Vivek Ramaswamy
Entrepreneur, Politician
Current Networth - $950 Million
Personal Stats
| Name | Vivek Ramaswamy |
|---|---|
| Role | Politician, Businessman, Author |
| Industry | Politics |
| Net Worth | $950 Million |
| Date of Birth and Age | August 9, 1985 (age 39) |
Related People
Table of Contents
- About Vivek Ramaswamy
- Businesses Owned
- Early Life
- Family
- What is Vivek Ramaswamy’s Net Worth?
- What is Vivek Ramaswamy’s Claim to Fame?
About Vivek Ramaswamy
Vivek Ramaswamy is an American entrepreneur and political figure known for his ventures in biotechnology and his candidacy in the 2024 U.S. presidential election. He founded Roivant Sciences in 2014, a company that focuses on developing and commercializing innovative therapies. Ramaswamy gained national attention for his outspoken views on corporate America's engagement with social issues, which he detailed in his 2021 book, "Woke, Inc.: Inside Corporate America's Social Justice Scam." In February 2023, he announced his candidacy for the Republican nomination in the 2024 presidential election, positioning himself as a conservative voice with a vision for American national identity. Although he suspended his campaign in January 2024 after the Iowa caucuses, Ramaswamy continues to be an influential figure in political and business circles.
Businesses Owned
Roivant Sciences
Strive
Early Life
Vivek Ramaswamy's early life was marked by academic excellence and entrepreneurial spirit.
- Born on August 9, 1985, in Cincinnati, Ohio, to Indian immigrant parents.Raised in Cincinnati, Ohio, he was the valedictorian of his class at St. Xavier High School and was nationally ranked as a junior tennis player.
- Graduated from Harvard University in 2007 with a Bachelor of Arts in biology, where he was a member of Phi Beta Kappa and the Harvard Political Union.
- Earned a Juris Doctor degree from Yale Law School in 2013.
- During his time at Yale, he was a Paul & Daisy Soros Fellow for New Americans.
Family
Vivek Ramaswamy's family life reflects his strong ties to his heritage and his commitment to family values.
- His father, V. G. Ramaswamy, is an engineer and patent attorney at General Electric.
- His mother, Geetha Ramaswamy, is a geriatric psychiatrist.
- Married to Apoorva Tewari, a physician, since May 31, 2015.
- The couple has two sons, Karthik and Arjun.
- His younger brother, Shankar Ramaswamy, is the co-founder and CEO of Kriya Therapeutics, a biopharmaceutical company.
- Ramaswamy maintains close connections with his extended family in Kerala, India, often visiting their ancestral home in Vadakkencherry.
- He is fluent in Tamil and understands Malayalam, reflecting his deep connection to his cultural roots.
Vivek Ramaswamy is an American businessman and the former CEO of Roivant Sciences who shook the 2024 U.S. Presidential race as a possible candidate before backing out in early 2024. At the peak time of his Presidential run, the biotech investor’s net worth reached the billion-dollar mark in August 2023 making him one of the 20 youngest billionaires in the U.S. before his fortune faced a downslide in the market.
Currently, the “anti-woke” warrior has invested his focus and work in support of Trump’s Presidential campaign and is making headlines often on political grounds criticizing and highlighting his vision of what the “people of the free world” should make demand and proposition before selecting their President.
| Net Worth | $950 Million+ |
|---|---|
| Salary | NA |
| Profession | Businessmen |
| Nationality | American |
| No. of Houses | 2 |
| No. of Cars | NA |
What is Vivek Ramaswamy’s Net Worth?
As of 2024, Vivek Ramaswamy’s Net Worth is currently over $950 million, according to Forbes.
Vivek Ramaswamy’s massive net worth is the result of his fortune stemming from his drug-development company named “Roivant Sciences”. The 39-year-old nationalist is still the second-wealthiest person among all the 2024 U.S. Presidential candidates trailing behind Donald Trump’s staggering $7.5 billion net worth.
The main creditor in Ramaswamy’s fortune is his 10% stake in “Roivant Sciences” and salary earnings worth over $250 million up to 2021. Let us jump into his ‘World Of Wealth’ and dig deep into his business ventures, investments, real estate, and other spending.
What is Vivek Ramaswamy’s Claim to Fame?
Before 2023 Vivek Ramaswamy’s name was only known in the pharmaceutical and investment industry which changed drastically in early 2023. The biotech entrepreneur called a small group of operatives to discuss his future plans where he revealed his aim to run for President. ABC News broke the news of his decision making waves in the public.
