The net worth of Dr. Anthony Fauci surged $5 million during COVID-19 pandemic: report

As millions of Americans grappled with financial struggles in the early stages of the COVID-19 pandemic, Dr. Anthony Fauci and his wife for $5 million, according to a government watchdog.

The combined fortune of the 81-year-old director of the National Institute of Allergy and Infectious Diseases and his wife Christine Grady, the chief bioethicist at the National Institutes of Health, rose to $12.6 million from $7.6 million in 2019 Dollars in late 2019 2021, according to a report by nonprofit organization OpenTheBooks.

According to the report, the couple’s wealth increase was due to significant salary increases, cash awards and royalties.

“During the current 2021 pandemic year, the Fauci’s household income, benefits and benefits, and unrealized investment gains totaled $2,832,876 — including $903,497 in federal income and benefits, external awards and royalties totaling $1,019. $205 and $910,174 in investment gains,” according to OpenTheBooks.

The report revealed that Fauci received $1 million from the Dan David Foundation in 2021 for “telling the truth to those in power” and “defending science.” He reportedly kept $910,400 from that award, while approximately 10% went to fellows.

The watchdog also claimed he received awards of $12,500 from the Eliot Richardson Prize in Public Service on July 31, 2021 and the Abelson Prize from the American Association for the Advancement of Science on February 8, 2021.

The International Business Times has not been able to verify the information in the report published by OpenTheBooks.

Fauci continued to be the highest-paid federal employee. He has surpassed the President and everyone else on the federal payroll, earning a total of $1.252 million from 2018-2020.

His total compensation last year was $456,028, up from the $434,312 he earned in 2020. In 2022, his salary increased to $480,000.

In August, Fauci announced he would be retiring in December after more than five decades of public service to pursue the “next chapter” of his career.

The 81-year-old has advised seven US Presidents, starting with Ronald Reagan.

When Fauci retires in late 2022, he’ll be eligible for a federal pension of $375,000 — the highest in federal history. He will get over $1 million in the first three years of his retirement.

It’s unclear what caused Fauci to change his mind about his retirement plans.

Last December, he told ABC News’ Jonathan Karl that he has no plans to retire as he intends to complete the fight against COVID-19 until everything can return to normal.

“There’s no way I’m going to walk away from it until we get this under control. I mean that’s the purpose of what we do. This is – this is our mission in life. I’m not walking away in the middle,” Fauci said.

“You can’t do that. You have to end it – and we will end this and get back to normal,” he added.

Related Articles The net worth of Dr. Anthony Fauci surged $5 million during COVID-19 pandemic: report

Fry Electronics Team

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