• News
  • Film and TV
  • Music
  • Tech
  • Features
  • Celebrity
  • Politics
  • Weird
  • Community
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • SPORTbible
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
TikTok
YouTube
Submit Your Content
UnitedHealth loses $63,000,000,000 in value following former CEO’s shocking murder

Home> News> World News

Published 12:43 18 Jan 2025 GMT

UnitedHealth loses $63,000,000,000 in value following former CEO’s shocking murder

Brian Johnson was shot and killed last month

Callum Jones

Callum Jones

UnitedHealth has dropped a whopping $63 billion in value following the murder of their CEO last month.

Brian Thompson was shot and killed in what is alleged to have been a targeted attack by Luigi Mangione.

Thompson was shot twice in the back and once in the leg as he left a Hilton hotel in Midtown Manhattan last month.

Officials later announced that a person of interest had been detained after being spotted in a McDonald's in Altoona, Pennsylvania, following a tip-off from an employee at the fast-food joint.

Advert

Mangione is facing multiple charges from the Manhattan District Attorney’s Office, including first and second-degree murder, criminal possession of a weapon, and possessing a forged driver’s license.

The suspect pleaded not guilty on December 23.

Luigi Mangione was charged last month (XNY/Star Max/GC Images)
Luigi Mangione was charged last month (XNY/Star Max/GC Images)

Mangione faces two trials for the crimes he's been accused of; one state case and one federal prosecution.

Advert

The two cases are set to run parallel to one another, with Manhattan District Attorney Alvin Bragg’s office confirming to CNN that it is coordinating with federal authorities for Mangione’s arraignment on the state charges.

Attorney General Merrick B. Garland said in a statement: “Today, the Justice Department has brought federal murder charges against Luigi Mangione. As alleged, Mangione planned his attack for months and stalked his victim for days before murdering him — methodically planning when, where, and how to carry out his crime. I am grateful to our state and local law enforcement partners for their tireless efforts to locate and apprehend the defendant and to ensure that he answers for his alleged crime.”

Johnson's murder sent shockwaves across the world, and his passing has severely hurt his company, UnitedHealthcare, financially too.

As per a report by the Independent, the price of shares in the company have dropped by around $100 since Thompson's death on December 4.

Advert

Brian Thompson died last month (United Healthcare Group)
Brian Thompson died last month (United Healthcare Group)

While the company's stock may have fallen, UnitedHealth confirmed they had recorded a better than-hoped profit in 2024's final quarter.

And on an open-call on Thursday (January 16) detailing the numbers, the company paid their respects to Thompson.

"Brian helped build this company and forged deep, trusted relationships for over 20 years, and the positive impact he had on people will be felt for years to come,” Chief Financial Officer John Rex said.

Advert

Sir Andrew Witty, the CEO of the group, was forced to defend its status within the US healthcare industry.

Following the death of Thompson, some people shared their stories accusing UnitedHealth of rejecting requests to pay for health care.

Mr Witty stated during the earnings calls that health in the US needed to be 'less confusing, less complex and less costly'.

"Those are key areas for us to work at to improve," he added.

Featured Image Credit: XNY/Star Max/GC Images/United Health Group

Topics: Crime, Health, Luigi Mangione, News, US News, Gun Crime, Business

Callum Jones
Callum Jones

Advert

Advert

Advert

  • Luigi Mangione speaks out after prosecutors aim to seek death penalty in murder case
  • Luigi Mangione’s attorney shows how much evidence the FBI has following murder charge
  • Judge in Luigi Mangione case married to former healthcare exec and allegedly owns 'thousands in healthcare stock'
  • Attorney explains meaning behind jury nullification as Luigi Mangione faces murder charges

Choose your content:

18 mins ago
21 mins ago
an hour ago
  • 18 mins ago

    All female athletes forced to take 'gene test' before World Athletics Championships following Imane Khelif Olympics row

    The new rules are set to come into place on September 1

    News
  • 21 mins ago

    Black Hawk pilot’s final conversation with instructor before colliding with passenger jet revealed at hearing

    The helicopter and American Airlines passenger plane crashed in January, killing 67 people

    News
  • an hour ago

    Kristen Bell and Dax Shepard explain why they allow their children to curse under one condition

    The two actors share two children, aged 10 and 12

    Celebrity
  • an hour ago

    Prosecutor reveals why Bryan Kohberger allegedly spared roommate of Idaho murder victims

    Bryan Kohberger admitted to killing four Idaho students in 2022 earlier this month

    News