World Economic Forum removes Vivek Ramaswamy’s name from ‘Young Global Leader’ list after lawsuit

The World Economic Forum (WEF) removed Republican presidential candidate Vivek Ramaswamy from a list of global leaders Tuesday following a lawsuit.

Ramaswamy announced the removal in a post on Twitter Tuesday, sharing a photograph of a letter from the WEF’s legal team in a second tweet in which the organization apologized for the “mistake.” Ramaswamy initially was listed as a Young Global Leader in March 2021 by the WEF, but rejected the designation and filed suit in April to have his name removed.

WATCH:

I’ve been the leading opponent in America of the World Economic Forum’s agenda, through two books & my most recent company Strive which finally put BlackRock & the ESG movement on their back foot. Two years ago, WEF tried to throw false bait by naming me a “Young Global Leader”… pic.twitter.com/wRVhLc3x9B

— Vivek Ramaswamy (@VivekGRamaswamy) August 1, 2023

“I’ve been the leading opponent in America of the World Economic Forum’s agenda, through two books & my most recent company Strive which finally put BlackRock & the ESG movement on their back foot,” Ramaswamy tweeted. “Two years ago, WEF tried to throw false bait by naming me a ‘Young Global Leader’ when I explicitly rejected their ridiculous award. They repeatedly failed to remove my name despite escalating demands. So I sued them. And we just succeeded.”

Ramaswamy has been a critic of using Environmental, Social, and Governance (ESG) criteria in investing. He co-founded Strive Asset Management in May 2022 with PayPal co-founder Peter Thiel to counter firms like BlackRock, which support the use of ESG criteria.

“They met all of my demands in the lawsuit: public apology & disavowal and a commitment to never name someone again without their explicit permission,” Ramaswamy continued. “I will direct my financial damages in the settlement to the America First Policy Institute @A1Policy which I have proudly supported in the past because it stands for *American* interests against the WEF agenda. The Great Uprising will defeat the Great Reset – just like we did in 1776.”

Ramaswamy is currently third in the Real Clear Politics average of polls, drawing 5% of support.

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