Fauci got really rich during pandemic

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ASPartOfMe
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04 Oct 2022, 6:40 am

Fauci and wife's net worth increased by $5M during the pandemic, analysis finds

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As many Americans and businesses struggled during the pandemic, National Institute of Allergy and Infectious Diseases director Anthony Fauci and his wife experienced a $5 million net worth increase.

The Faucis saw their net worth expand from $7.5 million in 2019 to $12.6 million at the end of 2021, watchdog group OpenTheBooks discovered and shared with Fox News Digital. The increase came from the likes of investment gains, awards, compensation and royalties.

"While Dr. Fauci has been a government bureaucrat for more than 55 years, his household net worth skyrocketed during the pandemic," OpenTheBooks CEO Adam Andrzejewski told Fox News Digital. "Fauci's soaring net worth was based on career-end salary spiking, lucrative cash prizes awarded by non-profit organizations around the world and an ever-larger investment portfolio."

"Despite becoming a figure of controversy, the system has rewarded Dr. Fauci handsomely," Andrzejewski said. "For example, he is the top-paid federal employee, his first-year golden parachute retirement pension is the largest in federal history, and he's accepting $1 million prizes from foreign non-profits."

According to OpenTheBooks, which obtained Fauci's financial disclosure forms to calculate the figures, the Faucis saw their investment gains top $900,000 in 2021, while their portfolios experienced a nearly $800,000 increase in 2020.

The funds were in a combination of trust, retirement and college education accounts, and Fauci invested in mutual funds with no reported holdings of individual stocks. At the end of last year, Fauci's account totaled $10.2 million, as his wife, Christine Grady, added $2.4 million in investments, the analysis shows.

Fauci also pocketed lucrative awards from nonprofits, including $1 million in 2021 from the Dan David Foundation for "speaking truth to power" and "defending science" during the Trump administration. He held on to $910,400 of the award, while roughly 10% went to scholarship winners, OpenTheBooks found. He also received $12,500 awards from the Eliot Richardson Prize in Public Service and the Abelson Prize from the American Association for the Advancement of Science.

Additionally, Fauci's compensation increased by more than $20,000 between 2020 and 2021, as he remained the highest paid federal employee, including taking home more than President Biden. Fauci received $456,028 in compensation in 2021, an uptick from the $434,312 he earned in 2020.


Scientist who tried to squash Wuhan lab leak theory gets more cash to study viruses
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A shadowy NYC non-profit run by a scientist who tried to squelch the theory that COVID-19 emerged from a Chinese lab has received millions more from the National Institutes of Health to study similar viruses in Southeast Asia.

A $653,392 grant to Peter Daszak’s EcoHealth Alliance, awarded Sept. 21, is being administered by the National Institute of Allergy and Infectious Diseases — whose director, Dr. Anthony Fauci, announced in August that he was stepping down at the end of this year.

The grant is the first installment of a five-year award totaling $3.3 million — and was doled out on the same day NIAID awarded EcoHealth more than $2.1 million for two more ongoing studies, one of which involves so-called “gain-of-function” to make viruses more dangerous.

EcoHealth Alliance previously received millions in grants — directing some of those funds to the Wuhan Institute of Virology, from where many believe COVID-19 leaked into the city of 11 million and trigged the worst global pandemic in 100 years.

Previously released emails have documented a close relationship between Daszak and Fauci, who received a “personal thank you” from the EcoHealth chief in April 2020 for backing the theory that COVID-19 spread naturally from bats to humans.

Vanity Fair reported in June of last year that Daszak personally organized a February 2020 statement signed by 27 scientists and published in the influential British medical journal The Lancet. The statement, which deplored the lab leak idea as a conspiracy theory, included the signatures of six scientists who had either worked at or been funded by EcoHealth Alliance — conflicts that, along with Daszak’s ties to the Wuhan lab, were not disclosed.

Daszak has so far declined to answer questions from lawmakers about EcoHealth’s work with the Wuhan lab, leading Sen. Joni Ernst (R-Iowa) to call for the organization to be blocked from receiving federal funds until its leader comes clean.

“This is like a bad sequel with the same plot and characters, but a bigger budget,” Ernst told The Post in a statement Monday.


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04 Oct 2022, 8:39 am

I always felt the way the CCP and WHO covered the origins of this virus was fishy from the start. But at this point it's too late to really do anything about it and this just reinforces my belief that we really can't trust those in positions of authority.


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Matrix Glitch
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04 Oct 2022, 10:27 am

This has been like one third a cash cow, one third political, and one third medical.



The_Face_of_Boo
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06 Oct 2022, 12:36 am

I wonder why this is not big international news; it never was.


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