Vivek Ramaswamy

Another candidate is standing against former president Donald Trump in the race for the Republican nomination in the 2024 presidential election.

[is skewed](https://www.brookings.edu/blog/fixgov/2023/02/15/if-nikki-haley-is-the-first-of-many-to-run-trump-will-win/), especially in winner-take-all states like Florida. The author of Woke, Inc.: Inside Corporate America’s Social Justice Scam has called out ESG investments—based on [environmental, social and corporate-governance principles](https://qz.com/guide/esg/)—and even set up Strive Asset Management [last year](https://www.wsj.com/articles/upstart-money-manager-gets-billionaires-to-back-the-anti-blackrock-11652134919?mod=article_inline) with backing from billionaire investor Peter Thiel, urging companies to prioritize [”excellence over politics.”](https://www.reuters.com/world/us/anti-esg-crusader-ramaswamy-launches-us-presidential-bid-2023-02-22/) One big number: Ramaswamy’s $600 million net worth [eliminate affirmative action](https://www.youtube.com/watch?v=7p4pLzTQGJA) across the American economy, including rescinding Lyndon B. While the presidential candidate didn’t confirm his net worth to WSJ, he didn’t dispute the estimates either. [a political outsider](https://www.wsj.com/articles/why-im-running-for-president-c4a8ea7),” in his own words. Equipped with a biology degree from Harvard University and a law degree from Yale University, Ramaswamy in 2014 founded [Roivant Sciences](https://www.wsj.com/market-data/quotes/ROIV), a healthcare company that applies tech in drug development. This becomes more likely should rumored contenders like DeSantis, former vice president Mike Pence, and former secretary of state Mike Pompeo enter the race in the coming months. That is the dream that still gives hope to the world. “As Elon Musk did at Twitter, I will release the ‘state action files’ from the federal government—publicly exposing every known instance in which bureaucrats have wrongfully pressured companies to take constitutionally prohibited actions,” That is the dream that won the American Revolution; that reunited us after the Civil War, that won us two World Wars & the Cold War. [Ramaswamy wrote](https://www.wsj.com/articles/why-im-running-for-president-c4a8ea7). Watch: Vivek Ramaswamy’s presidential run 2024 announcement Vivek Ramaswamy on America’s national identity crisis

Not content with his ever-expanding 'vant' empire, Roivant founder Vivek Ramaswamy has set his sights on a more ambitious goal: the White House.

A number of G.O.P. lawmakers have taken money from the companies they vilified, but some of the party's presidential hopefuls are still on the attack.

(The Verge) (Insider) (NYT) (Axios) (FT) [More office landlords are defaulting](https://www.wsj.com/articles/office-landlord-defaults-are-escalating-as-lenders-brace-for-more-distress-894938c0)on their debts, thanks to the rise of remote working. (Bloomberg) (Puck) [signed deals to give access to “Call of Duty”](https://www.wsj.com/articles/microsoft-signs-call-of-duty-pact-with-nintendo-as-activision-deal-faces-scrutiny-77f47443) and other games to rival gaming companies, including Nintendo and Nvidia. [Markets in Europe and Asia](https://www.ft.com/content/a03cc685-63be-4c62-8dd6-0c63321d31db) followed Wall Street’s big tumble yesterday as investors grew concerned that strong economic data in the U.S. has already sued to block the deal.) Ensign Peak used a web of shell companies to hide its portfolio, an arrangement approved by the church, according to the S.E.C. It isn’t “feasible or realistic to think that one game or one slice of this company can be carved out and separated from the rest,”

A month before announcing his candidacy for President of the United States, Vivek Ramaswamy addressed more than 1200 farmers and land investors at the 2023 ...

