White House Chief Medical Adviser Dr. Anthony Fauci — the long-serving head of the National Institute of Allergy and Infectious Diseases, and the public face of the federal government’s response to the coronavirus pandemic — did quite well for himself financially over the past couple of years while most other Americans struggled.
It was recently revealed that Fauci increased his own personal wealth by around $5 million between 2019 and 2021, according to data obtained by a government transparency watchdog group, the Conservative Brief reported.
The substantial influx of wealth over the three-year period included his exorbitant federal salary — the highest of all federal bureaucrats — as well as federal benefits and perks, investments, royalties and awards, and the income of his wife, who is also a highly-paid federal bureaucrat.
Fauci grew $5 million richer during the pandemic
Adam Andrzejewski, the founder and CEO of the Open the Books watchdog organization, recently exposed Dr. Fauci’s incredible windfall during the pandemic years in a Substack post following a lawsuit-forced release from the National Institutes of Health of the bureaucrat’s Fiscal Year 2021 financial disclosure forms.
Those forms, in conjunction with the already released disclosures of FY 2019 and FY 2020, painted the most complete picture to date of just how wealthy Dr. Fauci has become from his decades of government service, particularly over these past couple of years.
As of the start of FY 2022 last October, Fauci’s net worth was more than $12.6 million — up more than $5 million from his previous net worth of approximately $7.5 million at the start of FY 2019.
The numbers for Fauci, per his financial disclosure forms
According to the forms obtained by Open the Books, the most substantial portion of that increase in wealth came from Dr. Fauci’s annual salary, which increased from $434,000 in 2020 to $456,000 in 2021 and is now at $480,000 for 2022.
Some of the increase in wealth came from Fauci’s wife, Christine Grady, who serves as the chief bioethicist at NIH and received federal compensation totaling nearly $239,000 in 2021.
Between the start of 2019 and the end of 2021, Fauci also received nearly $1 million in awards and prizes, around $910,000 from investments more than $200,000 in federal perks and benefits, and at least $100,000 in royalties and reimbursements.
However, the actual total received from royalties remains unknown, as NIH has fought tooth-and-nail to prevent such disclosures and, remarkably, even after being ordered by a court to disclose that information, has continued to redact the monetary figures for individual bureaucrats in any disclosure forms that have been released.
Unknown amount of royalties paid is a big issue
According to Fox News, the unknown amount of money that Dr. Fauci and other federal bureaucrats may have earned in royalties, particularly from pharmaceutical companies, is a big deal for Sen. Rand Paul (R-KY) and will be a top priority to be fully exposed if Republicans regain control of the Senate following the midterm elections in November.
“We’ve been asking you and you refused to answer whether anybody on the vaccine committees gets royalties from the pharmaceutical companies,” Paul said to Fauci during a Senate hearing a couple of weeks ago. “I asked you last time, and what was your response? We don’t have to tell you. We’ve demanded them through the Freedom of Information Act. And what have you said? We’re not going to tell you. But I tell you this, when we get in charge, we’re going to change the rules and you will have to divulge where you get your royalties from, from what companies, and if anybody in the committee has a conflict of interest, we’re going to learn about it. I promise you that.”