God bless the self-important nouveau riche: their political campaigns are the only truly successful form of trickle-down economics. According to the Washington Post, Republican political dilettante Vivek Ramaswamy sold more than $33 million in the stock of his company, with a campaign spokesperson saying he’s “making a significant investment in the campaign.”
Ramaswamy divested about 5.5% of his holdings of Roivant Sciences, the company he founded, but he still holds more than 51 million shares valued at more than half a billion dollars. His campaign reportedly abandoned traditional advertising in New Hampshire just weeks before the primary, and he’s dropping in the national polls as well, treading water at most polls’ margin of error.