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Fauci and wife’s net worth exceeded $11M when he departed government post, disclosures reveal

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Fauci and wife’s net worth exceeded $11M when he departed government post, disclosures reveal

Former National Institute of Allergy and Infectious Diseases director Anthony Fauci and his wife had a combined net worth that exceeded $11 million when he departed his government post, disclosures reveal.

Fauci’s 2022 termination report, which Fox News Digital obtained from an open records request, included his finances through his exit at the end of last year. The documents show that Fauci and his wife were up nearly $2 million since before the pandemic but experienced a net worth dip from 2021 to 2022.

Fox News Digital also shared the document with OpenTheBooks CEO Adam Andrzejewski, whose group had first obtained and analyzed several prior years of his disclosures. 

“During the pandemic years, the Fauci’s became deca-millionaires with their household net worth exceeding $10 million,” Andrzejewski told Fox News Digital. “Last year was a tough year in the markets. However, Fauci’s net worth is still up sharply from $7.6 million in 2019.”

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Dr. Anthony Fauci and his wife’s net worth exceeded $11 million at the time he stepped down from his government post at the end of last year. (AP Photo/Jacquelyn Martin, File)

“Before his retirement last December, Fauci was the highest-paid federal employee ($480,654) and significantly outearned the president ($400,000),” Andrzejewski said. “In retirement, we estimate that Fauci is collecting a federal pension, which rivals a presidential salary. It’s the largest federal retirement package in history.”  

The disclosures show that the Faucis saw their net worth expand from around $9.54 million in 2019 to $11.5 million at the end of 2022. The increase over the years came from investment gains, awards, compensation, and royalties. However, they experienced a $1.1 million net worth decline from 2021 to 2022. The pair reported a combined $12.6 million net worth in 2021.

Fauci has spread his assets across trust funds, retirement accounts, and college education accounts. He has invested in mutual funds with no documented holdings of individual stocks. 

At the end of last year, Fauci’s account balance totaled $9.25 million, as his wife, Christine Grady, added around $2.2 million.

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Anthony Fauci

Fauci and his wife’s net worth has increased by millions since the time before the pandemic.  (AP Photo/Carolyn Kaster)

Fauci’s compensation also increased by nearly $25,000 between 2021 and 2022 as he remained the highest-paid federal employee, receiving more than President Biden. Fauci acquired roughly $481,000 in compensation in 2022, an increase from the $456,000 he earned in 2021.

Fox News Digital reached out to Grady’s government email account seeking comment from them on their net worth but did not receive a response. 

Fauci, who stepped down in December, has since joined Georgetown University as a Distinguished University Professor in the School of Medicine’s Department of Medicine in the Division of Infectious Diseases, which the school describes as “an academic division that provides clinical care, conducts research and trains future physicians in infectious diseases.”

The announcement noted Fauci would also hold an appointment in the university’s McCourt School of Public Policy.

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EX-CDC DIRECTOR SAYS UNREDACTED FAUCI GAIN-OF-FUNCTION EMAIL REVEALS ‘AGGRESSIVE ATTEMPT’ TO CHANGE NARRATIVE

Dr. Anthony Fauci

Fauci has since joined Georgetown University as a Distinguished University Professor in the School of Medicine’s Department of Medicine in the Division of Infectious Diseases. ((Tom Williams/CQ-Roll Call, Inc via Getty Images))

Fauci became a polarizing figure during the pandemic. Last year, he admitted that he knew the “draconian” pandemic measures would lead to “collateral negative consequences” for the economy and schoolchildren. 

While justifying the measures, he said that “sometimes when you do draconian things, it has collateral negative consequences, just like when you shut things down, even temporarily, it does have deleterious consequences on the economy, on the schoolchildren. You know that.”

Fauci confirmed he risked these harms, adding, “But you have to make a balance when you’re dealing with — we know the only way to stop something cold in its track is to try and shut things down.”

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“If you shut things down just for the sake of it, that’s bad,” he said, adding, “But if you do it with the purpose of being able to regroup so that you can then open up in a more safe way, that’s the best way to do it.”

Fox News Digital’s Gabriel Hays contributed reporting.

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Gold bars stashed in Dem senator’s home recovered after 2013 violent robbery

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Gold bars stashed in Dem senator’s home recovered after 2013 violent robbery

Several gold bars discovered by federal agents in Democratic New Jersey Sen. Bob Menendez’s residence as part of a high-profile bribery investigation can be traced to a violent robbery a decade ago.

According to a sprawling indictment unsealed by federal prosecutors in September, Menendez and his wife allegedly played a role in a years-long bribery scheme that involved the Egyptian government and local businessmen including Fred Daibes, a wealthy New Jersey real estate developer. Prosecutors revealed they retrieved multiple gold bars from Menendez’s home which were allegedly used as payment in the scheme.

At least four of the gold bars discovered by investigators can be linked to Daibes, both because of their unique engraved serial numbers and thanks to court documents related to a 2013 robbery which Daibes was a victim of, an NBC New York investigation revealed Monday. In November 2013, four assailants beat and robbed Daibes at gunpoint in his Edgewater, New Jersey, apartment, stealing 22 gold bars, jewelry and cash.

“Each gold bar has its own serial number,” Daibes told local investigators in a 2014 transcript obtained by NBC New York. “They’re all stamped … you’ll never see two stamped the same way.”

