Ventilator Tycoon Adds $3.7 Billion to Wealth on Demand Rush
- Device-maker Mindray shares climb as coronavirus spreads
- Founders’ combined wealth surges $7.3 billion as orders jump
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As the coronavirus pandemic wrecks economies, markets and fortunes, three founders of a company that makes ventilators have added a combined $7.3 billion 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.