A Republican senator who called Dr. Anthony Fauci to the test because of his financial disclosures — which led a frustrated Fauci to secretly call him an “idiot” — has released the federal public health expert’s data.
The data shows that Fauci — the highest-paid federal employee, who earns more than President Joe Biden — and his wife, the top bioethicist at the National Institutes of Health, have a combined net worth of $10.4 million.
Fauci, 80, has headed the National Institute of Allergy and Infectious Diseases since 1984 and, if he continues through the end of Biden’s term in 2024, he will have earned about $2.5 million as chief medical adviser to the president. He makes $434,312 a year as the head of the NIAID, where Biden’s salary is $400,000.
Faucis records reveal that he and his wife were awarded $5,000 to attend a virtual awards ceremony in December 2020, and also have a stake in an Italian restaurant in San Francisco, Jackson Fillmore Trattoria. However, the restaurant did not earn them any money, according to the revelations.
Fauci’s wife, Christine Grady, 69, also still works full-time at the National Institutes of Health with an annual salary of $176,000.
Roger Marshall, who represents Kansas, collided with the 80-year-old on Tuesday. Marshall wanted to see Fauci’s financial information; Fauci told him the documents were public.
dr. Anthony Fauci was seen Tuesday, during a heated Congressional hearing, holding up a screenshot of Rand Paul’s website raising money by charging supporters to donate to his “Fire Dr Fauci” campaign.
Fauci was caught red-handed by Roger Marshall, a Republican senator for Kansas, for his financial disclosures
Marshall gets $174,000 a year as a senator. Joe Biden as president earns $400,000 a year; Fauci is the highest paid civil servant earning $434,312
“Yes or no, would you be willing to submit to Congress and the public a financial disclosure that includes your past and current investments?” asked Marshall. “Our office can’t find them.”
Fauci replied, “I don’t understand why you’re asking me that question.
“My financial disclosure is well known and has been for some 37 years.”
The Center for Public Integrity reported that Fauci’s financial statements were indeed publicly available, but noted that obtaining them was a lengthy process: they requested the document in May 2020 and only received it three months later.
Publicly available salary information for Fauci shows that he earned $3.6 million between 2010 and 2019.
He will earn about $2.5 million more for the years 2020 to 2024 if he stays on during Biden’s current term.
Financial data from December 2020 shows that the New York-born medical expert has a contributing IRA with $638,519.70 in it and a brokerage account with $2,403,522.28.
All of his accounts are with Charles Schwab: the most valuable of the three disclosed is a Schwab One Trust with $5,295,898.92.
His three bills total $8,337,940.90.
She has two accounts – an IRA, with $120,277.82, and a Schwab One Trust with $1,962,819.27 – totaling $2,083,097.09.
Together, the couple is worth $10.4 million.
By comparison, Pfizer CEO Albert Bourla was awarded $21 million last year.
Fauci is pictured in October 2016 with his wife Christine Grady, the chief of the Division of Bioethics at the National Institutes of Health. The couple married in 1983 and have three daughters. She earns $176,000 for her work
The veteran public health expert had $5.3 million in his trust account
Fauci had $2.4 million in a brokerage trust account
His third of three accounts, an IRA, contained $639,000
Fauci’s wife, Christine Grady, had $120,000 in her IRA
Grady also had $1.96 million in her trust account
Fauci was paid $5,000 – declared as a gift – to attend a virtual gala in December 2020
He also handed them to Fox, stating that Fauci is “more concerned about being a media star and posing for the cover of magazines than being honest with the American people and holding China responsible for the COVID pandemic that is affecting life.” has cost nearly 850,000 Americans.’
Fauci is paid $434,312 as head of NIAID.
In comparison, the president’s salary has been $400,000 a year since 2001.
Fauci, a civil servant for nearly 40 years, is also eligible for Social Security and a full federal pension.
Fauci and Grady met in 1983 “over a patient’s bed,” she told In Style magazine – Grady then a clinical nurse practitioner at the NIH in Washington, DC, and Fauci an attending physician at the NIH.
They married that year and have three daughters.
Fauci appeared on the cover of In Style magazine in July 2020
Marshall, angered by Fauci’s insistence that his financial records were indeed public, announced Friday that he was enacting the FAUCI law “to hold Anthony Fauci and other well-paid government officials accountable.”
He added, “If you’re an unelected bureaucrat making hundreds of thousands of dollars, America needs to know if you have a conflict of interest.”
Hours later, Marshall published the document, which read, “I have reviewed Dr. Fauci obtained.
‘Dr. Fauci was completely dishonest about his disclosures being easily accessible to the public, which is why I’m releasing them now,” he tweeted.
Fauci’s money came largely from his salary, the documents show.
He also made between $100,000 and $1 million from his books, including multiple imprints of Harrison’s Principals of Internal Medicine — a textbook widely referenced by medical professionals.
Fauci has been on the editorial board of Harrison’s Principles of Internal Medicine since 1983 and was reimbursed $6,328 in July 2019 for a six-day trip to La Jolla to attend an editorial meeting, his revelations show.
Fauci has been on Harrison’s editorial board since 1983
He also served on the editorial board of Harrison’s Manual of Medicine, which was launched as a supplement to the main book’s 15th edition, and has edited four editions of Harrison’s Rheumatology.
Fauci also edited three editions of Harrison’s Infectious Diseases.
In November Fauci published “Expect the Unexpected: Ten Lessons on Truth, Service, and the Way Forward.”
He was not paid for the book, or the accompanying documentary.
The book was developed by National Geographic Books in connection with an upcoming National Geographic documentary film about Dr. Fauci,” said a spokesman.
“He earns no royalties from its publication.”
However, he did receive $5,000 to attend the virtual RFK ‘Ripple of Hope’ gala with his wife in December 2020.
He was also reimbursed $5,198 for expenses related to being awarded the Federal Employee of the Year and the Service to America Medal in October 2020.
Fauci announced a stake in the Jackson-Fillmore restaurant in San Francisco — but it didn’t make him any money
Fauci’s finances have long been a source of online conspiracy theories.
A Facebook post at the start of the pandemic alleged that Fauci downplayed the potential use of chloroquine and hydroxychloroquine to treat coronavirus patients, saying he would lose $100 million on a Gates-funded vaccine if the alternatives are proven to work. The message has been marked as disinformation.
Fauci himself hit back, pointing out that his critics are now using personal attacks on him to raise money.
Rand Paul, the Kentucky senator who likes to challenge Fauci in Congressional hearings, now has a button on his website where people can donate to his campaign funds, through a “Fire Fauci” contribution.
Fauci said that Paul “made money making me the bad guy.”
He added: ‘I have threats on my life.
“Harassment of my family and my children, with obscene phone calls because people lie about me.”