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Thread: Billionaires profit from the corona crisis

  1. #91
    The "pandemic" accelerated the accumulation of wealth by the billionaire class.
    After the pandemic was started, central banks injected $9 trillion into economies worldwide, to blow up the economic bubble to mythical proportions. A lot of that "stimulus" has gone into monetary markets, and has benefited the ultra-rich.


    The total wealth of billionaires worldwide rose from $8 trillion to $13 trillion in only 12 months - the most dramatic surge ever registered on the annual Forbes billionaire list.
    On the 2021 Forbes list, the number of billionaires rose some 700 to more than 2,700. Most of the billionaires were added in China - 238 billionaires, to a total of 626. The US added 110 billionaires, to a total of 724.

    In the early 2010s, the US billionaire class owned about 10% of GDP. Billionaire wealth has since surged to 15% of GDP in the US.



    It doesn't seem to matter which system of politrics or economics countries profess.
    In social democratic Sweden, the number of billionaires now own a share of GDP of almost 30%.
    In communist China, the wealth of all billionaires increased with $1 trillion to a share of 15% of its GDP: https://www.universalpersonality.com...up-covid-cash/
    (https://archive.is/tyoyJ)
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  3. #92
    Because of the Blackrock "going direct in the next crisis" plan in combination with the pandemic response, share prices in the pharmaceutical companies that produce COVID vaccines have soared, with Moderna's share price gaining more than 700% since February 2020, BioNTech's surged 600% and CanSino Biologics' stock gaining 440% over the same period.


    As a result, 9 new vaccine billionaires were created.

    Stéphane Bancel, Moderna’s CEO (worth $4.3 billion)
    Ugur Sahin, CEO of BioNTech ($4 billion)
    Timothy Springer, founding investor of Moderna ($2.2 billion)

    Noubar Afeyan, Moderna’s Chairman ($1.9 billion)
    Juan Lopez-Belmonte, Chairman of ROVI ($1.8 billion)
    Robert Langer, founding investor in Moderna ($1.6 billion)

    Zhu Tao, co-founder CanSino Biologics ($1.3 billion)
    Qiu Dongxu, co-founder and senior vice president CanSino Biologics ($1.2 billion)
    Mao Huihua, co-founder and senior vice president CanSino Biologics (worth $1 billion)


    The following billionaires have also made a great profit from the COVID pandemic.

    Jiang Rensheng & family, Chair Zhifei Biological products, wealth from $7.60 billion to $24.40 billion.
    Cyrus Poonawalla, Founder Serum Institute of India, wealth from $8.20 billion to $12.70 billion.

    Wu Guanjiang, Co-founder Zhifei Biological products, wealth from $1.80 billion to $5.10 billion.
    Pankaj Patel, Controls Cadila Healthcare, wealth from $2.90 billion to $5.00 billion: https://www.oxfam.org/en/press-relea...st-vaccinating
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  4. #93
    What is cronyism?
    UK Health Secretary Matt Hancock got "gifted" 15% of shares in shredding firm Topwood. Hancock "forgot" to disclose that his sister Emily Gilruth also owns a stake and is a director of the firm.

    Topwood was awarded a £300,000 contract by NHS Wales.
    A government spokesman responded that Hancock had acted "entirely properly": https://www.dailymail.co.uk/news/art...contracts.html


    Quote Originally Posted by Firestarter View Post
    In another great example of crony capitalism, Alex Bourne was awarded £30 million in contracts, despite having no experience in medical supplies.
    Alex Bourne is however the former neighbour and buddy of UK health secretary Matt Hancock.
    See the 2 friends at Alex Bourne's former pub, the Cock Inn in Thurlow.
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  5. #94
    The number of billionaires in the UK reached a new record because of the COVID "pandemic".

    24 people were added to the UK billionaires' list, making a total of 171 billionaires: https://www.theguardian.com/business...covid-pandemic
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  6. #95
    Health Secretary Matt Hancock was forced to resign, not over his never-ending corrupt deals, but over having an affair with Gina Coladangelo.
    Gina is not a billionaire, but a mere multimillionaire...

