National Institute of Allergy and Infectious Diseases (NIAID) Director Anthony Fauci and his wife saw a net worth increase of $5 million during the COVID-19 pandemic, according to an analysis by a government watchdog group.
Between Jan. 1, 2019 and Dec. 31, 2021, the Faucis expanded their net worth from $7.6 million to more than $12.6 million, according to OpenTheBooks’ Wednesday analysis of the 81-year-old retiring NIAID director’s financial disclosures. The director was the highest paid federal employee in both 2021 and 2022, earning $456,000 per year and $480,000 per year, respectively, the analysis noted.
Fauci and his wife Christine Grady, chief bioethicist at the National Institutes of Health (NIH), in 2021 reaped $900,000 in investment portfolio gains combined and roughly $800,000 in 2020 gains, according to OpenTheBooks’ analysis, Their combined net worth increase was the result of salary increases, royalties and cash awards, according to the analysis.