Vivek Ramaswamy Net Worth (From Strive Asset Management)
Strive Asset Management was founded by Vivek Ramaswamy in 2022 after he published his best-selling book “Woke, Inc.” and resigned as CEO of Roivant. After starting his campaign, he left his role as executive chairman of Strive, which offers exchange-traded funds to investors.
Ramaswamy is still the largest shareholder of Strive with $150 million at stake. This estimate comes from the company’s last financing round in November 2022, when investors like Bill Ackman and Peter Thiel valued Strive at about $300 million.
During Ramaswamy’s campaign, Strive more than doubled its assets under management, rising from over $500 million in early 2023 to over $1.1 billion as of this week. Most of this increase happened in the spring and summer of last year. Two weeks after the first Republican debate in September, Strive received $1 billion in assets from investors.
In public tax filings, Ramaswamy revealed he has over $240 million in cash and personal assets. He made $39 million (pre-tax) in 2015 after selling part of his Roivant shares and $176 million in 2020 when Japanese company Sumitomo Dainippon bought five of Roivant’s drugs and a 10% stake in Roivant for $3 billion.
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Vivek Ramaswamy Net Worth 2024 (Business and Investments)
Vivek Ramaswamy net worth is estimated to be more than $950 million. He is an American entrepreneur, author, and political activist, born on August 9, 1985, in Cincinnati, Ohio to Indian immigrant parents.
Vivek Ramaswamy graduated from Harvard University with a degree in biology and later earned a J.D. from Yale Law School. Ramaswamy founded Roivant Sciences in 2014, a biopharmaceutical company known for its innovative drug development strategies. He gained widespread attention with his book “Woke, Inc.: Inside Corporate America’s Social Justice Scam,” which critiques the influence of woke culture in corporate America.
In 2023, he announced his candidacy for the 2024 U.S. presidential election as a Republican, focusing on economic growth, free speech, and reducing government intervention in businesses.
Vivek Ramaswamy, an Indian-American businessman, saw his fortune increase by more than $100 million during his campaign for the Republican nomination in Iowa. Biotech entrepreneur Vivek Ramaswamy, who supported ex-US President Donald Trump after dropping out of the White House race and finishing fourth in the Iowa caucuses on Monday, spent millions on his campaign. Despite this, he is now richer than he was eleven months ago when he started his run for the Republican presidential nomination, according to a Forbes report.
In this article, we are going to discuss the Vivek Ramaswamy net worth, his earnings from Roivant Sciences, Strive Asset Management and shared stakes in BuzzFeed.
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