Konstantin Kagalovsky

Konstantin Grigoryevich Kagalovsky (; born 13 October 1957) is a Russian businessman. He is the former vice-president of the oil company Yukos and a key Yukos shareholder, former deputy chairman of Bank Menatep, and the former Russian representative to the International Monetary Fund (IMF). Kagalovsky claims to be the owner of the Ukrainian TV channel TVi.

Beginning in 1980, Kagalovsky worked in research institutes of the USSR State Planning Committee (Gosplan) and the USSR Academy of Sciences . In 1989, he founded and led the International Center for Research on Economic Reforms .

In November 1991, he became Russia's representative on international financial matters and between October 1992 and 1995, he was Russia's representative to the IMF. (He became the Russian Federation's plenipotentiary representative to both the International Monetary Fund and the World Bank from 1990 to 1991.) In opposition to Menatap's bid for Yukos, Alfa-Bank of the Alfa Group tried to get financial support from Marvin Davis's Martin Oil but failed because Kagalovsky flew to Los Angeles and talked Davis out of it.

In 1999, he, his wife Natasha Kagalovsky, an executive at the Bank of New York, and Bruce Rappaport, a major shareholder of Bank of New York were accused of money laundering, however they denied any wrongdoing, and charges were never filed.

In September 2003, he unsuccessfully ran for a position in the Duma under the party Yabloko, however Yabloko failed to overcome the five percent barrier which was required for parties to be considered. At the time, he was the second richest man to run for office in the Fourth Duma Session.

In September 2004, he headed a UK-based investor consortium that attempted to buy shares in Yukos from its former head Mikhail Khodorkovsky in order to pay off its debts. The ruling Maktoum family of Dubai, United Arab Emirates offered to pay US$10 billion to pay off Yukos' tax debts in exchange for controlling stock in the company. However, the Kremlin refused this proposal.

Today, he lives in exile in London. He and fellow Russian oligarch Vladimir Gusinsky launched a TV station TVi in Ukraine in 2008. They split due to a business dispute, and currently, Kagalovsky controls and continues to fund TVi on his own. On 24 April 2013 Oleksandr Altman was officially registered as TVi's owner but according to Kagalovsky the documents showing that he sold the station were forged.

He is known to be an associate of many Russian oligarchs, including Roman Abramovich, Eugene Shvidler, Mikhail Khodorkovsky, and the late Boris Berezovsky.

Personal life He lives in London and owns properties at New York City's Time Warner Center, Moscow, Rome and on the French Riviera.

He is married to ex-Bank of New York executive Natasha (née Gurfinkel) Kagalovsky (b. 1954, Leningrad, USSR) with whom he has a son. She has equivalent to bachelor's and master's degrees from Leningrad State University. She is very close to Semion Mogilevich who allegedly instructed Natasha Kagalovsky to wire transfer Cali cartel funds from Bank of New York accounts though Brazilian banks to offshore shell companies.

He is of Jewish descent.