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Vivek Ramaswamy: The Indian-American CEO who wants to be US president

gyalchi · 3 min read

BBC News:

Two of the three Republicans who have announced plans so far to enter the US presidential race are Indian-Americans. While Nikki Haley is a familiar name, surprise candidate Vivek Ramaswamy is much less well known. California-based journalist Savita Patel assesses his chances and whether he could bring change.

Mr Ramaswamy, a multimillionaire entrepreneur and author of the book Woke, Inc., announced his presidential bid on 21 February with an appearance on a Fox News show and a video laying out his political views. He wants to launch a “cultural movement to create a new American dream” based on the “pursuit of excellence” – and he says “diversity is meaningless if there’s nothing greater that binds” people.

The 37-year-old, who was born in Ohio, studied at Harvard and Yale, earned his millions as a biotechnology entrepreneur and then founded an asset management firm.

He’s been vocal about his disdain for what he calls the corporate world’s “wokeism” on racism and climate, claiming it hurts both businesses and the country. He’s particularly opposed to ESG (environment, social and corporate governance) initiatives, by which a company’s social and environmental impact is measured.

He also renounces affirmative action in higher education and wants to reduce US economic dependence on China.

Mr Ramaswamy’s views have resonated with some, like fellow Republican Vikram Mansharamani, who ran for the US Senate from New Hampshire in the 2022 mid-terms, and met Mr Ramaswamy recently during the latter’s visit to the state. Mr Mansharamani describes his Indian-American peer as being “very impressive, articulate and thoughtful”, and says that their views to “unify rather than separate America” align.

“Identity politics has taken root in the US and that has come with a divisive tendency rather than a unifying tendency. We should build on what we have in common,” he says, adding that his family also hosted Nikki Haley in New Hampshire recently.

Mr Ramaswamy with his family in a campaign photo
Image caption, Mr Ramaswamy, pictured here with his family, could send a message to young Indian-Americans to take part in politics

But there are Indian-Americans on the other side of the political divide who don’t agree with Mr Ramaswamy’s politics and feel his campaign lacks depth.

Democrat Shekar Narasimhan, founder and chairman of the AAPI (Asian Americans and Pacific Islanders) Victory Fund, says that while he is happy to see more Asian-Americans gain prominence in politics, he isn’t confident about Mr Ramaswamy’s ideas.

“He is a business guy and has a clean slate, but what are his promises?” Mr Narasimhan asks. “Does he care about medical care for the elderly? What are his plans for infrastructure spending? He doesn’t have fixed positions and has not articulated his policies yet.”

He refers to the campaign as “Quixotic”, suggesting Mr Ramaswamy believes “he has something to say and running for president might make him get heard”. Mr Narasimhan also questions if his fellow Indian-American has “sufficiently accepted and acknowledged his heritage” instead of “acting like it is irrelevant”.

Many community members who have supported Republicans for years say they had not heard of Mr Ramaswamy until he entered the race.

“I have never met him. I am told he has the money and is quite well-spoken, but he will be one of many candidates. He doesn’t have much chance,” says Dr Sampat Shivangi, a well-known Republican party supporter and fund-raiser.

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