According to financial disclosures, Dr. Anthony Fauci and his wife’s net worth grew by an amazing $5 million in only two years during the pandemic.
Gee. I wonder how THAT happened??
Per Fox News:
The Faucis saw their net worth expand from $7.5 million in 2019 to $12.6 million at the end of 2021, watchdog group OpenTheBooks discovered and shared with Fox News Digital. The increase came from the likes of investment gains, awards, compensation and royalties.
“While Dr. Fauci has been a government bureaucrat for more than 55 years, his household net worth skyrocketed during the pandemic,” OpenTheBooks CEO Adam Andrzejewski told Fox News Digital. “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.”
“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.”
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
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.
It must be nice to be in a position to profit handsomely from a pandemic you are stirring into a frenzy, huh?Commentary