Vivek Ramaswamy
Vivek Ramaswamy emerged from a successful career in biotech and finance to become a prominent, often polarizing, figure in American politics. From founding a multi-billion dollar pharmaceutical company to launching a surprising bid for the U.S. presidency, his trajectory has been marked by ambition, outspoken views, and significant wealth accumulation. Join us as we explore the journey of this entrepreneur-turned-politician, tracing his rise and the ideas that define him. Ramaswamy built considerable wealth through biotech ventures like Roivant Sciences, leveraging innovative strategies for drug development and IPOs. His political career is defined by a staunch 'anti-woke' stance, challenging corporate ESG initiatives and traditional political narratives through his asset management firm and published works. Ramaswamy's presidential campaign, though brief, gained national attention for its controversial policy proposals and willingness to promote right-wing conspiracy theories.
AI Summary
Vivek Ramaswamy emerged from a successful career in biotech and finance to become a prominent, often polarizing, figure in American politics. From founding a multi-billion dollar pharmaceutical company to launching a surprising bid for the U.S. presidency, his trajectory has been marked by ambition, outspoken views, and significant wealth accumulation. Join us as we explore the journey of this entrepreneur-turned-politician, tracing his rise and the ideas that define him.
- Ramaswamy built considerable wealth through biotech ventures like Roivant Sciences, leveraging innovative strategies for drug development and IPOs.
- His political career is defined by a staunch 'anti-woke' stance, challenging corporate ESG initiatives and traditional political narratives through his asset management firm and published works.
- Ramaswamy's presidential campaign, though brief, gained national attention for its controversial policy proposals and willingness to promote right-wing conspiracy theories.
Vivek Ramaswamy: The Entrepreneur-Turned-Politician
Born in Cincinnati, Ohio, in 1985 to Indian immigrant parents, Vivek Ganapathy Ramaswamy has forged a path from successful entrepreneurship to the national political stage. He founded the biotechnology powerhouse Roivant Sciences and later an 'anti-woke' asset management firm, Strive Asset Management. His public profile surged as he launched a spirited, albeit ultimately unsuccessful, bid for the 2024 Republican presidential nomination.
Early Life & Influences
Ramaswamy's father worked as an engineer for General Electric, while his mother was a geriatric psychiatrist. Growing up in Ohio, he attended public schools before graduating as valedictorian from the Jesuit-affiliated St. Xavier High School. His early experiences, including regular visits to a local Hindu temple and lessons from a conservative Christian piano teacher, shaped his foundational views.
Education: Harvard & 'Da Vek'
He earned a Bachelor of Arts in biology, summa cum laude, from Harvard University in 2007. At Harvard, Ramaswamy was known for his confident, libertarian leanings and his love for debate, even serving as president of the Harvard Political Union. During this period, he notably performed Eminem covers and libertarian-themed rap under the moniker 'Da Vek'.
Education: Yale Law & Early Wealth
After Harvard, Ramaswamy worked in finance before attending Yale Law School, where he received a Juris Doctor in 2013. Interestingly, he later stated that he was already a millionaire—with a net worth of about $15 million—before even graduating from law school, thanks to his prior activities in the finance and biotech sectors. It was at Yale that he befriended future U.S. Senator J.D. Vance.
Early Ventures & Finance Career
Ramaswamy's entrepreneurial journey began early. In 2007, he co-founded Campus Venture Network, a social networking platform for aspiring student entrepreneurs, which was later sold. Concurrently, from 2007 to 2014, he honed his skills at the hedge fund QVT Financial, where he rose to partner and co-managed the firm's biotech investment portfolio.
The Martin Shkreli Connection
While at QVT Financial, Ramaswamy's biotech investments included stakes in companies like Retrophin, founded by the controversial figure Martin Shkreli. Ramaswamy later characterized Shkreli, infamous for dramatically increasing the price of a life-saving drug, as both 'brilliant' and a 'pathological liar.' He also controversially criticized the Department of Justice's prosecution of Shkreli, labeling his fraud a 'victimless crime'.
Roivant Sciences: A Biotech Bet
In 2014, Ramaswamy founded Roivant Sciences, a pharmaceutical company focused on developing new medicines more efficiently. His strategy involved acquiring undervalued or abandoned drug candidates from larger pharmaceutical companies and 're-vamping' them, giving rise to the name 'Roivant' and its numerous 'vants' or subsidiaries.
Axovant: High Hopes and High Stakes
One of Roivant's most notable early subsidiaries was Axovant Sciences. In 2014, Axovant acquired the patent for intepirdine, a drug for Alzheimer's disease, from GlaxoSmithKline for a mere $5 million—despite it having failed four previous clinical trials. Ramaswamy believed he could succeed where others had failed, promising groundbreaking results.
The 'Wall Street Darling' IPO
Ramaswamy's vision for Axovant captured Wall Street's attention. Before new clinical trials even began, he orchestrated Axovant's initial public offering in 2015, raising $315 million. The company's market value temporarily soared to nearly $3 billion, despite having only eight employees. Ramaswamy personally reaped over $37 million in capital gains that year, publicly declaring his company would be 'the highest return on investment endeavor ever taken up in the pharmaceutical industry'.
