Covid Vaccine Creates 9 New Billionaires

[flaming dragon]

https://www.oxfam.org/en/press-releases/covid-vaccines-create-9-new-billionaires-combined-wealth-greater-cost-vaccinating

 

Is this the correct place for such a posting?  It's an old article, so there might be a few more who entered that exclusive club. 

[Red Phoenix]

3 hours ago, flaming dragon said:

https://www.oxfam.org/en/press-releases/covid-vaccines-create-9-new-billionaires-combined-wealth-greater-cost-vaccinating

Is this the correct place for such a posting?  It's an old article, so there might be a few more who entered that exclusive club. 

 

 

The 9 new vaccine billionaires, in order of their net worth are: 

1. Stéphane Bancel, Moderna’s CEO (worth $4.3 billion)
2. Ugur Sahin, CEO and co-founder of BioNTech (worth $4 billion)
3. Timothy Springer, an immunologist and founding investor of Moderna (worth $2.2bn)
4. Noubar Afeyan, Moderna’s Chairman (worth $1.9 billion)
5. Juan Lopez-Belmonte, Chairman of ROVI, a company with a deal to manufacture and package the Moderna vaccine (worth $1.8 billion)
6. Robert Langer, a scientist and founding investor in Moderna (worth $1.6 billion)
7. Zhu Tao, co-founder and chief scientific officer at CanSino Biologics (worth $1.3 billion)
8. Qiu Dongxu, co-founder and senior vice president at CanSino Biologics (worth $1.2)
9. Mao Huihua, also co-founder and senior vice president at CanSino Biologics (worth $1 billion) 

      Note that 5 of those new billionaires have Moderna ties. 

On top of the new billionaires, another 8 vaccine-billionaires saw their wealth in 1 year rise with several more billion $

Also that wealth-increase is based on the early april 2021 Forbes report.  

So that's only 4 months after the very first approved and publicly administered Covid-19 vaccine was provided. 

 

[Jake44]

4 hours ago, flaming dragon said:

It's an old article, so there might be a few more who entered that exclusive club.

 

Very old indeed.  After the speculative bubble in those stocks popped, those stocks fell more than 90%.  So definitely none of those people are billionaires anymore.....

 

[Red Phoenix]

1 hour ago, Jake44 said:

 

Very old indeed.  After the speculative bubble in those stocks popped, those stocks fell more than 90%.  So definitely none of those people are billionaires anymore.....

 

The 5 Moderna guys that became billionaires overnight, are not billionaires anymore as the Moderna stock has indeed lost more than 90% of its hot air balloon value from early 2021.  But they are still very very wealthy. 

Note that the BioNTech CEO and the 3 Chinese CanSino Biologics executives are still billionaires.  

[Jake44]

9 minutes ago, Red Phoenix said:

Note that the BioNTech CEO and the 3 Chinese CanSino Biologics executives are still billionaires. 

Source?  Or is that something you just made up as usual?  

 

CanSino Biologics stock has also fallen more than 90% and is actually lower than late 2019 before covid started......