Fauci and wife’s net worth exceeded $11 million during pandemic

WASHINGTON (TND) — Former White House Medical Advisor Dr. Anthony Fauci and his wife had a net worth of over $11 million before he left his government post this past December.

CEO of Open the Books Adam Andrezejewski joined The National Desk’s Jan Jeffcoat to break it down.

“So it was an even sharper rise than that at the peak. So at the end of 2021, certainly within the pandemic, the Fauci net worth approached $12.6 million, up from $7.6 million. So it was a sharp $5 million increase in their household net worth during the pandemic,” he said. “Now last year because of the weakness in the stock markets to focus on a household basis, didn’t take $8 million haircut, their net worth ended 2022 at at $11.5 million. It’s still a lot of money.”

According to required federal ethics and financial disclosures, Dr. Anthony Fauci and his wife, Dr. Christine Grady, who also worked at the National Institutes of Health, saw their net worth increase from $7.6 million to $11 million during the pandemic years.

Open the Books auditors determined with the Federal Freedom of Information Act request that Fauci made $480,000. Andrezejewski says it was a sharp rise from 2019 at $419,000.

“If you add together their base salaries and if you tack on a third for the cost of federal benefits on a taxpayer cost basis, the Fauci’s were clearing $1 million a year into their household,” Andrezejewski said. “I think the key to understanding U.S. health care policy during the pandemic was simply meet the Fauci’s. While Dr. Anthony Fauci was crafting the U.S. healthcare response to the pandemic, his wife as the chief biosynthesis was putting together the ethical studies to back his policies, including the key areas of mandatory masking, economic walk downs, and patients dying in isolation.”