Connect with us

COVID-19

Fauci and wife’s net worth ‘skyrocketed’ to $12.6 million at the end of 2021

Published

on

Screen Shot 2022 09 30 at 10.34.18 AM

No wonder Dr. Anthony Fauci was in no rush for the global COVID-19 pandemic to come to an end; it was making him a very wealthy man. According to a report from the non-profit OpenTheBooks,  a government spending watchdog group, Fauci and his wife’s networth grew by $5 million during the COVID-19 pandemic.

“The combined wealth of the 81-year-old retiring director of the National Institute of Allergy and Infectious Diseases and his bioethicist wife, Christine Grady, soared from $7.5 million in 2019 to $12.6 million at the end of 2021.”

“Despite becoming a figure of controversy, the system has rewarded Dr. Fauci handsomely,” the group’s CEO, Adam Andrzejewski, told Fox News Digital. “While Dr. Fauci has been a government bureaucrat for more than 55 years, his household net worth skyrocketed during the pandemic.”

Specific chunks of money came in part to “major salary increases, cash awards and royalties, according to the report.”

“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,” Andrzejewski said.

“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,” he added.

The New York Post reports:

Last year, Fauci raked in lucrative awards from nonprofits, including $1 million from the Dan David Foundation for “speaking truth to power” and “defending science” during the Trump Administration.

He kept $910,400 of that award, while roughly 10% went to scholarship winners, according to OpenTheBooks report.

His total compensation was $456,028 last year, up from the $434,312 he earned in 2020.

Overall, the couple’s investments also increased by more than $900,000 in 2021 while their portfolios — which included trust, retirement and college education accounts — jumped $800,000 in 2020, according to the analysis.

At the end of last year, Fauci’s account totaled $10.2 million and  Grady’s had reached $2.4 million in investments.

You may like

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

COVID-19

Huge protests erupt in China in defiance of the Chinese Communist Party’s Covid-19 lockdowns

Published

on

Screen Shot 2022 11 28 at 9.56.10 AM

Much of the world is getting on with life and attempting to recover any of the horrendous damage caused by the global COVID-19 pandemic. However, the Chinese Communist Party (CCP) has just imposed even more Covid-19 lockdowns sparking unrest.

Chinese citizens are banning together to protest yet another round of strict covid protocols and lockdowns suffocating their freedom.

In Shanghai, citizens chanted against President Xi Jinping’s rule, according to CNN. Chants “Xi Jinping, step down” and “Communist party, step down” were chanted. Some protesters held up blank sheets of paper to symbolize resistance against the Chinese government.

One social media user explained the black sheets of paper: “We don’t need to write anything on it. It is a symbol of the revolution of the people.”

https://twitter.com/eefjerammeloo/status/1596561813692219393?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1596561813692219393%7Ctwgr%5E7f623c68ad2c452323aea9efd47bb8858f92003c%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fwww.nationalreview.com%2Fnews%2Fprotests-erupt-across-china-in-defiance-of-xis-covid-19-lockdowns%2F

An apartment fire in Urumqi, the capital of the far western region of Xinjiang, killed ten people and injured nine last week. The incident triggered “the most recent wave of unrest” because “it was believed that the mobility restrictions in the area either trapped the residents or slowed the dispatch of emergency services” reports National Review.

Various universities including in Shanghai, Beijing, and Nanjing, saw huge crowds of students who honored the victims and denounced China’s zero-Covid-19 policy and strict control measures.

 

 

You may like

Continue Reading
Advertisement

Trending Now

Advertisement

Trending

Proudly Made In America | © 2022 M3 Media Management, LLC