The fortune of Dr Anthony Fauci, the former director of the National Institutes of Allergy and Infectious Diseases, doubled to about $15 million between 2019 and the end of 2023 over the course of the COVID-19 pandemic, a report revealed.
This is according to a report obtained by a watchdog group, OpenTheBooks, published in the New York Post on Monday.
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, the 141 pages of financial-disclosure forms obtained by the watchdog group disclosed.
The doctor who was at loggerheads with President Donald Trump in his first term reign reportedly made a fortune while the pandemic lasted, the report stated.
“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.
“Now it’s clear the cash kept coming during his first year of ‘retirement.’ He was rubbing elbows with groups like [America’s Health Insurance Plans] flanked by taxpayer-funded security â even as his wife remained the top bioethicist at [the National Institutes of Health], he added.
According to records, Fauci, 84, earned the highest salary for a government bureaucrat before his retirement, taking in $480,654 during his final year.