Vivek Ramaswamy Net Worth

Vivek Ganapathy Ramaswamy, born August 9, 1985, in Cincinnati, Ohio, is an American entrepreneur, author, and political figure. He is the son of Indian immigrants; his father was an engineer at General Electric and his mother was a geriatric psychiatrist. Ramaswamy attended St. Xavier High School in Cincinnati, where he was valedictorian. He graduated from Harvard College in 2007 with a degree in Biology, and later earned his J.D. from Yale Law School in 2013. During his time at Harvard, he was president of the Harvard Political Union and a nationally ranked junior tennis player. Ramaswamy co-founded a technology company called Campus Venture Network in 2007, which was later acquired by the Ewing Marion Kauffman Foundation. After law school, he briefly worked at QVT Financial before founding Roivant Sciences in 2014, a biopharmaceutical company. He served as CEO until 2021, stepping down to focus on his political ambitions. Ramaswamy is also known for his books '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'. In February 2023, he announced his candidacy for the Republican nomination in the 2024 U.S. presidential election. Ramaswamy is married to Apoorva Tewari Ramaswamy, an assistant professor at the Ohio State University Wexner Medical Center. They have two sons and reside in Columbus, Ohio.

Vivek Ramaswamy's wealth primarily stems from his entrepreneurial ventures in the biotech industry. He founded Roivant Sciences in 2014, which became a multi-billion dollar company under his leadership. Roivant's business model involved acquiring drug patents that larger pharmaceutical companies had abandoned and developing them further. Ramaswamy also founded other biotech companies, including Axovant Sciences and Myovant Sciences, which went public and significantly increased his net worth. Additionally, he has earned income from his books, speaking engagements, and investments.

Ramaswamy's net worth is largely tied to his stakes in various biotech companies he founded or co-founded. The majority of his wealth comes from his shares in Roivant Sciences, which he led to a successful IPO in 2021. His other ventures, including Axovant and Myovant, have also contributed significantly to his wealth through their public offerings. Ramaswamy's income sources include stock options, salaries from his executive positions, royalties from his books, and fees from speaking engagements. His assets likely include real estate, particularly in Ohio where he resides, as well as diversified investment portfolios. As a successful entrepreneur, he may have invested in other startups or venture capital funds. Liabilities could include mortgages on properties and potential business loans related to his ventures. It's worth noting that the valuation of biotech companies can be volatile, which means Ramaswamy's net worth may fluctuate based on market conditions and the performance of his companies.