Coronavirus pandemic creates 9 new Big Pharma billionaires

The coronavirus (COVID-19) pandemic has created nine new billionaires from the pharmaceutical industry. Campaigners from the People’s Vaccine Alliance, whose members include Global Justice Now, Oxfam and UNAIDS, have analyzed Forbes Rich List data to highlight the massive wealth being generated for a handful of people from vaccines which were largely publicly funded. Moderna CEO Stéphane Bancel … Continue reading Coronavirus pandemic creates 9 new Big Pharma billionaires

Pandemic widens gap between rich and poor, analysis shows

Pandemic is good for business. Just ask Tesla’s Elon Musk and Amazon’s Jeff Bezos. The world’s two richest individuals have gained the most wealth since the start of the Wuhan coronavirus pandemic last year, according to the analysis of the Americans for Tax Fairness. Musk boosted his account by a massive 628.5 percent while Bezos has grown … Continue reading Pandemic widens gap between rich and poor, analysis shows