Elizabeth Anne Holmes was born on February 3, 1984. She is an American former biotech entrepreneur who was found guilty of fraud. Holmes started Theranos, a health technology company that is no longer in business, and was its CEO from 2003 to 2015. The company’s value went through the roof after it said it had changed the way blood tests were done by coming up with ways to use surprising small amounts of blood, like from a fingerprick. Based on the $9 billion value of her company, Forbes named Holmes the youngest and richest self-made woman billionaire in the United States in 2015. Forbes lowered their estimate of Holmes’ net worth to zero the next year, and Fortune named her one of the “World’s 19 Most Disappointing Leaders” in a story called “The World’s 19 Most Disappointing Leaders.”
Contents
Early Life
The date of her birth, February 3, 1984, was in Washington, DC.
Christian Rasmus Holmes IV was a vice president at Enron, an energy company that went bankrupt because of a scandal involving accounting fraud. Her mother, Noel Anne (née Daoust), worked for a committee in Congress. Later, Christian worked as a leader for government agencies like USAID, EPA, and USTDA. Christian Holmes’s family is from Denmark. His second great-grandfather and Elizabeth’s third great-grandfather, Charles Louis Fleischmann, was a Hungarian immigrant who invented Fleischmann’s Yeast. Julius Fleischmann was one of Charles Louis Fleischmann’s children. He was the mayor of Cincinnati from 1900 to 1905 and also ran a business. Holmes went to St. John’s School in Houston.
She started her first business while she was still in high school. She sold C++ compilers to Chinese colleges because she loved computer programming so much. Her parents set up for her to learn Mandarin Chinese at home, and when she was a junior in high school, Holmes started going to Stanford University’s summer Mandarin programme. As a result, Holmes knows a lot about Chinese. Holmes went to Stanford in 2002 to study chemical engineering and work in the School of Engineering as a lab assistant and student researcher.
After her first year at the Genome Institute of Singapore was over, Holmes took blood samples with syringes to test for the severe acute respiratory syndrome coronavirus (SARS-CoV-1).
In 2003, she sent in her first patent application, which was for a patch that would deliver drugs. She quit Stanford’s School of Engineering in March 2004 and used the money she had paid for tuition to start a company that makes technology for health care consumers.
Elizabeth Holmes Net Worth 2022
Forbes named Elizabeth Holmes, the former CEO of Theranos, one of the wealthiest people in the world at the height of her career as an entrepreneur. Her story is one of the most extreme examples of a wealthy person who lost almost everything because of legal problems and the bad management of her company.
Forbes says that after Theranos went bankrupt, Elizabeth Holmes’s net worth went from $4.5 billion to nothing by 2022.
Personal Life
Holmes dated tech entrepreneur Ramesh “Sunny” Balwani, who was born in Pakistan but moved to India and then the US.
In 2002, she met him on a trip to Beijing with a Stanford University Mandarin programme. Balwani was 19 years older than Holmes and was married to another woman at the time. Holmes was 18 and had just finished high school.
Balwani got a divorce in 2002, and he started dating Holmes around the time Holmes graduated from college in 2003.
In 2005, they moved into an apartment with another person. Balwani didn’t join Theranos until 2009 when he was named chief operating officer. However, he had been helping Holmes with the company from the beginning. Staff said that Holmes and Balwani ran the business with a “secret and terrifying” corporate culture. Most of the time they ran the business, they kept their relationship private. Balwani left Theranos in 2016 because there were questions. Holmes says that she fired him. Balwani, on the other hand, says that he quit on his own.
Holmes testified on November 29, 2021, that she was raped while she was a student at Stanford and that she went to Balwani for comfort after the attack.
She said that Balwani was sometimes verbally and sexually abusive to her during their relationship, which lasted for more than a decade. She said in her testimony that he wanted to “destroy the person” she was and make a “new Elizabeth.” She also proved that Balwani did not force her to lie to investors, business partners, the media, and corporate directors about the things in the case. Balwani has “categorically” denied the abuse claims in court documents, calling them “false and inciting.”
Holmes is going to marry William “Billy” Evans, the 27-year-old heir to Evans Hotels, a family-owned collection of hotels in the San Diego area, in early 2019.
Holmes and Evans may have gotten married in a secret ceremony in the middle of 2019. Holmes and Evans have not confirmed that they are married, and many news outlets still call him her “partner” instead of her husband. The man and woman live in San Francisco. In July 2021, Holmes gave birth to a son.
NPR got a copy of part of a police report from the evening of October 5, 2003. In it, Holmes said he was sexually attacked at a Stanford fraternity house between 1:00 and 3:00 am. In January 2022, the record was found. The police report backed up what Holmes said at her trial: “I was wondering how I would be able to deal with that [rape] experience and what I wanted to do with my life, and I decided that I would make a living by building [a company].” In the fall of that year, she started Theranos. The report that the deputies who responded to the call wrote was not made public, and the pieces of information that NPR got didn’t say who was accused or what happened, but it did give the address of the Sigma Chi fraternity house as the site.
How much money did Elizabeth Holmes acquire?
In 2018, Holmes was charged with “massive fraud” by the Securities and Exchange Commission. She was accused of taking more than $700 million from investors by lying to them. In the same year, she was arrested on felony charges of wire fraud and conspiracy to commit wire fraud.
Is Elizabeth Holmes Still wealthy?
Forbes called Elizabeth Holmes, the former CEO of Theranos, one of the richest people in the world at the height of her business career. Her story is one of the most extreme examples of a wealthy person who lost almost everything because of legal problems and bad business management.
In The Dropout, Elizabeth Holmes is shown to have had a net worth of $4.5 billion at one time, but that money has long since gone. Celebrity Net Worth estimates that Holmes’s current net worth in 2022 is $0. But she lives with her husband and child in one of the most expensive mansions in Silicon Valley.
Who is Billy Evans, the spouse of Elizabeth Holmes?
Reports say that the woman who started the failing blood testing company Theranos got engaged and is now married.
Holmes just got married in a private ceremony to William “Billy” Evans, who is 29 years old and the heir to the California hotel chain Evans Hotel Group.
Reports say that he grew up near San Diego, in the state of California. Susan and William L. Evans had three kids, and he was one of them.
Evans went to school at the Massachusetts Institute of Technology. In 2015, he got a bachelor’s degree in economics.
His LinkedIn profile says that when he wasn’t in school, Evans worked at several financial and consulting firms in California. He was also a student brand manager for Red Bull while he was at MIT.
The Evans family has lived in the San Diego area for many generations. Billy Evans’ grandparents, Anne and William D. Evans, started the company Evans Hotels to manage hotels in 1953. The group is in charge of three places in the San Diego area.
The birth certificate for William Holmes Evans says that he was born on July 10 in Redwood City, California.
Follow serveupdate.com for more latest updates.
