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International Business Times UK

Politics

Akshay Puri

Vivek Ramaswamy Sold an Estimated $1.2B in Stock, Now Could Become the Third-Richest US Elected Official

Vivek Ramaswamy Roivant United States Ohio Amy Acton Roivant Sciences

Much of Ramaswamy's wealth comes from Roivant Sciences, a biotech firm he founded in 2014, now valued at around $29B. (Credit: Gage Skidmore from Surprise, AZ, United States of America, CC BY-SA 2.0 , via Wikimedia Commons)

Vivek Ramaswamy has sold an estimated $1.2 billion worth of Roivant Sciences stock over the past year, yet his fortune has grown by roughly $500 million. Forbes now estimates the Republican candidate for Ohio governor is worth $2.3 billion, up from $1.8 billion a year ago and about $1 billion in March 2025.

The rise highlights how sharply Roivant's stock has increased even as Ramaswamy has reduced his ownership of the drug-development company he founded. If he wins Ohio's governor's race on 3 November, his estimated fortune would make him the third-richest elected official in the US, behind President Donald Trump and Illinois Governor J.B. Pritzker based on the same estimates.

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