RETURN ON INVESTMENT:
Inside the Billionaire Network Funding Ramaswamy's Campaign
08/25/2026, by Terra Goodnight
A new report from Innovation Ohio has identified 22 billionaires who are using their fortunes to elect Vivek Ramaswamy as governor of Ohio. All but two live out of state.
Ramaswamy’s billionaire backers have amassed their fortunes in tech, finance, real estate, retail, and by inheriting family wealth. Many have maxed out their donations to his campaign ($16,615 for an individual). However election law allows donors to give unlimited funds to super PACs.
Pro-Ramaswamy group, V-PAC (Victors, Not Victims) has raised more than $42 million – 75% of it from billionaires. V-PAC and the Ramaswamy campaign have spent or reserved a combined $60.9 million on advertising this cycle – including many misleading attack ads.