As a result of his lackluster performance in the Iowa GOP caucuses, biotechnology company founder Vivek Ramaswamy, who extensively funded his Republican presidential campaign with personal funds, withdrew his candidacy on Monday.
After failing to position himself as a viable successor to former President Donald Trump, Ramaswamy decided to endorse Trump as he withdrew from the election.
While selling himself as an outsider and skeptic of the government, the 38-year-old son of Indian immigrants campaigned with a strong disdain for identity politics and focused heavily on his opposition to corporate efforts to advance political, social, and environmental causes.
Following his graduation from Yale University with a law degree and Harvard University with a biology degree, Ramaswamy amassed a fortune as a hedge fund investor by purchasing undervalued pharmaceutical equities that subsequently skyrocketed. Roivant Sciences, a biotechnology startup presently valued at $9 billion, was established by him with the objective of propelling the development of medicines that were put aside by major pharmaceutical companies.
Former South Carolina Governor Nikki Haley, referred to him as “scum” during the third debate, when he claimed that her daughter had utilized TikTok during a discussion regarding the prohibition of the wildly popular Chinese application.
With just under 8% of the vote, Ramaswamy finished in fourth place, more than 40% behind Trump, the resounding victor in Iowa with approximately 51% of the vote.
[READ MORE: Don Lemon Received ‘Pile of Money’ From Elon Musk ‘Upfront’ to Launch New Show on X]
