Since his nomination to the Centers for Medicare and Medicaid Services in 2023, Dr. Mehmet Oz has actively promoted iHerb, a supplement retailer, on social media, recommending products for hair growth and Alzheimer's. Disturbingly, he is a major investor in iHerb, with holdings ranging from $5 million to $25 million. Although he has agreed to divest most of his investments, including some health companies and AI firms, the status of his iHerb investment is still unclear, prompting scrutiny regarding potential conflicts of interest.
Dr. Oz, nominated to head the Centers for Medicare and Medicaid Services, has become a high-priced pitchman for iHerb, promoting various supplements.
Despite pledging to divest his multimillion-dollar investments, Dr. Oz's iHerb holdings, valued between $5 million and $25 million, remain uncertain.
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