MONACO (June 29, 2026) — Authorities in Monaco are investigating an explosion outside a residential building that injured three people, including prominent Ukrainian Jewish businessman and philanthropist Vadym Yermolaiev.
According to investigators, the blast occurred after a suspect allegedly left a backpack outside the building before it exploded. The individual fled the scene, and police have launched a manhunt. Officials have not yet announced a motive, and the investigation remains ongoing.
Yermolaiev, founder of the Alef Corporation and a longtime philanthropist based in Dnipro, was among those injured along with two members of his family. Officials have not released details about the extent of their injuries.
Known for his extensive charitable work, Yermolaiev has supported numerous educational, cultural, and humanitarian initiatives within Ukraine’s Jewish community. His contributions have included projects connected to Dnipro’s Menorah Center, one of the world’s largest Jewish community complexes.
Monaco authorities have secured the area while investigators examine evidence from the scene and work to identify the person responsible. No arrests have been announced.
The incident has drawn international attention due to Yermolaiev’s prominence in Ukraine’s business and philanthropic communities. Authorities continue to urge anyone with information that could assist the investigation to come forward as efforts to locate the suspect remain underway.
BREAKING: A powerful explosion has been reported in Monaco after a person allegedly dropped off bags shortly before the blast. pic.twitter.com/cWBBSnfBih
— Breaking911 (@Breaking911) June 29, 2026