Vivek Ramaswamy's net worth nearly doubles in 9 months amid H-1B, anti-Hindu hate: 'He bounces back quickly'
Indian-origin billionaire Vivek Ramaswamy's net worth jumped astronomically in the past nine months since he announced his bid in the Ohio Governor election 2026 -- despite the relentless online slandering and Hindu hate that he faces. Even MAGA turned against him after he called for introspection in teh Republican Party following socialist Zohran Mamdani's win in the New York mayoral election. As MAGA wanted a replacement for Ramaswamy, President Donald Trump had to pitch in and endorse him again as the GOP candidate for the Ohio Governor election.
Latest Forbes figures reveal that none of this impacts the billionaire's net worth while he's going to be a father for the third time soon. Revealing his current net worth, Forbes called Ramaswamy a man who bounces back quickly -- as Ramaswamy bounced back from his lost bid for 2024 presidential election and then his DOGE stint. He is also known as an H-1B supporter as he criticized American culture, education system earlier and defended why US companies hire STEM workers from foreign countries.
"In March, Forbes estimated his net worth at just about $1 billion, barely making our World Billionaires List. Today, he’s worth about $1.8 billion, an 80% increase in just nine months all while running for office," the report said.
The source of the major gain, as identified by the report, is his old pharma company, Roivant Sciences, the company he founded in 2014. A subsidiary of Roivant this year announced positive results in a Phase 3 trial for an autoimmune disease drug and that's what is still making Ramaswamy richer by the day. Ramaswamy’s stake in the company, roughly 49 million shares, is now worth $1 billion on its own.
A spokesperson confirmed to Forbes that the numbers are "broadly correct". He pointed out another source of Ramaswamy's wealth: Chapter, a startup that he co-founded in 2020.
Ramaswamy's wealth grows even after he poured $26 million of his own money into his presidential bid which he withdrew later. In his campaign for governor bid, Ramaswamy has only loaned his campaign about $200,000, a small fraction of his fortune. Through the end of July, his campaign raised $9.7 million.
From $1 billion to $1.8 billion in 9 months
"In March, Forbes estimated his net worth at just about $1 billion, barely making our World Billionaires List. Today, he’s worth about $1.8 billion, an 80% increase in just nine months all while running for office," the report said.
The source of the major gain, as identified by the report, is his old pharma company, Roivant Sciences, the company he founded in 2014. A subsidiary of Roivant this year announced positive results in a Phase 3 trial for an autoimmune disease drug and that's what is still making Ramaswamy richer by the day. Ramaswamy’s stake in the company, roughly 49 million shares, is now worth $1 billion on its own.
A spokesperson confirmed to Forbes that the numbers are "broadly correct". He pointed out another source of Ramaswamy's wealth: Chapter, a startup that he co-founded in 2020.
Top Comment
N
Nrinatter Dotcom
1 day ago
Data contain facts. Facts expose truth. Truth hurts. Very often, truth is unpleasant. H1-B visa has done immense harm to both India and the US. Local native talent in the US got overlooked in preference for India's cheaper, dollar-chasing human robots -- IT idiots, coding coolies, software slaves, terrible techies -- eventually creating anti-immigrant sentiment and racial tensions. With the West, esp the US, emerging as the natural progression for Indian tech labor, IT development in India got mired in low-grade coding and low-value back-end programming. At the same time, over decades, China stole a march over India. Result is, China today is innovation and tech king, including in software and software products. India could not develop a single world-beating software product or hardware in the last 50 years. India's IT behemoths (glorified sweat-shops, bodyshopping experts) made hay from the blood and sweat of their millions of coding coolies while the sun shone on IT, and are now pivoting toward AI data centers. Truth. Shame. Get the complete lowdown on India's coding coolies, idiotic IT industry and the egregious ecosystem -- flawed, loaded, entrenched, self-perpetuating -- on our site (display name above is the link). FREE. Ad-free. Mind-stimulating. Intellect-sharpening. "Bandwidth Badhaao" is our motto. Helps broaden your intellectual bandwidth. nrinatter dotcom.Read allPost comment
