Dr. Fauci and wife’s wealth ‘skyrocketed’ by $5 million during pandemic: analysis

Dr. Anthony Fauci and his spouse’s internet value grew by $5 million through the COVID-19 pandemic as hundreds of US residents struggled financially, in line with a authorities spending watchdog group.

The mixed wealth of the 81-year-old retiring director of the Nationwide Institute of Allergy and Infectious Illnesses and his bioethicist spouse, Christine Grady, soared from $7.5 million in 2019 to $12.6 million on the finish of 2021, in line with a report from the non-profit OpenTheBooks.

“Regardless of turning into a determine of controversy, the system has rewarded Dr. Fauci handsomely,” the group’s CEO, Adam Andrzejewski, advised Fox Information Digital. “Whereas Dr. Fauci has been a authorities bureaucrat for greater than 55 years, his family internet value skyrocketed through the pandemic.”

The couple’s wealth increase was due partially to main wage will increase, money awards and royalties, in line with the report.

“Fauci’s hovering internet value was based mostly on career-end wage spiking, profitable money prizes awarded by non-profit organizations around the globe and an ever-larger funding portfolio,” Andrzejewski mentioned. 

“He's the top-paid federal worker, his first-year golden parachute retirement pension is the most important in federal historical past, and he’s accepting $1 million prizes from overseas non-profits,” he added.

Dr. Anthony Fauci and his spouse Dr. Christine Grady’s internet value elevated by $5 million through the COVID-19 pandemic, in line with a authorities spending watchdog group.

Georgetown College

Final 12 months, Fauci raked in profitable awards from nonprofits, together with $1 million from the Dan David Basis for “talking reality to energy” and “defending science” through the Trump Administration.

He stored $910,400 of that award, whereas roughly 10% went to scholarship winners, in line with OpenTheBooks report.

His whole compensation was $456,028 final 12 months, up from the $434,312 he earned in 2020.

Fauci and his spouse’s internet value was reportedly $12.6 million on the finish of 2021.

Picture by Alex Wong/Getty Photos

General, the couple’s investments additionally elevated by greater than $900,000 in 2021 whereas their portfolios — which included belief, retirement and faculty schooling accounts — jumped $800,000 in 2020, in line with the evaluation.

On the finish of final 12 months, Fauci’s account totaled $10.2 million and  Grady’s had reached $2.4 million in investments.