Oxfam: Coronavirus Created 20 ‘Pandemic Billionaires’ in Asia

The Chinese coronavirus pandemic helped create 20 new Asian billionaires across China, India, Japan, and Hong Kong between March 2020 and March 2021, Oxfam, a British-founded anti-poverty charity, revealed in a report published on Wednesday, the Guardian reported.

“By March 2021 there were 20 new Asian ‘pandemic’ billionaires (from China, Hong Kong, India and Japan) whose wealth came from equipment, pharmaceuticals and services needed for the pandemic response,” according to the report published on January 12.

“These include Li Jianquan and family, whose firm Winner Medical makes masks and personal protective equipment for health workers, and Dai Lizhong, whose company Sansure Biotech has produced COVID-19 [Chinese coronavirus] tests and diagnostic kits,” Oxfam detailed.

Li Jianquan, 65, is a Hong Kong citizen who resides in Shenzhen, China. He chairs Winner Medical, which is a supplier of “disposable wound care and surgical products,” according to Forbes. The U.S. business magazine listed “Li Jianquan & family’s” net worth as $4.2 billion on January 14. – READ MORE