Last Updated on September 30, 2022
Dr. Anthony Fauci has parlayed the celebrity status he gained from the beginning of the COVID-19 Pandemic to a net worth increase of about $5 million, according to openthebooks.com. Fauci has become a controversial figure among many Americans since gaining notoriety in the early days of the Pandemic for his heavy-handed approach to the virus, which includes strong support for lockdowns and vaccine mandates. The increase of net worth enjoyed by Dr. Fauci and his wife Christine amounted to 66% of their previously existing wealth. Openthebooks.com obtained documents detailing this increase.
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Since the early days of the pandemic, Fauci was lauded by the corporate press and many on the left for his combative attitude toward then-President Donald Trump. While Trump continued to employ Fauci, who already was the highest-paid government employee, Fauci continued to advocate for stringent COVID-19 policies that were implemented in many states, particularly states run by Democratic governors.
Despite supporting policies which led to significant economic hardships for many citizens, Fauci faced no negative consequences, and to the contrary, only grew his wealth and status. In many instances, Fauci has walked back many of his previously-held stances under the cover of the corporate press. Recently, he admitted to Fox News that the Covid-19 vaccines “don’t protect overly well, as it were, against infection.”
After a long fight between Fauci and some of his critics (including some Republican lawmakers and openthebooks.com), information on Fauci’s personal wealth became public knowledge. In addition to his salary being the highest in the federal government, Fauci also made gains with his investment portfolio and won several awards.
Fauci’s biggest prize came from his winning of an award given by the Israel-based Dan David Foundation. The Foundation gave Fauci $1 million for “Speaking truth to power” and “defending science” from Donald Trump and his supporters.
Investments are where the Fauci’s gained the largest portion of this increase in wealth. According to openthebooks.com, “During the ongoing pandemic year of 2021, the Fauci’s household income, perks and benefits, and unrealized investment gains totaled $2,832,876 — including federal income and benefits of $903,497; outside awards and royalties totaling $1,019,205; and $910,174 in investment gains.”
After the 81-year-old retires from his position, he is set to receive the largest pension in government history. Forbes and openthebooks.com estimated that “Dr. Fauci’s annual retirement would exceed $350,000. Thereafter, his pension and benefits would continue to increase through annual cost-of-living adjustments. Fauci has 55 years of service as a federal employee.”