who can't remember who is taking part in the election race. Real-time results of the visitors' votes are displayed on screens in every cafe. "It is very interesting, you can...

This week, billionaire Mikhail Prokhorov and Prime Minister Vladimir Putin lined up their teams of celebrity supporters for the presidential race, with pop star Alla Pugachyova still staunchly behind Prokhorov, even if she called him a "wimp"...

If Putin gave up power at any age, he and dozens of his friends and colleagues who have become millionaires and billionaires over the past 10 years through their Kremlin-connected businesses could face serious corruption charges. This is why the best, and perhaps only, way for Putin to preserve immunity is to stay in power until...

... "traditionally has a large network" of activists and "always tries to hold protests," regardless of whether it is in an election cycle, Kynev said. The campaigns of Grigory Yavlinsky, founder of the liberal opposition Yabloko party, and billionaire Mikhail Prokhorov, widely seen as a tame pro-Kremlin candidate, have been "noticeable" mostly because of people collecting signatures in support of their bids, Kynev said. Yavlinsky and Irkutsk Governor Dmitry Mezentsev were denied...

Alexei Navalny's experience fighting corruption may benefit Aeroflot, chief executive Vitaly Savelyev said, commenting on the nomination by billionaire Alexander Lebedev of the lawyer and blogger as an independent director on the state company's board. (Bloomberg) Tele2 announced Thursday that its Russian operations added 42,000 new customers in January to a total of 20.7 million customers...

... "administrative resources" to influence voters, while Russian television extensively covers Putin's activities. The candidates are Communist Party chief Gennady Zyuganov, nationalist Vladimir Zhirinovsky, socialist Just Russia leader Sergei Mironov and billionaire tycoon Mikhail Prokhorov. (AP)

Central European Distribution Corp. will "certainly consider" Russian Standard's proposal to raise its stake in the company to 33 percent, chief executive William Carey said. Russian Standard, controlled by billionaire Roustam Tariko, seeks to convert $103 million of bonds into shares in the vodka producer that owns the Zubrowka and Parliament brands, as well as buy new stock, Tariko wrote in a letter to CEDC's board of directors Wednesday. "We will...

...," he begins. "Somebody always has to be first. That person says, 'We need to develop in this way,' and nobody believes him; they're suspicious of him. Nobody believed Steve Jobs or Bill Gates at first." Whether Mikhail Prokhorov, the billionaire presidential candidate, is the visionary leader he claims to be or a Kremlin ploy has been one of the most-discussed questions of the political season. If Prokhorov is independent, it could mean that the Kremlin is opening the political playing...

Rostelecom will use its $500 million share buyback program to buy 3.1 percent of its shares from billionaire Suleiman Kerimov at a 9 percent premium to market prices, Kommersant reported Thursday, citing people close to the company. Kerimov bought the stake for 13.7 billion rubles ($435.3 million) and is expected to sell it to Mobitel, Rostelecom's...

... damaging his reputation. He said he would appeal the ruling. The newspaper said Rothschild flew the then-European Union Trade Commissioner Peter Mandelson from the 2005 World Economic Forum in Davos, Switzerland, to Moscow, seeking to impress aluminum billionaire Oleg Deripaska by unexpectedly bringing Mandelson to a dinner with bosses from U.S. aluminum company Alcoa. High Court Judge Michael Tugendhat said Rothschild was "seeking to please" Deripaska and Mandelson. (Reuters)

... than 50 percent of the vote. Putin is far ahead his rivals in terms of voter support, with Communist Party candidate Gennady Zyuganov in second place at 10.3 percent and Liberal Democratic Party candidate Vladimir Zhirinovsky in third at 8.2 percent. Billionaire businessman Mikhail Prokhorov polled at 4.6 percent, an increase of 2.3 percent from a month before, overtaking A Just Russia candidate Sergei Mironov, for whom 3.3 percent of those polled said they would vote. The poll by VTsIOM asked the...