Dr. Fauci’s household made $1.7 million in 2020, disclosures show
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After disclosing Dr. Fauci's financial account, one cannot but ask, how did he make all this money?
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Disclosures show Dr. Fauci’s household made $1.7 mln in 2020
The unredacted 2020 financial disclosures of Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases and the Chief Medical Advisor to the US President, were delivered to US Senator Roger Marshall last night. The announcement came after a heated Senate debate between Fauci and Marshall, in which Fauci referred to Marshall as a "moron".
The financial disclosures contain a plethora of previously unknown data. The Fauci family's net worth exceeds $10.4 million.
During the pandemic year of 2020, their household income, perks and benefits, and unrealized gains totaled $1,776,479, including $868,812 in federal income and benefits, $113,298 in outside royalties and travel perks, and $794,369 in investment accounts.
This analysis made use of previously known information as well as newly disclosed information.
According to the disclosures, the Fauci stock, bond, and money market portfolio gained $794,369 in 2020.
Fauci's investment account was worth $8.4 million, and his wife's investments were worth another $2.1 million.
These funds were divided among trust, retirement, and college education accounts. Fauci has a $638,519 IRA (up $42,291), a $2,403,522 defined benefit brokerage account (up $241,418), and a $5,295,898 revocable trust (up $342,694). His wife's revocable trust is worth $1,962,819 (an increase of $156,123) and an IRA is worth $120,277 (an increase of $11,843).
According to the disclosures, the Fauci stock, bond, and money market portfolio gained $794,369 in 2020.
How did Fauci invest?
Fauci's investment account was worth $8.4 million, and his wife's investments were worth another $2.1 million.
These funds were divided among trust, retirement, and college education accounts. Fauci has a $638,519 IRA (up $42,291), a $2,403,522 defined benefit brokerage account (up $241,418), and a $5,295,898 revocable trust (up $342,694).
His wife's revocable trust is worth $1,962,819 (an increase of $156,123) and an IRA is worth $120,277 (an increase of $11,843).
Some on the right believe Fauci profited from the pandemic. According to his disclosures, he has invested in mutual funds that are broadly targeted, with no reported holdings of individual stocks.
Fauci's financial disclosures had previously been heavily redacted by the NIH. Because the fund balances were redacted, a net worth analysis was previously impossible.
