To reproduce: 
1. Add a GridViewDecimalColumn to a grid with data type int, float, decimal, double, real, money. 
2. Add few rows where one of rows contains null value. 
3. Run the form. Sort the grid by any of column with null data and you will see that the exception is thrown. 

Workaround: 
1. Use custom TypeConverter

public class CustomFloatConverter : TypeConverter
{
    public override bool CanConvertTo(ITypeDescriptorContext context, Type destinationType)
    {
        return destinationType == typeof(float);
    }

    public override object ConvertTo(ITypeDescriptorContext context, CultureInfo culture, object value, Type destinationType)
    {
        if (destinationType == typeof(float) && (value == null || value is DBNull))
        {
            return float.MinValue;
        }
        return value;
    }
}

public class CustomIntConverter : TypeConverter
{
    public override bool CanConvertTo(ITypeDescriptorContext context, Type destinationType)
    {
        return destinationType == typeof(int);
    }

    public override object ConvertTo(ITypeDescriptorContext context, CultureInfo culture, object value, Type destinationType)
    {
        if (destinationType == typeof(int) && (value == null || value is DBNull))
        {
            return int.MinValue;
        }
        return value;
    }
}

public class CustomDecimalConverter : TypeConverter
{
    public override bool CanConvertTo(ITypeDescriptorContext context, Type destinationType)
    {
        return destinationType == typeof(decimal);
    }

    public override object ConvertTo(ITypeDescriptorContext context, CultureInfo culture, object value, Type destinationType)
    {
        if (destinationType == typeof(decimal) && (value == null || value is DBNull))
        {
            return decimal.MinValue;
        }
        return value;
    }
}

public class CustomDoubleConverter : TypeConverter
{
    public override bool CanConvertTo(ITypeDescriptorContext context, Type destinationType)
    {
        return destinationType == typeof(double);
    }

    public override object ConvertTo(ITypeDescriptorContext context, CultureInfo culture, object value, Type destinationType)
    {
        if (destinationType == typeof(double) && (value == null || value is DBNull))
        {
            return double.MinValue;
        }
        return value;
    }
}

public class CustomSingleConverter : TypeConverter
{
    public override bool CanConvertTo(ITypeDescriptorContext context, Type destinationType)
    {
        return destinationType == typeof(Single);
    }

    public override object ConvertTo(ITypeDescriptorContext context, CultureInfo culture, object value, Type destinationType)
    {
        if (destinationType == typeof(Single) && (value == null || value is DBNull))
        {
            return Single.MinValue;
        }
        return value;
    }
}

2. Apply the converter to GridViewDecimalColumn

this.radGridView2.Columns["ColumnReal"].DataTypeConverter = new CustomSingleConverter();
this.radGridView2.Columns["ColumnFloat"].DataTypeConverter = new CustomDoubleConverter();
this.radGridView2.Columns["ColumnDecimal"].DataTypeConverter = new CustomDecimalConverter();
this.radGridView2.Columns["ColumnInt"].DataTypeConverter = new CustomIntConverter();
this.radGridView2.Columns["ColumnNumeric"].DataTypeConverter = new CustomDecimalConverter();
this.radGridView2.Columns["ColumnMoney"].DataTypeConverter = new CustomDecimalConverter();