“You get ahead in this country, not on the color of your skin, but on the content of your character and your contributions,” he said, crediting Martin Luther King and calling for a revival of “colorblind excellence in America.” What is the best measure of the health of any democratic society? If you tell people they cannot scream, that is when they tear things down,” he says. I cannot remember a time in my life when there was a greater gap between what people were willing to say in private and what people are willing to say in public.” He added, forums such as Land Expo, which attracted more than 1,200 farmland owners, financial leaders, and policymakers, play an important role in closing the gap between the two. to use our advanced technology to make sure the Chinese public has access to the free and open internet Americans enjoy. Ramaswamy shifted, “not all solutions need to be found in politics, which is where most people look,” he said. Ramaswamy added he sees an opportunity for the U.S. Fire the managerial industrial complex around them.” Ramaswamy said. Ramaswamy called this a “cultural cancer” that threatens to kill the dream Martin Luther King had 60 years ago. However, market solutions alone will not spawn the national revival Ramaswamy believes is necessary. “If you’re the Chinese Communist Party (CCP), you will build a great Chinese wall that stops you from entering the Chinese market if you criticize the CCP or apply an emissions cap over there. By leveraging this, China has used access to their markets and our money to get us to be more like them, Ramaswamy said.

The former CEO of biotech company Roivant has done a 180-degree turn on Chinese business opportunities leading up to his presidential run.

He’s pledged in his campaign to take on what he calls “secular religions” like “climatism,” “gender ideology” and “Covidism,” which he [defines](https://www.nytimes.com/2023/02/21/us/politics/vivek-ramaswamy-presidential-candidate-2024.html) as a “stop-it-at-all-costs” mentality against the pandemic. Per a recent SEC [filing](https://investor.roivant.com/node/8656/html), it “will likely incur significant operating losses for the foreseeable future.” [called](https://twitter.com/VivekGRamaswamy/status/1625202231002730502) for the U.S. “Since Day 1 Strive has committed to not doing business in China because we cannot be good fiduciaries to both American and Chinese clients,” a [fact sheet](https://www.strivefunds.com/stxe/factsheet) about the fund states. An SEC filing from earlier this month shows that Roivant “ [exited](https://investor.roivant.com/static-files/d6b27ea9-6013-497f-8c14-e6275e7d9df9) its operations” from Cytovant Sciences HK Limited (“Cytovant”) in July 2022, although does not reference the Chinese-domiciled Cytovant companies listed in earlier filings. [$350 million](https://www.nytimes.com/2015/06/12/business/dealbook/shares-of-axovant-alzheimers-drug-developer-surge-on-trading-debut.html) initial public offering in 2015 on the basis of rights to an Alzheimer’s treatment he had purchased from GlaxoSmithKline for $5 million. Two years later late-stage clinical trials for the drug, called intepirdine, [flopped](https://www.statnews.com/2017/09/26/axovant-intepirdine-trial/). The Cytovant website, accessed through the Wayback Machine, says the company focused “on development programs that have the potential to transform the treatment of diseases highly prevalent in Asian patients.” Cytovant was launched in 2019 [out of](https://www.fiercebiotech.com/biotech/ramaswamy-s-latest-vant-debuts-medigene-tcr-partnership) another subsidiary called Sinovant, [unveiled](https://endpts.com/vivek-ramaswamy-strikes-again-this-time-launching-a-beijing-based-biotech-player-with-a-pipeline/) the year before with backing from both Roivant and CITICPE, the private equity arm of a state-owned Chinese investment firm. Just this week he [sold off](https://www.sec.gov/Archives/edgar/data/1635075/000114036123008049/xslF345X03/form4.xml) 4 million Roivant shares for $7.95 each, netting a cool $31.2 million. [founded](https://investor.roivant.com/news-releases/news-release-details/roivant-sciences-announces-change-its-board-directors#:~:text=BASEL%2C%20Switzerland%20and%20LONDON%20and,on%20his%20U.S.%20presidential%20campaign.) the biotech company Roivant in 2014 and served as its CEO until January 2021. In a Wall Street Journal [op-ed](https://www.wsj.com/articles/why-im-running-for-president-c4a8ea7) explaining his candidacy, he called the country “the greatest external threat to America” and argued “we must even be willing to bar U.S. He continued on as the chairman of Roivant’s board until [stepping down](https://investor.roivant.com/node/8711/html) on Monday “to imminently pursue an outside opportunity,” i.e.