    Gina’s brother, Roberto Coladangelo, is an executive director at Partnering Health Limited (PHL Group) that in one of those prime examples of cronyism was awarded a series of contracts with the NHS since Gina became Hancock’s adviser/mistress,

    Gina’s Italian father, Rino Coladangelo, made millions as CEO of pharmaceutical consultancy Rephine (no information on being awarded government contracts): https://www.standard.co.uk/insider/g...e-b942663.html
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  7. #96
    In the UK, like elsewhere, a "pandemic" of closures of independent retailers can be expected.
    All in all "High Street" debt at independent enterprises rocketed five-fold to £2.4 billion since the start of the pandemic.

    68,000 small retailers saw their collective debt rise from £250 million to £1.23 billion since the the pandemic was started.
    Another 56,000 small hospitality firms have increased their debt from £190 million to £840 million, while borrowings at 20,000 hair and beauty businesses have rocketed from £50 million to £300 million: https://www.dailymail.co.uk/money/ma...-pandemic.html
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty



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  9. #97
    Could it be that billionaires are actually happy with the suffering of others (while cynically advertising themselves as philanthropists)?

    As a result of the pandemic global food prices hit a new high.
    This has resulted in a huge increase in hungry people, by more than 150 million.

    From 2019 to 2020 food insecure people went from around 650 million to 811 million people, more than 10% of the world population.

    https://www.zerohedge.com/markets/pa...crisis-unfolds
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  10. #98
    Quote Originally Posted by Firestarter View Post
    Could it be that billionaires are actually happy with the suffering of others (while cynically advertising themselves as philanthropists)?

    As a result of the pandemic global food prices hit a new high.
    This has resulted in a huge increase in hungry people, by more than 150 million.

    From 2019 to 2020 food insecure people went from around 650 million to 811 million people, more than 10% of the world population.

    https://www.zerohedge.com/markets/pa...crisis-unfolds
    Number of people starving because of billionaires worldwide - Zero.

    Number of people with higher standards of living because of Amazon and Wal-Mart - billions

    It turns out there is no money in not getting products to people. Jeff Bezos has likely helped more people by starting Amazon than all the charitable giving in world history.
    Last edited by Krugminator2; 07-17-2021 at 12:25 PM.

  11. #99
    You guys are doomed anyway , The Danke variant is coming.
    Do something Danke

  12. #100
    Quote Originally Posted by Krugminator2 View Post
    Number of people starving because of billionaires worldwide - Zero.

    Number of people with higher standards of living because of Amazon and Wal-Mart - billions
    More lies from our resident mainstream propaganda supporter?!?
    One of the richest men in the world, the Rockefeller connected eugenics psychopath Bill Gates, is funding the destruction of food...

    Quote Originally Posted by Firestarter
    Quote Originally Posted by Firestarter
    The same Bill and Melinda Gates Foundation that plays a huge role in orchestrating the COVID-19 “pandemic”, is financing the Alliance for a Green Revolution in Africa (AGRA) to destroy food production, as obviously they don’t want Africa to eat (“sustainable” agriculture sounds so much better than genocide!)…
    Buying up all the farm land seems to be part of a bigger agenda to create a food monopoly (not unlike Microsoft's computer monopoly).

    The Bill and Melinda Gates Foundation is the biggest funders of the Consultative Group for International Agricultural Research (CGIAR). Bill Gates' Foundation has funded CGIAR with more than $720 million since 2003.
    Second and third is the UK and US government are. Also see the Kingdom of the Netherlands, 4th biggest funder of CGIAR.