Vivek started his journey and only after six months, the nationalist snatched the third place in the polls trailing behind Trump and Kamala Harris. Ramaswamy’s campaign even revealed their $100 million campaign budget as it will help to provide the necessary platform for his vision as a potential U.S. President.
However, people have also accused his political involvement as a case of a mass-profile increase stunt, and from the visual results that were seen in a couple of months, we can't deny that it was a brilliant move. Even Scott Morefield, a conservative columnist said the same about Ramaswamy’s political stance in a Townhall column back in 2023.
What Businesses Does Vivek Ramaswamy Own or Is a Part Of?
Ramaswamy’s business empire was the sole creditor during his Presidential campaign where he spent around $100 million of his own money to carry on with the procedures before dropping out. Let’s have a brief look around at his business ventures and investments.
- Roivant Sciences: Founded on April 7, 2014, by Vivek Ramaswamy, “Roivant Sciences” is a drug development giant and currently has a market value of $3.49 billion. Vivek currently owns 10% stakes in the company worth around $349 million. He also sold 5 of his drug formulas to a Japanese Pharma giant Sumitomo Dainippon for $3 billion and profited $176 million after tax return.
- Strive: After stepping down as the CEO of Roivant Sciences in 2021, Ramaswamy founded the “anti-woke” asset management firm, Strive. The company runs eight exchange trade funds and has recently secured $1 billion in assets, according to Bloomberg.
- QVT: Vivek’s run to establish “Roivant Sciences” was possible because of his history and partnership with the hedge fund company, “QVT”. He left the company at the age of 29 with earnings of $7 million and undisclosed stakes in QVT.
- BuzzFeed: BuzzFeed is an American online media, news, and entertainment company that as of August 2024 has a market value of $102.3 million and Ramaswamy owns about 7.7% stake in BuzzFeed worth $7.87 million.
Besides all this, the former CEO of “Roivant Sciences” has stakes (undisclosed) in three private jets allowing him and his family to fly anywhere in the world at any time.
“If we could buy time, we would buy time, and that’s the only thing private aviation buys us. Time with family.” - Vivek Ramaswamy in an interview with Forbes.
What Brands Has Vivek Ramaswamy Endorsed?
Ramaswamy’s business empire and investments are unimaginably massive and the exposure he received from the U.S. Presidential stunt revealed his keep-it-close personality. As a result, we have found no evidence yet of his collaboration with any small-time brand deals. Stay tuned as to if any progress on the relative issue to be unveiled in the future.
How Does Vivek Ramaswamy Spend His Millions?
The “anti-woke” nationalist is a businessman with a moral sense of duty to the general public of America. Unlike most billionaire businesses, persons, Vivek is always on the lookout for future plans and spends money on investments. Take a look at some of the assets and real estate Ramaswamy owns personally.
How Many Houses Does Vivek Ramaswamy Own?
Vivek keeps his personal life private away from his wife and kid and according to Forbes, he has only two houses in his name, unlike many millionaires.
- Ohio House: The biotech investor currently resides in his $2 million estate in the Columbus suburb of Upper Arlington, Ohio.
- Another House in Ohio: According to Forbes, Vivek owns another residence in Franklin County, Ohio, and both of his houses are worth a combined $2.5 million.
How Many Cars Does Vivek Ramaswamy Own?
Much like his real estate portfolio, Ramaswamy’s car collection is still a mystery and undisclosed due to his private lifestyle.
Back in May 2024, the former U.S. Presidential candidate uploaded a picture alongside his wife Apoorva and 4-year-old son as they went to enjoy Formula 1 racing for the first time in Miami. One of the pictures includes him and his family sitting inside a Czinger 21C model. As to whether he really owns the car which is pretty much possible, there is no official confirmation. Stay tuned for future updates!
What’s Next For Vivek Ramaswamy?
City Of Dreams: “City Of Dreams” is Ramaswamy’s most recent work as an executive producer of the film that portrays the dark truth of thousands of innocent children lost to sex and trafficking due to Harris Border policies. The film is set to release on August 30, 2024, in the U.S.
After stepping away from the presidential run, Vivek has pledged to support Donald Trump all the way and often does interviews with news channels. Recently he spoke to "NewsNation" where he was asked about his view on the assassination attempt on Trump and Kamala Harris's stance for the Presidency to which he answered, “…this race has not yet begun.”
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