Billionaires’ share of global wealth soars during pandemic

The share of global wealth of the world's richest people soared at a record pace during the Covid pandemic, a report on inequality showed Tuesday. Since 1995, the slice held by billionaires has risen from one percent to three percent, according to the World Inequality Report. "This increase was exacerbated during the Covid pandemic. In …

Pfizer, BioNTech, Moderna making $1,000 profit every second

Pfizer, BioNTech and Moderna are making combined profits of $65,000 every minute from their highly successful COVID-19 vaccines while the world's poorest countries remain largely unvaccinated, according to a new analysis. The companies have sold the vast majority of their doses to rich countries, leaving low-income nations in the lurch, said the People's Vaccine Alliance (PVA), a coalition …

Pfizer CEO Albert Bourla’s ‘fraud arrest’, falsified trial data, and the media blackout | HeraldScotland

Pfizer CEO Albert Bourla's 'fraud arrest', falsified trial data, and the media blackout | HeraldScotlandPfizer CEO Albert Bourla's 'fraud arrest', falsified trial data, and the media blackout | HeraldScotland IN one of the more bizarre twists of the pandemic so far, you may have read that Pfizer CEO Albert Bourla was arrested during an FBI …

Billionaires thriving as poor suffer under COVID-19 – Reuters

The 10 richest men, including Amazon's Jeff Bezos, Tesla founder Elon Musk, Microsoft's Bill Gates and Facebook CEO Mark Zuckerberg, saw their net worth increase by $540 billion LONDON, Jan 25 (Thomson Reuters Foundation) - Billionaires including Amazon's Jeff Bezos and Tesla founder Elon Musk have seen their wealth soar during the COVID-19 pandemic while …

World’s richest men added billions to their fortunes last year as others struggled

The pandemic has forced untold hardships onto many Americans, with tens of millions of families now reporting that they don't have enough to eat and millions more out of work on account of layoffs and lockdowns. America's wealthiest, on the other hand, had a very different kind of year: Billionaires as a class have added …