Roivant's Global Expansion
Roivant's influence expanded internationally under Ramaswamy's leadership. In 2017, the company partnered with CITIC Private Equity to form Sinovant in China and secured a substantial $1.1 billion investment from Masayoshi Son's SoftBank. By 2019, Roivant sold stakes in several subsidiaries to Sumitomo Dainippon Pharma, further boosting Ramaswamy's capital gains by $175 million.
Leadership Transition and Financial Reality
In January 2021, Ramaswamy stepped down as CEO of Roivant, transitioning to executive chairman. Later that year, Roivant went public on Nasdaq through a reverse merger. Despite its high-profile deals and significant fundraising, Roivant Sciences had not turned a profit during Ramaswamy's tenure as CEO. He eventually resigned as chairman in February 2023 to focus on his presidential campaign, though he remains the sixth-largest shareholder with a 7.17% stake.
Roivant Social Ventures: A Contrasting Initiative
In 2020, while still CEO, Ramaswamy supported the establishment of Roivant Social Ventures (RSV), a nonprofit focused on social impact. RSV promoted initiatives like health equity and diversity within the biopharma industry, aligning with diversity, equity, and inclusion (DEI) and environmental, social, and corporate governance (ESG) principles. This stance notably contrasts with Ramaswamy's later political messaging, where he frequently campaigned against such corporate initiatives.
Strive Asset Management: Anti-Woke Investing
In early 2022, Ramaswamy co-founded Strive Asset Management with his high school friend Anson Frericks. The firm positioned itself as an 'anti-woke' alternative in the investment world, raising about $20 million from investors including Peter Thiel and JD Vance. Strive aimed to challenge major asset managers like BlackRock and Vanguard, accusing them of prioritizing ESG politics over investor returns.
Challenging ESG: Shareholder Primacy
Ramaswamy became a vocal critic of ESG, advocating instead for the doctrine of 'shareholder primacy' championed by Milton Friedman. In his bestselling books, including 'Woke, Inc.: Inside Corporate America's Social Justice Scam,' he argued that socially conscious investing by corporations was both ineffective and a threat to American society. This stance became a cornerstone of his political identity.
The DRLL Fund and Energy Stance
Strive's flagship offering, the DRLL exchange-traded fund, launched in 2022 as an 'anti-woke' energy sector index fund. Ramaswamy publicly declared that Strive would push energy companies to increase oil drilling and natural gas fracking, emphasizing that they should 'do whatever allows them to be most successful over the long run without regard to political, social, cultural or environmental agendas'.
Lobbying Controversy
In October 2022, Ramaswamy met privately with South Carolina lawmakers to pitch Strive for managing state pension funds. These closed-door sessions, arranged by State Treasurer Curtis Loftis, later drew criticism as a form of unregistered lobbying. Ramaswamy's campaign manager denied any impropriety, but the incident highlighted his active role in advancing Strive's interests.
Entry into Politics
Though he had previously made political donations to both Democrats and Republicans, Ramaswamy largely remained outside the political spotlight until 2020. It was then that he publicly supported Donald Trump, began writing books critical of 'woke' policies, and became an active donor to the Republican Party. He briefly considered a run for the U.S. Senate in Ohio in 2022 before setting his sights higher.
The 2024 Presidential Campaign
Ramaswamy launched an unexpected campaign for the 2024 Republican presidential nomination, quickly gaining attention for his youth and unconventional, often provocative, political positions. After finishing fourth in the Iowa caucuses in January 2024, he suspended his campaign and endorsed Donald Trump, subsequently serving as a political surrogate for the Trump campaign.
The 2026 Ohio Gubernatorial Bid
Following his presidential run, Ramaswamy announced his candidacy for the 2026 Ohio gubernatorial election. His campaign launched in February 2025, quickly securing a crucial endorsement from former President Donald Trump. This move signaled Ramaswamy's continued ambition to hold significant political office, starting in his home state.
Political Positions: Core Tenets
Ramaswamy describes himself as a conservative and an American nationalist. A key part of his platform involves opposing what he terms 'woke' policies, including critical race theory and affirmative action. He has pledged to rescind Executive Order 11246, which requires affirmative action for federal contractors, arguing that American capitalism offers an antidote to societal divisions.
Views on Abortion
On abortion, Ramaswamy generally expresses opposition, often equating it to murder. He advocates for the issue to be decided at the state level rather than through a national ban. In the past, he has supported state-level six-week abortion bans, provided they include exceptions for cases of rape, incest, or when the mother's life is in danger.
Executive Power: A Sweeping Vision
Ramaswamy has proposed a radical expansion of presidential executive power, pledging to rule by executive fiat to an unprecedented degree. His plans include firing 75% of federal employees, dismantling civil service protections, and abolishing at least five federal agencies such as the Departments of Education and Agriculture, the FBI, IRS, and Nuclear Regulatory Commission. He has also labeled the Food and Drug Administration 'corrupt,' vowing to 'expose and ultimately gut' it.
Reimagining Voting Rights
Perhaps one of his most contentious proposals involves raising the standard voting age from 18 to 25, which would require repealing the 26th Amendment. He suggested that citizens between 18 and 24 could still vote if they served in the military, worked as first responders, or passed the civics test required for naturalization. Ramaswamy has also called for an end to birthright citizenship and proposed replacing Juneteenth with Election Day as a federal holiday.
