Anthony Fauci Net Worth
Anthony Fauci has an estimated net worth of $10 million. Dr. Anthony Fauci has served as Director of the National Institute of Allergy and Infectious Diseases since 1984. He’s become a prominent leader during the novel coronavirus pandemic. He earns most of his income from his medical career and investments.
Dr. Anthony Fauci graduated from Cornell Medical College before joining the National Institute of Allergy and Infectious Diseases (NIAID) in 1968.
He became known for his groundbreaking work in HIV-AIDS research after taking over as NIAID director in 1984, helping to develop effective drugs to reduce the once-outsized mortality rate.
Later, Fauci led US government efforts to combat West Nile virus, SARS, and Ebola outbreaks before returning to the spotlight in 2020 with the coronavirus pandemic.
To calculate the net worth of Anthony Fauci, subtract all his liabilities from her total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets.
All debts, such as personal loans and mortgages, are included in total liabilities.
Here’s the breakdown of his net worth:
|Net Worth:||$10 Million|
|Monthly Salary:||$30 Thousand|
|Annual Income:||$2 Million|
|Source of Wealth:||Physician, Director|
Early Years and Education
Anthony Stephen Fauci was born in Brooklyn, New York, on December 24, 1940, as the second child of first-generation Italian American parents Eugenia and Stephen.
When he wasn’t working the cash register or making deliveries for his father’s pharmacy, he spent his days playing baseball, basketball, and football.
Fauci attended Regis High School in Manhattan, where he was captain of the basketball team, before transferring to the College of the Holy Cross in Worcester, Massachusetts, to pursue premedical studies.
He completed his internship and residency at New York Hospital-Cornell Medical Center after graduating first in his class from Cornell Medical College in New York City in 1966.
Early Career to NIAID Director
Fauci began his long career in 1968 at the National Institutes of Health’s National Institute of Allergy and Infectious Diseases, with only a brief stint as chief resident at New York Hospital-Cornell Medical Center in 1970-71.
He established a reputation as a senior investigator in the Laboratory of Clinical Investigation for his groundbreaking research in the field of immunoregulation and developed successful drug regimens for previously fatal illnesses such as polyarteritis nodosa, granulomatosis with polyangiitis, and lymphomatoid granulomatosis.
Fauci’s accomplishments propelled him to the position of chief of the Laboratory of Immunoregulation in 1980, and then director of the NIAID under President Ronald Reagan in 1984.
With HIV-AIDS primarily known for its devastation in the gay community at the time, the new NIAID director faced the difficult task of convincing the administration to take the crisis seriously while also persuading activists that he was not to blame for perceived government inaction.
Fauci successfully advocated for increased AIDS research funding and formed alliances with activists by granting access to experimental drugs while they were being tested in clinical trials.
Most importantly, he developed an understanding of how HIV attacks the human defense system, resulting in the development of effective medications that allow HIV-positive patients to live long, active lives.
Even after he nominally relinquished leadership with the establishment of the Office of AIDS Research in 1994, Fauci remained prominently involved in the fight by assisting George W. Bush in developing the President’s Emergency Plan for AIDS Relief, which was launched in 2003 and focused on combating the disease in Africa and other developing countries.
West Nile Virus, Ebola and Other Diseases
Following his experiences as the government’s face of AIDS research, Fauci reappeared for the public health crises that marked each administration, including the West Nile virus under President Bill Clinton, the anthrax scare and SARS under President George W. Bush, and the swine flu pandemic under President Barack Obama.
When Ebola first appeared in 2014, he famously hugged an American nurse who had recovered from the disease before traveling to the epicenter of the outbreak in Liberia for large-scale vaccine trials.
Coronavirus, CDC and President Trump
As news of the novel coronavirus emerged from China in January 2020, Fauci quickly assembled his research team to begin developing a vaccine.
Within weeks, as COVID-19 began to wreak havoc in other countries, he collaborated with colleagues at the Centers for Disease Control to prepare the American public for what was quickly identified as a major global pandemic.
Fauci became a regular at news briefings with President Donald Trump, rebutting or tempering overly optimistic pronouncements.
When Trump said in mid-March that the anti-malaria drug hydroxychloroquine could be a “game-changer,” Fauci dismissed the claim as “anecdotal.” When the president announced shortly after that the country would reopen by Easter, Fauci was among the influential voices who persuaded him to change his mind.
The doctor’s calm but firm assessments propelled him to celebrity during the country’s unprecedented shutdown, but they also drew death threats from extremists who saw him as undermining the president’s authority.
His position also occasionally placed him at odds with other members of the administration, including when he rejected Secretary of State Mike Pompeo’s assertion that the virus originated in a Chinese lab.
Delivering a remote testimony to the Senate Health, Education, Labor and Pensions Committee in May, Fauci warned that reopening the country too quickly could lead to “suffering and death that could be avoided.”
He also got into a pointed exchange with Kentucky Senator Rand Paul, who noted that others were also qualified to make decisions about whether it was safe to send children back to school. “I have never made myself out to be the end-all and only voice in this,” Fauci said, adding, “We don’t know everything about this virus. And we really better be very careful, particularly when it comes to children.”
Awards and Honors
Fauci has received numerous prestigious awards, including the Presidential Medal of Freedom, the National Medal of Science, and the Mary Woodard Lasker Award for Public Service. He was inducted into the Government Hall of Fame for the first time in 2019.
Fauci has also received 45 honorary doctorates from universities around the world and is a member of the National Academy of Sciences, the National Academy of Medicine, the American Academy of Arts and Sciences, and the American Philosophical Society.
Wife Christine Grady and Family
When Fauci was a young nurse at the NIH, her future husband needed her help translating for a Portuguese-speaking patient. Jennifer, Megan, and Alison are their three daughters. They married in 1985.
Fauci, who lives in Washington, D.C., became known in the capital for his grueling 16-hour workdays and seven-mile lunchtime runs, though he admitted to reducing the latter to around 3 1/2 miles once the coronavirus outbreak hit.
In his spare time, the doctor is said to enjoy fishing, tennis, cooking, and art.
Anthony Fauci Quotes
I believe I have a personal responsibility to make a positive impact on society.
I consider myself a perpetual student. You seek and learn every day: from an experiment in the lab, from reading a scientific journal, from taking care of a patient. Because of this, I rarely get bored.
The world is a place that is so interconnected that what happens in another part of the world will impact us.
The discovery of HIV in 1983 and the proof that it was the cause of AIDS in 1984 were the first major scientific breakthroughs that provided a specific target for blood-screening tests and opened the doorway to the development of antiretroviral medications.
For the first time, we have the genetic sequences of all three of the players in the global malaria debacle: the parasite, the anopheles mosquito and the human. It’s a very important milestone.
View our larger collection of the best Anthony Fauci Quotes.
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