By Josh Christenson | New York Post
Former White House chief medical adviser Dr. Anthony Fauci and his wife, Christine Grady, reported a net worth of more than $11 million after he retired as director of the National Institute of Allergy and Infectious Diseases (NIAID) at the end of last year.
A National Institutes of Health (NIH) termination report obtained by Fox News showed Fauci, 81, and Grady holding $11.5 million in assets — with Fauci responsible for the majority of those.
The wealth expansion came from mutual fund investments, awards, federal compensation increases, and royalties, the outlet reported, though Fauci has said he donates all of his royalties to charity.
Fauci and Grady, who serves as the chief bioethicist at NIH, also saw their net worth decline by $1.1 million in 2022 from the previous year.
As chief medical adviser to President Biden and a member of the White House Coronavirus Task Force under former President Donald Trump, Fauci made more than both commanders-in-chief and was the highest-paid federal employee during the pandemic.
He exited government service with a salary of roughly $481,000, according to Fox News.
NIH declined to comment when contacted by The Post. Grady did not immediately respond to a request for comment.
An earlier investigation by the taxpayer watchdog OpenTheBooks.com found Fauci and his wife saw a massive net worth increase of $5 million between January 2019 and December 2021 — up from $7.5 million prior.
That valuation included trust, retirement, and college education accounts in addition to salary hikes, royalties, and cash awards.
The former White House COVID czar, who championed mask and vaccination mandates to halt the spread of the virus, took $1 million from at least one nonprofit, the Dan David Foundation, in 2021 for “speaking truth to power” and “defending science” under Trump.
OpenTheBooks revealed that Fauci retained $910,400 from that award and contributed 10% of it to scholarships.
“Despite being viewed as a lifelong public servant, Dr. Fauci and his wife Christine Grady — who still remains among NIH leadership today — managed to become decamillionaires,” OpenTheBooks CEO Adam Andrzejewski told The Post.
“It came through a mix of decades-long tenure and special assignments that added to Fauci’s salary, as well as awards, payments, and perks from private entities,” he said. “Even though Fauci left his federal position, taxpayers funded and guaranteed a lifetime pension payout that we estimate rivals the president’s salary.”
Fauci joined the faculty of Georgetown University earlier this year as a distinguished professor at the Infectious Diseases Division in its School of Medicine. He married Grady at the campus’ Dahlgren Chapel in 1985.
“This is a natural extension of my scientific, clinical, and public health career, which was initially grounded from my high school and college days where I was exposed to intellectual rigor, integrity, and service-mindedness of Jesuit institutions,” Fauci said in a June press release announcing his Georgetown appointment.