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An evidence photo published in the September federal indictment of Sen. Bob Menendez, D-N.J., shows a gold bar with the serial number “590005.” The same gold bar was stolen in a 2013 robbery. (United States District Court )

Photographs released by the Department of Justice in September showing the gold bars discovered at Menendez’s home, for example, reveal one of the bars has a serial number of “590005.” Daibes reported a gold bar with that same serial number stolen during the 2013 heist, NBC New York reported.

And the federal indictment notes that the serial numbers on the gold bars indicate they had previously been possessed by Daibes.

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“A court-authorized search of the residence of Robert Menendez and Nadine Menendez, a/k/a ‘Nadine Arslanian,’ the defendants, revealed, among other things, approximately two one-kilogram gold bars and nine one-ounce gold bars that had serial numbers indicating they had previously been possessed by Fred Daibes, the defendant,” the indictment states.

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In addition, when Daibes reported the robbery to police in 2013, he said 22 gold bars had been taken. Similarly, the September indictment states that Daibes sold 22 gold bars to Wael Hana, another defendant allegedly implicated in the bribery scheme.

Sen. Bob Menendez, D-N.J., was indicted on bribery charges in September. He has since repeatedly claimed he is innocent of any wrongdoing.  (Getty Images | United States District Court for the Southern District of New York)

Police ultimately arrested and charged four individuals for robbing Daibes in 2013, according to local media reports. Then, in September 2015, the suspects all pled guilty and were ultimately sentenced to several months in prison.

Meanwhile, since the federal bribery indictment was unsealed earlier this year, Menendez has repeatedly asserted his innocence and remained in the Senate.

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“The allegations leveled against me are just that, allegations,” Menendez said Sept. 25. “For anyone who has known me throughout my 50 years of public service, they know I have always fought for what is right. My advocacy has always been grounded. And what I learned from growing up as the son of Cuban refugees, especially my mom, my hero, Evangelina Menendez. Everything I accomplished, I worked for despite the nay sayers and everyone who has underestimated me.

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“I firmly believe that when all the facts are presented, not only will I be exonerated, but I still will be New Jersey’s senior senator,” he added.  “The court of public opinion is no substitute for our revered justice system. We cannot set aside the presumption of innocence for political expediency when the harm is irrevocable.”

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George Santos movie in development at HBO from the makers of ‘Veep’ and ‘Succession’

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George Santos movie in development at HBO from the makers of ‘Veep’ and ‘Succession’

Former Rep. George Santos (R-N.Y.) is getting the movie treatment at HBO after getting booted from Congress last week.

The Warner Bros. Discovery-owned premium cable giant confirmed Monday that it has optioned the rights to author Mark Chiusano’s nonfiction book “The Fabulist: The Lying, Hustling, Stealing, and Very American Legend of George Santos.”

Frank Rich, known for his work as an executive producer on the Emmy-winning TV satires “Veep” and “Succession,” is executive producing the film adaptation, but in a non-writing capacity, according to the company.

The studio has tapped “Bad Education” screenwriter Mike Makowsky to write and executive produce the picture.

HBO’s announcement comes less than a week after Santos was expelled from the House of Representatives, becoming the sixth lawmaker ever to be forced out of the legislative chamber.

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The politician was ousted by his colleagues after a House Ethics Committee report determined that he had lied about his background, defrauded donors and used campaign money to fund an extravagant lifestyle that included Botox injections, personal travel and subscriptions on OnlyFans.

The ex-lawmaker has also been indicted on felony counts of wire fraud, money laundering, theft of public funds and making materially false statements to the House of Representatives. He has denied wrongdoing and criticized the move to expel him before his case goes to trial.

Billed as a “forensic and darkly comic” dramatization of Santos’ bid for Congress, the HBO film will chronicle “the Gatsby-esque journey of a man from nowhere who exploited the system, waged war on truth and swindled one of the wealthiest districts in the country to achieve his American dream,” according to the project’s official logline.

This isn’t the first time Hollywood has mined Santos’ highly publicized saga for entertainment. The latest installment of “Saturday Night Live” opened with a humorous farewell to Santos — or rather, to cast member Bowen Yang’s beloved portrayal of him.

“This entire country has been bullying me just because I’m a proud, gay thief,” Yang’s Santos said during the sketch. “But what else is new? America hates to see a Latina queen winning.”

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Times staff writer Erin B. Logan contributed to this report.

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Video: White House Urges Congress to Approve More Funding for Ukraine

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Video: White House Urges Congress to Approve More Funding for Ukraine

new video loaded: White House Urges Congress to Approve More Funding for Ukraine

transcript

transcript

White House Urges Congress to Approve More Funding for Ukraine

Jake Sullivan, the White House national security adviser, said that improper funding would jeopardize Ukraine’s ability to defend itself against Russia.

Without congressional action, the administration will run out of resources by the end of the year to procure more weapons and equipment for Ukraine, and to provide equipment from U.S. military stocks without impacting our own military readiness. The resources Congress has provided for Ukraine and other national security needs have halted Russia’s advances in Ukraine, helped Ukraine achieve significant military victories, including taking back more than 50 percent of the territory that Russia had previously occupied. And by revitalizing our own defense industrial base, jumpstarting and expanding production lines and supporting good-paying jobs across the country. Now it’s up to Congress. Congress has to decide whether to continue to support the fight for freedom in Ukraine as part of the 50-nation coalition that President Biden has built, or whether Congress will ignore the lessons we’ve learned from history and let Putin prevail. It is that simple. It is that stark a choice. And we hope that Congress on a bipartisan basis, will make the right choice.

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