Fauci, Enriched
Very
“I don’t understand why you’re asking me that question. My financial disclosure is public knowledge and has been so for the last 37 years… All you have to do is ask for it.”
So assured the nation’s doctor, Anthony Fauci — “It is totally accessible to you if you want it” — in an aghast response to questioning from Kansas Senator Roger Marshall in January of this year.
Marshall’s office could not find the most recent filing, so he asked for it. And for his daring to question “The Science,” Fauci slammed Marshall as a “moron” and scoffed under his breath, “Jesus Christ,” in a post-testimony hot mic moment.
Senator Moron also happens to be an obstetrician. He has served as chairman of the board of a hospital, as vice-president of a bank, and as a captain in the US Army Reserve.
Considering the senator’s credentials, one is left to wonder what carefully selected description Fauci would pin on Mr. Adam Andrzejewski, the head of OpenTheBooks.com, whose organization filed four lawsuits to obtain Fauci’s “public” financial disclosure and released them last month.
As the nation’s highest paid employee and as the man who carries most of the responsibility for the bungled mess that was/is the “national covid response,” the public deserves to know — our community here in New Orleans deserves to know — that Anthony Fauci’s household wealth has grown by more than $5 million in these past couple covid years, to $12.6 million.
Pandemics pay handsomely:
With all credit to OpenTheBooks, here’s more:
· Net Worth: The Fauci household disclosed net worth increased from $7.6 million (January 1, 2019) to over $12.6 million (December 31, 2021).
· Top Paid: Fauci continued to be the most highly compensated federal employee earning $456,000 in 2021 and $480,000 in 2022. Fauci out-earned the president, four-star generals, and roughly 4.3 million other federal bureaucrats.
· Big Awards: In 2021, Fauci augmented his government income with nearly $1 million in prizes from non-profit organizations across the world. For example, the Dan David Foundation, based in Israel, awarded $901,400 for “speaking truth to power” and “defending science” during the Trump administration.
During the ongoing pandemic year of 2021, the Fauci’s household income, perks and benefits, and unrealized investment gains totaled $2,832,876 — including federal income and benefits of $903,497; outside awards and royalties totaling $1,019,205; and $910,174 in investment gains.
Here are more numbers as compiled by the auditors at OpenTheBooks.com. This analysis uses both previous and recently released information.
Investment Gains: $910,174
Disclosures show $910,174 in gains within the Fauci stock, bond, and money market portfolio during 2021 – in 2020, the portfolio gained $794,369. The total value of Dr. Fauci’s investment account was $10,271,626 and his wife’s investments totaled another $2,405,887, as of 12/31/2021.
These funds were held in a mix of trust, retirement, and college education accounts. Fauci has an IRA worth $706,219 (up $67,700); a defined benefit brokerage account totaling $2,551,210 (up $147,688); and a revocable trust worth $7,014,197 (up $1,718,299). His wife’s revocable trust is worth $2,269,225 (up $306,406) and an IRA totaling $136,662 (up $16,385).
The disclosures show that he’s invested in fairly broadly targeted mutual funds, with no reported holdings of individual stocks. The Fauci’s deposited an additional net $1,346,304 in savings during this period.
Gifts And Awards: $919,205
In January 2021, Fauci received $1 million with the prestigious Dan David Prize affiliated with Tel Aviv University for “speaking truth to power” and “defending science” during the Trump administration. Disclosures show that Fauci kept $901,400 of that prize with roughly 10-percent awarded to handpicked scholarship winners.
Fauci also collected awards of $12,500 from the Eliot Richardson Prize in Public Service on July 31, 2021 and the Abelson Prize from the American Association for the Advancement of Science on February 8, 2021.
OpenTheBooks.com does exactly that; they have even released Dr. Fauci’s work calendar. And they’re somewhat tenacious in their pursuit of information that should be truly public knowledge. All credit to Adam Andrzejewski and his team.
Read their substack here.