Foreign Policy Stances
In foreign affairs, Ramaswamy's positions diverge from traditional conservative orthodoxy. He stated he would not use U.S. military force against Iran and condemned Azerbaijan's military operation in Nagorno-Karabakh, suggesting the U.S. should block aid to Azerbaijan. These views reflect a more non-interventionist approach than some of his Republican counterparts.
The Russia-Ukraine Approach
Regarding the Russo-Ukrainian War, Ramaswamy proposed significant concessions to Russia. His plan included freezing current lines of control in a 'Korean-war style armistice,' ending U.S. military aid to Ukraine, and excluding Ukraine from NATO. In exchange, he suggested Russia should agree to end its alliance with China, aiming to realign global power dynamics.
China, Taiwan, and Semiconductors
Ramaswamy expressed support for Taiwanese independence and even floated the idea of 'putting a gun in every Taiwanese household' to deter a Chinese invasion. However, he also stated the U.S. should only militarily defend Taiwan after achieving 'semiconductor independence,' a goal he pledged to meet by 2028, suggesting a conditional commitment to the island's defense.
Climate and Energy: 'Climate Change Agenda is a Hoax'
Despite claiming not to be a 'climate denier,' Ramaswamy has controversially asserted that 'the climate change agenda is a hoax' and falsely claimed that 'more people are dying from climate policies than actual climate change.' He has argued that people should be 'proud to live a high-carbon lifestyle' and that the U.S. should aggressively 'drill, frack, burn coal'.
Challenging the 'Climate Cult'
Ramaswamy has frequently criticized what he calls the 'climate cult,' vowing that as president, he would 'abandon the anticarbon framework' and halt all mandates to measure carbon dioxide. He also opposed subsidies for electric vehicles. Critics have pointed out that his arguments often rely on incorrect statistical claims and selectively highlight upsides of fossil fuels while ignoring larger environmental and health downsides.
Promotion of Conspiracy Theories
Throughout his political career, Ramaswamy has often repeated and promoted various right-wing conspiracy theories and falsehoods. While initially condemning the January 6th Capitol attack, he later claimed it 'was an inside job,' a claim unsupported by evidence. He also invoked September 11 conspiracy theories, questioning whether 'federal agents were on the planes' that hit the Twin Towers.
Election & 'Great Replacement' Theories
Ramaswamy has asserted that 'big tech' played a role in 'stealing' the 2020 election, primarily by suppressing the Hunter Biden laptop story. He has also claimed that the 'Great Replacement' conspiracy theory—a racist theory positing that white populations are being systematically replaced by non-white immigrants—was effectively 'the Democratic Party's platform' to benefit from demographic shifts. When confronted about past remarks, he frequently denied them or claimed misquotation, even when recordings or transcripts proved otherwise.
Article
Vivek Ramaswamy
Vivek Ganapathy Ramaswamy (born August 9, 1985) is an American entrepreneur and politician. He founded Roivant Sciences, a biotechnological pharmaceutical company, in 2014 and was its chief executive officer until 2021. Ramaswamy entered national politics as the youngest presidential candidate in the 2024 Republican primaries, but withdrew his bid and endorsed Donald Trump. He is currently the Republican nominee for governor of Ohio in the 2026 gubernatorial election and has been endorsed by both Trump and the Ohio Republican Party.
Ramaswamy was born in Cincinnati, Ohio, to Indian immigrant parents. He earned a bachelor's degree in biology from Harvard College in 2007 and a Juris Doctor from Yale Law School in 2013. Ramaswamy became an investment partner at a hedge fund before founding Roivant Sciences in 2014. He also co-founded an investment firm, Strive Asset Management, in 2022. Forbes estimated Ramaswamy's net worth to be $2.3 billion in September 2026, derived primarily from his biotech and financial businesses.
Ramaswamy largely remained apolitical until 2020 when he supported Trump in the 2020 presidential election. In 2021, Ramaswamy wrote his first book, Woke Inc, and appeared on cable networks arguing against left-wing "woke" policies. He became an active donor to the Republican Party. He briefly considered running in the 2022 U.S. Senate election in Ohio.
Early life
Vivek Ramaswamy
Vivek Ganapathy Ramaswamy was born in Cincinnati, Ohio, on August 9, 1985 to parents from India. His father, Vadakanchery Ganapathy Ramaswamy, a graduate of the National Institute of Technology Calicut, worked as an engineer for General Electric, and his mother, Geetha Ramaswamy, a graduate of the Mysore Medical College & Research Institute, worked as a geriatric psychiatrist for Merck and Schering-Plough. His parents hail from the Palakkad district in Kerala, where their Palakkad Iyer family had an ancestral Agraharam home.
Ramaswamy was raised in Ohio. Growing up, Ramaswamy often attended a local Hindu temple in Dayton with his family. His conservative Christian piano teacher, who gave him private lessons from elementary through high school, also influenced his social views. He spent many summer vacations traveling to India with his parents. In high school, Ramaswamy was a nationally ranked junior tennis player.
Education
Ramaswamy attended public schools through eighth grade. He then attended Cincinnati's St. Xavier High School, a Catholic school affiliated with the Jesuit order, graduating as valedictorian in 2003.
