9 months ago
Vivek Ramaswamy's Wealth Doubles to $1.8B
Vivek Ramaswamy, a businessman and politician, has seen his wealth grow a lot in a short time.
He is now worth $1.8 billion, which is double what he was worth just nine months ago.
This increase isn't from his political work but from a company he started called Roivant Sciences.
This company makes medicines and recently got a lot of money from investors, making it worth more.
Vivek owns a part of this company, which is why his wealth has grown so much.
He ran for president in 2024 but didn't win and then supported Donald Trump.
He is also trying to become the governor of Ohio.
Vivek Ramaswamy's net worth has doubled to $1.8 billion in nine months.
The increase is due to the valuation of his pharmaceutical company, Roivant Sciences.
Roivant Sciences raised $75 million in Series D funding, valuing the company at $1.5 billion.
Ramaswamy owns a 6.7% stake in Roivant Sciences, worth about $100 million.
Ramaswamy ran for US president in 2024 but withdrew and supported Donald Trump; he is now running for Ohio governor.
- Who
- Vivek Ramaswamy, Indian-origin entrepreneur and political figure
- What
- His net worth has doubled to $1.8 billion
- Where
- United States
- When
- Within nine months, as of the latest reports
- Why
- Due to the increased valuation of his pharmaceutical company, Roivant Sciences
Key facts
- Name
- Vivek Ramaswamy
- Current Net Worth
- Previous Net Worth (March 2024)
- Source of Wealth
- Roivant Sciences (pharmaceutical company)
- Company Valuation
- Ramaswamy's Stake
- 6.7%
- Company Funding
Quotes
Spokesperson from Ramaswamy's team
A representative of Vivek Ramaswamy's team
“The Forbes numbers are broadly correct.”
wionews.com
