Blog: Scientology Billionaire Couple Bob and Trish Duggan Help Fund Scientology with 1,000,000 Shares of a Drug Company - 2017-07-15

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F0.png Scientology Billionaire Couple Bob and Trish Duggan Help Fund Scientology with 1,000,000 Shares of a Drug Company July 15, 2017, Jeffrey Augustine, Scientology Money Project

IRS tax forms show that the Scientology billionaire power couple Bob and Trish Duggan placed 1,000,000 shares of AbbVie Inc., a pharmaceutical manufacturer, into their private foundation in December 2015. At that time, AbbVie shares were trading in the $59.00 range. This gave their foundation a fair market value of $59,240,000.

As of July 15, 2017, AbbVie shares closed at $73.11, thus giving the Bob and Trish Duggan Foundation an asset value of $73,110,000. The dividends paid by AbbVie will be donated to Scientology churches and social betterment groups per the terms of the Duggan's Foundation.

As this Scientology Money Project research was first exclusively reported on Tony Ortega's Underground Bunker, AbbVie makes Humira, the best-selling pharmaceutical drug in the world. In an ultimate irony, then, the Church of Scientology, a group that attacks "Big Pharma" as an evil, will profit each year into perpetuity on the dividends from a major pharmaceutical company in Big Pharma.