These healthcare billionaires have gotten richer off the coronavirus pandemic:
its worst sell-off since 1987. While markets have rebounded somewhat, one group of companies never got hit and have instead steadily risen: publicly traded healthcare outfits hard at work on vaccines, treatments and testing kits. Shares of these companies, which are doing work desperately needed to defeat the virus, have seen a remarkable surge in the past seven weeks — creating a new billionaire and boosting the fortunes of at least nine more.
the billionaire ranks on April 2, when Moderna’s stock rose on the news that the firm was planning to begin phase two trials of its vaccine.These ten healthcare billionaires have collectively gained more than $7 billion since the WHO declared COVID-19 a global pandemic on March 11.
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