Ramaswamy received a Bachelor of Arts degree (summa cum laude) with a major in biology from Harvard University in 2007. He was a member of Phi Beta Kappa. At Harvard, he gained a reputation as a brash and confident libertarian. He was a member of the Harvard Political Union, becoming its president. He told The Harvard Crimson that he considered himself a contrarian who loved to debate. While in college, he performed Eminem covers and libertarian-themed rap music under the stage name and alter ego "Da Vek", and was an intern for Amaranth Advisors, a hedge fund, and investment bank Goldman Sachs. He wrote his senior thesis on the ethical questions raised by creating human-animal chimeras, earning him a Bowdoin Prize.
In 2011, Ramaswamy was awarded a postgraduate fellowship to attend law school by the Paul & Daisy Soros Fellowships for New Americans. Ramaswamy later said that by the time he attended Yale Law School, he was already wealthy from his activities in the finance, pharmaceutical, and biotech industries; he said in 2023 that he had a net worth of around $15 million before graduating from law school. At Yale Law School, he befriended fellow Ohio native and future vice president of the United States JD Vance. He received a Juris Doctor degree from Yale Law School in 2013. In a 2023 interview, Ramaswamy said that he was a member of the campus Jewish intellectual discussion society Shabtai while a law student.
Business career
Early career
In 2007, Ramaswamy and Travis May co-founded Campus Venture Network, which published a private social networking website for university students who aspired to launch a business. The company was sold to the nonprofit Ewing Marion Kauffman Foundation in 2009.
Ramaswamy worked at the hedge fund QVT Financial from 2007 to 2014. He was a partner and co-managed the firm's biotech portfolio. QVT's biotech investments under Ramaswamy included stakes in Palatin Technologies, Concert Pharmaceuticals, Pharmasset, and Martin Shkreli's Retrophin. In a 2023 speech and in his book Woke Inc., Ramaswamy called Shkreli, whose company had greatly increased the cost of a life-saving drug, both "brilliant" and a pathological liar. He criticized the U.S. Department of Justice for prosecuting Shkreli, calling his fraud a victimless crime.
Roivant Sciences and subsidiaries
Ramaswamy in 2017
In 2014, Ramaswamy founded the biotechnology firm Roivant Sciences; the "Roi" in the company's name refers to return on investment. The company was incorporated in Bermuda, a tax haven, and received almost $100 million in start-up capital from QVT and other investors, including RA Capital Management, Visium Asset Management, and the hedge fund managers D. E. Shaw & Co. and Falcon Edge Capital. Roivant's strategy was to purchase patents from larger pharmaceutical companies for drugs that had not yet been successfully developed, and then bring them to the market. The company created numerous subsidiaries, including Dermavant (focused on dermatology), Urovant (focused on urological disease), and China-based Sinovant and Cytovant, both focused on the Asian market.
In 2015, Ramaswamy raised $360 million for the Roivant subsidiary Axovant Sciences in an attempt to market intepirdine as a drug for Alzheimer's disease. In December 2014, Axovant purchased the patent for intepirdine from GlaxoSmithKline (where the drug had failed four previous clinical trials) for $5 million, a small sum in the industry. Ramaswamy appeared on the cover of Forbes in 2015, and said his company would "be the highest return on investment endeavor ever taken up in the pharmaceutical industry." Before new clinical trials began, he engineered Axovant's initial public offering (IPO); it became a "Wall Street darling" and raised $315 million. The company's market value initially soared to almost $3 billion, although at the time it only had eight employees, including Ramaswamy's brother and mother. Ramaswamy took a massive payout after selling a portion of his shares in Roivant to Viking Global Investors. He claimed more than $37 million in capital gains in 2015. Ramaswamy said his company would be the "Berkshire Hathaway of drug development" and touted the drug as a "tremendous" opportunity that "could help millions" of patients, prompting some criticism that he was overpromising.
In September 2017, the company announced that intepirdine had failed in its large clinical trial. The company's value plunged; it lost 75% in one day and continued to decline afterward. Shareholders who lost money included various institutional investors, such as the pension fund of the California State Teachers' Retirement System. Ramaswamy was insulated from much of Axovant's losses because he held his stake through Roivant. The company abandoned intepirdine. In 2018, Ramaswamy said he had no regrets about how the company handled the drug. In subsequent years, he said he regretted the outcome but was annoyed by criticism of the company. Axovant thereafter attempted to reinvent itself as a gene therapy company, and dissolved in 2023.
In 2017, Roivant partnered with CITIC Private Equity of the Chinese state-owned CITIC Group to form Sinovant. In 2017, Ramaswamy struck a deal with Masayoshi Son in which SoftBank invested $1.1 billion in Roivant. In 2019, Roivant sold its stake in five subsidiaries (or "vants"), including Enzyvant, to Sumitomo Dainippon Pharma; Ramaswamy made $175 million in capital gains from the sale. The deal also gave Sumitomo Dainippon a 10% stake in Roivant.
While campaigning for the presidency, Ramaswamy called himself a "scientist" and said, "I developed a number of medicines."
In January 2021, Ramaswamy stepped down as CEO of Roivant Sciences and assumed the role of executive chairman. In 2021, after he resigned as CEO, Roivant was listed on the Nasdaq via a reverse merger with Montes Archimedes Acquisition Corp, a special purpose acquisition vehicle. In February 2023, Ramaswamy stepped down as chair of Roivant to focus on his presidential campaign.
