In 2020, Womply and Yelp data reported an estimate of about 400,000 businesses had to close permanently as a result of the Covid-19 pandemic. At the beginning of the crisis, tens of millions of people lost their jobs, and unemployment rates remained high in the year 2020. 20 million households reported having little to eat, and another 10 million reported being behind on rent payments.
That same year, at the height of the Covid-19 pandemic, the Fauci household net worth was $7,541,086. It now stands at $12,677,513 in 2022, as reported by OpenTheBooks. “While Dr. Fauci has been a government bureaucrat for more than 55 years, his household net worth skyrocketed during the pandemic,” CEO of OpenTheBooks, Adam Andrzejewski, said. “Fauci’s soaring net worth was based on career-end salary spiking, lucrative cash prizes awarded by non-profit organizations around the world, and an ever-larger investment portfolio.”
Fauci also earned one million dollars from foreign non-profit groups, including one Israeli-based organization, the Dan David Foundation, which gave him a cash prize of $1 million dollars for “speaking the truth.” “Despite becoming a figure of controversy, the system has rewarded Dr. Fauci handsomely,” Andrzejewski added. “For example, he is the top-paid federal employee, his first-year golden parachute retirement pension is the largest in federal history, and he’s accepting $1 million prizes from foreign non-profits.”
In addition to his income, disclosures showed an increase of $910,174 within the Fauci stock, bond, and money market portfolio. The top-paid federal employee earned cash compensation of $3.7 million from his employer between 2010 and 2020. Dr. Fauci’s wife, Christine Grady, has made nearly $2 million in cash compensation since 2015. In 2022, Dr. Fauci will be making more than the president, thanks to his nice salary of $480,000. He's also expected to receive about $1 million in his first three years of retirement since he is apparently entitled to receive $350,000 per year in pensions. As of today, The National Institute of Allergy and Infectious Diseases has not responded to Fox News' requests for comment.
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