Russian tycoon may run for president

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Moscow: Russian billionaire Mikhail Prokhorov has said he could run for the presidency in 2012 if his Right Cause party does well in December’s parliamentary polls. “If the party comes second, we will put forward a candidate for the presidency. I don’t rule out my own candidacy,” Prokhorov said Friday.

Prokhorov, ranked Russia’s third richest man by Forbes, with a fortune of $18 billion, formally quit business in July to go into politics and head the Right Cause party. (IANS)

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