Dr. Anthony Fauci and his wife’s net worth soared during the Covid-19 pandemic, according to a government spending transparency watchdog group.
The Fauci household net worth increased by $5 million between 2019 and 2021, and now exceeds $12.6 million, the nonprofit OpenTheBooks
reported.
The chief medical adviser to Joe Biden, who has worked in government for over 55 years, is the highest paid federal employee, and will earn more than the president at $480,000 in 2022.
The majority wealth increase enjoyed by Fauci and his wife, chief bio-ethicist at the National Institutes of Health, Christine Grady,
came from investment gains, gifts and awards, and federal employment compensation, according to the records.
Grady earned $238,970 in 2021, making more than the vice president.
“While Dr. Fauci has been a government bureaucrat for more than 55 years, his household net worth skyrocketed during the pandemic,” OpenTheBooks CEO Adam Andrzejewski
told Fox News. “Fauci’s soaring net worth was based on career-end salary spiking, lucrative cash prizes awarded by non-profit organizations around the world and an ever-larger investment portfolio.”
Fauci earned nearly $1 million from foreign non-profit organizations, including the Israel-based Dan David Foundation, which gave him $901,400 for “speaking truth to power” and “defending science” while working in the Trump administration, OpenTheBooks reported.