The GOP Senate candidate has railed against \"Big Pharma\" on the campaign trail.<\/p>\n
April 8, 2022, 9:11 AM<\/p>\n
4 min read<\/p>\n
Television personality Dr. Mehmet Oz, who is running for the U.S. Senate in Pennsylvania, has a considerable financial stake in major pharmaceutical firms and Silicon Valley giants, newly released records show -- despite railing against \"Big Pharma\" and \"Big Tech\" on the campaign trail.<\/p>\n
The disclosures, released late Wednesday, indicate that the GOP candidate and celebrity television doctor has poured millions of dollars into companies like Amazon and CVS -- a revelation seemingly at odds with a central tenet of his message to voters.<\/p>\n
\"I've taken on Big Pharma, I've gone to battle with Big Tech,\" Oz said on Fox News in December. \"I cannot be bought.\"<\/p>\n
A political newcomer, Oz is facing off against David McCormick, a longtime hedge fund executive, in a competitive Republican primary. Both men have immense wealth, and some observers say Oz's investments could complicate his bid to connect with the Keystone State's blue-collar voting base.<\/p>\n
According to the disclosure report, Oz, together with his wife, owns between $6 million and $27 million in Amazon stocks, between $1.7 million and $6.6 million in Microsoft, and between $1.3 million and $5.7 million each in Apple and Google's parent company, Alphabet Inc.<\/p>\n
Oz and his wife also have between $615,000 and $1.3 million in shares of Thermo Fisher Scientific, between $15,001 and $50,000 in Johnson & Johnson, and between $50,001 and $100,000 each in CVS and the pharmaceutical company AbbVie.<\/p>\n
In this Feb. 27, 2022, file photo Dr. Oz speaks at the Conservative Political Action Conference (CPAC) in Orlando, Fla.<\/p>\n
Notably, one of Oz's campaign ads denouncing Big Tech includes Oz saying that he took on Facebook -- and indeed his disclosures do not show him owning any stock in the popular social media company.<\/p>\n
In all, Oz's disclosure shows that he and his spouse together own between $104 and $422 million in various assets and holdings.<\/p>\n
Among his other investments, Oz and his wife together own between $11 million and $51 million in shares of Asplundh Tree Trimming, a company co-founded by Oz's wife's family.<\/p>\n
Other assets include between $6 million and $30 million in shares of the convenient store company Wawa, as well as between $5 million and $25 million in shares of the online health engagement platform Sharecare, where Oz sat on the board of directors until last year.<\/p>\n
Oz and his spouse also own between $1.5 million and $6 million shares in the fertility clinic network Prelude Fertility, and between $500,000 and $1 million in shares of Pantheryx, a biotechnology company that specializes in bovine colostrum products. Oz has served as a director of both companies, the disclosure report shows.<\/p>\n
According to the report, Oz and his spouse also own between $11 million and $47 million in commercial and residential real estate properties.<\/p>\n
Over the past year and a half, Oz reported earning between $20 million and $50 million, including more than $2 million in salary as the host of \"The Dr. Oz Show,\" more than $7 million in profit from his company Oz Media, LLC, and millions of dollars in capital gains, dividends and interest from his various financial investments.<\/p>\n
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Despite railing against Big Tech and Big Pharma, records show Dr. Oz has invested millions in both - ABC News<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The GOP Senate candidate has railed against \"Big Pharma\" on the campaign trail. April 8, 2022, 9:11 AM 4 min read Television personality Dr. Mehmet Oz, who is running for the U.S. Continue reading