Konstantin Grigorishin
Ukrainian-Russian billionaire businessman and art collector
About Konstantin Grigorishin
Born 1965. Konstantin Grigorishin is a Cypriot, Russian and Ukrainian businessperson.
Konstantin Ivanovich Grigorishin (born 16 November 1965) is a Russian-Ukrainian businessman and billionaire. Business assets of Grigorishin, including energy, shipping and industrial machine-building companies, are mainly located in Ukraine. Grigorishin heads Energy Standard Group, which controls a number of enterprises in Zaporizhzhia and Ukrrichflot, as well as eight Ukrainian regional energy-distribution companies. He previously owned Sumy NPO, named after M.V. Frunze.
As of May, 2026, Ukraine is seeking an international arrest warrant for Grigorishin (Kostiantyn Hryhoryshyn), who is believed to be outside Ukraine. Biography Grigorishin was born in Zaporizhzhia and was accepted to Moscow Physical-Technical Institute (MFTI). Studied first on physical and quantum electronics faculty and then in a theoretical group named after Landau on the faculty of general and applied physics with the quarters at the Institute of Theoretical Physics at Chernogolovka town.
Upon graduation from MFTI in 1988 started to work at theoretical department of the Institute of Spectrography of the Academy of Sciences of the USSR in the city of Troitsk where in 1991 he passed PH.D defense on the topic âLight propagation in nonlinear unordered environmentsâ.
In 1992 started to do business, establishing together with a few other graduates of MFTI his first company âAragornSoftâ, which was developing system solutions in the sphere of IT-technologies. Starting from 1993 âTsentralnaya Optovaya Metallobazaâ company, established by the same partners, engaged in trading of ferrous material and ferro-alloys, soon becoming one of the biggest metal traders in the territory of CIS.
In 1995, having divided the business with former partners, together with a new partner established âSozidanieâ firm.
From 1996 to 2000, during big privatization campaign in Ukraine, Konstantin Grigorishin invested in controlling and material shareholdings of a number of metallurgic, industrial machine building, transport-logistics and energy distribution (so-called oblenergo) companies. Business assets of Grigorishin, including in energy, industrial machine building and transport-logistics sectors, mainly located in the territory of Ukraine. Grigorishin is the majority investor in established by him in 2005 Energy Standard Group, which indirectly owns material or controlling shareholdings in a number of enterprises in Zaporizhzhia and a couple of Ukrainian regional energy-distribution companies (oblenergo).
In 2007, Energy Standard Group acquired controlling shareholding in âUkrrichflotâ company.
In 2015 Russian authorities accused Grigorishin of evading taxes worth 675 million rubles, which he denies, and a criminal case against him was opened. Shortly after Grigorishin permanently moved back to Ukraine.
On 1 November 2018, Konstantin Grigorishin became one of 322 individuals against whom the sanctions were imposed by the Decree of the Government of the Russian Federation.
Assets Grigorishin claimed in 2020 that 95% of his business is concentrated in Ukrainian assets. The main assets are in industrial machine-building, shipbuilding and energy distribution sectors as well as transport-logistics company âUkrrichflotâ. In 2019, reports indicated that the ISLâs first edition was backed by an estimated US $20 million budget, financed by Grigorishinâs investment. His assets in Ukraine were blocked on 19 January 2025 by a decree of Ukrainian President Volodymyr Zelenskyy.
In energy distribution Grigorishin has controlling shareholdings in Luhansk and Vinnytsia regional energy distribution companies, the rest six oblenergo in question (Zaporizhzhia, Poltava, Sumy, Chernihiv, Cherkasy (30% ) and Ternopil) are controlled together with other shareholders, amongst which is Ihor Kolomoyskyi (starting from 2010 Poltava, Sumy and Chernihiv oblenergo were managed jointly with Kolomoyskiy. According to âEkonomicheskaya Pravdaâ, in spring 2016 preparation to divide assets has started, upon results of which Kolomoyskiy will obtain Poltava oblenergo ). From the beginning of 2000th indirectly owns investments in majority shareholdings of âZaporozhtransformatorâ (monopolist in production of Ukrainian power transformers and reactors ) and âZaporozhskiy Kabelniy Zavodâ.
According to Arseniy Yatsenyuk, Prime Minister of Ukraine in 2014â2015, Grogorishin controls Ukrainian energy sector. On January 20, 2016 on the Cabinet of Ministers session Yatsenyuk officially applied to the Security Service of Ukraine with a request to investigate connection of Grigorishin to financing of anti-Ukrainian political forces (including the Communist Party of Ukraine) and his cooperation with FSB. Grigorishin himself actively criticized Yatsenyuk whom he treated very negatively. although he denied it.
According to Grigorishin he has loaned $12 million to Arsen Avakov and Viktor Baloha, at the time both members of Our UkraineâPeople's Self-Defense Bloc, to be used to finance their 2007 Ukrainian parliamentary election campaign.
Litigations Konstantin Grigorishin, as all prominent businessmen of the end of 1990th â beginning of 2000th, suffered pressure from the side of political groups in power aimed to seize a share in his business. The main attacks here were done by Victor Pinchuk, the son-in-law of Leonid Kuchma, the President of Ukraine at the time being, by the group of Victor Medvedchuk â Ihor Surkis as well as by Ihor Kolomoyskyi.
In December 2008 filed a claim to the High Court of Justice in London against Surkis and Valentin Zgurskiy, the shareholders of âDynamo Kyivâ football club, regarding preemption right to buy 98% of shares in âDynamo Kyivâ for 32 mln USD. According to Grigorishin, he was defrauded in 2004 when he was not allowed to exercise the right of preemption.
