Yuriy Kosiuk

$1.10 B

Ranked #1851 in World

About Yuriy Kosiuk

Yuriy Anatoliyovych Kosiuk, born on May 27, 1968, in Katerynopil, Ukraine, has carved a significant niche in the agricultural sector as the CEO of Myronivsky Hliboproduct (MHP). A Kyiv Food Industry Institute alumnus, Kosiuk embarked on his journey as a broker before co-founding JV "LKB" in 1992. He ventured into meat processing, leading to the foundation of CJSC Myronivsky Hliboproduct in 1998, notably introducing the "Nasha Ryaba" brand. Despite a brief political tenure as Deputy Head of the Presidential Administration in 2014, Kosiuk returned to MHP, steering it towards being the first Ukrainian agri-industrial enterprise to list on the London Stock Exchange in 2008. With a Forbes-estimated net worth of US$1.12 billion in 2016 and a title of Hero of Ukraine, Kosiuk's contributions to Ukraine's agricultural development are undeniable. Married to Olena Kosyuk, with a son, Ivan, who studied at Columbia University, Kosiuk's legacy transcends his professional achievements.

Born

May 27, 1968

Age

57 years

Source Of Wealth

Agribusiness

Industries

Food & Beverage

Citizenship

Ukraine

Residence

Kiev

Education

Bachelor of Science in Engineering, Kiev Food Industry Institute

Children

Yuriy Anatoliyovych Kosiuk was born on May 27, 1968, in Katerynopil, Cherkasy Oblast, Ukraine. There is no information available about his early years and childhood.

Yuriy Kosiuk: Family

Yuriy Kosiuk is married to Olena Kosyuk, who works as the Director of the Department of Technology, Quality, and Safety of Food Products at MHP. They have a son named Ivan, born in 2000, who studied at Columbia University in New York, USA.

Yuriy Kosiuk: Career Highlights

Yuriy Kosiuk started his career as a broker at the Kyiv Commodity Exchange in 1991. In 1992, he co-founded JV "LKB," which imported metal, grain, and gas. He invested his first earned $100,000 in his own meat processing workshop in Cherkasy Oblast, which later went bankrupt.

In 1995, Kosiuk became the President of CJSC Scientific-Technical Business Centre for Food Industry. In 1998, he founded and headed CJSC Myronivsky Hliboproduct. He introduced the "Nasha Ryaba" trademark in 2002.

In July 2014, Kosiuk resigned from the post of Chairman of the Board of MHP due to his appointment as the first Deputy Head of the Presidential Administration of Ukraine. However, he was dismissed from this position by President Petro Poroshenko in December 2014 but was appointed as an Adviser to the President. He was later re-elected as the Chairman of the Board of MHP.

Yuriy Kosiuk: Companies

Yuriy Kosiuk is the CEO of the agricultural company MHP. He is also the founder and former head of CJSC Myronivsky Hliboproduct.

Yuriy Kosiuk: Major Achievements

Under Kosiuk's leadership, Myronivsky Hliboproduct became the first Ukrainian agri-industrial enterprise listed on the London Stock Exchange in 2008. The company increased its production capacity by 30% during the 2008 crisis and maintained the same growth in 2009. In 2010, Kosiuk sold approximately 10% of MHP shares, retaining about 65% ownership, with the remaining 35% floated on the London Stock Exchange. By 2011, the company's capitalization reached about $2 billion.

Yuriy Kosiuk: Awards & Achievements

Yuriy Kosiuk was awarded the title of Hero of Ukraine in 2008 for his contributions to the development of the agricultural sector and the implementation of modern technologies.

He has consistently been ranked among the top 10 richest people in Ukraine by Forbes Ukraine, and within the top 5 in 2015-2016. His estimated net worth was US$1.12 billion by Forbes in March 2016 and $769 million by Focus magazine in April 2016.

Yuriy Kosiuk: Personal Life & Legacy

Yuriy Kosiuk is known for his philanthropic activities. He has donated to various charitable causes, including the construction of churches and schools. He is also a supporter of sports and has sponsored several sports teams and events.

Yuriy Kosiuk: Trivia

Yuriy Kosiuk is a keen hunter and enjoys spending time outdoors. He is also a fan of classical music and art.

