Profits continue to come before saving lives : Covid vaccines create nine new billionaires
The combined wealth of all nine comes to $19.3bn (€15.8bn) is enough to fully vaccinate some 780 million people in low-income countries 1.3 times, according to research.
Covid-19 vaccines have led to the creation of nine new billionaires with a combined wealth of $19.3bn (€15.8bn).
Tue, 25 May, 2021 - 21:08
Michelle McGlynn
Covid-19 vaccines have led to the creation of nine new billionaires and seen the wealth of eight existing billionaires skyrocket.
Moderna appear to be the big winners with five of the nine new billionaires involved with the pharmaceutical company while three are involved with Chinese vaccine company, CanSino Biologics.
COVID-19 vaccines have minted at least NINE new pharma billionaires
Their combined wealth is enough to buy shots for 780 MILLION people in low-income nations
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Email
The development and rollout of COVID-19 vaccines has minted at least nine new billionaires in the pharma industry, whose new combined wealth is enough to buy shots for a staggering 780 million people in low-income nations.
Nine executives from Moderna, BioNTech, ROVI and CanSino Biologics have hugely profited from the pandemic that has so far killed 3.4 million people worldwide, as their individual wealth soared past the billion-dollar mark over the last year.
The rich list was compiled by the People’s Vaccine Alliance, a campaign group that includes Oxfam, UNAIDS, Global Justice Now and Amnesty International, using the Forbes Rich List.
COVID-19 pandemic has turned big pharma executives into billionaires msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
COVID-19 vaccines have minted at least NINE new pharma billionaires dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.