The following article is about Elizabeth Holmes’ net worth and career. Elizabeth Anne Holmes, also known as Elizabeth Holmes, is a former American businesswoman. She was born on February 3, 1984 and is the founder and CEO of Theranos. By 2015, the well-known business magazine “Forbes” named Elizabeth Holmes the youngest self-made female billionaire in the United States, with a company valued at 9 billion US dollars. A year later, after revealing the possible fraud in Theranos’s claim, Forbes revised its published estimate of Holmes’ actual net worth to zero, and Fortune magazine named her “the most disappointing leader ever in the world.” One of “people”.
In June 2018, a federal grand jury sued Theranos and Homes former COO Ramesh Balwani (Ramesh Balwani) for nine counts of wire fraud and two conspiracy to distribute blood tests to consumers through wire fraud Of charges. The US v. Holmes et al. case began on August 31, 2021 and is expected to last 13 weeks or more. If convicted, Holmes will face up to 20 years in federal prison and may face millions of dollars in compensation and fines.
Elizabeth Holmes
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early life
Elizabeth Holmes, a former American businesswoman, was born on February 3, 1984 in Washington, DC. She is the daughter of Christian Rasmus Holmes IV, who was the vice president of Enron Energy and later the energy company that went bankrupt. After the accounting case occurred, a fraudulent scheme was exposed. Later her father held an administrative position in a government agency. Her mother’s name is Noel Anne (formerly Daoust) and she served as a member of the Congress Committee.
Holmes attended St. John’s School in Houston. In high school, she discovered an interest in computer programming and said that she started her first business at a very young age by selling C++ compilers to Chinese universities. This was considered a bold move, but it was very worthwhile for her. Sherlock Holmes’ parents arranged Mandarin family tutoring for her. When she graduated from high school, she participated in a summer Mandarin course at Stanford University. She studied at Stanford University in 2012, where she studied chemical engineering, and worked as a student researcher and laboratory assistant in the School of Engineering.
Elizabeth Holmes
After graduating from her freshman year, she began to work in the laboratory of the Singapore Genome Research Institute. While in the laboratory, she used a syringe to detect Severe Acute Respiratory Syndrome Coronavirus (SARS-CoV-1) from a blood sample. Holmes filed the first patent application for a wearable drug delivery patch in 2003. In 2004, she dropped out of Stanford University’s School of Engineering and made a bold move. And use the money as seed funding for a consumer healthcare technology company.
personal life
Former businesswoman Holmes had a romantic relationship with Pakistan-born Hindu Ramesh “Sunshine” Balwani. She first met him in 2002, at the age of 18. At that time, he was 19 years older than her and was already married to another woman. After Balwani divorced his wife in 2003, they fell in love in 2003. At the same time, Holmes dropped out of college. She also has a younger sister named Christian Holmes V.
Balwani decided not to officially join Theranos until 2009. When he finally won the title of COO, he was advising Holmes behind the scenes. In 2005, they moved into an apartment together. They all run the company together in a corporate culture of “secrecy and fear”. Until they run the company together, no one knows their relationship. The couple was over, and Balwani left Theranos in 2016 after the investigation. The reason for his departure is unclear; Elizabeth stated that she eventually fired him, but Balwani said he left for his own benefit.
In 2019, Holmes was engaged to her long-time lover William “Billy” Evans.
Elizabeth Holmes net worth
In 2014, Elizabeth Holmes was selected into the list of American billionaires by Forbes magazine. According to the media report, she owns 50% of the startup company Theranos, bringing her wealth to $4.5 billion. In the same year, Theranos successfully raised more than US$400 million. In 2016, the business magazine Forbes revised its estimate of Sherlock Holmes’s net assets from US$4.5 billion to US$0. The magazine lowered the company’s valuation from US$9 billion to US$800 million.
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