Name:Yuriy Kosiuk
Net Worth:$1 billion
Source of Wealth:MHP (Myronivsky Hliboproduct)
Born:May 23, 1968
Age:
Country:Ukraine
Wife:Olena Kosiuk
Children:Ivan Yuriiovych Kosiuk
Residence:Khotiv Oblast, Ukraine
Private Jet:Airbus A318 (OE-ICE)
YachtACE

Yuriy Kosiuk: Founder of MHP and a Leading Figure in Ukrainian Agriculture

Yuriy Kosiuk, also spelled Yuriy Kosyuk, is a Ukrainian entrepreneur and billionaire best known as the founder and CEO of MHP, one of the largest agricultural and food companies in Ukraine. Born in May 1968, Kosiuk built his fortune in poultry, grain, food production, and agribusiness.

He is married to Olena Kosiuk, and the couple have a son named Ivan. Over the years, Kosiuk has become one of Ukraine’s most prominent business figures, known for turning MHP from a grain and poultry business into an international food group.

Key Takeaways:

  • Yuriy Kosiuk is the founder and CEO of MHP, one of Ukraine’s largest food and agricultural companies.
  • MHP is best known for poultry production and its popular Nasha Riaba chicken brand.
  • The company also operates in grain growing, meat processing, vegetable oils, ready-to-cook food, and international food production.
  • MHP remains a dominant player in Ukraine’s poultry market, with recent reports placing its market share above 50%.
  • Kosiuk began his business career in the 1990s before founding MHP in 1998 and taking the company public in 2008.
  • His net worth is generally estimated at around $1 billion, although it has fluctuated because of the war in Ukraine, market conditions, and MHP’s share price.
  • Kosiuk was previously linked to the Lürssen superyacht ACE, which was later sold and renamed M/Y EYE.
  • He is considered one of the most influential entrepreneurs in Ukraine’s agricultural and food sectors.

MHP: A Leader in Ukraine’s Agricultural Industry

MHP, formerly known as Myronivsky Hliboproduct, is one of Ukraine’s most important agricultural and food companies. The group is active in poultry, grain, meat processing, vegetable oils, food production, logistics, and international operations.

MHP is best known for its Nasha Riaba chicken brand, one of the most recognized food brands in Ukraine. The company has long held a leading position in the Ukrainian poultry market, and recent industry reports have placed its market share at more than half of the country’s chicken market.

The company has also expanded outside Ukraine. Its international operations include Perutnina Ptuj, a poultry and food group in the Balkans, as well as a growing presence in the Middle East and North Africa. In recent years, MHP has increasingly presented itself not only as a poultry producer, but as a broader food and culinary company.

From Furniture Importer to Agricultural Mogul

Kosiuk began his business career in the early 1990s, initially working in trading and importing. His early ventures reportedly included furniture, gas, grain, and other commodities. He later shifted his focus toward agriculture, where he saw greater long-term potential.

In 1998, he founded MHP. The company grew quickly by integrating different parts of the food production chain, from grain farming and feed production to poultry breeding, processing, distribution, and retail brands. This vertical integration helped MHP control costs, improve efficiency, and become one of Ukraine’s most powerful agricultural businesses.

MHP went public on the London Stock Exchange in 2008, giving the company access to international capital and raising Kosiuk’s profile as one of Ukraine’s leading entrepreneurs.

Yuriy Kosiuk’s Net Worth

Yuriy Kosiuk first appeared on international billionaire lists in the early 2010s. His net worth has often been estimated at around $1 billion, although the figure changes depending on MHP’s share price, Ukraine’s economy, currency movements, and the impact of Russia’s invasion of Ukraine.

Forbes and other wealth-tracking publications have previously estimated his fortune at slightly above $1 billion. His wealth is mainly connected to his ownership stake in MHP and related business interests.

Frequently Asked Questions (FAQ)

What is Yuriy Kosiuk’s net worth?

Yuriy Kosiuk’s net worth is generally estimated at around $1 billion. The exact figure varies by source and market conditions. His fortune has been affected by the war in Ukraine, the performance of MHP, and broader changes in agricultural and food markets.

