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Ramaswamy was already millionaire when he accepted Soros award he said he needed to pay for law school
August 22 2023, 08:00

Republican presidential candidate Vivek Ramaswamy was already a millionaire by the time he accepted the Soros scholarship he previously said he needed in order to pay for law school.

Ramaswamy defended himself last month for accepting a $90,000 award from the Paul & Daisy Soros Fellowship for New Americans, which was founded by Daisy and Paul Soros, the late older brother of liberal billionaire financier George Soros

Ramaswamy said that after graduating from Harvard, he "didn’t have the money" to afford Yale Law School.

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"There was a separate scholarship that I won at the age of 24-25, when I was going to law school in my mid-20s, in my early 20s, when I didn't have the money and it was a merit scholarship that hundreds of kids win, that was partially funded, not by George Soros, but by Paul Soros a relative, his brother," Ramaswamy said.

"And to be perfectly honest with you, I would have had to be a fool to turn down that scholarship at the age of 24," he added.

When Ramaswamy accepted the award in 2011, he was a first-year law student at Yale and had been working for several years as an investment analyst at the hedge fund QVT Financial.

In 2011, the same year he accepted the award, Ramaswamy reported $2,252,209 in total income, according to his tax returns, which he released in June. He reported a total of $1,173,690 in income in the three years prior.

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"Vivek won a generic scholarship that hundreds of students win to attend graduate school," his campaign’s spokesperson, Tricia McLaughlin, told Fox News Digital. "It was funded by a relative of George Soros who is long dead."

"Vivek would have been a fool to turn down that scholarship – Anyone who would have shouldn’t get anywhere near the White House doing trade deals," she continued. "In fact, there’s only one candidate that will be on stage Wednesday night whom George Soros has said he wants to win this primary – and it’s not Vivek."

McLaughlin was likely referring to comments Soros made at the Munich Security Conference in February.

Soros said he wanted Florida Gov. Ron DeSantis to win the Republican primary in the hope that former President Donald Trump would then mount a third-party campaign for president that would split the GOP vote and lead to a "Democratic landslide."