Dr. Fauci Net Worth: Did He Retire?

Dr. Anthony Fauci became well-known and one of the most well-known public figures in the United States as a result of the coronavirus outbreak. He assumed the role of the nation’s spokesperson in the war against COVID-19 while serving as director of the National Institute of Allergy and Infectious Diseases.

For Americans who are worried about the virus and angry about restrictions that have forced many of them out of jobs and into a scramble to find inexpensive health insurance, Fauci has been a reassuring voice. Fauci recently stated that he will be leaving the government in December but insisted that he would not be retiring “in the traditional sense.”

In a recent New York Times interview, Dr. Fauci stated, “So long as I’m healthy, which I am, energetic, which I am, and enthusiastic, which I am, I want to do some things outside of the realm of the federal government.” The doctor makes a good living for his position, and his high pay has contributed to his net worth, which is in the millions.

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How Much Money Does Dr. Fauci Make?

Fauci is thought to be a millionaire, albeit probably not in the full sense of the word. According to Celebrity Net Worth, a website that investigates the fortunes of famous individuals, his net worth is believed to be $5 million.

Since only gains, losses, and dividend payments are disclosed in Fauci’s financial reports, it is difficult to determine a more exact amount. Fauci has advised Americans not to take risks during the pandemic, and he appears to do the same with his financial decisions. Safer investments like mutual funds and IRAs are used to share the risk.

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Did Dr. Fauci Retire?

No, Dr. Fauci did not retire, rather, he announced his resignation from the government on August 22.

Dr. Fauci announced in a statement that he will be leaving his roles as chief of the NIAID Laboratory of Immunoregulation, director of the National Institute of Allergy and Infectious Diseases, and chief medical advisor to Vice President Joe Biden. “I’ll be leaving these positions in December to explore the next phase of my career,” the person said.

Later, Dr. Fauci reiterated his intention to continue working in government, saying, “After more than 50 years of service, I plan to pursue the next phase of my career while I still have so much energy and passion for my area.”

In addition, he said, “I want to use what I have learned as NIAID Director to continue to promote science and public health and to inspire and teach the next generation of scientific leaders as they help get the world ready to meet future infectious disease challenges.”

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