Vivek Ramaswamy Photo: Gage Skidmore, CC BY-SA 4.0

Vivek profits.Ohio pays.

Vivek Ramaswamy got richer. Ohio is getting the bill.

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Vivek sold a failed Alzheimer’s drug to investors and walked away with millions.

$260,000,000Vivek’s estimated take from Roivant, the company behind the drug. [1]

70%How far the stock fell in one day when the drug failed its final trial. Investors ate it. Vivek had already cashed out. [2]

Ohio pays

236,200 Ohioans live with Alzheimer’s. They were the market. [3]

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Vivek called the data center boom “a good thing” ten times on tape. Your electric bill is paying for it.

+17%The jump in the average Ohio summer electric bill this year. [5]

$1.6 billionOhio’s tax break for data centers in 2025 alone, eleven times what the state was told it would cost. [4]

Vivek Ramaswamy speaking at a podium

“AI data center or Bitcoin mining firm or whatever — all of which I want in the state, by the way.”

Ramaswamy, March 2025 [8]

March 27, 2025

“We’re seeing an AI data center boom (which is good)…” [6]

September 4, 2026, asked what his “free electricity” plan covers

“You’ll pay for electricity.” [7]

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Asked if Medicare and Medicaid were mistakes, Vivek said: “I believe they were.”

3,000,000Ohioans on Medicaid. Another 2.5 million on Medicare. [9]

11Rural Ohio hospitals at risk of closing under the Medicaid cuts. [10]

“I believe they were. With the benefit of retrospect, particularly Medicaid.”

Ramaswamy, asked “Were Medicare and Medicaid mistakes?” The Ezra Klein Show, October 2024 [13]

You payOhio

One in four Ohioans relies on Medicaid. [11] Nearly half of Ohio counties have no hospital that delivers babies. [12]

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Vivek’s campaign spent $782,150 on private jets in one year. He spent $560,000 on a company at his own address.

79 of 201Days of 2026 Vivek spent outside Ohio, according to flight records. [14]

$560,000Paid by Vivek’s campaign to V Leasing LLC. Its address is a house Vivek owns. [15]

Crowd at the US Open with Vivek Ramaswamy circled in the stands
The US Open, September 4, 2026. Four days earlier he told a Las Vegas audience he was “making a rare exception to leave my state.” [17]
You payOhio

Vivek’s 2025 jet bill equals 11.5 years of a typical Ohio household’s income. [16]

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Vivek’s company moved its headquarters from Columbus to Dallas. 115 days later Vivek announced he was running to lead Ohio.

$1.7 billionIn assets the company took with it. Most of its Columbus staff went too. Vivek still owns about a tenth of it. [18] [20]

Vivek Ramaswamy in a white cowboy hat and Texas-flag jacket speaking into a microphone
Ramaswamy campaigning in Texas, 2024. [21]

“He quit on Ohio and moved his company to Texas.”

Dave Yost, Republican Attorney General of Ohio, February 24, 2025 [19]

“Ohio’s a good state, I just can’t say it’s the best state.”

Ramaswamy, Hillsdale College, 2023 [22]

Ohio pays

An empty office in Columbus. [18]

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Alzheimer’s patients. Your electric bill. Rural hospitals. Columbus jobs. Vivek has profited from all of it.

And it isn’t just Democrats saying so.

TiffinOhio.netJul 20, 2026 “‘He quit on President Trump and DOGE on day one’: Yost’s attack line is still following Ramaswamy in the governor’s race” Read the story → (opens in new tab) Read the facts ↓
Pharma scamData center dollars“Medicaid was a mistake”Private jetMoved to Texas

Vivek Ramaswamy

For himself. Not Ohio.
Vivek Ramaswamy
Photo: Gage Skidmore, CC BY-SA 4.0

“Ohio is open for business. But we are not for sale.”

Dr. Amy Acton, candidate for Governor

See Amy’s plan to lower costs →

Read the facts

  1. Oligarch Watch, Aug 12, 2026: Axovant bought the drug from GSK for $5 million, hired Geetha Ramaswamy, the $1.1 billion SoftBank deal weeks before the trial failed, $260 million estimate via Forbes.
  2. STAT, Sept 26, 2017: intepirdine failed its Phase 3 trial; shares fell about 70% in a day.
  3. Alzheimer's Association, 2026 Ohio Facts & Figures: 236,200 Ohioans 65 and older living with Alzheimer's; 490,000 caregivers.
  4. Signal Ohio, May 21, 2026: $1.6 billion sales-tax exemption in 2025 against a $136 million estimate.
  5. Ohio Capital Journal, Aug 12, 2026: average Ohio summer 2026 residential bill about $800, up 17% (Third Way).
  6. @VivekGRamaswamy, Mar 27, 2025: "AI data center boom (which is good)."
  7. Statehouse News Bureau, Sept 4, 2026: residents would still pay transmission and distribution.
  8. TiffinOhio.net, May 22, 2026: Jefferson County Lincoln Day Dinner remarks.
  9. Ohio Democratic Party, Jul 30, 2026: about 3 million Ohioans on Medicaid, 2.5 million on Medicare.
  10. Spectrum News, Jul 17, 2025: 11 rural Ohio hospitals at risk.
  11. Statehouse News Bureau, Jun 30, 2025: one in four Ohioans rely on Medicaid, including 1.3 million children.
  12. Dr. Amy Acton, Aug 22, 2026: nearly half of Ohio counties lack a hospital with labor and delivery.
  13. WVXU, Jan 22, 2026: the full Ezra Klein exchange and his campaign's response.
  14. The Rooster, Jul 20, 2026: 79 of the first 201 days of 2026 outside Ohio, from FAA flight records.
  15. Heartland Signal via Ohio Democratic Party, Feb 13, 2026: $782,150 in 2025, 10.97% of spending. Ohio Capital Journal, Aug 21, 2026: nearly $560,000 to V Leasing LLC, whose address is a house he owns.
  16. Ohio Housing Finance Agency, 2023: Ohio median household income $67,873.
  17. Acton for Governor, Sept 4, 2026: the "rare exception" clip and the US Open photo.
  18. Dallas Innovates, Nov 1, 2024: the move, $1.7 billion in assets, most Columbus staff relocating; his quote in the announcement.
  19. TiffinOhio.net, Jul 20, 2026: Nov 1, 2024 move; Feb 24, 2025 launch; the Yost statement.
  20. TiffinOhio.net (American Prospect / CMD): about 114 million Strive shares, roughly 10%, as of January 2026.
  21. Dr. Amy Acton, Aug 30, 2025: the photo, from his 2024 presidential campaign.
  22. HuffPost, May 1, 2026: Hillsdale College remarks.

Photos of Ramaswamy at the top and bottom: Gage Skidmore via Wikimedia Commons, CC BY-SA 4.0 (AmericaFest 2025) and CC BY-SA 4.0 (Turning Point campus tour, October 2025), converted to black and white.