The net worths of CEOs and founders are largely at the whim of their company stock—all it takes is one breakout earnings report or blockbuster news to shake up their fortunes. Now, Moderna cofounder Robert Langer has re-entered the billionaires club following promising cancer vaccine trials that sent the company’s stock soaring.
Langer, known as the “Edison of Medicine,” witnessed his equity in the biotech business double in value, shooting his net worth up to roughly $1.7 billion, according to a Forbes analysis.
