REPORT: Fauci’s fortune doubled ‘during worst of COVID lockdowns,’ watchdog group reveals

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From the New York Post: Dr. Anthony Fauci’s fortune doubled — hitting about $15 million — between early 2019 and the end of 2023 over the course of the pandemic, including “during the worst of the draconian COVID lockdowns,’’ according to records obtained by a watchdog group.

Fauci’s net worth was about $7.6 million in January 2019 before COVID-19 hit and surged to about $15 million by the end of 2023, 141 pages of financial-disclosure forms obtained by watchdog group Open The Books revealed.

The doctor, who previously helmed the National Institute of Allergy and Infectious Diseases, officially left the government at the start of 2023, later than previously known.

His first year of retirement was especially lucrative — when he earned more than $3.5 million alone, the records show.

“Dr. Fauci’s assets soared during the worst of the draconian Covid lockdowns while families and small businesses struggled through school closures and lost income,” Open the Books CEO John Hart said in a statement.


READ MORE from the New York Post.

WATCH:

In a social media post, Open The Books announced:

Fauci’s Household Got $3.5M Wealthier in First Year After Retirement. As he hit speaker circuit, wife Dr. Christine Grady remained NIH’s chief bioethicist.

Controversial National Institute of Allergies and Infectious Diseases (NIAID) Director Dr. Anthony Fauci left the federal government as America’s highest paid bureaucrat with a final salary of $480,654. That’s tens of thousands more than the President of the United States, a historic number that triggered a similarly unprecedented pension.

Well, he’s doing even better post-retirement.

Financial disclosures reveal that Fauci and his wife’s combined financial assets kept climbing by more than $3.5 million in 2023, to just over $15 million total. Most of that growth—$3.3 million—came from Fauci’s accounts.

The Daily Caller, who first reported on the Open The Books analysis, wrote:

Fauci leveraged his celebrity status as the top trusted messenger on COVID-19 to pad his earnings in 2023, just as newly empowered Congressional investigators sharpened their focus on the ways Fauci betrayed the public’s trust at the pandemic’s height.

Fauci sold his memoir to a subsidiary of Penguin Random House for a reported $5 million in March 2023. That news coincided with a March 2023 congressional memo showing Fauci had privately “prompted” an influential paper dismissing the theory that COVID could have resulted from a lab accident. On July 1, 2023, Fauci began an appointment at Georgetown University as distinguished university professor in both the School of Medicine and School of Public Policy. Roughly two weeks later, two of the coauthors of that paper testified to Congress about the extent of their collaboration with Fauci.

The White House on Friday updated the official covid.gov page to highlight this paper, “The Proximal Origin of SARS-CoV-2,” and Fauci’s behind-the-scenes role in downplaying the “lab leak theory.”

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