    The official purpose of CGIAR is "a global research partnership for a food secure future dedicated to reducing poverty, enhancing food and nutrition security, and improving natural resources". That sounds really philanthropic!
    In reality CGIAR is part of a "seed and biodiversity piracy" as part of the "Green Revolution".
    CGIAR is controlled through the World Bank, and the Rockefeller, Ford and Bill Gates Foundations.
    Enslaved-by-World-Bank-and-IMF
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  13. #101
    Quote Originally Posted by Firestarter View Post
    More lies from our resident mainstream propaganda supporter?!?
    One of the richest men in the world, the Rockefeller connected eugenics psychopath Bill Gates, is funding the destruction of food...

    Enslaved-by-World-Bank-and-IMF
    Bill Gates is buying land so people in Africa can't eat. I see.

  14. #102
    Quote Originally Posted by Krugminator2 View Post
    Bill Gates is buying land so people in Africa can't eat. I see.
    I guess that CNN, BBC or Bloomberg "forgot" to report this?!?

    Quote Originally Posted by Firestarter View Post
    In Tanzania, AGRA’s approach forced small-scale food into debt.
    Projects in Zambia also led to the indebtedness of participating small-scale food producers. Some farmers already after the first harvest were unable to repay loans for fertilizer and seeds.
    AGRA has forced farmers to grow maize. Some countries, like Zambia, have nearly doubled the area planted with maize as a result of the Green Revolution incentives to plant the crop, yet their productivity growth over the 12- year period is only 27%.

    The results are disastrous (even before the corona “pandemic”). The number of severely undernourished people in AGRA countries increased from 100.5 million to 131.3 million from 2006 to 2018 (a 30% increase).
    For Sub-Saharan Africa as a whole, the number of severely undernourished people increased by more than 50 million to 230 million people, but the share thereof decreased slightly from 24.3% to 22.5%.

    In Nigeria and Uganda the increase in undernourishment was the largest, with the number more than doubling in these 12 years. In Kenya, Niger, Nigeria, and Uganda the share as well as the number of starving increased.
    Only Ethiopia reports a significant decline in the amount of chronically hungry people: https://www.rosalux.de/fileadmin/rls...es_AGRA_en.pdf
    Enslaved-by-World-Bank-and-IMF
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  15. #103
    Pfizer Macht Frei!

    Openly Straight Man, Danke, Awarded Top Rated Influencer. Community Standards Enforcer.


    Quiz: Test Your "Income" Tax IQ!

    Short Income Tax Video

    The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes

    The Federalist Papers, No. 15:

    Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.

  16. #104
    Pfizer Macht Frei!

    Openly Straight Man, Danke, Awarded Top Rated Influencer. Community Standards Enforcer.


    Quiz: Test Your "Income" Tax IQ!

    Short Income Tax Video

    The Income Tax Is An Excise, And Excise Taxes Are Privilege Taxes

    The Federalist Papers, No. 15:

    Except as to the rule of appointment, the United States have an indefinite discretion to make requisitions for men and money; but they have no authority to raise either by regulations extending to the individual citizens of America.



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  18. #105
    The UN has once again boasted that some 41 million people worldwide are at risk of famine.

    Instead of denouncing the lockdown that is causing this pandemic, the UN World Food Programme (WFP) demands $6 billion to "help" those at risk in 43 countries: https://www.reuters.com/world/un-age...ne-2021-06-22/
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  19. #106
    Former Tory councillor Steve Dechan got awarded a £120 million UK government contract for PPE face shields. Because the face shields were of so poor quality they were not used.
    Only 274,200 of the 120 million shields were delivered, making the cost £423 per visor, which can be bought online for less than £1.

    Almost one-in-ten lucrative PPE contracts were awarded that came through the crony VIP channel, while less than one-in-a-hundred that came through the ordinary lane were awarded government contracts: https://www.thelondoneconomic.com/ne...ontract-283121
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  20. #107

  21. #108
    Many foolishly believe that the eviction moratorium and repeated extensions in the USA was designed to protect tenants that couldn't pay their rent.
    In reality the eviction moratorium was aimed at relatively small (middle class) landlords. Now that these have come into serious financial trouble by not getting rent paid, the big investment funds are getting ready to scoop up some cheap real estate.

    So just in time they let the eviction moratorium expire on 31 July.
    So this month an eviction wave is expected to hit tenants behind in rent. And the big investors will start buying real estate not having to worry over bad publicity to evict poor tenants...

    How will these evicted people practise social distancing, when they don't have a home to distance themselves: https://www.activistpost.com/2021/08...s-history.html
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  22. #109
    While many small businesses have been bankrupted by the COVID lockdown, filthy "lords" are getting the corrupt millions for their role in staging the pandemic.

    To keep his corrupt dealings out of the public eye, UK Minister for NHS Test and Trace Lord Bethell sent/received thousands of private emails (as many as 33,000 mails) about official government activity related to awarding government contracts worth £87.5 million to the York-based firm Abingdon Health in April 2020 for home COVID antibody tests.
    Of course these antibody tests were a complete fraud, so the deal was cancelled after Abingdon received a cool £19 million of money paid for by the taxpayer.

    The UK Government refuses to do detailed searches of the messages sent and received by Bethell because they don't want to expose the scandal.
    Lord Bethell dealt closely with official government adviser, professor Sir John Bell, who put the consortium together and supported the deal: https://archive.is/JQ7JZ
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  23. #110
    Italian "COVID czar" Domenico Arcuri is accused of (being part of a group) embezzling 77 million Euro on a 1.25 billion Euro deal for 800 million Chinese masks in 2020.
    He could have bought Korean masks for 0.80 euros each, but instead chose the Chinese firm for 0.55 Euro per mask, plus the transport price.

    The huge commission was reportedly paid to his "friend".
    Arcuri was fired by Prime Minister Mario Draghi in March 2021:
    https://algulf.net/2021/10/19/chines...he-best/?amp=1
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  24. #111
    The 500 richest people of the Kingdom of the Netherlands gotten almost 20% richer in the last year. These 500 richest Dutch people, in the Quote 500, together are now worth 220 billion euros.
    Most of these billionaires became rich from investments in real estate (Prince Bernhard Jr. not on this list?) or tech companies (Mabel).

    Interestingly 4 of the richest 11 became billionaires from investments in the paying service Adyen (highest of these, Arnout Schuijff at place 7, with 3.5 billion euro).
    Obviously it pays to be in business with the royal degenerates. The widow of Prince Friso, Mabel, has made place 50 with 880 million euro, mostly from investments in Ayden.

    So now according to the Dutch media, the Dutch royal family in total is worth a mere 1.2 billion euro: https://netherlandsnewslive.com/quot...te-500/272546/
    (in Dutch: https://www.ad.nl/geld/quote-500-noo...airs~a614af91/)
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    The Order of the Garter rules the world: Order of the Garter and the Carolingian dynasty

  25. #112
    The wealth of the US's billionaires has grown with $2.1 trillion, to over $5 trillion, since the pandemic was started, a 70% increase in only 19 months. The $5 trillion owned by 745 billionaires is two-thirds more than the $3 trillion held by the poorest half of U.S. households.
    With Elon Musk's wealth growing an impressive 750%.


    In contrast, since the pandemic was started, almost 89 million Americans became unemployed.

    Some billionaires paid no federal income taxes in recent years, including Jeff Bezos, Elon Musk, Michael Bloomberg, and George Soros.
    From 2014 to 18, the US’s top 25 billionaires paid a tax rate of only 3.4% on a combined $400 billion increase in wealth: https://inequality.org/great-divide/...fore-pandemic/
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  27. #113
    Virginia's 8 billionaires got $7 billion richer in the first 10 months of the COVID pandemic, a 17% increase.

    Daniel D’Aniello, $3.8 Billion, is a co-founder and chairman of The Carlyle Group.
    William Conway Jr., $3.4 Billion, is one of the founding partners of The Carlyle Group: https://virginia-organizing.org/virg...jumping-by-17/
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