Dr. Anthony Fauci, former White House chief medical adviser, and his wife, Christine Grady, have a net worth of more than $11 million, following his retirement as the director of the National Institute of Allergy and Infectious Diseases last year.
A report from the National Institutes of Health, obtained by Fox News Digital, showed that the couple’s net worth increased from roughly $9.54 million in 2019 to $11.5 million at the end of 2022. The increase is said to come from investments, awards, royalties and compensation.
Mr. Fauci and Ms. Grady, who is the chief bioethicist at NIH, actually saw their net worth decrease by $1.1 million in 2022 from 2021. Their peak net worth in 2021 was $12.6 million.
Before his retirement, Dr. Fauci — who was known best for his COVID-era mask and vaccine policies — was the highest-paid federal employee with an annual salary of nearly $481,000, which surpassed the president, who made $400,000, according to the report.
“In retirement, we estimate that Fauci is collecting a federal pension, which rivals a presidential salary,” OpenTheBooks CEO Adam Andrzejewski told Fox News Digital. “It’s the largest federal retirement package in history.”
Most of the net worth balance comes from Dr. Fauci himself, with $9.25 million in his accounts, while his wife contributed about $2.2 million.
The report said that Dr. Fauci has spread his earnings across trust funds, retirement, and college education accounts. He has also invested in mutual funds.
• Mallory Wilson can be reached at mwilson@washingtontimes.com.
Please read our comment policy before commenting.