Popular from World
- Hong Kong: 44 dead as fire engulfs high-rise buildings; over 250 people still unaccounted for
- Hong Kong fire: Death toll rises to 44, three arrested on manslaughter charges; top developments
- 'One district in India got 220,000 H-1B visas': US economist explains 'fraud', says only 12% comes from China
- Saudi Crown Prince Mohammed bin Salman – Net worth and lavish lifestyle
- Where is Imran Khan? Former Pak PM's health rumours take over social media; sisters demand probe into assault outside Adiala jail
end of article
Trending Stories
- Deepti Chaurasia, daughter-in-law of prominent pan masala group owner, dies by suicide in Delhi
- 'Need real oxygen of friends and family': Sweden NRI says loneliness abroad worse than AQI back home; claims every place has a cost
- CGPSC releases recruitment notice for Labour Officer and other posts: Check details here
- Who was Gentildonna? Japan Cup 2012 racehorse hero passes away at 16 as tributes pour in from racing world
- Explained: How new labour laws could hit your take-home salary, increase your provident fund & gratuity contributions
- Atmanirbhar Bharat boost for rare earths! Cabinet clears Rs 7,200 crore scheme for manufacturing rare earth permanent magnets - why it’s important
- Russian oil trade: Discounts soften impact of losing sanctioned barrels; Indian refiners ramp up non-sanctioned crude
Featured in world
- Last criminal case against Trump dismissed; name cleared in 2020 US elections interference case
- UK PM Keir Starmer does the ‘6-7’ meme, gets schooled by teacher
- Candace Owens puts her show off air after she claims Emmanuel Macron tried to harm her and was tied to Charlie Kirk’s death
- Who is the Burnt Peanut? The 3D peanut avatar behind Twitch’s 2025 breakout success
- 'Third world parenting imposed on American kids': Nikki Haley's son attacks Vivek Ramaswamy over education reforms, calls him 'creep'
- “I’d rather be a rich socialist than a broke boy defending capitalism”: Hasan Piker fires back at critics
Photostories
- Mahesh Babu proves effortless charm as a timeless superstar commanding hearts on screen and ruling box office success
- This Indian rice dish is among the 50 Best Rice Dishes in the world
- Bollywood actors who turned Hollywood roles into global stardom
- Dipika Kakar gets emotional after visiting Ajmer Sharif Dargah with Shoaib Ibrahim and son; says 'Jab Ruhaan NICU mein tha tab maine mannat maangi thi'
- Harvard trained Gastroenterologist lists 6 best seeds for different health problems
- Thanksgiving 2025: 10 décor ideas you won't cost you anything
- 5 kings with the longest reigns in history, and how they are shining examples of a lasting legacy
- This drink can help burn cholesterol naturally and effectively; recipe inside
- ‘Mass Jathara’ to 'The Pet Detective': South movies to stream on OTT this weekend
- 5 Ayurvedic mistakes to avoid and 8 comforting vegetarian soups for winter
Videos
05:04 Hong Kong Inferno: Terrifying Visuals As Fires Sweep 7 High-Rise Towers; 36 Killed, 100s Trapped03:36 'Migrants Are Welcome...': Trump Shifts From Crackdown To Openness, Angering His Base | Watch07:18 'Push To Sabotage...': Russia's Shocking Warning Over Ukraine War Talks, Cautions Trump | Watch07:19 'Ukraine Not A Pawn': After Steve Witkoff's Leaked 'Maximum To Russia' Call, Merz Roars At Putin05:33 Europe's Shocking Pitch Amid US-led Ukraine Peace Talks, Makes 'Anti-Russia' Declaration03:40 Russia Devastates Ukrainian Army, Cities; Reveals Next Battlefield Target | Details04:50 Trump Delivers Humour And Light Banter As Annual White House Turkey Pardon Takes Playful Turn06:31 Putin Strikes A Chord And the Ukraine Chessboard Shifts; Viral Komuz Moment In Kyrgyzstan13:53 Chaos In UK Parliament As PM Starmer Defends ‘Worst-Ever’ Budget
Up Next