After retiring as the director of the U.S. National Institutes of Health’s (NIH) National Institute of Allergy and Infectious Disease (NIAID) last year, Anthony Fauci, MD reported a net household worth of $11.5 million.
This included the net worth of his wife Christine Grady, chief bioethicist at NIH.
Dr. Fauci’s termination report showed that the couple’s wealth increased by nearly $2 million dollars during the Covid-19 pandemic.
According to Adam Andrzejewski, CEO and founder of the Chicago-based nonprofit OpenTheBooks, which analyzed Dr. Fauci’s finances:
During the pandemic years, the Fauci’s became deca-millionaires with their household net worth exceeding $10 million. Last year was a tough year in the markets. However, Fauci’s net worth is still up sharply from $7.6 million in 2019.
The Fauci fortune came largely from investments, awards, royalties and salary increases. Dr. Fauci said that all money he received from royalties goes to charities.
He received approximately $1 million in prizes from nonprofit organizations, including the Dan David Foundation of Israel, from which he received $901,400 for “defending science” and “speaking truth to power.”