[Latest] Vivek Ramaswamy Net Worth 2024: Salary, Net Worth in Rupees (INR), Income

Who is Vivek Ramaswamy?

Vivek Ganapathy Ramaswamy is an American entrepreneur and political candidate. He is best known for founding and leading Roivant Sciences, a biopharmaceutical company focused on developing and commercializing innovative therapies across multiple disease areas. In 2023, he confirmed his candidacy for the Republican nomination for the 2024 U.S. presidential election.

Vivek Ramaswamy’s net worth is approximately $1 billion. His net worth in Indian Rupees is INR 8,435 crore.

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Vivek Ramaswamy’s early career

Vivek Ramaswamy is an American entrepreneur, author, and political figure known for his work in the biotechnology industry and, more recently, his involvement in American politics. Ramaswamy was born on August 9, 1985, in Cincinnati, Ohio, to Tamil-speaking parents from Kerala.

early life and education

It is an honor to receive the Gerald R. Ford Award from the Federalist Society at Yale Law School. I spoke without reservation. I’m cautiously optimistic that all is not lost, even among the “elite.” pic.twitter.com/NCVzTPkySe

— Vivek Ramaswamy (@VivekGRamaswamy) November 10, 2024

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Ramaswamy grew up in Ohio and attended St. Xavier High School, graduating as valedictorian in 2003. He subsequently entered Harvard University and received a bachelor’s degree in biology with honors in 2007. After graduating from undergraduate school, he attended Yale Law School and received his Juris Doctor (JD) in 2013.

biotechnology careers

In 2014, Ramaswamy founded Roivant Sciences, a pharmaceutical company focused on acquiring and developing underutilized pharmaceutical assets. His success in this field has made him a multi-millionaire, with his net worth expected to reach approximately $630 million by 2023. He also co-founded Strive Asset Management in 2022 to challenge dominant environmental, social and governance (ESG) investment practices.

political participation

Ramaswamy entered politics as the Republican presidential candidate in the 2024 election. He announced his candidacy in February 2023 but suspended his campaign in January 2024 after finishing fourth in the Iowa caucuses. After dropping out of the race, he supported Donald Trump’s bid for president and was appointed to co-lead the newly proposed Department of Government Effectiveness (DOGE) alongside Elon Musk.

Opinions and publications

Ramaswamy is known for his vehement opposition to what he calls “woke capitalism,” which he criticized in his book “Woke Corporation: Inside the Social Justice Scam of Corporate America.” In this work, he argued that corporate involvement in social issues is often driven by profit motives rather than genuine ethical considerations. His views resonated with many conservative voters and made him a key figure in the Republican Party.

personal life

Begins at dawn in New Haven, Connecticut. Spent the morning in New York. Just dropped off my family in Columbus, Ohio. Return to Palm Beach soon. One day, four cities in four different states, all in one great country. Thank you so much 🇺🇸 pic.twitter.com/f2dNMsHwqo — Vivek Ramaswamy (@VivekGRamaswamy) November 10, 2024

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In addition to his professional achievements, Ramaswamy is also noted for his unique background. While at Harvard, he performed liberal-themed rap music under the stage name “Da Vek” and described himself as a contrarian who enjoyed debate. His wife Apoorva Tewari is a medical professional.

Vivek Ramaswamy Net Worth and Earnings Assets in 2024

Vivek Ramaswamy’s net worth is estimated to be over $1 billion as of November 2024, according to Forbes and other financial reports. His wealth stems primarily from his successful career in biotechnology, particularly through Roivant Sciences, a company he founded in 2014.

main source of wealth

• Roivant Sciences: Ramaswamy’s most significant financial success comes from Roivant, a company focused on acquiring and developing underutilized pharmaceuticals. Roivant’s wealth received a major boost in 2020 when he sold a portfolio of drugs and company shares to Japan’s Sumitomo Dainippon for $3 billion, giving him about $176 million. Capital Gains.
• Public offering: He was instrumental in founding Myovant Sciences, which had the largest biotech IPO of 2016, raising $218 million. Roivant’s valuation soared to $7.3 billion after a merger with a special purpose acquisition company (SPAC) in 2021, significantly increasing the value of Ramaswamy’s stake.
• Diversified investments: Apart from Roivant, Ramaswamy has invested in various sectors, including cryptocurrencies such as Bitcoin and Ethereum, and stakes in companies such as Rumble and MoonPay.
• Strive Asset Management: Ramaswamy co-founded this asset management company in 2021, which has a valuation of approximately $300 million and manages more than $500 million in assets. It is estimated that his 33% stake will contribute an additional $100 million to his net worth.

personal assets

Ramaswamy owns two homes in Ohio worth about $2.5 million and invests in private aviation for personal travel, which he stresses allows him to spend more time with his family.

🚨 BREAKING NEWS: Trump announces Elon Musk and Vivek Ramaswamy to serve as Secretaries of Government Effectiveness.

It would “cut redundant regulations” and “cut wasteful spending.” pic.twitter.com/sBxGW9okcr — Eric Dougherty (@EricLDaugh) November 13, 2024

Source: https://dinhtienhoang.edu.vn
Category: Optical Illusion