Under the court decision, Kolomoyskiy was ordered to pay Grigorishin 15 mln USD. In June 2009, Kyiv Administrative Court of Appeal upheld the decision of the court of the first instance, which recognized the actions of the Security Service as unlawful.
In 2009 filed a lawsuit to invalidate the agreement on sale in 2006 of 61% shares in âUNTKâ company, which controls broadcasting licence of Inter TV-channel. On 26 February the Commercial Court of Kyiv ordered to arrest the shares of the TV-channel and demanded the Ministry of Interior and General Prosecutor of Ukraine's Office to investigate the circumstances of death of Ihor Pluzhnikov, the former owner of the TV-channel, and subsequent sale of controlling block of shares in December 2009 to the companies of Valeriy Khoroshkovskyi. That lawsuit was treated as one of confrontation acts between Ukrainian Prime Minister Yulia Tymoshenko and businessman Dmytro Firtash.
On April 13, 2016 at the hearing at the Moscow City Court, the investigator announced that Konstantin Grigorishin had been put on the wanted list in connection with tax evasion case for 675 mln RUB. The prosecution believes that Grigorishin together with his partner have not paid taxes for 675 934 000 RUB, and, therefore, inflicted damage to the state budget in the same amount.
On May 9, 2016, the London Court of International Arbitration decided in favor of Vadim Novinskiy and Vladimir Lukyanenko, minority shareholders of , against the majority shareholder, Konstantin Grigorishin. According to arbitration award, Grigorishin had breached shareholdersâ agreement and, therefore, is obliged to pay the plaintiffs more than 300 mln USD. Until the end of 2018 the arbitration decision was not abided, in summer 2019 Grigorishin and Lukyanenko signed the settlement agreement, under which the debt was satisfied by transfer of 29% shares in Kharkivoblenergo and Kharkivenergosbut as well as of the controlling shareholding (more than 50%+1 share) in Sumy NPO named after M.V. Frunze. In December 2019, the deal was closed. Subsequently, in October 2017 this decision was upheld by the order of the High Court of Chechen Republic, after which enforcement proceedings were commenced. In December 2017, bailiffs accompanied by the representatives of Khasan Ediev arrived at apartments and house in Moscow owned by Konstantin Grigorishin with the aim to organize eviction of said real estate and movable property located there. Moreover, the bailiffs subsequently arrested that real estate, already arrested in course of criminal case against Grigorishin.
Wealth In 2012 âForbesâ magazine estimated Grigorishin's wealth at US$1.2 billion, in 2011 â at US$1.3 billion, in 2013 â at US$1.814 billion.
In its turn, Ukrainian magazine âFocusâ in 2012 estimated total value of assets owned by Grigorishin at US$2.019 billion (7th place in the list of wealthiest Ukrainians ), in 2015 â at US$920 million (6th place ).
Interests Since 1993, Konstantin Grigorishin is engaged in art collection, since 2004 on permanent basis his art collection is managed by Olga Vaschilina. By 2012, he owned 238 oil on canvas paintings and about 500 pages of graphics. Today part of his Russian collection is seized by the court.
Main sport activity of Grigorishin is swimming, where he qualified as a master at international class. In 2012, he established the Energy Standard Swim Club, where he holds the position of President. In 2013, Energy Standard Group became a sponsor of Ukrainian Swimming Federation and created prize money fund for the swimmers for upcoming World Cup. In 2018, established International Swimming League, in the first season of which world's top-tier swimmers competed in eight teams (four European and four North American). Over a decade before launching the International Swimming League (ISL), Grigorishin had already been personally involved in swimming, reportedly organising training camps and competitions. He later formalised this involvement by establishing the Energy Standard Swim Club, where he serves as president. In January 2026, the International Swimming League won a U.S. jury verdict in its antitrust litigation against World Aquatics (formerly known as FINA).
In June 2010, Grigorishin became an investor for upcoming season for âPFC Sumyâ football club at the time playing in the Ukrainian Second League and paid up club's debts of âŽ640 thousand. In February 2011, âYuvileiny Stadiumâ in Sumy was purchased for âŽ10 million where the club was based.
In 2020, acted as organizer for International Institute of Political Philosophy.
Personal life, education Married (wife â Natalia Yakos), has three children â daughter Evgenia (born 1988), son Ivan (born 1998), son Georgiy (born 2010) .
Citizen of Cyprus, the Russian Federation Cyprus citizenship revoked (2 Jul 2024)
Grigorishin was After Grigorishin gained Ukrainian citizenship in 2016 Grigorishin has a son and a daughter.
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Important facts
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Contemporaries
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Frequently asked questions
Who is Konstantin Grigorishin?
Ukrainian-Russian billionaire businessman and art collector
When was Konstantin Grigorishin born?
Konstantin Grigorishin was born on 16 November 1965 in Zaporizhzhia.
What is Konstantin Grigorishin's occupation?
Konstantin Grigorishin is a businessperson.
What nationality is Konstantin Grigorishin?
Konstantin Grigorishin is Cypriot, Russian and Ukrainian.
Sources & further reading
· Wikipedia: Konstantin Grigorishin
· DBpedia: Konstantin Grigorishin
Cite this page
APA: Biography.guide. (2026). Konstantin Grigorishin. https://biography.guide/konstantin-grigorishin/
MLA: "Konstantin Grigorishin." Biography.guide, https://biography.guide/konstantin-grigorishin/.
Chicago: "Konstantin Grigorishin." Biography.guide. https://biography.guide/konstantin-grigorishin/.
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