Dr. Anthony Fauci said on Monday, August 22, that he would step down as the US President’s top physician in December 2022. Fauci served as both the Chief of the NIAID Laboratory of Immunoregulation and the Director of the National Institute of Allergy and Infectious Diseases (NIAID). By the end of the year, he will quit his position at the NIAID, according to his announcement from Monday.
Various sources of information have been analyzed to determine Dr. Anthony Fauci’s estimated net worth, which is around $8 million. Fauci, 81, has been the director of the National Institute of Allergy and Infectious Diseases for approximately 38 years and served as the White House Chief Medical Advisor during the administration of Ronald Reagan.
Value of Dr. Anthony Fauci
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In November 2022, Senator Roger Marshall received a Forbes report on Dr. Fauci’s FY2020 income statement, which predicted that the doctor’s property would be valued at more than $10.4 million. This includes both Fauci’s $8 million net worth and his wife Christine Grady’s $2.1 million worth of investments.
Later, an auditor for the magazine found that Fauci had made investments totaling about $8.4 million. The specialist doctor was said to have assets totaling about $640,000, including a revocable trust valued at about $5.29 million and a defined benefit brokerage account valued at around $2.4 million. The fact that these figures are older than two years should be recognized.
The highest-paid government worker in recent years, Fauci will earn about $434,312 per year in 2022, according to Celebrity Net Worth. His annual income rises to $1 million when you add in royalties and financial dividends in addition to his pay.
For more than 50 years, Fauci has worked for the government, which has greatly increased his net worth. Harrison’s Principles of Internal Medicine, a series of books he wrote, may have contributed a sizeable portion of his earnings. It should be noted that Fauci’s stock investments at any given time have an impact on his whole net worth.
What was Dr. Anthony Fauci’s opinion on his choice to depart in December?
Fauci did not give a detailed justification for his resignation, but he did state that it was driven by a desire to “pursue the next chapter” in his life. The doctor and immunologist also declared that he would not give up practicing medicine completely.
As stated by Anthony Fauci:
“Even though I’m quitting my current job, I’m not retiring. After more than 50 years of working for the government, I want to explore the next phase of my career while I still have a lot of passion for it.”
I want to use everything I’ve learned in my role as director of the National Institute of Allergy and Infectious Diseases to inspire and guide the next generation of scientific leaders as they work to defend the world from infectious disease threats. I also want to continue to advance research and public health.”
The physician-scientist stated in his statement that he will assist the NIAID in a “leadership transition” that was smooth and that he is certain he is “leaving his work in exceptionally competent hands.”
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