Trump-backed Ramaswamy ready to pour millions into Ohio governor’s race

FIRST ON FOX: Vivek Ramaswamy is putting his money where his mouth is.

The multimillionaire biotech entrepreneur and business leader fueled his campaign for the 2024 GOP presidential nomination with over $30 million of his own money.

And in a Fox News Digital interview Thursday, Ramaswamy revealed that when it comes to his 2026 Republican campaign for Ohio governor, “we are prepared to invest at the same scale or greater.”

“Whatever is required to ensure that we’re successful in really leading the state to the next level,” Ramaswamy said. “Losing this race is not an option. Winning is the only option, and we’re going to win it. And I think that that will require resources of every form.”

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Ramaswamy was interviewed the day after his campaign announced that he had raised nearly $10 million in a little over four months since he announced his gubernatorial candidacy in late February. Ramaswamy’s campaign touted that the money raked in set a “record for the largest first-quarter fundraising total in state history.”

“I think it says that we have unprecedented support in our state, and that is a beautiful thing to see this early in a Republican race,” Ramswamy said. “And I think that that’s a powerful signal of unity.”

RAMASWAMY LAUNCHES BID FOR OHIO GOVERNOR

Ramaswamy, who has been endorsed by President Donald Trump, noted he’s the only major Republican candidate right now in the race to succeed term-limited GOP Gov. Mike DeWine.

“I’m running unopposed in a Republican primary in a state that is certainly leaning reliably red, and I’m proud to say that we have united, not just the Republicans in Ohio, but we are beginning to draw support from a wide range of nontraditional Republican backers, entrepreneurs, younger people,” he added. 

Republican gubernatorial candidate Vivek Ramaswamy of Ohio teams up with supporters in Defiance, Ohio, June 16, 2025 (Vivek Ramaswamy campaign)

State Attorney General Dave Yost launched a gubernatorial campaign but dropped out of the race in May.

Ohio Lt. Gov. Jim Tressel, a former longtime Ohio State University head football coach who later served as president of Youngstown State University, said earlier this year he was considering a run for governor. But speculation surrounding Tressel has…