Due to the onset of the pandemic, many people had to shut down their businesses and even lose a great deal of wealth. In contrast, a few others have seen their fortunes increase exponentially as a result of the pandemic.
In the fight against the pandemic, these 10 healthcare entrepreneurs became billionaires according to Forbes (updated data as of September 17, 2021).
- Ugur Sahin
Sahin Tureci, a German of Turkish heritage, is the CEO and co-founder of BioNTech alongside his wife Özlem Türeci. BioNTech and Pfizer developed the first vaccine licensed by US regulators. By 2020, his wealth is expected to reach $5.2 billion thanks to this. His net worth is now $15.9 billion, ranking him 132nd among the world’s richest people.
- Stéphane Bancel
Bancel is the CEO of Moderna, of which he owns 8%, whose vaccine against the coronavirus was authorized in December by the European Medicines Agency. Moderna was the first company to begin human clinical trials in March. This has made him one of the richest people of our time, currently ranked 160th with a net worth of 13.7 billion dollars.
- Timothy Springer
Professor Springer is an immunologist at the Harvard Medical School and teaches Biological Chemistry and Molecular Pharmacology. His stake in Moderna was 3.5% when it was founded in 2010. He currently has a fortune of 5.9 billion dollars.
- Noubar Afeyan
The chairman and co-founder of Moderna, Afeyan is of Lebanese descent and Canadian-American nationality. He is also the CEO of Flagship Pioneering, a venture capital firm through which he owns shares in a dozen publicly traded biotechnology companies. He is worth $5 billion.
- Robert Langer
Professor Langer is a chemical engineer at MIT, where he heads the Langer Lab. Like Springer, Langer owns a 3% stake in Moderna, which he helped start in 2010. He is known for his work on nanomaterials and for his role as the father of smart drug delivery. Currently, he has a net worth of $4.8 billion.
- Sergio Stevanato
The current fortune of this Italian entrepreneur is $4.3 billion. Stevanato is majority owner and chairman-emeritus of Stevanato Group, a medical packaging manufacturer that provides glass vials for various Covid-19 vaccines, as well as plastic parts for diagnostic tests.
- Li Jianquan
Li Jianquan, from Hong Kong, chairs Winner Medical, a surgical products supplier. As well as bandages and gauze products, his company manufactured billions of protective masks and gowns for healthcare workers fighting the virus. His net worth is $3.7 billion.
- Karin Sartorius-Herbst
Karin Sartorius-Herbst is worth $3.4 billion. Her fortune comes from Sartorius AG, founded by her great-grandfather and which she shares with her sister, Ulrike Baro, and which provides laboratory materials for Covid testing and assists vaccine manufacturers in their development.
- Liu Fangyi
Founder and president of Intco Medical Technology, a manufacturer of disposable gloves and gauze, Liu Fangyi is the owner and founder of the company. Fangyi is estimated to have a fortune of $2.9 billion.
- Yuan Liping
Canadian company Shenzhen Kangtai Biological Products owns a 24% stake in the vaccine manufacturer. In August, the company signed a contract with Astra Zeneca Pharmaceuticals to produce at least 100 million doses of its Covid-19 vaccine. She is best known for divorcing Chinese tycoon Du Weimin, who was considered the emperor of hepatitis B vaccines. Her net worth is $2.8 billion.