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‘He isn’t political’: the Ukrainian-born oligarch targeted by a Monaco bomber

Questions remain as to why somebody would want to kill Vadym Iermolaiev, who has a personal fortune of $225m

Nobody paid much attention to the man with the backpack, as he approached the entrance to a beige-coloured Monaco apartment building. It was 9pm, Monday evening. The street – rue Révérend-Père-Louis-Frolla – is located in a quiet hillside part of the wealthy principality, close to the border with France.

The man left his bag on the front steps. Soon afterwards, the Ukrainian-born oligarch Vadym Iermolaiev emerged, together with his wife and their 13-year-old child. There was an explosion and CCTV captured an image of the suspect, wearing a black jacket and a bucket hat, running from the scene towards the neighbouring French town of Beausoleil.

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Jun 30, 2026 Monaco Europe World news

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