Ventilator tycoon adds US$3.7bil to wealth on demand rush


HONG KONG (Bloomberg) -- As the coronavirus pandemic wrecks economies, markets and fortunes, three founders of a company that makes ventilators have added a combined US$7.3bil to their wealth this year.

Shenzhen Mindray Bio-Medical Electronics Co. shares have climbed 41%, fueled by a surge in demand for the life-saving devices. Covid-19, the disease caused by the virus, has flooded hospitals worldwide with patients struggling to breathe.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Mindray , ventilator , tycoon , coronavirus

Next In Business News

YTL Corp among most active in early trade following takeover plan
CPO prices to remain above RM4,500 per tonne on biodiesel expansion - MPOC
Ringgit rises against greenback, major currencies on strong March trade data
Investors poised for profit-taking as sentiment sours in Middle East
Trading ideas: Genting, Tanco, Solarvest, Insights, Dengkil, Vetece, Steel Hawk, Seni Jaya, SKA, ViTrox, Pantech, Chin Teck, UUE
L&G earnings growth signals turnaround trajectory
CGC launches RM300mil MSME relief
Vetece wins RM40mil CRM Cloud deal
Systech redesignates Low to MD role
D&O profits weighed down by EV market slowdown

Others Also Read