January 1, Report: Fauci’s Net Worth Spiked $5M During the Pandemic

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While many Americans struggled with finances during the COVID-19 pandemic, Anthony Fauci and his wife were not among them.

Watchdog group OpenTheBooks learned that the Faucis’ net worth grew from $7.5 million in 2019 to $12.6 million in 2021. Fauci, who serves as the president’s chief medical adviser and the director of the National Institute of Allergy and Infectious Diseases, reportedly gained wealth from investments, awards, compensation, and royalties.

“While Dr. Fauci has been a government bureaucrat for more than 55 years, his household net worth skyrocketed during the pandemic,” said OpenTheBooks CEO Adam Andrzejewski. “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.”

“Despite becoming a figure of controversy, the system has rewarded Dr. Fauci handsomely,” he said. “For example, he is the top-paid federal employee, his first-year golden parachute retirement pension is the largest in federal history, and he’s accepting $1 million prizes from foreign non-profits.”

In 2021, the nonprofit Dan David Foundation awarded Fauci $1 million for “speaking truth to power” and “defending science” during the Trump administration. OpenTheBooks found that Fauci kept $910,400, while roughly 10% went to scholarship winners.

“Our auditors at OpenTheBooks.com relentlessly pursued transparency into the Fauci Family Finances — and those of the NIH itself –— because the stakes are so high,” Andrzejewski said.

“We filed four federal lawsuits to follow the money, and documents are starting to be produced,” he added. “Public health guidance during the pandemic has drastically impacted the lives of every citizen, and Dr. Fauci has been its most visible face. It’s critical to know whether any decision-making is tied up in the financial interests of public leaders, whether they’ve made any ethics disclosures to the government, and how they invested.”

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Source: Fox News