Table: Vivek Ramaswamy’s Net Worth
| Category | Details |
|---|---|
| Net Worth | $800 million |
| Salary | $260 million (2014-2022) |
| Birthdate | August 9, 1985 |
| Birthplace | Cincinnati, Ohio |
| Gender | Male |
| Height | Not available |
| Profession | Businessman, Entrepreneur, Author |
| Nationality | American |
What Is Vivek Ramaswamy’s Net Worth?
Vivek Ramaswamy is an American businessman, entrepreneur, and author with a net worth of $800 million. He has accumulated his wealth through biotech and financial investments. While he gained national attention as a Republican candidate for the US President in August 2023, his majority net worth is derived from his stake in Roivant Sciences, a pharmaceutical company.
Highlights
– Vivek Ramaswamy has a net worth of $800 million.
– He earned his fortune through biotech and financial investments.
– 7% stake in Roivant Sciences is the primary component of his net worth.
– He also owns 1/3 of Strive Asset Management, a index fund provider.
– Vivek Ramaswamy has never been a billionaire, contrary to some claims.
Early Life
Vivek Ramaswamy was born on August 9, 1985, in Cincinnati, Ohio. His parents, Geeta Ramaswamy and Vivek Ganapathy, immigrated to the US from Vadakkencherry, Palakkad, Kerala, India. He attended St. Xavier High School and excelled academically and in tennis, achieving national ranking. Ramaswamy graduated from Harvard College with a Bachelor of Arts degree in biology in 2007. He then obtained a Juris Doctor degree from Yale Law School in 2013.
Career
Vivek Ramaswamy co-founded the technology company Campus Venture Network in 2007 before selling it to the Ewing Marion Kauffman Foundation in 2009. From 2007 to 2014, he worked at QVT Financial as a partner and co-manager of the company’s biotech portfolio. In 2014, he founded Roivant Sciences, a pharmaceutical company focused on developing and delivering medicines efficiently. Ramaswamy stepped down as Roivant’s CEO in 2021 and co-founded Strive Asset Management in Ohio.
Personal Life
Vivek Ramaswamy met his wife, Apoorva, while attending Yale University. Apoorva is a surgeon and assistant professor at the Ohio State University Wexner Medical Center. The couple has two sons together. Vivek is also known for his writing, having published books like “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.”
Net Worth Over Time
Vivek Ramaswamy’s net worth has experienced fluctuations due to his investments and business ventures. As of now, his net worth stands at $800 million, which has never reached billionaire status. He acquired a significant portion of his wealth through his 7% stake in Roivant Sciences. Additionally, his ownership in Strive Asset Management contributes to his net worth.
Components of Net Worth
Vivek Ramaswamy’s net worth primarily consists of the following components:
– 7% stake in Roivant Sciences: This pharmaceutical company’s success and subsequent deals have significantly contributed to his wealth.
– Strive Asset Management: Vivek owns 1/3 of this index fund provider, which currently manages over $500 million in assets.
– Investments and financial earnings: He has earned a substantial amount from salary, bonuses, and capital gains over the years.
In conclusion, Vivek Ramaswamy has built a net worth of $800 million through his business ventures in biotech and investments. His stake in Roivant Sciences and ownership in Strive Asset Management are the key contributors to his wealth. Despite never reaching billionaire status, Ramaswamy continues to be a prominent figure in the business world and a notable author.