Indian-ethnicity businessman and US politician Vivek Ramaswamy’s net worth jumped 80% to $1.8bn in 9 months — here’s how
According to Forbes, billionaire Vivek Ramaswamy’s net worth increased by over 80% to $1.8 billion as of November 2025.
This happened even as Vivek Ramaswamy withdrew from the race for President of the United States in late 2024, suspended the world’s richest man Elon Musk from the Department of Government Efficiency (DOGE) in January 2025, and then began his campaign for Governor of Ohio in February 2025, the report noted.
Announcing his campaign for governor, Vivek Ramaswamy told an audience in Cincinnati that the United States was now “on the threshold of a new golden age” that would make Ohio “the best state in the country for capitalism and meritocracy.”
How did Vivek Ramaswamy’s fortune progress?
According to the Forbes report, this year has been good for Vivek Ramaswamy, adding that his net worth increased by 80 percent from close to $1 billion in March 2025 to around $1.80 billion in November 2025, which is less than a year. A spokesperson for the Republican politician told Forbes that his numbers were “generally accurate.”
It was stated that a large part of this jump was due to Vivek Ramaswamy’s stake in the pharmaceutical company Roivant Sciences, which produces and sells experimental drugs that have been “abandoned by the pharmaceutical industry leaders and exposed their value.”
It is noteworthy that Vivek Ramaswamy is still among Roivant’s largest shareholders, despite leaving his position as a director at the company in February 2023, ahead of his US presidential candidacy. According to a Washington Post report, it owns a 7.17% stake in the company.
However, before stepping down as Chairman (he assumes the role in 2021), the company sold five of its subsidiaries to Japanese holding company Sumitomo in 2019 for $3 billion. According to a Forbes report, Vivek Ramaswamy (then CEO) declared capital gains of $170 million for 2020.
Later in 2021, the company went public via SPAC, and in October 2023, Roivant sold another subsidiary to Swiss pharmaceutical giant Roche for $7.1 billion. The sale increased its stock by 34% by the end of the year. That same year, news of positive trials for brepocitinib, a drug targeting the autoimmune disease dermatomyositis that causes muscle weakness and skin lesions, also contributed to the stock’s gains.
The report stated that the upward moves gave Ramaswamy a billion-dollar fortune, largely due to his 49 million shares in Roivant.
According to a spokesman for Vivek Ramaswamy, he also owns a stake in Chapter, a company that helps senior citizens navigate Medicare. The company was valued at $1.5 billion in 2020, and sources told Forbes that the billionaire’s 6.7% stake is worth about $100 million.
Vivek Ramaswamy’s campaign for Ohio governor continues
The report stated that the Republican campaign for governor of Ohio was also successful in raising funds. By July 2025, Vivek Ramaswamy had raised $9.7 million, according to filings with the Ohio secretary of state. He added that his own contribution to the campaign was a very small fraction of $2,00,000.
The funding puts her millions ahead of rival and Democratic candidate Amy Acton, who has raised $1.4 million. Notably, he is a doctor who heads the state’s health department.
