Dr. Anthony Fauci and his spouse had a net worth of over $11 million when the then-director of the National Institute of Allergy and Infectious Diseases stepped down from his top government role, documents show.
Fauci and Christine Grady, who heads the bioethics department at the National Institutes of Health Clinical Center, saw their combined wealth balloon from around $7.6 million in 2019 to $11.5 million in late 2022, though they reported $12.6 million in 2021, according to Fauci's 2022 financial disclosure. The net worth increase over the years was the result of cash awards, salary hikes, royalties, and investment gains."Dr.
The disclosure, which was filed with the Office of Government Ethics, shows Fauci's assets have been spread between mutual funds, trust funds, and retirement accounts. Fauci, who was the highest-paid employee in the federal government, received $481,000 in 2022, up from $456,000 in 2021, records show.
Fauci also reported six gifts and travel reimbursements, including $2,500 in connection to a November 2022 dinner in honor of his portrait being installed in the National Portrait Gallery from the Smithsonian Institution and $1,500 from an award he received one month later from the Edward M. Kennedy Institute for the United States Senate, a Boston nonprofit group.
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Fauci and wife's net worth exceeded $11M when he departed government post, disclosures revealAnthony Fauci and his wife's net worth hovered around $11.5 million when he left his government post last year. Since before the pandemic, their net worth has increased by millions.
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