Has Dr Fauci’s net worth increased since COVID-19?
Although the pandemic became a situation of financial struggle for many of us, several others managed to benefit from the world falling apart. It’s no secret that medical centers as well as pharmaceutics care more about business than care centers. It’s sad how several doctors arrived at their profession motivated by achieving a wealthy net worth. Yet, it’s important to say not all doctors get to this point.
However, becoming a doctor takes years and school is so hard that you must show interest & capability. Not everyone can be a doctor, but should they charge as they do? Dr. Anthony Fauci for example has a net worth that beats several U.S. presidents! In case you don’t know, Fauci is an immunologist & director of the U.S. National Institute of Allergy and Infectious Diseases.
Dr. Fauci has been an important figure in several epidemics and allergenic studies, Covid-19 wouldn’t be an exception. Fauci has constantly externalized things that should have been systematically different during the COVID-19 Pandemic, but he almost duplicated his net worth in these years. Dr. Fauci is such a controversial figure no matter where you’re looking at this. But why is that?
Who is Dr. Fauci?
Dr. Fauci’s trajectory is impressive, but why is he so rich & important? As always, here’s everything you need to know. Dr. Fauci is currently the director of the National Institute of Allergy and Infectious Diseases. He has been key in the research to prevent, diagnose, and treat several complex infectious diseases such as respiratory infections, HIV/AIDS, tuberculosis, malaria, and diarrheal diseases.
He’s also the figure to manage emerging diseases of all kinds, such as Ebola, Zika, and now, COVID-19 & influenza. Dr. Fauci is so known due to all the political influence he has managed to advise several presidents in their medical choices. Fauci is currently Chief Medical Advisor to President Joe Biden. Yet, he has been an advisor to seven presidents on the management of HIV/AIDS-related issues.
Dr. Fauci has also been the longtime chief of the Laboratory of Immunoregulation. He has especially contributed to research on infectious diseases that affect enormous sectors of the population, so he’s not any kind of doctor. Dr. Fauci has also been responsible for major lectures globally. As you could tell, he has received several awards, such as the Presidential Medal of Freedom. But let’s talk about his net worth.
Dr. Fauci’s net worth
As it was mentioned, Doctor Fauci, who is currently eighty-one, earns a bigger net worth than several important political figures. In fact, he’s the top-paid federal employee, the American system has definitely benefited his global labor. Also, his retirement pension is supposed to be the largest in federal history! Besides that enormous parachute, he’s accepting $1 million from several foreign non-profits.
However, Fauci’s time as director of the National Institute of Allergy and Infectious Diseases and chief medical adviser to the president is ending in December. He’ll definitely not need to work ever again in his life, but he did mention he won’t stop working, but start a new chapter. Doctor Fauci, will definitely leave an enormous hole to fill for the next one to occupy his charge.
Although Fauci has worked on his net worth for decades, the COVID-19 pandemic generated a positive impact on his bank account. His wealth combined with his wife Christine Grady, who is the chief bioethicist at the National Institutes of Health, elevated from $7.6 million to $12.6 million in two years.
Only this month, Fauci is estimated to receive a retirement pension of $414,667, which according to OpenTheBooks, beats the president’s salary of $400,000. Meanwhile, how do all young freelancers reading these numbers feel about their financial future after reading this? Tell us everything in the comments below!