From Bichhap Millionaires to Mighty Billionaires

[Assam_Bhayya]

BioNTech founder Ugur Sahin joins world’s 500 richest after UK approves Covid vaccine

Moderna CEO Stephane Bancel has gained $4.8 billion in wealth this year, giving him a net worth of $5.3 billion.

 Ugur Sahin, the co-founder of BioNTech SE on Thursday joined the world’s 500 richest people after the U.K. approved use of a Covid-19 vaccine that the German firm created with Pfizer Inc.

The U.K. was the first western country to approve a Covid-19 vaccine, clearing the way for the deployment of a shot that Pfizer and BioNTech have said is 95% effective in preventing illness. BioNTech is still waiting on a decision from the U.S. Food and Drug Administration and European Union regulators.

The German firm previously focused on fighting cancer, but Sahin and his wife Ozlem Tureci — BioNTech’s chief medical officer — sharpened their focus on Covid-19 in January after reading a troubling study about the spread of the virus in a family that had visited Wuhan, China. Their results are a validation of the new type of drug that they’ve spent their careers chasing.

 

The surge in shares of BioNTech, the German biotech firm that’s partnering with Pfizer on its vaccine, has created $4 billion in added wealth for its CEO and founder, Ugur Sahin. He is now the 451st richest person in the world, according to the Bloomberg Billionaire’s Index, with $5.5 billion.

The two early investors in BioNTech have done even better. German twins Thomas and Andreas Strungmann both have added $8 billion to their net worths this year, making each worth about $12.7 billion.

Moderna, the Massachusetts-based drugmaker that is also developing a vaccine, has seen its shares increase more than eight-fold this year and has minted at least three new billionaires. CEO Stephane Bancel has gained $4.8 billion in wealth this year, giving him a net worth of $5.3 billion. According to regulatory filings, he has also cashed out of nearly $30 million in stock this year

[Assam_Bhayya]

devullu ra babu vellu. . . vaccine kanipetti prapanchanni save chesaru. . . dabbu vallaku oka lekkaaa!! ivala untadhi repu potharu, sorrry pothadhi. . 
 

[ShruteSastry]

IT, IT anukuntam kani, Looks like Pharma has more grip on humans.

 

[sri_india]

next @PilliBeta in line ...... 

[Assam_Bhayya]

45 minutes ago, ShruteSastry said:

IT, IT anukuntam kani, Looks like Pharma has more grip on humans.

 

@veerigadu monna ney oka sketch kuda esadu. . manam kuda oka mandhu thayaru chesi india lo ammudham ani. . asale 1.3 billion population. . . okka india market chaalu

[PilliBeta]

4 minutes ago, sri_india said:

next @PilliBeta in line ...... 

Hungry some bread

[Assam_Bhayya]

Just now, PilliBeta said:

Hungry some bread

[PilliBeta]

Ugur Sahin is not a businessman, he is a professor in Germany, and BioNTech is basically a couple of people in his lab making these nanoparticles they did during their PhD. 

[Assam_Bhayya]

1 minute ago, PilliBeta said:

Ugur Sahin is not a businessman, he is a professor in Germany, and BioNTech is basically a couple of people in his lab making these nanoparticles they did during their PhD. 

 

[PilliBeta]

1 minute ago, Assam_Bhayya said:

 

https://de.linkedin.com/in/ugur-sahin-65905917

[DummyVariable]

2 minutes ago, PilliBeta said:

Ugur Sahin is not a businessman, he is a professor in Germany, and BioNTech is basically a couple of people in his lab making these nanoparticles they did during their PhD. 

If it is so easy then why are a lot of other phds not doing it then?

[PilliBeta]

3 minutes ago, DummyVariable said:

If it is so easy then why are a lot of other phds not doing it then?

I didn't say it's easy. I said that he is not a businessman, he is a professor, as in he didn't go behind the money. It just so happened that money came to him for the work he did. 

[Assam_Bhayya]

6 minutes ago, PilliBeta said:

Ugur Sahin is not a businessman, he is a professor in Germany, and BioNTech is basically a couple of people in his lab making these nanoparticles they did during their PhD. 

saaru Professor role lone 5 billion in year ante. inka real bijiness loki dhigithe inka dharunaalu chudaloo manam

 

[DummyVariable]

15 minutes ago, PilliBeta said:

I didn't say it's easy. I said that he is not a businessman, he is a professor, as in he didn't go behind the money. It just so happened that money came to him for the work he did. 

[ZoomNaidu]

5 hours ago, PilliBeta said:

Ugur Sahin is not a businessman, he is a professor in Germany, and BioNTech is basically a couple of people in his lab making these nanoparticles they did during their PhD.