Meet Vivek Ramaswamy One of the Richest Republican presidential candidate. Do you want to Know his Net Worth? It will blow your mind. Vivek Ramaswamy is among 20 youngest US billionaires is known for his work in founding and leading multiple healthcare and biotechnology companies. One of his notable ventures is Roivant Sciences, which he founded in 2014.
Roivant Sciences is a biopharmaceutical company focused on identifying and developing promising drug candidates across various therapeutic areas. The company operates as a “biotech holding company,” creating subsidiary companies to develop specific drug candidates. Roivant has been involved in areas such as neurology, urology, dermatology, and more.
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Vivek Ramaswamy gained attention for his unique approach to drug development and his ability to secure significant investments for his ventures. He has been involved in raising substantial amounts of capital to fund research and development efforts.
Vivek Ramaswamy Net Worth
According to Forbes his net worth is Approx $950 Million.
| Aspect | Information |
|---|---|
| Estimated Net Worth 2023 | Approximately $950 million |
| Date of Birth | August 9, 1985 |
| Age | 36 years old |
| Height | 1.71m or 5 ft 6 inches |
| Major Income Sources | Biotech & Asset Management |
| Political Involvement | Republican Candidate |
Vivek Ramaswamy’s Early Life
Born on August 9, 1985, in Cincinnati, Vivek Ramaswamy’s family roots trace back to Vadakkencherry, Palakkad, Kerala. His parents, Geeta Ramaswamy, a geriatric doctor, and Vivek Ganapathy, a General Electric engineer, made the significant move to the United States. Ramaswamy graduated from Jesuit St. Xavier High School, where he not only completed his education but also emerged victorious in a national tennis championship.
His academic journey continued to flourish as he achieved Phi Beta Kappa status and earned a Bachelor of Arts degree in biology from Harvard College in 2007, graduating summa cum laude. Notably, his undergraduate thesis on “the ethical implications arising from the creation of hybrid beings combining human and animal elements” earned him the prestigious Bowdoin Prize for Natural Sciences, as recognized by both “The Boston Globe” and “The New York Times.”
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In 2011, Vivek Ramaswamy was granted the opportunity to further his education at Yale Law School, supported by the Paul and Daisy Soros New American Fellowship. He successfully completed his legal studies, graduating in 2013 from Yale Law School.
Born to Indian immigrants—his father being an engineer and patent attorney, and his mother a psychiatrist—Ramaswamy achieved early business success. Back in 2007, during his senior year studying biology at Harvard, he co-established StudentBusinesses.com. This online platform was designed for student entrepreneurs to present their ideas to professional investors. Expressing his vision, Ramaswamy stated in a May 2008 interview with the Boston Business Journal that he aimed to make it the premier global platform for student innovators. In 2009, a private charity acquired the company for an undisclosed amount, resulting in Forbes estimating that Ramaswamy garnered just under $1 million from the transaction.
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In his twenties, Ramaswamy dedicated his efforts to investing in pharmaceutical firms within the hedge fund QVT Financial, achieving partnership status by the age of 28. However, in 2014, he departed from QVT to establish Roivant Sciences. This biotechnology company specializes in acquiring promising drug candidates that larger pharmaceutical corporations have discarded and then focuses on advancing their development. The lion’s share of Ramaswamy’s wealth emanates from his 8% ownership in Roivant Sciences, a publicly traded entity with a market capitalization of $6.6 billion.