The coronavirus pandemic has made Dr. Anthony Fauci a household name and one of the most recognized public figures in the United States. As director of the National Institute of Allergy and Infectious Diseases, he became the face of the country’s struggle against COVID-19.
Fauci has been a calming voice for Americans who fear the virus and are frustrated by the restrictions that have left many out of work and struggling to find affordable health insurance.
The doctor is well paid for his role – and his high salary helped to give him a net worth of millions.
Dr. Anthony Fauci’s salary
Dr. Anthony Fauci is the highest paid employee in the federal government.
Fauci is now President Joe Biden’s top advisor on the pandemic, but he has gained greater visibility through his often weird virus meetings with former President Donald Trump. The doctor and the former president were often seen by the media as opposing forces in the country’s response to COVID-19.
Federal wage data indicates that Fauci was getting more than Trump at the time.
The most recent documented data on Fauci’s salary comes from the public spending transparency website OpentheBooks.com, which uses information from the US Office of Personnel Management. The current figures are for 2019, when Fauci won $ 417,608, making him the highest-paid federal employee of the time.
But several media outlets cite the National Institutes of Health as saying that Fauci now receives $ 434,312 – further proof that it is possible to get a job that pays well in the federal government.
In comparison, the president’s salary has been $ 400,000 annually since 2001.
Fauci’s career earnings
Dr. Fauci spent his career in the federal government. He joined the National Institutes of Health, or NIH, in 1968, after graduating in medicine from Cornell University and finishing his medical residency.
He took up a post at the National Institute of Allergies and Infectious Diseases and rose through the ranks, becoming director of the agency for the first time in 1984.
As a government specialist in communicable diseases, Fauci has advised all presidents since Ronald Reagan, although technically he responds to NIH director Dr. Francis Collins. (Fauci has been offered the position of director of NIH on several occasions, but has declined the job every time.)
The 80-year-old Fauci also qualifies for Social Security and a full federal pension.
Publicly available salary information for Fauci shows that he earned $ 3.6 million from 2010 to 2019. He will earn about $ 2.5 million more for the years 2020 to 2024 if he remains in office until the current term of office. president Biden.
What is Dr. Fauci’s net worth?
Fauci is believed to be a millionaire, although he is probably at the bottom end of that definition. His fortune is estimated to be between $ 3 million and $ 10 million, according to Celebrity Net Worth, a site that surveys the fate of famous people.
It is difficult to define a more precise number because Fauci’s financial disclosures do not list the value of his many investments, only gains, losses and dividend payments.
You don’t need a six-figure salary like Dr. Anthony Fauci’s to earn from the investment. In fact, a popular app helps you get started just by investing in “change”.
During the pandemic, Fauci warned Americans not to take any chances – and he seems to follow the same advice with his money. It is in safer investments that are spread by risk, including an IRA and mutual funds.
Given his income, he probably uses a financial advisor to help him make the right choices with his money. But something you may not realize is that affordable financial planning help is now available online – for just about anyone.
Even Fauci has an agitated side
Fauci’s disclosures also show his earnings from a secondary revenue from McGraw-Hill.
He has worked for the publisher as an editor since 1983 and has received royalties between $ 100,001 and $ 1 million, the records show.
Regarding the side shows, this one is very good.
If you have any special knowledge or talent, you can earn some extra money with your unique skill set. Just use a large digital marketplace that will combine the services you offer with customers willing to pay for them. Perhaps more than $ 100,000, as Dr. Fauci is paid for his hasty side.