Ramaswamy remains the sixth-largest shareholder of Roivant, retaining a 7.17% stake. During Ramaswamy's time running Roivant the company had never been profitable.
Roivant Social Ventures
In 2020, when Ramaswamy was CEO of Roivant Sciences, the company established a nonprofit social-impact arm, Roivant Social Ventures (RSV), with his support. An earlier iteration of RSV, the Roivant Foundation, was created in 2018. Although Ramaswamy's presidential campaign centered on opposing corporate diversity, equity, and inclusion (DEI) and environmental, social, and corporate governance (ESG) initiatives, RSV worked in support of pro-DEI and ESG initiatives, including promoting health equity and diversity within the biopharma and biotech industries. While campaigning, Ramaswamy has downplayed his role in creating and overseeing RSV.
Strive Asset Management
Ramaswamy speaking in 2022
In early 2022, together with his high school friend Anson Frericks, Ramaswamy co-founded Strive Asset Management, a Columbus, Ohio-based asset management firm. The firm raised about $20 million from outside investors, including Peter Thiel, JD Vance, and Bill Ackman.
Strive has branded itself as "anti-woke" and its funds as "anti-ESG"; Ramaswamy has said that the largest asset managers, such as BlackRock, State Street, and Vanguard, mix business with ESG politics to the detriment of their funds' investors.
Pension fund managers take account of ESG in the assessment of long-term risk, including climate risks, when making portfolio decisions. Ramaswamy has crusaded against ESG and emphasizes the doctrine of shareholder primacy, famously articulated by Milton Friedman. In his book Woke, Inc.: Inside Corporate America's Social Justice Scam and elsewhere, he has depicted private corporations' socially conscious investing as simultaneously ineffective and the greatest threat to American society. He published a second book, Nation of Victims: Identity Politics, the Death of Merit, and the Path Back to Excellence, in September 2022, a few months before announcing his presidential candidacy.
Strive's flagship fund, the exchange-traded fund DRLL, launched in 2022 as an "anti-woke" energy sector index fund. Ramaswamy said that Strive would push energy companies to drill for more oil, frack for more natural gas, and "do whatever allows them to be most successful over the long run without regard to political, social, cultural or environmental agendas."
In October 2022, Ramaswamy held closed-door meetings with South Carolina lawmakers in a session arranged by state treasurer Curtis Loftis; during the meetings, Ramaswamy pitched Strive to manage South Carolina pension funds. In June 2023, after The Post and Courier reported on the meetings, the sessions were criticized as a form of unregistered lobbying; Ramaswamy's campaign manager denied any impropriety.
Ramaswamy was Strive's executive chairman before resigning in February 2023 to focus on his presidential campaign.
In August 2026, a federal judge declined to dismiss a whistleblower lawsuit against Ramaswamy stemming from his tenure at Strive. Former Strive executive Joyce Rosely alleged that Ramaswamy and other executives pressured her to engage in securities-law violations and that she was fired after objecting to the alleged conduct. The ruling allowed her whistleblower retaliation claims to proceed, without determining whether the alleged securities-law violations occurred.
Other ventures
In 2020, Ramaswamy co-founded Chapter Medicare, a Medicare navigation platform. He participated in the Ohio COVID-19 Response Team, working with the lieutenant governor as an adviser on COVID-19 and regularly participating in Ohio's daily virus briefings.
He was chairman of OnCore Biopharma, a position he maintained at Tekmira Pharmaceuticals when the two companies merged in March 2015. He also was chair of the board of Arbutus Biopharma, a Canadian firm.
In May 2024, Ramaswamy acquired a 7.7% stake in BuzzFeed, later increased to 8.4%, making him the second-largest Class A shareholder in the company. Soon after the acquisition, he sent a letter to the company's board of directors, in which he suggested they hire conservative pundits such as Candace Owens, Tucker Carlson, and Bill Maher, as well as three "high-profile directors, with strong track business records in new media" whom he knew.
Political career
Early political involvement
Ramaswamy said that he voted for Michael Badnarik, the Libertarian Party presidential nominee in (/wiki/2004UnitedStatespresidentialelection), but did not vote in the presidential elections in (/wiki/2008UnitedStatespresidentialelection), (/wiki/2012UnitedStatespresidentialelection), or (/wiki/2016UnitedStatespresidentialelection). He described himself as apolitical during this period. He supported Donald Trump in the 2020 election. In November 2021, Ramaswamy registered to vote in Franklin County, Ohio, as "unaffiliated", but described himself as a Republican.
Ramaswamy has made political contributions to both Democrats and Republicans. In 2016, he donated $2,700 to the campaign of Dena Grayson, a Florida Democrat running for Congress. From 2020 to 2023, he donated $30,000 to the Ohio Republican Party. Ramaswamy considered running in the 2022 U.S. Senate election in Ohio.
2024 presidential campaign
Ramaswamy speaks with supporters at a town hall in Des Moines, Iowa.
On February 21, 2023, Ramaswamy declared his candidacy for the Republican nomination for president of the United States in 2024 on Tucker Carlson Tonight. He publicly released 20 years of his individual income tax returns and called upon his rivals in the primary to do the same. His fortune had made up the vast majority of his campaign's fundraising. From February to July 2023, Ramaswamy loaned his campaign more than $15 million; his campaign ended the second quarter of 2023 with about $9 million in cash on hand. His fundraising lagged far behind Donald Trump's and Ron DeSantis's, but exceeded most of the other Republican primary candidates'.
