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It’s widely speculated that Dr. Anthony Fauci and big pharmaceutical companies used the pandemic to control Americans and increase their personal wealth.
Fauci and his wife saw their net worth skyrocket to $12.6 million by the end of 2021, according to watchdog group OpenTheBooks. This represents an increase of $5 million in just three years.
OpenTheBooks CEO Adam Andrzejewski said, “While Dr. Fauci has been a government bureaucrat for more than 55 years, his household net worth skyrocketed during the pandemic.”
“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,” he asdded.
“Despite becoming a figure of controversy, the system has rewarded Dr. Fauci handsomely,” Andrzejewski 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.”
Fauci’s financial disclosure forms were obtained in order to calculate the figures.
They saw investment gains top $900,000 in 2021 and their portfolios experienced a nearly $800,000 increase in 2020.
More on this story via Fox News:
The funds were in a combination of trust, retirement and college education accounts, and Fauci invested in mutual funds with no reported holdings of individual stocks. At the end of last year, Fauci’s account totaled $10.2 million, as his wife, Christine Grady, added $2.4 million in investments, the analysis shows.
Fauci also pocketed lucrative awards from nonprofits, including $1 million in 2021 from the Dan David Foundation for “speaking truth to power” and “defending science” during the Trump administration. He held on to $910,400 of the award, while roughly 10% went to scholarship winners, OpenTheBooks found. He also received $12,500 awards from the Eliot Richardson Prize in Public Service and the Abelson Prize from the American Association for the Advancement of Science.
Additionally, Fauci’s compensation increased by more than $20,000 between 2020 and 2021, as he remained the highest paid federal employee, including taking home more than President Biden. Fauci received $456,028 in compensation in 2021, an uptick from the $434,312 he earned in 2020.
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Meanwhile, Fauci’s wife, the National Institutes of Health’s chief bioethicist, was paid $238,970 in 2021, a slight increase from the prior year. She has earned $1.6 million in compensation from her position since 2015.
The disclosures further showed that Fauci, who edits the medical book “Harrison’s Principles of Internal Medicine” and sits on the publisher’s board, received $100,000 for the editor duties in 2021.