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More pandemic profiteers: COVID-19 vaccines have minted at least NINE new pharma billionaires - and their combined wealth is enough to buy shots for 780 MILLION people in low-income nations

 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. 

Topping the list is the CEO of Moderna Stéphane Bancel who is now worth a whopping $4.3 billion after his company became the second to be granted emergency use authorization in the US for its vaccine back in December.  

CEO and co-founder of BioNTech Ugur Sahin is close behind with a wealth of $4 billion, following its collaboration on a vaccine with Pfizer. 

Other Moderna execs have also profited, with immunologist and early investor Timothy Springer now worth $2.2 billion, Chairman Noubar Afeyan $1.9 billion and scientist and founding investor Robert Langer $1.6 billion. 

Senior executives from CanSino Biologics have also become billionaires over the last year with the Chinese firm's co-founder and chief scientific officer Zhu Tao now worth $1.3 billion, co-founder and Senior Vice President QiuDongxu worth $1.2 billion and co-founder and Senior Vice President Mao Huinhoa $1 billion.

CanSino has developed a one-shot vaccine that was approved for use in China this February. 

The ninth newfound billionaire is ROVI Chairman Juan Lopez-Belmonte, who is now worth $1.8 billion. Spanish contract drugmaker Rovi makes bottles for Moderna's vaccine and last month reached a new deal to start making its active ingredients. 

Together, the industry's nine new billionaires are worth $19.3 billion. 

This is a combined net wealth greater than what it would cost to vaccinate the world's poorest nations.

With the average vaccine costing $19 and 775,710,612 people living in low-income countries, according to UN data, this money would be enough to vaccinate every person 1.3 times, the alliance said.       

The alliance released its analysis to show how the pandemic has exacerbated inequities in healthcare among the rich and poor. 

While the pandemic has ravaged the world, killing millions and throwing even more further into poverty, a small faction of pharma executives have made a tidy profit.  

As well as the new billionaire set, the pandemic has also seen the rich get richer. 

Eight existing billionaires with big stakes in the pharma companies behind the COVID-19 vaccines have seen their combined wealth increase by a staggering $32.2 billion, the research found.

This wealth would be enough to fully vaccinate everyone in India. 

Anne Marriott, Oxfam's health policy manager, said the pharma companies and the execs behind them have taken the monopoly on the COVID-19 vaccine.

'These billionaires are the human face of the huge profits many pharmaceutical corporations are making from the monopoly they hold on these vaccines,' she said.  

'These vaccines were funded by public money and should be first and foremost a global public good, not a private profit opportunity,' she added.  

Shares in pharma companies responsible for developing the vaccines skyrocketed as they gained authorization for use in nations across the world.   


Moderna has seen its share price surge more than 700 percent since last February when COVID shuttered much of the world. 

During the same timeframe, BioNTech has increased by 600 percent and CanSino Biologics 440 percent.    

The research comes ahead of the G20 Global Health Summit where world leaders are expected to discuss whether to waive patent protections for COVID-19 vaccines. 

A woman receives a COVID-19 vaccine in Rhode Island. Nine executives from Moderna, BioNTech, ROVI and CanSino Biologics have hugely profited from the vaccine

A woman receives a COVID-19 vaccine in Rhode Island. Nine executives from Moderna, BioNTech, ROVI and CanSino Biologics have hugely profited from the vaccine


Supporters say it will allow more manufacturers to produce life-saving vaccines and increase their supply to poorer countries. 

Joe Biden has said America supports waiving intellectual property protections to allow poorer countries hard hit by the virus to produce vaccines.

However other nations such as Germany are opposed to it, saying IP rights are a source of innovation.    

There's also been pushback from some top names in pharma as such a move would likely slash their profits. 

Pfizer CEO Albert Bourla blasted the idea as 'so wrong', saying it would punish the firm for its progress and discourage biotech companies from creating treatments and innoculations for future pandemics.

He also claimed it would spark a race for raw materials that would threaten the safe and efficient production of the shots. 

Instead, he said the company will provide two billion vaccine doses to low- and middle-income countries over the next 18 months. 

Bourla's own pay surged to a staggering $21 million last year, a rise of 17 percent and he has scored a deal with Harper Business to write a book on the story behind the vaccine development. 


3 comments:

  1. So.... did Epstein GUILTY P0S zioTrumpy and Jared 666 Kushner profit from their schemes????

    Its VERY important to understand EPSTEIN GUILTY Trump's ROLE in this so you dont make the SAME MISTAKES or support him as he MAKES MORE! CASES NOT DEATHS! EVENT 201 proves this was all a PLANNED FARCE! Understand that Epstein GUILTY Trumpy is a deep state FAKE like all others before him and gave Gates GAVI group a BILLION to FORCE a DNA ALTERING NOT-a-vaccine on YOU using the MILITARY in a 'powerful way' Gates controlled and funded Fauci AND Birx and they ALL should be EXECUTED. Trump PARTIED WITH Clintons, Gates and EPSTEIN and AS A DEMOCRAT! https://www.youtube.com/watch?v=_pV1U9s3vJ0

    ReplyDelete
  2. If any information in this article printed anything close to the truth,
    it was purely accidental. They are not vaccines. If anybody tells you they
    didn't do any testing...they're lying. They test was so biased due to the
    animals dying...they had to shelve it.

    Its not a vaccine.
    Medical experiment.

    ReplyDelete
  3. f any of yur family are considering the death shots, show them this video first... https://www.bitchute.com/video/FLM0l1dvhlvI/

    ReplyDelete