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According to former Republican presidential candidate, entrepreneur and author Vivek Ramaswamy, he has a net worth of $800 million. Net Worth of Celebrities.
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Most of Ramaswamy’s wealth comes from his 10% stake in Roivant Sciences, a pharmaceutical company he founded.
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He also co-founded investment firm Strive Asset Management, in which he has a stake of more than $100 million.
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Ramaswamy was recently appointed as co-leader of President-elect Trump’s new Department of Government Efficiency, along with Tesla CEO Elon Musk.
Former Republican presidential candidate, entrepreneur and author Vivek Ramaswamy is almost a billionaire, thanks to his investments in biotech and financial companies.
According to Ramaswamy, he has an estimated net worth of $800 million Net Worth of Celebrities. Ramaswamy was recently appointed as co-leader of President-elect Trump’s new Department of Government Efficiency, along with Tesla CEO Elon Musk.
From founding his own biotech and financial companies to his stake in private jets, this is how Ramaswamy made his millions.
Most of Ramaswamy’s wealth comes from his stake in Roivant Sciences, a pharmaceutical company he founded in 2014. Roivant has subsidiaries that develop drugs and technologies to treat various medical conditions, including psoriasis and cancer.
In 2020, Japanese pharmaceutical company Sumitomo Dainippon bought ownership stakes in five of Roivant’s companies for $3 billion and a 10% stake in Roivant. Ramaswamy reported more than $176 million in total income that year, including $174 million in capital gains.
Roivant went public in 2021 at a valuation of $7.3 billion and has a market capitalization of $8.2 billion at the time of writing. According to Ramaswamy, he owns about 10% of Roivant Forbes. Ramaswamy stepped down as CEO of Roivant in 2021, but remained chairman until 2023, when he left to focus on his presidential campaign. The Ohio native sold $33 million worth of shares in Roivant in January 2024 to fund his largely self-funded presidential campaign. Bloomberg.
One of Roivant’s subsidiaries, Axovant, went public in 2015 at a valuation of $2.2 billion – the largest US biotech IPO at the time. Ramaswamy reported $37 million in capital gains on his tax returns that year, with total income of almost $39 million.
Before founding Roivant Sciences, Ramaswamy worked at QVT Financial, where he managed the company’s biotech portfolio and earned $7 million in total compensation between 2007 and 2014.
Ramaswamy co-founded investment firm Strive Asset Management in 2022 with the mission to combat what she calls “value-destructive agendas” such as ESG and DEI initiatives.
The company has approximately $1.6 billion in assets under management (AUM) and is backed by major investors including former PayPal co-founder Peter Thiel, billionaire hedge fund manager Bill Ackman and newly elected vice president JD Vance.
Ramaswamy reportedly owns a stake worth more than $100 million Forbes.
Ramaswamy’s other investments include Bitcoin and Ethereum, in an investment portfolio that he says is 60% stocks and 40% bonds. Forbes. He has also reportedly invested in video platform Rumble Inc. and crypto companies MoonPay and Shipyard Software.
Ramaswamy and his wife Apoorva own an 11,000-square-foot home in Ohio worth $2 million, and their first home in Ohio was worth about $500,000 a year. Net Worth of Celebrities. According to him, he also owns a stake in three private jets Forbes.
Ramaswamy has also written several books, including “Woke, Inc: Inside Corporate America’s Social Justice Scam” and “Nation of Victims: Identity Politics, the Death of Merit, and the Path Back to Excellence.”
