A new report shows the global push to develop a vaccine for COVID-19 has spawned nine new “vaccine billionaires” who have amassed a combined net wealth of $19.3 billion.
The author of the report, People’s Vaccine Alliance, said the pharmaceutical industry’s monopoly on COVID vaccines has generated a massive increase in wealth for a handful of people.
In addition to the nine new “vaccine billionaires,” the coalition of health and humanitarian organizations, world leaders and economists said “eight existing billionaires — who have extensive portfolios in the COVID-19 vaccine pharma corporations — have seen their combined wealth increase by $32.2 billion.”
