Currently, Dr. Anthony Fauci's net worth is of public interest, not only because of the large role he played in delivering a response to the COVID-19 pandemic but also because he intends to step down from his high-ranking positions in the coming months.
On August 22, 2022, Dr. Fauci informed the public that in December 2022, he will be stepping down as director of the National Institute of Allergy and Infectious Diseases (NIAID), chief of the NIAID Laboratory of Immunoregulation, and Chief Medical Advisor to President Joe Biden. Here's how large a fortune Dr. Fauci has amassed from serving as the U.S.'s top infectious disease expert.
Anthony Stephen Fauci
Director of the National Institute of Allergy and Infectious Diseases (NIAID)/Chief Medical Advisor to President Joe Biden
Net worth: $8.3 million
For nearly four decades, Dr. Fauci has led the U.S. as it faced dangerous public health crises. He will step down from his roles sometime in December 2022, though he says he isn't retiring.
Birthdate: December 24, 1940
Birthplace: Brooklyn, N.Y.
Education: College of the Holy Cross
Earned his medical degree from Cornell University Medical College
Completed his internship and residency at New York Hospital-Cornell Medical Center
Spouse: Dr. Christine Grady
Dr. Fauci has a solid net worth and salary.
According to Yahoo, Dr. Fauci’s net worth is estimated to be about $8.3 million based on his investments which include an IRA and brokerage accounts. When taking into account his wife's net worth, Dr. Fauci's fortune then increases to $10.2 million.
Data viewed by Yahoo indicates Dr. Fauci collected $417,608 in 2019 and $434.312 in 2020 while working as the director of the NIAID. Given those figures, his annual salary is likely to be around $430,000. Dr. Fauci has also managed to grow his net worth from book royalties and awards.
Does Dr. Fauci work for the CDC?
Dr. Fauci doesn't work for the CDC. He currently serves as the Director of the U.S. National Institute of Allergy and Infectious Diseases (NIAID). He has held the position since 1983. He's also the Chief Medical Advisor to President Joe Biden.
“I asked him to stay on in the exact same role he’s had for the past several presidents, and I asked him to be a chief medical advisor for me as well, and be part of the COVID team,” President Biden said in December 2020, according to The New York Times. Dr. Fauci agreed to the appointment “right on the spot,” as he told TODAY at the time.
In December 2022, however, Dr. Fauci will be relinquishing his roles so that he can "start the next phase of his career."
Dr. Fauci received a diverse education and work experience.
Dr. Fauci studied classics, philosophy, and pre-med at the College of the Holy Cross and graduated from the school in 1962, according to remarks by colleague John I. Gallin, MD, when Dr. Fauci received the George M. Kober Medal in 2007. In 1966, Dr. Fauci graduated from Cornell Medical College, where he ranked first in his class.
During the Vietnam War, Dr. Fauci fulfilled his military obligation in the Public Health Service at the National Institutes of Health (NIH), where he served as a clinical associate. After a stint as chief resident at the New York Hospital Cornell Medical Center, he returned to the NIH to be a senior investigator in the Laboratory of Clinical Investigation. He passed clinical board examinations in internal medicine, infectious diseases, and allergy/immunology with top scores.
Is Dr. Fauci married?
Dr. Grady is the Chief of the Department of Bioethics at the National Institutes of Health’s Clinical Center. She and Dr. Fauci married in 1985 and have three daughters. Her other job is keeping her husband healthy amid his taxing workdays, as she told CNBC in April 2020. “I try to get him to rest, to drink water, to eat well, to sleep, and to be selective about what he agrees to and say no to some things,” she explained at the time.