By the Numbers: Greg Gianforte’s Prolific Pandemic Profiteering

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Wednesday, September 30, 2020

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By the Numbers: Greg Gianforte’s Prolific Pandemic Profiteering
 
Greg Gianforte’s pandemic-related investments now total up to $1,422,465.25
 
Helena, MT – After being accused by Republican Attorney General Tim Fox of insider trading, New Jersey millionaire Greg Gianforte continues to draw fire over his extensive investments in pandemic-related companies. 

By the numbers:

  • The value of pandemic-related stocks Greg Gianforte has purchased since the beginning of the COVID-19 crisis is as much as $1,422,465. 

  • Publicly, Gianforte downplayed the virus, but privately, Gianforte invested in pharmaceutical stocks that appreciated in value by more than 60 percent within months of Gianforte’s investment.

  • According to a nonpartisan watchdog, Gianforte made more investments than 99% of Congress during the beginning of the pandemic.

  • Greg Gianforte lied about putting all of his assets in a blind trust. 

“Already the wealthiest elected member of Congress, Greg Gianforte exploited the COVID-19 pandemic to become even richer,” said MDP Deputy Communications Director Matt Fidel. “While Mike Cooney was hard at work looking out for the safety of Montanans, Greg Gianforte was looking out for his bank account. Once again, Gianforte has proven that he’s only out for himself, never Montanans.”

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