What Is Vivek Ramaswamy’s Net Worth in 2025?

Vivek Ramaswamy is an American entrepreneur and politician who campaigned to run for the 2024 Republican presidential nomination.

Media reports suggested that Ramaswamy was among the wealthiest people to compete in the presidential race.

Who is Vivek Ramaswamy, and what is his net worth? Let’s find out.

Table of Contents Table of Contents

1. Key Takeaways
2. Vivek Ramaswamy's Net Worth
3. How Did Vivek Ramaswamy Make His Money?
4. Career in Politics
5. Philanthropy & Spending
6. The Bottom Line
7. FAQs
8. References

Show Full Guide

Table of Contents

1. Key Takeaways
2. Vivek Ramaswamy's Net Worth
3. How Did Vivek Ramaswamy Make His Money?
Show Full Guide
4. Career in Politics
5. Philanthropy & Spending
6. The Bottom Line
7. FAQs
8. References

Vivek Ramaswamy’s Net Worth

What Is Vivek Ramaswamy’s Net Worth in 2024?

According to Forbes, the net worth of Vivek Ramaswamy fluctuated close to $1 billion in August 2023.

The media firm said that Ramaswamy was the second-wealthiest person competing in the Republican presidential primary, only behind Trump, who was estimated to be worth about $2.5 billion at the time.

What Does Vivek Ramaswamy Own?

According to SEC filings, Vivek Ramaswamy owned 81.45 million shares in Roivant (ROIV) at the end of 2023. The shares gave Ramaswamy a 9.75% stake in the company.

Based on Roivant’s share price of $11.13, as of July 22, 2024, Vivek Ramaswamy’s Roivant stake was worth $906.53 million.

In May 2024, Ramaswamy acquired a 7.7% stake in media firm BuzzFeed (BZFD).

SEC filings showed he held over 2.72 million shares in BuzzFeed, valued at over $7.48 million, based on BuzzFeed share price of $2.75 as of July 22, 2024.

While Ramaswamy has declared his support for the crypto industry in his political campaigns, he has not disclosed whether he holds cryptocurrencies in his portfolio.

Wealth Fluctuations

Wealth fluctuations will largely depend on the performance of the companies Vivek Ramaswamy owns.

The majority of Ramaswamy’s wealth is held in Roivant stock. Therefore, the Roivant stock is particularly important to Ramaswamy’s wealth.

As of July 23, 2024, Roivant share price has lost about 1.94% in year-to-date terms.

Buzzfeed share prices will also affect Ramaswamy’s wealth. As of July 23, 2024, Buzzfeed share price has gained about 155% year-to-date.

How Did Vivek Ramaswamy Make His Money?

In this section, we talk about Vivek Ramaswamy’s history – from his childhood in Ohio to his political foray where he brushed shoulders with Republican leaders such as Donald Trump and JD Vance.

Early Ventures

Vivek Ramaswamy was born on August 9, 1985, in Cincinnati, Ohio, to Indian immigrant parents.

He graduated as valedictorian from Cincinnati’s St. Xavier High School in 2003, before joining Harvard University. At Harvard, Ramaswamy was a member of the Harvard Political Union.

He interned at hedge fund Amaranth Advisors and commercial bank Goldman Sachs while studying at Harvard.

Ramaswamy also co-founded a fundraising website for student founders called StudentBusinesses.com, which was reportedly bought by a private charity at an undisclosed sum later in 2009.

After graduating from Harvard, Ramaswamy worked at an investment firm called QVT, where he focused on the pharmaceutical industry.

While working at QVT, Ramaswamy continued his postgraduate studies at Yale Law School.

At Yale, Ramaswamy befriended JD Vance – a Republican vice president candidate for the 2024 elections.

Position at Roivant Sciences & Its Impact on Ramaswamy’s Wealth

Ramaswamy left QVT in 2014. With the backing of his former employer, Ramaswamy founded a biopharmaceutical company called Roivant.

In 2015, Roivant spun off its subsidiary called Axovant, which went public at a $2.2 billion valuation. Axovant’s main goal was to develop an Alzheimer’s drug abandoned by British pharma company GlaxoSmithKline.

According to Forbes, Ramaswamy reported an income of over $38 million after Axovant went public.

However, two years later, Axovant failed to commercialize its Alzheimer’s drug after failing two clinical trials. The company was rebranded to Sio Gene Therapies in 2020.

In 2020, Vivek Ramaswamy’s wealth got a major boost after Japanese pharma giant Sumitomo Dainippon acquired five drugs and a 10% stake in Roivant for $3 billion.

According to Forbes, Ramaswamy reported an income of $176 million on his tax return in 2020.

Chapter, a medicare advisor platform, is an organization Vivek Ramaswamy founded in 2020 with Cobi Blumenfeld-Gantz and Corey Metzman.

In January 2021, Ramaswamy stepped down as the chief executive officer of Roivant. That same year, Roivant went public by merging with a special purpose acquisition company (SPAC) called Montes Archimedes Acquisition Corp in a deal that valued the biopharma company at $7.3 billion.

In 2021, Ramaswamy also published a book, Woke, Inc.: Inside Corporate America’s Social Justice Scam, which criticized investments based on social justice and environmental, social and governance (ESG) movements.

In early 2022, Ramaswamy co-founded an investment firm called Strive Asset Management, which branded its funds as “anti-woke” and “anti-ESG.” The firm raised $20 million in its seed funding round from prominent investors including Peter Theil and Bill Ackman.

Career in Politics

In February 2023, Ramaswamy declared that he would run for the 2024 Republican presidential nomination.

According to the New York Times, Ramaswamy sought to appeal to Christian voters – an important part of the Republican base – but found that many of them were reluctant to vote for a non-Christian presidential candidate.

Ramaswamy ended his campaign in January 2024 after the 2024 Iowa Republican presidential caucuses, which saw rivals Donald Trump (51%), Ron DeSantis (21.3%) and Nikki Haley (19%) earn more votes than Ramaswamy (7.6%).

Ramaswamy said he would endorse Trump after dropping out of the race.

Philanthropy & Spending

Vivek Ramaswamy is a board member of Washington-based Philanthropy Roundtable. The organization describes itself as “America’s leading network of charitable donors working to strengthen our free society.”

In other Vivek Ramaswamy news, Homformation reported that Ramaswamy purchased a house in Columbus, Ohio for $2 million in May 2021.

The Bottom Line

Vivek Ramaswamy is a well-known businessman and politician who is particularly popular among the crypto community for his friendly views towards the industry.

Political observers had widely expected Ramaswamy to be picked by Trump as his running mate for the November 2024 US presidential elections. However, JD Vance was selected instead.

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