How did Yuriy Kosiuk become wealthy?

Kosiuk made his fortune by founding and building MHP, Ukraine’s leading poultry and food company. He developed the business through vertical integration, controlling everything from grain farming and feed production to poultry processing and consumer food brands.

MHP’s success with the Nasha Riaba brand, its strong position in Ukraine’s poultry market, and its international expansion all contributed to Kosiuk’s wealth.

Does Yuriy Kosiuk own a yacht?

Yuriy Kosiuk was previously linked to the 85-meter Lürssen superyacht ACE and her support vessel Garcon. ACE was later sold and renamed M/Y EYE.

Earlier speculation also linked Kosiuk to the superyacht Valerie, but later reports connected him more strongly to ACE. Today, ACE is no longer generally associated with Kosiuk and is known under her new name, EYE.

Kosiuk’s Impact on Ukraine’s Economy

Kosiuk’s business activities have had a major impact on Ukraine’s agricultural sector. Through MHP, he helped create one of the country’s largest food producers and exporters. The company employs thousands of people and plays an important role in Ukraine’s poultry, grain, and food supply chains.

MHP has also helped modernize parts of Ukraine’s agricultural industry by investing in large-scale production, logistics, processing facilities, and branded consumer products. Its growth has made the company an important contributor to Ukraine’s food exports and rural employment.

MHP During the War in Ukraine

Russia’s invasion of Ukraine created serious challenges for MHP and the wider Ukrainian agricultural sector. The company had to deal with disrupted logistics, export difficulties, higher operating risks, energy challenges, and the wider economic impact of the war.

Despite these pressures, MHP continued operations and remained an important food producer. The company has also reported efforts to support food security, employees, local communities, and humanitarian initiatives during the war.

Philanthropy and Social Contributions

Kosiuk and MHP have supported social initiatives in Ukraine, particularly in communities connected to the company’s operations. These efforts have included support for education, healthcare, infrastructure, local development, and humanitarian assistance.

Since the start of the full-scale war in Ukraine, MHP has also highlighted support for food security, communities, employees, and defense-related humanitarian needs. This has become an important part of the company’s public profile.

Yuriy Kosiuk: An Inspirational Success Story

Yuriy Kosiuk’s rise from trader and importer to one of Ukraine’s leading agribusiness entrepreneurs is a notable success story. By building MHP into a vertically integrated food company, he helped reshape Ukraine’s poultry and agricultural markets.

His career reflects the opportunities and risks of doing business in Ukraine, especially during periods of political and economic uncertainty. Today, Kosiuk remains one of the country’s most influential business figures and a key name in the Ukrainian food industry.

Conclusion

Yuriy Kosiuk is best known as the founder and CEO of MHP, the company behind the Nasha Riaba chicken brand and one of Ukraine’s largest agricultural businesses. His fortune, estimated at around $1 billion, is tied closely to MHP’s performance and the wider Ukrainian economy.

Although he has also attracted attention for his past links to superyachts such as ACE, Kosiuk’s main legacy is in agriculture, food production, and the development of one of Ukraine’s most important business groups. His story remains closely connected to the future of Ukraine’s food sector.

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Yuriy Kosiuk House

He was the owner of the luxury yacht Ace, built by Lurssen in 2012. But it looks like he sold the yacht, as she now has a new legal owning entity. The yacht is now named EYE.

Powered by twin MTU engines, Yacht Ace can reach a top speed of 17 knots and cruises comfortably at 11 knots. With a range of at least 4,500 nautical miles, the superyacht is perfect for long-distance voyages. Ace’s steel hull and aluminum superstructure ensure both durability and elegance.

And also the support vessel Garcon has a new owning entity. We believe Garcon is now owned by Roman Abramovich, as she is registered to the same owning company as his Amels yacht HALO.

Support Vessel Garcon


The support vessel Garcon was sold and is now owned by the legal entity WENHAM OVERSEAS LTD. This company also owns the Amels yacht HALO. And this Amels Halo is linked to Roman Abramovich.