Billionaires EXPOSED: Look who’s getting even richer during the pandemic
(NaturalHealth365) The economic and psychological fallout of the COVID-19 pandemic and subsequent lockdowns took a devastating toll on the lives and livelihood of millions of people around the world. In America, unemployment rates skyrocketed, businesses faltered and closed (many permanently), and people struggled with increasing rates of mental illness and social isolation. All the while, mainstream media went into high gear, terrorizing the American public with doom and gloom headlines, and public “health” officials gaslit the entire country into believing that a mass-produced shot featuring brand-new gene therapy technology was the only ticket back to “normal.”
But hey – at least it wasn’t bad for everyone! According to a new report cited by a group called the People’s Vaccine Alliance, at least nine people have now newly joined the billionaire club thanks to the immense profitability of the COVID shot.
CEO of Moderna, BioNTech, and seven other people now have pockets that are $19.3 billion fuller thanks to Big Pharma’s BIG profits from COVID shot
Shared by organizations including the Children’s Health Defense and Oxfam International, the new report from the People’s Vaccine Alliance warns that pharmaceutical companies have monopolies over the production of these highly controversial and highly profitable COVID shots. This overarching control virtually gives them total say over the supply and price of their moneymaking experimental drugs … and has shot some of their top leaders well into the top 1 percent of the world’s earners.
At least nine people — including Moderna and BioNTech CEOs Stéphane Bancel and Uğur Şahin, respectively — have become new billionaires due to the pandemic. On a webpage updated May 21, Oxfam explains: “Vaccine billionaires are being created as stocks in pharmaceutical firms rise rapidly in expectation of huge profits from the COVID-19 vaccines over which these firms have monopoly control.” These nine people now boast a combined net worth of $19.3 billion, which is enough to provide the COVID shot to every single person in the world’s low-income countries, should that be a desirable outcome. These poorest countries represent 10 percent of the world’s population yet have received fewer than 0.2 percent of the global shot supply.
In addition, at least eight people who were already billionaires before the pandemic — and major investors in Big Pharma — saw their wealth balloon by a combined $32.2 billion. This list includes Pankaj Patel, chair of a pharmaceutical company that makes the highly touted COVID treatment drug remdesivir and currently has a COVID injection going through clinical trials.
The alliance’s report was revealed in May 2021, just ahead of the G20 leaders Global Health Summit.
As wealth for few soars, the aftermath of COVID lockdowns continue for millions of Americans
It’s nothing new to hear about big profits in Big Pharma. But perhaps what makes this news even more difficult to swallow is the sheer amount of suffering, trauma, and pain everyday citizens have endured on account of this pandemic:
- A May 2021 report from the Congressional Research Service revealed that the unemployment rate in America peaked in April 2020 at 14.8 percent – the highest rate ever recorded since data collection began in 1948. One year later, in April 2021, the unemployment rate (6.1 percent) was still nearly twice as high as it was in February 2020 (3.5 percent).
- According to a February 2021 report from the Kaiser Family Foundation, 4 in 10 American adults have experienced symptoms of anxiety or depression during the pandemic, up from just 1 in 10 people in early 2019.
- Businesses (and small business owners in particular) have had to bear immense loss – in California alone, nearly one-third of all restaurants have permanently closed thanks to Gov. Gavin Newsom’s first in the nation statewide pandemic lockdown.
Readers: how are you doing? Take care of your family, take care of your health, educate yourself, advocate for yourself.
Sources for this article include: