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Zoom to Moderna: The extraordinary rise and fall of Covid billionaires

Their rise and subsequent slump were sharper than the other 131 members of the Bloomberg Billionaires Index whose net worth more than doubled, but wasn't as reliant on how Covid altered lives

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Think back: There really was a time when no one wore sweatpants on Zoom calls with clients. Or even dreamed about buying a used BMW on Carvana.com. Or had to remember which shot — Pfizer, the first time? Moderna, the second? — they got.
 
In a little less than three years, Covid-19 has changed everything: how we live, work and play, educate our kids. And, it turns out, how vast wealth can be made — and lost — faster than anyone might’ve thought possible.
 
The roll-out of Moderna’s vaccine propelled scientist Stephane Bancel’s net worth to $15 billion as the

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First Published: Oct 18 2022 | 10:27 PM IST

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