Trump Has ‘Small,’ ‘Distant Link’ To Sanofi, French Drugmaker Of Hydroxychloroquine
Coronavirus,Hydroxychloroquine,Drugs,Healthcare,Public Health,Banking And Finance,Donald Trump
Topline: President Trump—increasingly a booster of hydroxychloroquine as a potential treatment for coronavirus—has a “small personal financial interest” in Sanofi, a French drugmaker that produces a brand-name version of the drug—though it’s a tiny investment for the billionaire.
Sanofi produces Plaquenil, the brand-name form of hydroxychloroquine, the New York Times reported; the drug is typically used to treat rheumatoid arthritis, lupus and malaria.
Trump’s three family trusts have investments in a Dodge & Cox mutual fund, with Sanofi as the largest holding, according to the Times.
Forbes estimates the value of Trump’s Sanofi holdings to be less than $3,000; for context, Forbes estimates Trump's total net worth at $2.1.
Related Coverage
AllSides Picks
Headline Roundup
Trump Reportedly Switched Aircraft Amid Iranian Assassination Threat
August 11th, 2026
News
Tracking Trump’s Campaign Promises
AllSides Staff
August 13th, 2026
Recommended Reading
When Donald Trump and Bernie Sanders Are the Same Person
Dan Schnur
August 10th, 2026
Headline Roundup
Cambridge Professor Jason Arday Found Dead After Fraud Allegations, Political Controversies
August 14th, 2026