Hu Kun is the chairman of Shenzhen-listed Contec Medical Systems, which makes a range of medical equipment including pulse oximeters and pulmonary devices used to check lung conditions. Senator Richard Burr, a Republican from North Carolina and ranking member of the Senate Health, Education, Labor, and Pensions Committee, speaks during a confirmation hearing in Washington, D.C., on Thursday, April 29, 2021. SEC probes possible insider stock trades by Sen. Richard Burr He loves to do exercises regularly and also tells others to do that. Li Wenmei is the cofounder and general manager of diagnostic test supplier Guangzhou Wondfo Biotech, which makes a range of Covid-19 tests. He played football for his universitys team called the Wake Forest Demon Deacons. Li Jianquan & family. We are collecting information from our sources if you have any issue with the article you can report us. He was first elected to the United States Senate in 2005. He would go on to attend Wake Forest University in 1978 and earn a BA. podcast episodes, Brokers, Bagmen, & Moles podcast episodes, Connections with BCD Travel podcast episodes, Cyber Security & Cloud Podcast podcast episodes, Coinbase Institutional Market Call podcast episodes, South Side Rules: A Shameless Podcast podcast episodes. Thank you. Besides, he sponsored and cosponsored water and land conservation legislation. He has beautiful Black eyes that attract the viewers attention. Similar Senator Net Worth and Income Articles: Richard Burr was born on November 30, 1955, in Charlottesville, Virginia, United States. The filing states that the SEC's investigation shows that on February 13, 2020, Senator Burr sold more than $1.6 million worth of stock held in a brokerage account he owned jointly with his wife while in possession of potentially material nonpublic information concerning COVID-19 and its potential impact on the U.S. and global Richard won the Senate election in 2004 against Democratic nominee Erskine Bowles for the Senate seat position vacated by Democrat John Edwards. Senator Richard Burr is an American businessman and politician. You cant republish our material wholesale, or automatically; you need to select stories to be republished individually. Lal is the executive chairman of Indian diagnostics chain Dr. Lal PathLabs, which offers Covid-19 tests at its clinics and collection points throughout India. Focus of 9/11 Families Lawsuit Against Saudi Arabia Turns to a Saudi Student Who May Have Been a Spy, How South Carolina Ended Up With an All-Male Supreme Court, A Courtroom Is a Really Lousy Place to Decide Science, Two ProPublica Projects Named Finalists for 2023 Driehaus Awards, Four ProPublica Reporters Named Finalists for the 2023 Livingston Awards, If youre republishing online, you must link to the URL of this story on propublica.org, include all of the links from our story, including our newsletter sign up language and link, and use our. In 1994, he was elected to the U.S. House of Representatives for North Carolina's 5th congressional district as part of the Republican Revolution. Burr had been facing a Justice Department investigation over whether his sales of hundreds of thousands of dollars worth of stocks made after receiving a private briefing on the coronavirus threat in early 2020 constituted violations of insider trading laws. He has French, Irish, and German descent. Richard Burr had his eyes set on the United States senate and when John Edwards vacated his position as a senator, he capitalized and ran for the recently vacated seat. The luncheon was organized by the Tar Heel Circle, a club for businesses and organizations in North Carolina that are charged up to $10,000 for membership and are promised interaction with top leaders and staff from Congress, the administration, and the private sector., Burrs public comments had been considerably less dire. We have no more Information about Richard Burr Father, we will try to collect information and update soon. Burr's trades occurred shortly before the coronavirus pandemic rocked the U.S. economy, sending stock markets plunging. His committee was receiving daily coronavirus briefings around this time, according to a Reuters story. Bill Burrs podcast Monday Morning Podcast has more than 100 thousand SoundCloud followers. The bellwhether Dow Jones Industrial Average lost 30% of its value in the weeks following Burr's trades. He lives a luxurious life and he has a personal luxury car, a big bungalow, lives a luxurious lifestyle and travel throughout the world that we can see through his daily updates on social media post and stories. Save my name, email, and website in this browser for the next time I comment. Sen. Richard Burr, R-N.C., arrives for a vote in the basement of the Capitol on Jan. 26, 2021. All Rights Reserved. Burr's brother-in-law Gerald Fauth is chairman of the National Mediation Board. He dumped up to $150,000 worth of shares of Wyndham Hotels and Resorts, a chain based in the United States that has lost two-thirds of its value. She leads our Editorial Team with Ronald and Lawrence to curate content and resources that help us navigate the system. Are Hospitals Near Me Ready for Coronavirus? Adam Burr 's estimated Net Worth, Salary, Income, Cars, Lifestyles & many more details have been updated below. But it was previously unknown that Burr and Fauth spoke that day, and that their contact came just before Fauth began the process of dumping stock himself. At the same time, hundreds of billionaires fell from the ranks of Forbes Worlds Billionaires list, capturing a snapshot of the pandemics impact on the fortunes of the worlds wealthiest people. So here we try to cover all the information about. You cant state or imply that donations to your organization support ProPublicas work. And its not just the vaccine discoverers: companies that mass produce the vaccines and contract research firms that help firms run clinical trials have both reaped the rewards, creating new fortunes for people like Juan Lpez-Belmonte Lpez of Spanish pharma outfit Rovi and Karin Sartorius-Herbst and Ulrike Baro of German biopharma firm Sartorius AG. Soon after he offered public assurances that the government was ready to battle the coronavirus, the powerful chairman of the Senate Intelligence Committee, Richard Burr, sold off a significant percentage of his stocks, unloading between $628,000 and $1.72 million of his holdings on Feb. 13 in 33 separate transactions. Senator from North Carolina under the Democrats since 2005. Burrs administration also fostered infrastructural development. "Tonight, the Department of Justice informed me that it has concluded its review of my personal financial transactions conducted early last year," Burr said in a statement Tuesday night. Then Some Shook and Gasped for Air. Other assignments he had include being a part of the Committee on Finance, Committee on Health, Education, Labor and Pensions. Minutes after that, following Burr's own instructions from earlier that morning, the senator's broker "entered trades to sell equities in the IRA accounts of both Senator Burr and his wife," according to the filing.