Elizabeth Holmes is best known as one of the self-made woman billionaires of the United States. She is the CEO and founder of a blood-testing company named Theranos. She came to the mainstream news when she was convicted of frauding the investors for over $700 million.
How Much Is Elizabeth’s Net Worth?
As of 2015, Elizabeth Holmes accumulated a grand net worth of $4.7 billion, mainly from her blood-testing company, Theranos. She was ranked 110 on the Forbes 400 richest American in 2014. The American entrepreneur Holmes topped the list of America’s Self-Made Women in 2015.
Honoree Elizabeth Holmes with her award at the 2015 Glamour Women Of The Year Awards at Carnegie Hall on 9 November 2015, in New York City (Photo: zimbio.com)
Elizabeth founded Theranos in early 2004, which was previously valued at nearly $10 billion. The company later came under scrutiny in 2015 after the various test were questioned for their validity, which finally caused the banning of the company for two years.
SEC made a press release on 14th March 2018 in which Elizabeth, along with her ex-president Ramesh Balwani was charged with raising $700 million funds from the investors using false claims. She was immediately freed from the privilege of being the controller of the company and fined $500 thousand.
She has derived some income from the prestigious Genome Institute of Singapore from working on a computer chip that scans virus on the body. Elizabeth has gathered a great fortune from her more than 80 patients of inventions.
Facing 20 Years In Prison
Elizabeth is on trial for defrauding investors out of $700 million. She claimed her company invented a way to diagnose illness with a blood finger prick, but so wasn’t the case. Her company was charged with schemes of defrauding investors, doctors, and even patients.
Despite allegations, Elizabeth considers herself a victim. She even accused John Carreyrou, David Boys (lawyer), and Heather King (lawyer). Her company was closed in 2018 after Medicare & Medicaid Service Center stated that her company posed an immediate threat to patient health and safety.
She is currently awaiting a trial where he can be sentenced to imprisonment for up to 20 years.
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Married Now? All About Her Relationships!
In amidst of lawsuits, Elizabeth has found a helping hand in her life. She got married to William ‘Billy’ Evans secretly. William comes from a wealthy heir of hotel fortune who worked for Luminar Technologies.
Elizabeth Holmes with William Evans (Source: Dailymail.com)
His family frequently opposed his relationship with Elizabeth and had thought the founder of Theranos brainwashed him. However, the couple did not succumb to the situation and continued heading stronger.
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Elizabeth Holmes was born on 3 February 1984 in Washington, DC. Her father’s name is Christian Holmes IV, and his mother is Noel Daoust. She also has a younger brother named Christian Holmes V. She stands tall with a modest height of 1.69 m (5' 6½") weighing 58 kg. The businesswoman is of the Christian religion and has a star sign of Aquarius. As of today, she resides in Palo Alto, California.
Elizabeth pursued electrical and chemical engineering at Stanford University but left her education to launch her own company, Theranos.