TeamDML offers insights, opinions, podcasts, videos and other forms of content intended to educate and better explain trending news that is made available to the public by third parties. In this particular case, we refer to an excerpt from Fox News:
Former National Institute of Allergy and Infectious Diseases director Anthony Fauci and his wife had a combined net worth that exceeded $11 million when he departed his government post, disclosures reveal.
Fauci’s 2022 termination report, which Fox News Digital obtained from an open records request, included his finances through his exit at the end of last year. The documents show that Fauci and his wife were up nearly $2 million since before the pandemic but experienced a net worth dip from 2021 to 2022.
Fox News Digital also shared the document with OpenTheBooks CEO Adam Andrzejewski, whose group had first obtained and analyzed several prior years of his disclosures.
According to the report, the Faucis’ net worth grew from around $9.54 million in 2019 to $11.5 million by the end of 2022.
Andrzejewski told Fox News Digital, “Before his retirement last December, Fauci was the highest-paid federal employee ($480,654) and significantly outearned the president ($400,000). In retirement, we estimate that Fauci is collecting a federal pension, which rivals a presidential salary. It’s the largest federal retirement package in history.”
Despite being the highest-paid federal employee, whose salary was even higher than that of the U.S. president, Fauci’s annual compensation increased by nearly $25,000 between 2021 and 2022, after Joe Biden took office.
In 2021, Fauci earned about $456,000, and in 2022, that increased to roughly $481,000, the report states.
After stepping down from the NIH in December, Fauci has now joined Georgetown University as a Distinguished University Professor in the School of Medicine’s Department of Medicine in the Division of Infectious Diseases.
Fauci and wife’s net worth exceeded $11M when he departed government post, disclosures reveal https://t.co/UUgLgobVCC
— Fox News Politics (@foxnewspolitics) September 19, 2023
To get more information about this article, please visit Fox News. To weigh in, leave a comment below.
The post REPORT: Fauci and wife’s net worth revealed following departure from top government post appeared first on Dennis Michael Lynch.
Click this link for the original source of this article.
Author: Anneta Griffee
This content is courtesy of, and owned and copyrighted by, https://dennismichaellynch.com and its author. This content is made available by use of the public RSS feed offered by the host site and is used for educational purposes only. If you are the author or represent the host site and would like this content removed now and in the future, please contact USSANews.com using the email address in the Contact page found in the website menu.
