Elizabeth Holmes: The Rise and Fall of a Silicon Valley Wunderkind
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Information Elizabeth Holmes
Name: Elizabeth Holmes
Nicknames: Theranos's Elizabeth Holmes, The Dropout
Net Worth: $0 (estimated)
Date of Birth: February 3, 1984
Age: 38
Gender: Female
Height: 5' 7"
Weight: 125 lbs
Profession: Entrepreneur, Former CEO of Theranos
Hobbies: Reading, Writing, Playing the Piano
Nationality: American
Zodiac Sign: Aquarius
Family: Parents: Christian Holmes (father) and Noel Holmes (mother)
Spouse: Billy Evans (m. 2019)
Net Worth
Elizabeth Holmes' net worth is estimated to be $0 as of 2023. She was once worth an estimated $4.5 billion, but her net worth plummeted after Theranos was accused of fraud.
Early Life
Elizabeth Holmes was born on February 3, 1984, in Washington, D.C. She is the daughter of Christian Holmes, a former Enron executive, and Noel Holmes, a businesswoman. Holmes attended Stanford University, where she studied chemical engineering.
Career
Holmes dropped out of Stanford in 2003 to start Theranos, a company that developed a blood testing technology that could reportedly run hundreds of tests from a single drop of blood. Theranos raised billions of dollars from investors, including Rupert Murdoch and Henry Kissinger. The company was once valued at $9 billion.
However, in 2015, The Wall Street Journal published a series of articles that raised questions about the accuracy of Theranos's blood testing technology. Theranos was eventually forced to shut down its blood testing labs.
In 2018, Holmes was charged with fraud and conspiracy to commit fraud. She was found guilty on four counts of fraud and one count of conspiracy to commit fraud in January 2022. She was sentenced to 11 years in prison.
Elizabeth holmes #instagram photos
Investing
Holmes invested heavily in Theranos, her company that developed a blood testing technology. She raised billions of dollars from investors, including Rupert Murdoch and Henry Kissinger. The company was once valued at $9 billion.
Achievements
Holmes was named one of Time magazine's 100 Most Influential People in the World in 2015. She was also named one of Forbes magazine's 30 Under 30 in 2014.
Education
Holmes attended Stanford University, where she studied chemical engineering. She dropped out of Stanford in 2003 to start Theranos.
Home
Holmes owns a home in Atherton, California. The home is worth an estimated $9 million.
Cars
Holmes owns a number of luxury cars, including a Tesla Model S, a Mercedes-Benz S-Class, and a Porsche 911.
Frequently asked questions about Elizabeth Holmes:
How did Elizabeth Holmes start Theranos?
Elizabeth Holmes started Theranos in 2003, when she was 19 years old. She dropped out of Stanford University to start the company, which developed a blood testing technology that could reportedly run hundreds of tests from a single drop of blood.
How much money did Elizabeth Holmes raise for Theranos?
Theranos raised billions of dollars from investors, including Rupert Murdoch and Henry Kissinger. The company was once valued at $9 billion.
What happened to Theranos?
Theranos was eventually forced to shut down its blood testing labs after The Wall Street Journal published a series of articles that raised questions about the accuracy of Theranos's blood testing technology.
What happened to Elizabeth Holmes?
In 2018, Holmes was charged with fraud and conspiracy to commit fraud. She was found guilty on four counts of fraud and one count of conspiracy to commit fraud in January 2022. She was sentenced to 11 years in prison.
What are some of the lessons we can learn from the Elizabeth Holmes story?
The Elizabeth Holmes story is a cautionary tale about the dangers of fraud and the importance of due diligence. It is also a reminder that even the most successful entrepreneurs are not immune to failure.
Here are some of the lessons we can learn from the Elizabeth Holmes story:
Always do your research before investing in a company.
Be skeptical of claims that seem too good to be true.
Don't be afraid to ask questions.
If you have concerns about a company, speak up.
Recent news articles about Elizabeth Holmes:
Elizabeth Holmes Reports to Prison
Elizabeth Holmes, the disgraced founder of Theranos, has reported to prison to begin serving her 11-year sentence for fraud. Holmes was convicted in January 2022 of four counts of fraud and one count of conspiracy to commit fraud. She was sentenced to 11 years in prison and ordered to pay $452 million in restitution.
Holmes founded Theranos in 2003, when she was 19 years old. The company developed a blood testing technology that could reportedly run hundreds of tests from a single drop of blood. However, Theranos's technology was never proven to be accurate, and the company was eventually forced to shut down.
Holmes was convicted of defrauding investors and patients about Theranos's technology. She was also convicted of misleading regulators about the company's operations.
Holmes is the first woman to be convicted of fraud at a federal trial. She is also the first person to be convicted of fraud in connection with a Silicon Valley startup.
Elizabeth Holmes's Ex-Boyfriend to Plead Guilty to Fraud
Ramesh "Sunny" Balwani, the former boyfriend and business partner of Elizabeth Holmes, has agreed to plead guilty to fraud charges. Balwani was the president and chief operating officer of Theranos, and he is accused of helping Holmes to defraud investors and patients about the company's blood testing technology.
Balwani is scheduled to plead guilty on July 12, 2023. He faces up to 20 years in prison.
Holmes was convicted of fraud in January 2022, and she is currently serving an 11-year prison sentence.
Elizabeth Holmes's Trial Begins
The trial of Elizabeth Holmes, the disgraced founder of Theranos, began on July 7, 2021. Holmes is facing charges of fraud and conspiracy to commit fraud. She is accused of misleading investors and patients about Theranos's blood testing technology.
Holmes founded Theranos in 2003, when she was 19 years old. The company developed a blood testing technology that could reportedly run hundreds of tests from a single drop of blood. However, Theranos's technology was never proven to be accurate, and the company was eventually forced to shut down.
Holmes is accused of defrauding investors and patients about Theranos's technology. She is also accused of misleading regulators about the company's operations.
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