VR made his money from investors by shilling. None of them made any money & he is a multimillionaire. His companies are millions in the red every year.
Haha if it was that easy to fool people into parting with millions, why you are unable to do same and become multi-millionaire? FR could use some muti-Millionaires donating generously.
Ramaswamy has more problems with what has been missed on this thread. After reading Vivek Ramaswamy fraudulent business practices, I wouldn’t touch him with a ten-foot pole. Those who believe in him have been sucked in by his slick talk.
Vivek Ramaswamy built his vast fortune through a deceptive biotechnology company. it reveals his deceptive nature that tells me he is willing to say anything to get what he wants.
He claimed to be a Harvard-trained “scientist” in the field of biotechnology. He actually received only a BA in Biology and, in 2013, he earned a J.D. from Yale Law School paid for from a $50,000 George Soros scholarship.
He incorporated his company, Roivant Sciences, in Bermuda, a well-known tax haven, to minimize tax payments once he made his riches.
He acquired a failed pharmaceutical drug as a cure for Alzheimer’s, previously abandoned by GlaxoSmithKline (GSK) after four unsuccessful clinical trials, and deceptively rebranded it as RVT-101. With no intention of conducting new trials, Ramaswamy used his mother, a physician, to reinterpret old studies, attempting to create an illusion of success for the drug. Investors who had placed their faith and money into the drug lost billions as the stock price crashed by over 99%. Meanwhile, Ramaswamy sold off a portion of his Roivant shares to Viking Global Investors, an institutional investor that wanted in. This slick move earned him a massive payday of over $37 million in capital gains.
To cover up Roivant Sciences’ failure and potentially obscure their questionable past, the company underwent a name change; becoming Axovant Gene Therapies—now known as Sio Gene Therapies. By adopting a new name, Ramaswamy and his team aimed to complicate and obfuscate their past, making it harder for people to connect the dots and uncover the truth behind their failed ventures.
Ramaswamy's ability to say what he is not is not the type of politician we want.