And he’s been racking up the frequent-flier miles: According to our data tracking candidate visits to early states, as of July 7, he had spent 17 days campaigning in Iowa and 14 in New Hampshire - more than any other major candidate. His campaign tells FiveThirtyEight it has about 40 people on staff, including veterans of former President Donald Trump’s presidential campaigns. (Most candidates in the GOP primary jumped in after March 31, so we don’t know how they stack up, but we’ll have a more accurate tally by July 15, when second-quarter fundraising reports are due.)Īnd he’s investing that money in the things necessary for a successful campaign. Ambassador Nikki Haley had raised in total up to that point. As of March 31, he had loaned $10.25 million to his own campaign - twice as much as former U.N. The best-funded candidates don’t always win, but you do need a credible amount of money to be a serious presidential candidate, and Ramaswamy’s wealth has given him that. Earlier this year, Forbes estimated his net worth as at least $630 million. His career as an entrepreneur has made him a wealthy man. Ramaswamy has founded two successful companies: Roivant Sciences, a biopharmaceutical company focused on drug development, and Strive Asset Management. Sometimes, the simplest explanations are the best ones.
There are literally hundreds of people without political experience running for president, so how has Ramaswamy managed to capture so much public attention while the others still languish in obscurity? We think there are at least three reasons. The Ohio businessman and first-time candidate has managed to poll higher than three current or former governors and receive about as much Google search interest as a former vice president and a former U.N. But you wouldn’t guess at his lack of political experience from how he’s performing (at least so far). Ten of them have previously held or currently hold major elected office (president, senator, governor, representative, mayor) - and then there’s Vivek Ramaswamy. According to FiveThirtyEight’s definition, there are currently 11 major Republican candidates for president.
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