Vivek Ramaswamy is flying high with his latest quest!
The American entrepreneur and politician of Indian origin, who left President Donald Trump's Department of Government Efficiency (DOGE) last month, officially launched his campaign for Ohio governor, as he entered the 2026 Republican primary on Monday, lauding, “I am honored to officially announce my candidacy to serve as the next Governor of Ohio.”
With Donald Trump and Elon Musk’s endorsement under his wings already, The 39-year-old biotech entrepreneur is amassing support in his favor.
After Ramaswamy made his call to ‘Make Ohion Great Again’, DOGE head Elon Musk took to X (formerly Twitter) to announce his endorsement: “Good luck, you have my full endorsement!” On the other hand, US President Trump took to Truth Social to offer his “complete and total endorsement” of Ramaswamy, describing him as “something special.”
An investment partner at a hedge fund, founder of Roviant Science (a pharmaceutical company), co-founder of Strive Asset Management, an Ex-DOGE, and now running to become the Governor of Ohio - let’s take a look at Ramaswamy’s net worth.
Who is Vivek Ramaswamy?
Born in 1985, in Cincinnati, to Indian immigrant parents, Vivek Ganapathy Ramaswamy is an American entrepreneur and politician. He graduated from Harvard University with a bachelor's degree in biology and later earned a degree from Yale Law School.
Ramaswamy worked as an investment partner at a hedge fund before founding Roivant Sciences, a pharmaceutical company, in 2014. He also co-founded an investment firm, Strive Asset Management.
In February 2023, Ramaswamy declared his candidacy for the Republican Party nomination in the 2024 United States presidential election. He suspended his campaign in January 2024, after finishing fourth in the Iowa caucuses, and he proceeded to endorse Trump's candidacy. In February 2025, Ramaswamy announced his 2026 Ohio gubernatorial campaign.
Net worth:
In January 2024, Forbes estimated Ramaswamy's net worth at more than $960 million; his wealth comes from biotech and financial businesses. He featured in Forbes' Richest Entrepreneurs Under 40 and also richest 30 under 30 list. As per Forbes’ real-time net worth list, the biotech professional has a net worth of over $1 billion.
Billions in Biotech:Ramaswamy’s primary source of wealth is Roivant Sciences, the biotech company he founded in 2014. His business strategy centers on acquiring and developing overlooked pharmaceuticals, which are then moved toward commercialization.
In 2016, Ramaswamy was instrumental in launching Myovant Sciences, a Roivant subsidiary, in what was the largest biotech initial public offering (IPO) of the year, raising $218 million through a Nasdaq listing.
In 2020, Japanese company Sumitomo Dainippon purchased a portfolio of five Roivant drugs and a 10% company stake for $3 billion - which was a pivotal moment for both Roivant’s portfolio and Ramaswamy’s wealth. This sale provided Ramaswamy with an estimated $176 million in capital gains, significantly expanding his financial standing.
In 2021, Roivant’s valuation surged to $7.3 billion following a merger through a Special Purpose Acquisition Company (SPAC), with Ramaswamy’s 7% stake valued at approximately $511 million at that time.
Diversified investments:Apart from his work in biotech, Ramaswamy diversified his portfolio across various industries, allocating his earnings into a mix of stocks and bonds, alongside investments in emerging technologies, including cryptocurrency assets like Bitcoin and Ethereum.
As per Forbes, Ramaswamy also holds stakes in YouTube competitor Rumble and the crypto payments firm MoonPay.
Political ‘assets’:In 2021, Ramaswamy transitioned from biotech to politics publishing Woke, Inc. to critique corporate America's focus on social issues. He later founded Strive Asset Management, an “anti-woke” investment firm valued at approximately $300 million, with backing from notable investors like Peter Thiel and Bill Ackman.
Describing his approach as ‘excellence capitalism’, Ramaswamy advocates for companies to prioritize customer-focused excellence over social or political goals, positioning himself in contrast to the stakeholder capitalism model.
Modest lifestyle:Despite his hefty wealth and rising net worth, Ramaswamy maintains a modest lifestyle, with two Ohio homes collectively valued at $2.5 million.
Although he owns stakes in private jets for efficient travel, he emphasizes that his use of private aviation is primarily to “buy time with family.”
Ramaswamy’s down-to-earth image resonates with supporters, some of whom feel he brings an uncommon authenticity to the political stage.