{"id":131425,"date":"2022-09-30T09:18:08","date_gmt":"2022-09-30T13:18:08","guid":{"rendered":"https:\/\/valorguardians.com\/blog\/?p=131425"},"modified":"2022-09-29T21:44:45","modified_gmt":"2022-09-30T01:44:45","slug":"fauci-and-wife-see-over-5m-increase-in-net-worth-during-the-pandemic","status":"publish","type":"post","link":"https:\/\/www.azuse.cloud\/?p=131425","title":{"rendered":"Fauci and wife see over $5M increase in net worth during the pandemic"},"content":{"rendered":"
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Dr. Fauci and his wife appeared to have done better during the pandemic years than during the previous years. (OpenTheBooks)<\/span><\/strong><\/figcaption><\/figure>\n

As many businesses and Americans dealt with pandemic related challenges to their finances, Dr, Fauci and his wife saw an increase in their net worth. OpenTheBooks, a watch group that conducts these kinds of analysis, found that the Fauci and his wife went from a net worth of over $7.5 million as of January 1, 2019, to a net worth of over $12.6 million as of January 1, 2022. Compensation, royalties, awards, investment gains, etc., contributed to the net worth increase.<\/p>\n

From Fox News:<\/span><\/strong><\/p>\n

According to OpenTheBooks, which obtained Fauci’s financial disclosure forms to calculate the figures, the Faucis saw their investment gains top $900,000 in 2021, while their portfolios experienced a nearly $800,000 increase in 2020.<\/p>\n

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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

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.<\/p>\n

“Our auditors at OpenTheBooks.com relentlessly pursued transparency into the Fauci Family Finances \u2014 and those of the NIH itself \u2013\u2014 because the stakes are so high,” Andrzejewski said.<\/p>\n

“We filed four federal lawsuits to follow the money, and documents are starting to be produced,” Andrzejewski added. “Public health guidance during the pandemic has drastically impacted the lives of every citizen, and Dr. Fauci has been its most visible face. It’s critical to know whether any decision-making is tied up in the financial interests of public leaders, whether they’ve made any ethics disclosures to the government, and how they invested.”<\/p><\/blockquote>\n

Fox News has additional information, photos, and a video here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

As many businesses and Americans dealt with pandemic related challenges to their finances, Dr, Fauci and … Fauci and wife see over $5M increase in net worth during the pandemic<\/span>Read more<\/a><\/p>\n","protected":false},"author":661,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[484],"tags":[],"class_list":["post-131425","post","type-post","status-publish","format-standard","hentry","category-covid-19"],"_links":{"self":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/131425","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/users\/661"}],"replies":[{"embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=131425"}],"version-history":[{"count":0,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=\/wp\/v2\/posts\/131425\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=131425"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=131425"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.azuse.cloud\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=131425"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}