Former National Institute of Allergy and Infectious Diseases director Anthony Fauci and his wife had a combined net worth of more than $11 million when he left his government position, disclosures have revealed.
Fauci’s 2022 termination report, obtained by Fox News Digital from an open records request, included his finances through his exit at the end of last year. The documents show that Fauci and his wife made almost $ 2 million since before the pandemic but experienced a decrease in the amount from 2021 to 2022.
Fox News Digital also shared the document with OpenTheBooks CEO Adam Andrzejewski, whose team first obtained and analyzed several of his disclosures last year.
“In the years of the pandemic, the Fauci became deca-millionaires with a net worth of their home of more than $10 million,” Andrzejewski told Fox News Digital. “Last year was a tough year for the markets. However, Fauci’s net worth is still up from $7.6 million in 2019.”
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Dr. Anthony Fauci and his wife’s net worth exceeded $11 million by the time he resigned from his government post at the end of last year. (AP Photo/Jacquelyn Martin, File)
“Prior to his retirement in December, Fauci was the highest-paid federal employee ($480,654) and far outweighed the president ($400,000),” Andrzejewski said. “In retirement, we estimate that Fauci collected a federal pension, which rivals the president’s salary. It is the largest federal retirement package in history.”
Disclosures show the Faucis saw their net worth expand from nearly $9.54 million in 2019 to $11.5 million at the end of 2022. The growth of the years comes from investment profits, rewards, fees, and royalties. However, they experienced a $1.1 million net worth decrease from 2021 to 2022. The pair reported a combined $12.6 million net worth in 2021.
Fauci spread his assets among trust funds, retirement accounts, and college education accounts. He invests in mutual funds with no documented holdings in individual stocks.
At the end of last year, Fauci’s account balance totaled $9.25 million, as his wife, Christine Grady, added about $2.2 million.
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Fauci and his wife’s net worth has increased by millions since the pre-pandemic period. (AP Photo/Carolyn Kaster)
Fauci’s compensation also increased by nearly $25,000 between 2021 and 2022 as he remains the highest-paid federal employee, receiving more than President Biden. Fauci earned nearly $481,000 in compensation in 2022, an increase from the $456,000 he earned in 2021.
Fox News Digital reached out to Grady’s government email account seeking comment from them on their net worth but did not receive a response.
Fauci, who resigned in December, has since joined Georgetown University as a Distinguished University Professor in the School of Medicine’s Department of Medicine in the Division of Infectious Diseases, which the school describes as “an academic division that provides clinical care, conducting research and training future doctors in infectious diseases.”
The announcement said Fauci will also hold an appointment at the university’s McCourt School of Public Policy.
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Fauci has since joined Georgetown University as a Distinguished University Professor in the School of Medicine’s Department of Medicine in the Division of Infectious Diseases. ((Tom Williams/CQ-Roll Call, Inc via Getty Images))
Fauci has become a polarizing figure during the pandemic. Last year, he admitted that he knew that the “draconian” measures of the pandemic would lead to “collateral negative consequences” for the economy and students.
While justifying the measures, he said that “sometimes when you do draconian things, it has collateral negative consequences, like when you close things, even temporarily, it has devastating economic consequences, of students. You know that.”
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Fauci confirmed that he was at risk of these injuries, adding, “But you have to strike a balance when you’re dealing with — we know that the only way to stop something cold in its tracks is to try and closing things.”
“If you close things just for the sake of it, that’s bad,” he said, adding, “But if you do it with the goal of being able to rebuild so you can open in a safer way, that’s the best.” way to do it.”
Fox News Digital’s Gabriel Hays contributed reporting.
