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COVID-19 vaccines create new billionaires
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Covid vaccines create 9 new billionaires
ANI
20 May 2021, 19:27 GMT+10
New Delhi [India], May 20 (ANI): At least nine people have become new billionaires since the beginning of Covid pandemic, thanks to the excessive profits pharmaceutical corporations with monopolies on Covid vaccines are making, the People s Vaccine Alliance said on Thursday ahead of a G20 leaders global health summit.
They are: Stephane Bancel, Moderna s CEO (worth 4.3 billion dollars), Ugur Sahin, CEO and co-founder of BioNTech (worth 4 billion dollars), Timothy Springer, an immunologist and founding investor of Moderna (worth 2.2 billion dollars), Noubar Afeyan, Moderna s Chairman (worth 1.9 billion dollars), Juan Lopez Belmonte, Chairman of ROVI, a company with a deal to manufacture and package the Moderna vaccine (worth 1.8 billion dollars), Robert Langer, a scientist and founding investor in Moderna (worth 1.6 billion dollars), Zhu Tao, co-founder and chief scientific officer at CanSino Biologics (worth 1
Covid vaccines create 9 new billionaires: People s Vaccine Alliance ANI | Updated: May 20, 2021 14:36 IST
New Delhi [India], May 20 (ANI): At least nine people have become new billionaires since the beginning of Covid pandemic, thanks to the excessive profits pharmaceutical corporations with monopolies on Covid vaccines are making, the People s Vaccine Alliance said on Thursday ahead of a G20 leaders global health summit.
They are: Stephane Bancel, Moderna s CEO (worth 4.3 billion dollars), Ugur Sahin, CEO and co-founder of BioNTech (worth 4 billion dollars), Timothy Springer, an immunologist and founding investor of Moderna (worth 2.2 billion dollars), Noubar Afeyan, Moderna s Chairman (worth 1.9 billion dollars), Juan Lopez Belmonte, Chairman of ROVI, a company with a deal to manufacture and package the Moderna vaccine (worth 1.8 billion dollars), Robert Langer, a scientist and founding investor in Moderna (worth 1.6 billion dollars), Zhu T
Covid vaccines create 9 new billionaires with combined wealth greater than cost of vaccinating world s poorest countries
globaljustice.org.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globaljustice.org.uk Daily Mail and Mail on Sunday newspapers.
The discovery and rollout of live-saving COVID-19 vaccines worldwide have spawned nine new billionaires, according to NGOs.
The new billionaires include five people associated with Moderna and three from CanSino Biologics, a Chinese vaccine company. Between them, the nine new billionaires have a combined net wealth of $19.3 billion (€15.8 billion), enough to fully vaccinate all people in low-income countries 1.3 times, the People s Vaccine, which comprises nine NGOs including Amnesty International, Oxfam and UNAIDS, said in a statement. Meanwhile, these countries have received only 0.2 per cent of the global supply of vaccines, because of the massive shortfall in available doses, despite being home to 10 per cent of the world s population, it added.
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