While the Poor Get Sick, Bill Gates Just Gets Richer | The Nation

The foundation recently reported a $40 million stake in CureVac—one of dozens of investments the foundation reports having in companies working on Covid vaccines, therapeutics, diagnostics or manufacturing, according to The Nation’s analysis of the foundation’s most recent tax return, web site, and various SEC filings. The foundation has also announced that it will “leverage a portion of its $2.5 billion Strategic Investment Fund” to advance its work on Covid.

These investments, amounting to more than $250 million, show that the world’s most visible charity, and one of the world’s most influential voices in the pandemic response, is in a position to potentially reap considerable financial gains from the Covid-19 pandemic.

Revelations of the Gates Foundation’s financial stake in Covid-19, which Bill Gates does not appear to have publicly disclosed in dozens of recent media appearances, speak to broader criticisms about the lack of transparency in the foundation’s increasingly central role in the pandemic.

While the Poor Get Sick, Bill Gates Just Gets Richer | The Nation