Fauci's Net Worth Soared During the COVID-19 Pandemic
Financial Disclosures Released
According to a government spending transparency watchdog group, the net worth of Dr. Anthony Fauci and his wife, Christine Grady, soared during the COVID-19 pandemic. Previously, the National Institutes of Health (NIH) had released heavily redacted financial disclosures for Dr. Fauci, including the fund balances, making it impossible to determine his net worth. However, the latest disclosures provide a clearer picture of the couple's finances.
Significant Income Increase
Dr. Fauci made $417,608 in 2019, the latest year for which federal salaries are available. This made him not only the highest-paid doctor in the federal government but also significantly wealthier than other top medical officials. In addition to his salary, Dr. Fauci also earned royalties from his book and speaking engagements.
Wife's Contribution
Mrs. Grady, also a prominent scientist, contributed significantly to the couple's wealth. Her salary as chief bioethicist at the National Institutes of Health was $234,833 in 2019. The couple also had substantial investment income, with their largest holding being a retirement account valued at over $10 million.
Conclusion
The release of these financial disclosures sheds light on the wealth accumulated by Dr. Fauci and his wife during the COVID-19 pandemic. Questions may arise regarding the potential conflict of interest this presents in his role as a top advisor to the government on public health matters. As the pandemic continues to impact the lives of millions of Americans, the focus on transparency and accountability in government spending remains crucial.
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