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Dr. Fauci and wife’s wealth ‘skyrocketed’ by $5 million during pandemic: analysis
Key Excerpts from Article on Website of New York Post
Posted: October 10th, 2022
https://nypost.com/2022/09/29/fauci-and-wifes-wealth-skyrock...
Dr. Anthony Fauci and his wife’s net worth grew by $5 million during the COVID-19 pandemic as thousands of US residents struggled financially, according to a government spending watchdog group. The combined wealth of the 81-year-old retiring director of the National Institute of Allergy and Infectious Diseases and his bioethicist wife, Christine Grady, soared from $7.5 million in 2019 to $12.6 million at the end of 2021, according to a report from the non-profit OpenTheBooks. “Despite becoming a figure of controversy, the system has rewarded Dr. Fauci handsomely,” the group’s CEO, Adam Andrzejewski, [said]. “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 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.” Last year, Fauci raked in lucrative awards from nonprofits, including $1 million from the Dan David Foundation for “speaking truth to power” and “defending science” during the Trump Administration. He kept $910,400 of that award, while roughly 10% went to scholarship winners. His total compensation was $456,028 last year, up from the $434,312 he earned in 2020. Overall, the couple’s investments also increased by more than $900,000 in 2021 while their portfolios — which included trust, retirement and college education accounts — jumped $800,000 in 2020.
Note: Why is Anthony Fauci paid more than the U.S. president? Could it be a reward for gifting big Pharma with many billions in profits? For more along these lines, see concise summaries of deeply revealing news articles on government corruption and the coronavirus from reliable major media sources.
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