(TheLastPatriotNews.com) – While his COVID-19 pandemic dictates were crippling the United States, former White House medical adviser Anthony Fauci became tremendously wealthy, adding millions of dollars to his net worth.
At the end of 2022, Fauci retired after heading the National Institute on Allergies and Infectious Diseases for almost 40 years and serving as the White House Chief Medical Adviser for Joe Biden.
The former top medical official retired as the highest-paid federal employee of all time, with an annual salary of over $480,000.
According to documents obtained by Fox News, Fauci and his wife, Christine Grady, another high-profile federal civil servant, added about $2 million to their combined family fortune between 2019 and the end of 2022.
Thus, according to the former NAIAD chief’s termination report, his family’s net worth leaped to $11.5 million in December 2022.
The increase between January 2019, the Faucis’ wealth stood at $7.5 million, and December 2021 is even steeper, as they raked in an extra $5 million during that period.
The Faucis boosted their wealth due to “investment gains, awards, compensation and royalties,” the report reveals.
Their family fortune had reached a peak of $12.6 million in 2021 but dropped by about $1 million due to stock market losses, informed Adam Andrzejewski, CEO of OpenTheBooks CEO, a Chicago-based nonprofit.
“During the pandemic years, the Fauci’s became deca-millionaires with their household net worth exceeding $10 million,” he said.
“Last year was a tough year in the markets. However, Fauci’s net worth is still up sharply from $7.6 million in 2019,” Andrzejewski elaborated.
According to the report, the former White House medical adviser’s net worth stands at $9.25 million, while his wife’s fortune is estimated at $2.2 million.
The family’s assets include “trust funds, retirement accounts, and college education accounts.”
The report points out that Fauci presently receives an annual pension of about $350,000 – the largest in federal government history – for serving as a government employee for 55 years.
In February 2023, a motivational speaker page revealed that the former NIAID director charged up to $100,000 for public lectures. After retiring, he joined the faculty of Georgetown University.
“Even though Fauci left his federal position, taxpayers funded and guaranteed a lifetime pension payout that we estimate rivals the president’s salary,” Andrzejewski commented.
What is your opinion of Fauci? Email [email protected] and share your thoughts about Fauci. Thank you.