I don’t know this to be a 100% true fact, I’ve heard and read that years ago if a Scientist employed by the Government was awarded a patent, the royalties from that patent were owned by the Government but that rule was changed sometime in past so the scientist can now own their patents even though they were getting paid and funded by the government.
Instead of looking at Fauci’s stock ownership, I would like to see what if any income he’s made by including himself on patents developed by someone under his command.
Given the billions each year spent on Government research, the number of patents held by the US government must be in the 10s of thousands, some I would suspect are partially owned by Fauci...
Look at the potential conflict of interest that’s possible, Fauci funds a lab, that lab develops a new process or product a patent is award that includes Fauci, then the patent is licensed to a private company that Fauci favors who now is paying royalties on the patent that goes directly to Fauci.
Why risk buying stock when you can license something to Pfizer that is much more valuable than purchasing stock and a lot less visible to the public and you potentially do this thousands of times over the course of your career.
That makes sense. FauXi is such a weasel, I’m sure he’s figured many ways to quietly, under the radar enrich himself without raising red flags. I would not be surprised at off shore accounts either as someone else said.
Fauci and his cohorts earn substantial royalties from the patents on which they are named as inventors. Read RFK, Jr’s book. The gov’t agencies, the Principal Investigators and Pharma are all in it together.
I don't think the rule changed, but what likely did change is the ability of government employees to perform outside work. Public University professors can have side gigs, but they can't commingle research/funds. Sure, right, and that will never happen.