Vivek Ramaswamy is one of the world's richest and most successful entrepreneurs. And now, he aspires to become the next President of the United States. This guide will tell you everything you need to know about Vivek Ramaswamy's net worth, career, and political agenda.
He graduated at the top of his class and attended two Ivy League schools. Now, he's shaking up the 2024 Presidential race by running against someone he openly supported in the past. Analysts call Vivek Ramaswamy the Republican underdog, but this 37-year-old's entrepreneurial successes and bestselling books might be what it takes to win.
Discover Vivek Ramaswamy's net worth and how he pivoted from biotech to politics.
Plus, find out how to start a business and grow your own 7-figure net worth for FREE!
|Vivek Ramaswamy Net Worth:||$630 million|
|Full Name:||Vivek Ganapathy Ramaswamy|
|Date of Birth:||August 9, 1985|
|Birthplace:||Cincinnati, Ohio, USA|
|Source of Wealth:||Entrepreneur and Politician|
|Best Known For:||2024 Republican Presidential Candidate|
|Education:||Harvard University and Yale Law School|
How much is Vivek Ramaswamy's net worth?
Vivek Ramaswamy is worth approximately $630 million.
Is he the richest presidential hopeful? Almost—he comes in second place! Check out these incredibly wealthy 2024 Republican candidates as of May 2023:
- Donald Trump net worth: $2.5 billion
- Asa Hutchinson net worth: $5 million
- Nikki Haley net worth: $2 million
Who is Vivek Ramaswamy?
Vivek Ramaswamy was born in Cincinnati, Ohio, on August 9, 1985. Both of his parents immigrated from India. His father was an engineer and patent attorney, while his mother worked as a psychiatrist.
Ramaswamy always excelled in school. He graduated from St. Xavier High School as the class valedictorian. In 2007, Ramaswamy earned a Bachelor of Arts in biology from Harvard University. Immediately after, he attended Yale Law School, receiving a Juris Doctor in 2013.
Entrepreneur Turned Politician
Ramaswamy couldn't wait to scratch his entrepreneurial itch. In 2007, he co-founded his first tech company, Campus Venture Network. The company existed to connect college-aged entrepreneurs. The Kauffman Foundation acquired the CVN for an undisclosed amount just two years later.
After graduating from Yale, Ramaswamy landed a job at QVT Financial, a hedge fund. He managed the biotech portfolio. This experience inspired Ramaswamy to start his own pharmaceutical company. And in 2014, he founded Roivant Sciences.
Ramaswamy soon made headlines when Roivant's subsidiary, Axovant Sciences, raised over $350 million to purchase a failed Alzheimer's medication from GlaxoSmithKline. Unfortunately, the drug also failed at Axovant.
On February 21, 2023, Ramaswamy announced he was entering the 2024 Republican presidential race. Although he has received praise from Trump, Vivek hopes to beat him this time around. (And it might work. After all, he did get Don Lemon fired.)
What sets Ramaswamy apart from other candidates? He believes Americans will resonate with his unorthodox ideas, entrepreneurial spirit, and diverse upbringing. In his 2002 essay, "The Pluralism Within," he stated:
I am not just a man—I am a proud father, a loyal husband, and a grateful son. I am not just a person of color—I am a Hindu, a child of immigrants, an American citizen, a native of Ohio. I am a CEO, but I am also a scientist and an entrepreneur.
Vivek Ramaswamy met his wife, Apoorva, while studying at Yale. The couple has two children. He is a Hindu.
What are the sources of Vivek Ramaswamy's wealth?
Here's how this up-and-coming, inspiring Republican makes his money:
1. Biotech Companies He Owns
He owns equity in his own companies. His 54.4 million shares in Roivant make up nearly $475 million of Vivek Ramaswamy's net worth.
2. Asset Management Firm
He started Strive Asset Management in 2022. The investment firm manages over $230 million in assets.
3. Book Royalties
He has authored three books, earning him less than $1 million in royalties. They are:
- Woke, Inc.: Inside Corporate America's Social Justice Scam
- Nation of Victims: Identity Politics, the Death of Merit, and the Path Back to Excellence
- Capitalist Punishment: How Wall Street Is Using Your Money to Create a Country You Didn't Vote For
Woke, Inc. became an instant New York Times bestseller.
4. Hedge Fund Management
He first dipped his toe into biotech investing as a hedge fund manager for QVT Financial.
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5. Business Profits
His total compensation from Roivant Sciences in 2022 was $12.9 million.
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6. Real Estate Investments
He owns three homes in Ohio worth a collective $3 million.
What is Vivek Ramaswamy's net worth?
Just how much is Vivek Ramaswamy worth? While the exact amount is unknown, Vivek's net worth for 2023 is estimated at $630 million.
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What companies has Vivek Ramaswamy founded?
Ramaswamy has started four companies. They are:
- Strive Asset Management (2022)
- Chapter Medicare (2020)
- Roivant Sciences (2014)
- Campus Venture Network (2007)
What is Vivek Ramaswamy's educational background?
In 2007, he earned his Bachelor of Arts in biology from Harvard. And in 2013, he received a Juris Doctor from Yale.
What is Vivek Ramaswamy's political agenda?
Key points from Ramaswamy's platform to "rebuild a new American Dream" include:
- Abolishing the IRS, the FBI, and the Department of Education
- Raising the voting age to 25 in most circumstances
- Starting a merit-based immigration system
- Rescinding affirmative action
What is Vivek Ramaswamy's stance on wokeism?
He is extremely "anti-woke." His book, Woke Inc.: Inside Corporate America's Social Justice Scam, describes wokeism as a religious movement.
What awards and honors has Vivek Ramaswamy received?
In 2022, the Independent Women's Forum honored Ramaswamy with its Gentleman of Distinction Award.
What is Vivek Ramaswamy's source of wealth?
Equity in Roivant makes up the majority of Ramaswamy's wealth. He also earns money from hedge funds, book royalties, and asset management.
Here’s another entrepreneur who thinks outside the box. In fact, he thinks outside the universe!
Does Vivek Ramaswamy have any siblings?
Yes! He has one brother named Shankar.
How much is his brother worth? Shankar Ramaswamy's net worth remains under lock and key. But he is a successful entrepreneur and medical doctor. Shankar co-founded Kriya Therapeutics, a gene therapy company.
Vivek Ramaswamy believes in the American Dream and wants to update it for this generation and beyond. His story proves that education, hard work, and critical thinking are vital to every entrepreneur's success. And his estimated $630 net worth makes Ramaswamy one of the richest entrepreneurs under 40.
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