A new report from the Federal Reserve claims that the average American household actually saw an increase in its net worth during the Chinese Coronavirus pandemic.
As reported by Axios, the Fed’s Survey of Consumer Finances, which is released every three years, came out on Wednesday. It was lasted conducted in 2019, thus meaning the next iteration would be held after the pandemic, covering the three-year time period from start to finish.
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New records reveal that Dr. Anthony Fauci and his wife Christine had a total net worth of over $11 million at the time Fauci left his government post last year.
According to Fox News, the termination papers for the former director of the National Institute of Allergy and Infectious Diseases (NIAID) show that the Faucis’ net worth was up by $2 million since before the Chinese Coronavirus pandemic, despite dipping slightly between 2021 and 2022.
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National Institute of Allergy and Infectious Diseases (NIAID) Director Anthony Fauci and his wife saw a net worth increase of $5 million during the COVID-19 pandemic, according to an analysis by a government watchdog group.
Between Jan. 1, 2019 and Dec. 31, 2021, the Faucis expanded their net worth from $7.6 million to more than $12.6 million, according to OpenTheBooks’ Wednesday analysis of the 81-year-old retiring NIAID director’s financial disclosures. The director was the highest paid federal employee in both 2021 and 2022, earning $456,000 per year and $480,000 per year, respectively, the analysis noted.
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