Dr. Anthony Fauci’s net worth soared by millions of dollars and almost doubled during the pandemic, newly unsealed documents have revealed.
A new report by government spending watchdog Open the Books reveals that Fauci’s wealth skyrocketed by $5 million during 2020 and 2021.
The organization has released an analysis of Fauci’s 2021 financial disclosure form after receiving it from the National Institutes of Health (NIH) on Wednesday.
The nonprofit’s team of auditors found much of their previous forecasting to be confirmed and that the Fauci household’s wealth had soared to over $12.6 million.
During the fiscal year 2020 and FY21, the height of the pandemic, Fauci’s household net worth rose by $5 million.
Fauci has also continued earning more than the President of the United States, the report confirmed.
In 2021, he received $456,000 in compensation.
He’s already told the Washington Post that the number is ballooning to $480,000 for 2022.
Open The Books has persistently fought for transparency around NIH’s finances and whether it impacts their public health decisions, as well as for the compensation of Dr. Fauci and his wife Christine Grady.
Grady is Chief of NIH Clinical Center’s Department of Bioethics.
While he out-earns the president, she out-earns the Vice President of the United States.
Grady collected $238,970 in 2021 and has earned over $1.6 million since 2015.
The watchdog’s years-long effort includes four lawsuits with the Department of Health and Human Services (HHS) over its lack of transparency.
The organization’s investigation into private royalties paid to NIH and its scientists has sparked interest from a group of senators led by Senator Rand Paul (R-KY)
Sen. Paul has vowed to continue investigating after Fauci’s retirement.
He and four more senators on the Homeland Security and Government Affairs Committee have written NIH demanding answers.
The findings also led Rep. John Moolenaar (R-MI) to question NIH acting director Lawrence Tabak directly in a public hearing.
Open The Books reported Dr. Fauci’s 2021 salary in Forbes Magazine, which precipitated his questioning by Sen. Roger Marshall (R-KS) about why the information isn’t easily available to the public.
The tense exchange ended with Fauci audibly referring to Marshall as a “moron.”