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Strive Asset Management

All articles tagged with #strive asset management

Vivek Ramaswamy's Political Journey: From Presidential Campaign to Future Role with Trump
politics-business2 years ago

Vivek Ramaswamy's Political Journey: From Presidential Campaign to Future Role with Trump

Vivek Ramaswamy's unsuccessful presidential campaign led to a $120 million increase in his wealth, bringing his estimated net worth to $960 million. Despite spending $17 million on his campaign, he profited from the sale of shares in Roivant Sciences and the growth of Strive Asset Management. Ramaswamy's future plans remain uncertain, with speculation about a return to the private sector or a potential role in a second Trump administration.

Vivek Ramaswamy: The Controversial Influence and Success
politics2 years ago

Vivek Ramaswamy: The Controversial Influence and Success

Vivek Ramaswamy, a GOP presidential candidate, has claimed to have influenced Disney through his investment firm, Strive Asset Management, in his fight against the company's "political agendas." However, it has been revealed that Ramaswamy and his fund owned a minuscule amount of Disney stock, undermining his claims of significant influence. Ramaswamy's conservative credentials have been built on his opposition to woke culture and corporate activism, but his limited impact on Disney raises questions about his ability to deliver on his promises. Additionally, Ramaswamy's past as a pharmaceutical company founder may pose a political liability, given public concerns about the role of pharmaceutical profits in the cost of prescription drugs.

ESG and Politics: Investment Firms and Officials Clash.
politics2 years ago

ESG and Politics: Investment Firms and Officials Clash.

Vivek Ramaswamy's asset management firm, Strive Asset Management, has engaged with Republican Party officials against environmental, social and governance (ESG) investing, according to private email correspondence reviewed by CNBC. Ramaswamy, who is running for president, has urged companies to stay out of politics, but his firm has become a leading voice against ESG investing and has gained notoriety for its investment strategy on fossil fuels. Strive has organized calls featuring anti-ESG Republican officials and has gained access to government officials to discuss its business ventures.