COVID-19 vaccines create 9 new billionaires

On May 20, 2021 Oxfam released a report titled, “COVID vaccines create 9 new billionaires with combined wealth greater than cost of vaccinating world’s poorest countries”. [3, 4]

Topping the list are the CEOs of BioNTech and then Moderna.  The top 2 to 6 are linked to Moderna. Neither company had brought a product to market prior to their brand new technology COVID-19 mRNA vaccine. [1, 2]

The last 3 billionaires are co-founders of CanSino Biologics, manufactures of China’s Ad5-nCoV-S recombinant (Ad5-nCoV) vaccine against COVID-19. [3]