During his campaign for the Republican presidential nomination, Ramaswamy sought to appeal to evangelical Christian right and Christian nationalist voters, an important part of the Republican base, some of whom are reluctant or unwilling to support a non-Christian presidential candidate such as Ramaswamy, who is Hindu. In campaign stops and interviews, Ramaswamy had criticized secularism, saying that the U.S. was founded on Christian values or Judeo-Christian values; that he shares those values; and that he believes in one God. While campaigning, Ramaswamy called himself an "unapologetic American nationalist"; he often attacked DeSantis but avoided directly criticizing Trump.
Ramaswamy at a UFC fight in November 2024, with President-elect Donald Trump and Elon Musk
In May 2023, Ramaswamy's campaign admitted that he had paid an editor to alter his Wikipedia biography before announcing his candidacy, but denied that the payment for edits was politically motivated. The edits to the Wikipedia biography removed references to Ramaswamy's postgraduate fellowship from the Paul & Daisy Soros Fellowship for New Americans, as well as his involvement with the Ohio COVID-19 Response Team. Paul and Daisy Soros are the elder brother and sister-in-law, respectively, of businessman and social activist George Soros, who has been the subject of numerous conspiracy theories among American conservatives and rightists. Ramaswamy's campaign denied attempting to "scrub" his Wikipedia page and argued the edits were revisions of "factual distortions".
In January, after finishing fourth in the Iowa caucuses, Ramaswamy ended his campaign and endorsed Trump. For the remainder of the 2024 U.S. presidential election, Ramaswamy served the Trump campaign as a political surrogate, representing the Trump campaign and attending campaign events in place of the candidate.
Department of Government Efficiency
A week after the 2024 election, President-elect Donald Trump announced that Ramaswamy and businessman Elon Musk had been tasked to lead the newly proposed Department of Government Efficiency (DOGE). However, Ramaswamy never worked with the DOGE team during the Trump administration, as on Inauguration Day, he dropped out of DOGE to focus on a potential 2026 Ohio gubernatorial campaign. The departure was reportedly due to friction between Ramaswamy and other DOGE leadership and staff, as well as Ramaswamy stating American work culture "venerated mediocrity over excellence".
2026 Ohio gubernatorial election
On February 15, 2025, Ramaswamy filed to enter the 2026 Ohio gubernatorial election. He officially announced his run on February 24. On the same day, when Ramaswamy launched his campaign for Ohio governorship, he was endorsed by President Donald Trump, who posted "Vivek is also a very good person, who truly loves our Country, He will be a GREAT Governor of Ohio, will never let you down, and has my COMPLETE AND TOTAL ENDORSEMENT!"
According to political analysts, Trump's early backing of Ramaswamy's candidacy was expected to help his campaign and help to avoid a difficult primary campaign. Ramaswamy also received support from Trump's senior adviser Elon Musk, who posted on social platform X "Good luck, you have my full endorsement," quoting Ramaswamy's video announcing his run for Ohio governorship. On May 9, 2025, Ramaswamy received the official endorsement of the Ohio Republican Party's State Central Committee, marking the earliest the state Republican Party had ever endorsed a non-incumbent gubernatorial candidate.
On January 6, 2026, Ramaswamy announced that he had selected Ohio State Senate President Rob McColley as his running mate for lieutenant governor. On January 7, Ohio Governor Mike DeWine endorsed Ramaswamy's candidacy.
Later that month, Ramaswamy's campaign ended its contract with a private security firm after a bodyguard assigned to his family was arrested on federal drug trafficking charges; it was later disclosed that several guards provided by the firm were not properly licensed to work as armed security in Ohio.
In the May 5 Republican primary, Ramaswamy defeated Casey Putsch, 82.5% to 17.5%.
The Ramaswamy campaign has been described as "ugly" and heavily focused upon negative campaigning. In October, he took responsibility for an ad featuring Acton's mother, who lost custody of her in 1978, telling voters not to trust her daughter. Sitting Ohio governor Mike DeWine and senator Jon Husted condemned the ad and distanced themselves from Ramaswamy and his campaign following his campaign's decision to continue airing the ad.
If elected, Ramaswamy would become Ohio's first Indian American and billionaire governor.
Political positions
Vivek Ramaswamy
Ramaswamy in West Palm Beach, Florida
Ramaswamy has often described himself as an American nationalist. He has described the United States as being in the middle of a national identity crisis, precipitated by what he calls "new secular religions like COVID-ism, climate-ism, and gender ideology". Although they were running against each other for the 2024 Republican nomination, Ramaswamy vocally supported Trump. After Trump was indicted on federal criminal charges in 2023, Ramaswamy supported him, promising to pardon Trump if elected president. He also promised to pardon Julian Assange, Ross Ulbricht, and Edward Snowden. He suggested that he considered Robert F. Kennedy Jr. as a possible running mate.
Anti-woke
In 2023, The New York Times described Ramaswamy as an anti-woke candidate. Ramaswamy's August 2021 book, the New York Times bestseller, Woke Inc described his view of the so-called "modern woke-industrial complex". Ramaswamy gained recognition in right-wing circles by opposing corporate E.S.G. programs that advance political, social and environmental causes in businesses. In his presidential campaign, he asserted that "faith, patriotism and hard work" are being replaced by "new secular religions like Covidism, climatism and gender ideology."
Critical race theory
He argued that critical race theory indoctrinates public school children. Ramaswamy has opposed affirmative action, and vowed to rescind the now revoked Executive Order 11246. He argued that American-style capitalism provides an antidote to India's caste system.
Abortion
Ramaswamy has generally opposed abortion and called for abortion to be left to states while opposing a national ban. He has often equated abortion to murder. In the past, he has supported state-level six-week abortion bans, with exceptions for rape, incest, and danger to the woman's life.
LGBTQ rights
Ramaswamy called the LGBTQ movement a "cult". He said through a spokesman that he believes same-sex marriage is "settled precedent" but supported broad restrictions on the rights of transgender Americans, and used anti-trans rhetoric.
Executive power
Ramaswamy pledged, if elected, to rule by executive fiat to a degree unprecedented among modern U.S. presidents. He pledged to fire 75% of federal employees; dismantle civil service protections, making federal employment at-will; and abolish at least five federal agencies, including the Education Department, FBI, ATF, IRS, Nuclear Regulatory Commission, and USDA's Food and Nutrition Service. He called the Food and Drug Administration "corrupt" and vowed to "expose and ultimately gut" the FDA. He asserted that the president has the unilateral power to abolish agencies by executive order, although executive agencies and departments are created by statute, and under the Constitution, Congress has the power of the purse. He called for an eight-year term for all government employees and pledged to revoke Executive Order 10988, an order issued by President John F. Kennedy that gives federal employees the right to collectively bargain. He proposed to repeal the federal law that requires presidents to spend all the money Congress appropriates.
Voting rights
Ramaswamy favored raising the standard voting age from 18 to 25, which would require repealing the 26th Amendment to the Constitution. This proposal would have disenfranchised a portion of the U.S. electorate; nearly 9% of voters in the 2020 general election were under 25. Ramaswamy, who is a citizen because of birthright citizenship, has repeatedly called for an end to birthright citizenship. He said he would have allowed citizens between 18 and 24 to vote only if they are enlisted in the military, work as first responders, or pass the civics test required for naturalization. He also supported making Election Day a federal holiday, while eliminating Juneteenth (which he called "useless" and "redundant") as a federal holiday.
Border control
Ramaswamy pledged to "use our military to annihilate the Mexican drug cartels". He favored federal legalization of marijuana.
Taxes
He took no public position on the 2017 Trump tax cuts. In a thought experiment he expressed support for an inheritance tax, and called for ending the Federal Reserve's dual mandate, but during his presidential campaign he expressed opposition to an inheritance tax.
Work visas
Ramaswamy has supported the reforming of the H-1B visa, a work visa program for non-US citizens, noting problems with the current lottery-based system and suggesting it should instead be based on merit.
Foreign affairs
Ramaswamy with Prime Minister Narendra Modi, February 2025
Ramaswamy said he would not have used U.S. military force against Iran. In November 2023, he condemned Azerbaijan's military operation against the Armenian population of Nagorno-Karabakh and said that the U.S. should block all its military aid to Azerbaijan.
Russia-Ukraine
Ramaswamy said he favored "some major concessions to Russia, including freezing those current lines of control in a Korean-war style armistice agreement" to end the Russo-Ukrainian War.
He favored ending U.S. military aid to Ukraine, excluding Ukraine from NATO, and allowing Russia to remain in occupied regions of Ukraine in exchange for an agreement that Russia end its alliance with China.
China-Taiwan
He expressed support for Taiwanese independence, and floated the idea of "putting a gun in every Taiwanese household" to deter an invasion by China, but said the U.S. should not militarily defend Taiwan from Chinese attack after the U.S. has achieved "semiconductor independence", which he pledged to achieve by 2028.
Israel-Palestine
Ramaswamy is pro-Israel and calls Israel "a Divine nation, charged with a Divine purpose". Ramaswamy has said Israel should feel free to oppose the two-state solution.
After Hamas's October 7, 2023, attack on Israel, Ramaswamy said that in his view, "Israel should be able to make the decisions of how it defends itself" while suggesting that the U.S. should provide a "diplomatic Iron Dome" for Israel. Regarding the U.S. aid to Israel, he said that it should be contingent upon Israel's plans for defeating Hamas and its actions in Gaza.
Climate and energy
Although he said he is not a climate denier, Ramaswamy said in a Republican primary debate that "the climate change agenda is a hoax" and asserted, falsely, that "more people are dying from climate policies than actual climate change."
At other times, he said that he accepted that burning fossil fuels causes climate change, but called global climate change "not entirely bad"; said that "people should be proud to live a high-carbon lifestyle"; and said that the U.S. should "drill, frack, burn coal".
He criticized what he calls the "climate cult" and said that as president, he would "abandon the anticarbon framework as it exists" and halt "any mandate to measure carbon dioxide".
In 2022, he urged Chevron to increase oil production and criticized its support for a carbon tax. Ramaswamy's company holds a 0.02% stake in Chevron.
Ramaswamy opposed subsidies for electric vehicles. In his arguments, Ramaswamy used incorrect statistical claims about the history of carbon dioxide in the atmosphere. His critics said that when he cited the upsides of climate change and fossil fuels, such as reduced cold-related deaths, cheap energy, and faster plant growth, he ignored larger downsides, such as increases in other weather-related disasters, deaths, and plant damage, and ignored that there are now less-polluting sources of cheap energy.
Promotion of conspiracy theories
In Republican primary debates and campaign appearances, Ramaswamy often repeated and promoted an array of right-wing conspiracy theories and falsehoods. In the days after the January 6, 2021, attack on the Capitol, he condemned the attack, but argued that social media bans on Trump violate the First Amendment. Later, while running for president, Ramaswamy repeatedly claimed that the January 6 attack "was an inside job", a claim supported by no evidence and refuted by numerous investigations.
Invoking September 11 conspiracy theories, he asked whether "federal agents were on the planes" that hit the Twin Towers during the September 11 attacks.
He has asserted that "big tech" played a role in stealing the 2020 election, referring the Hunter Biden laptop story being suppressed by the mainstream media and social networks, while also claiming that the "Great Replacement" conspiracy theory was "the Democratic Party's platform" to benefit from demographic shifts.
When asked about some of his past remarks, Ramaswamy frequently denied making the comments or claimed to have been misquoted, even when those denials were belied by recordings, transcripts, or extracts from his writing.
Personal life
Vivek Ramaswamy
Apoorva and Vivek Ramaswamy in January 2024, campaigning in Des Moines, Iowa
Ramaswamy's wife, Apoorva Ramaswamy (née Tewari), is a laryngologist and surgeon; they met at Yale, when he was studying law and she was studying medicine. They married in 2015 and have two sons and a daughter. Ramaswamy has a younger brother, Shankar, who worked for him at Axovant and later co-founded Kriya Therapeutics, a biopharmaceutical company.
Ramaswamy is a monotheistic Hindu. According to relatives, he is fluent in Tamil (Palakkad dialect) and understands (but does not speak) Malayalam. He is a vegetarian and wrote in 2020, "I believe it is wrong to kill sentient animals for culinary pleasure." According to his parents, he has tried to develop a good understanding of both Eastern and Western culture.
In 2023, Ramaswamy's campaign said his net worth was around $1 billion. In September 2026, Forbes estimated Ramaswamy's net worth to be $2.3 billion; his wealth comes from biotech and financial businesses.
During his early venture capitalist career, he lived in Manhattan. As of 2021, he owned a house in Butler County, Ohio, but in 2023, the only real estate he reported owning was a house in Columbus, Ohio, in Franklin County. A 2023 Politico profile of Ramaswamy mentions him living in a $2 million estate in the Columbus suburb of Upper Arlington.
Electoral history
2024
<table><thead><tr><th rowspan="2">Candidate</th><th rowspan="2">Votes</th><th rowspan="2">Percentage</th><th colspan="3">Actual delegate count</th></tr><tr><th>Bound</th><th>Unbound</th><th>Total</th></tr></thead><tbody><tr><th>Donald Trump</th><td>56,243</td><td>51.00%</td><td>20</td><td>0</td><td>20</td></tr><tr><th>Ron DeSantis</th><td>23,491</td><td>21.30%</td><td>9</td><td>0</td><td>9</td></tr><tr><th>Nikki Haley</th><td>21,027</td><td>19.07%</td><td>8</td><td>0</td><td>8</td></tr><tr><th>Vivek Ramaswamy</th><td>8,430</td><td>7.64%</td><td>3</td><td>0</td><td>3</td></tr><tr><th>Ryan Binkley</th><td>768</td><td>0.70%</td><td>0</td><td>0</td><td>0</td></tr><tr><th>Asa Hutchinson</th><td>188</td><td>0.17%</td><td>0</td><td>0</td><td>0</td></tr><tr><th>Other</th><td>90</td><td>0.08%</td><td>0</td><td>0</td><td>0</td></tr><tr><th>Chris Christie (withdrawn)</th><td>35</td><td>0.03%</td><td>0</td><td>0</td><td>0</td></tr><tr><th>Total:</th><th>110,272</th><th>100.00%</th><th>40</th><th>0</th><th>40</th></tr></tbody></table>
2026
<table><thead><tr><th colspan="2">Party</th><th>Candidate</th><th>Votes</th><th>%</th><th>±%</th></tr></thead><tbody><tr><td></td><td>Republican</td><th>Vivek Ramaswamy</th><td>673,902</td><td>82.5%</td><td></td></tr><tr><td></td><td>Republican</td><th>Casey Putsch</th><td>143,257</td><td>17.5%</td><td></td></tr></tbody></table>
Published works
Vivek Ramaswamy
• Woke, Inc.: Inside Corporate America's Social Justice Scam. New York: Center Street. 2021. ISBN 978-1546090786. OCLC 1237631944. • Nation of Victims: Identity Politics, the Death of Merit, and the Path Back to Excellence. New York: Center Street. 2022. ISBN 978-1546002963. OCLC 1546002960. • Capitalist Punishment: How Wall Street Is Using Your Money to Create a Country You Didn't Vote For. New York: Broadside Books. 2023. ISBN 978-0063337756. OCLC 1362864450. • Truths: The Future of America First. New York: Threshold Editions. 2024. ISBN 978-1668078433. OCLC 1453853062.