Healthcare Billionaires Got Nearly 150 Billion Dollars for the Covid-19 Pandemic

Healthcare Billionaires Got Nearly 150 Billion Dollars for the Covid-19 Pandemic

Simon Burke, Reporter

Healthcare billionaires bumped their wealth up by 36.3% between April 7 and July 31. In number form, the value of that is from a total of $402.3 billion to $548 billion. In the study of the number of billionaires, there are 2,189 of them. The wealth increase widens when you compare the healthcare sector from the beginning of 2018 to the end of July 2020. The premium demand of the near 150 billion dollar research for key vaccines.

Over the period of 2020, 1,690 billionaires have had wealth increase by 50.3% that is 658.6 billion dollars. The study excluded dropouts and new entrants. The report says “Healthcare was boosted by the new age of drug discovery”. The wealth for billionaires was increased to 19.1% in 2018 to 2020 of July and that is 10.2 trillion dollars.