Wealth History

Timeline

May 27, 1968

Yuriy Anatoliyovych Kosiuk was born in Katerynopil, Cherkasy Oblast, Ukraine.

1991

Started his career as a broker at the Kyiv Commodity Exchange.

1992

Co-founded JV "LKB", which imported metal, grain, and gas.

1992

Graduated from the Kyiv Food Industry Institute with a degree in meat and milk production process engineering.

1995

Became the President of CJSC Scientific-Technical Business Centre for Food Industry.

1998

Founded and headed CJSC Myronivsky Hliboproduct.

2002

Introduced the "Nasha Ryaba" trademark.

2008

Myronivsky Hliboproduct became the first Ukrainian agri-industrial enterprise listed on the London Stock Exchange.

2008

Awarded the title of Hero of Ukraine for his contributions to the development of the agricultural sector and the implementation of modern technologies.

2008-2009

Increased production capacity by 30% during the 2008 crisis and maintained the same growth in 2009.

2010

Sold approximately 10% of MHP shares, retaining about 65% ownership, with the remaining 35% floated on the London Stock Exchange.

2011

The company's capitalization reached about $2 billion.

July 2014

Resigned from the post of Chairman of the Board of MHP due to his appointment as the first Deputy Head of the Presidential Administration of Ukraine.

December 2014

Dismissed from the post of Deputy Head of the Presidential Administration by President Petro Poroshenko but was appointed as an Adviser to the President.

2015-2016

Consistently ranked among the top 10 richest people in Ukraine by Forbes Ukraine, and within the top 5 in 2015-2016.

March 2016

Estimated net worth of US$1.12 billion by Forbes.

April 2016

Estimated net worth of $769 million by Focus magazine.

Yuriy Kosiuk : FAQs

What is Yuriy Kosiuk's net worth?

As of 2020, Yuriy Kosiuk's net worth was $1.10 billion.

What are Yuriy Kosiuk's main sources of wealth?

Yuriy Kosiuk's main source of income comes from Agribusiness.

In which industry does Yuriy Kosiuk primarily operate?

Yuriy Kosiuk is primarily involved in the Food & Beverage industry.

What is Yuriy Kosiuk educational background?

Yuriy Kosiuk holds a Bachelor of Science in Engineering from Kiev Food Industry Institute.

How old is Yuriy Kosiuk?

Yuriy Kosiuk is 57 years old.

How many children does Yuriy Kosiuk have?

Yuriy Kosiuk has 1 children.

Who is Yuriy Anatoliyovych Kosiuk and what is his role in MHP?

Yuriy Anatoliyovych Kosiuk, born on May 27, 1968, in Katerynopil, Cherkasy Oblast, Ukraine, is the CEO of the agricultural company MHP, renowned for increasing its production capacity significantly and leading it to be listed on the London Stock Exchange in 2008.

What are some of the key achievements in Yuriy Kosiuk's early career?

Yuriy Kosiuk graduated from the Kyiv Food Industry Institute in 1992 and co-founded JV "LKB" in 1992. He invested his first $100,000 in a meat processing workshop in Cherkasy Oblast and became President of CJSC Scientific-Technical Business Centre for Food Industry in 1995.

How did Yuriy Kosiuk contribute to the growth of MHP?

Yuriy Kosiuk founded CJSC Myronivsky Hliboproduct in 1998, introduced the "Nasha Ryaba" trademark in 2002, and led the company through significant expansions, including a 30% production increase during the 2008 crisis and its listing on the London Stock Exchange in 2008.

Can you detail Yuriy Kosiuk's involvement in Ukrainian politics?

Yuriy Kosiuk resigned as Chairman of the Board of MHP in July 2014 for his appointment as the first Deputy Head of the Presidential Administration of Ukraine. Though dismissed in December 2014 by President Petro Poroshenko, he was appointed as an Adviser to the President and later re-elected as the Chairman of the Board of MHP.

What recognitions has Yuriy Kosiuk received for his contributions?

Yuriy Kosiuk was awarded the title of Hero of Ukraine in 2008 for his significant contributions to the development of the agricultural sector and the implementation of modern technologies. He has also been consistently ranked among the top 10 richest people in Ukraine by Forbes Ukraine, with an estimated net worth of US$1.12 billion by Forbes in March 2016.