Russian billionaire and Libertex founder Viacheslav Taran killed in Monaco helicopter crash

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Vyacheslav Taran

By Gerald Segal, FX News Group

29th November 2022 – (Monaco) Monaco news outlet Monaco Life (monacolife.net) is reporting that a lone passenger on a Monacair helicopter that crashed above Monaco on Friday afternoon was identified as Viacheslav Taran, the co-founder and controlling shareholder of Retail FX and CFDs brokerage brands Libertex and Forex Club.

Mr. Taran, aged 53, and the helicopter pilot were both killed in the crash.

Monaco Life reported that the EC 130 helicopter left Lausanne, Switzerland, shortly after noon. Mr. Taran was in Lausanne attending to business at crypto trading platform YouHodler SA, where he was a board member. YouHodler is run by former Libertex management board member and fellow Russian expat Ilya Volkov. Mr. Taran was also an investor and board member of Wirex, a popular app-based crypto trading and wallet platform.

The reported point of impact was on the Plateau de la Justice near the Roman road close to the Col d’Eze mountain pass, above the A8 autoroute just west of Monaco, where Mr. Taran resided.

The weather locally was reportedly good when the accident happened at about 14:00. Monaco Life reported that an investigation into the cause of the crash has been opened. A deputy public prosecutor from Nice also visited the scene, and suggested that “foul play had not been ruled out” as the reason for the crash.

The company has issued official statement, which follows below:

t is with great sadness that Libertex Group confirms the death of its co-founder and Chairman of Board of Directors, Vyacheslav Taran, after a helicopter crash that took place en route to Monaco on Friday, 25th November 2022.

The Board of Directors of Libertex Group and company employees extend their most heartfelt condolences and sympathy to the Taran family. Vyacheslav is survived by his wife Olga and three children.

Vyacheslav Taran was a fintech entrepreneur and a published author, with long-standing experience in the financial industry. In 1997, he co-founded what was to eventually become the trading and investing platform Libertex.

A well-known and highly respected businessman, described as kind-hearted, polite and humble by everyone who was fortunate enough to know him, Taran was a true visionary. His vision and direction have made Libertex what it is today: his “dream company to work for” that he often described to colleagues in speeches and internal memos as “a company whose services and products I use myself and am willing to recommend to my relatives and friends.”

Taran was also devoted to giving back to the community and always rushed to help those in need, particularly children. He co-founded Change One Life, a charitable foundation helping children from orphanages and child-care institutions to find families and live fulfilling lives. To this day, Change One Life has helped more than 30,000 orphaned children.

Vyacheslav Taran will be missed more than words can express, and everyone at Libertex will eternally be grateful for what he has accomplished.

We kindly ask that during this difficult and extremely painful time, the family’s privacy is respected.

Libertex Group would also like to extend its condolences to the family of the pilot.

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