Elizabeth Holmes is an American businesswoman. Best known for founding a healthcare technology company called Theranos in 2003. In 2019, she was named the youngest self-made billionaire according to Forbes. Her character was played by Amanda Seyfried in The Dropout. It was a movie adaption to portray the disgraced Theranos founder and her journey of rising and fall.
Elizabeth Holmes Biography And Net Worth
|Net Worth $4.5B (2021)|
|Full Name Elizabeth Anne Holmes|
|Birth Date 3 February 1984|
|Age 38 years|
|Birthplace Washington, D.C., United States|
|Profession Former Businesswoman|
|Zodiac Sign Aquarius|
|Partner William Billy Evans|
|Active Years 2003-2018|
Elizabeth Holmes Personal Life
She was born on 3rd February 1984 in Washington, D.C., United States. Her father was Christian Rasmus Holmes IV, vice president at the infamous Enron energy company. Her mother was a congressional committee staffer named Noel Anne (birthname Daoust). Elizabeth went to St. John’s School in Houston, Texas. She briefly learned Mandarin. She was enrolled into Stanford university before dropping out in 2004. Elizabeth Anne also worked as a student researcher and lab assistant in their chemical engineering program. She dated her co-partner Ramesh Sunny Balwani for some time. After the fall of Theranos, she started dating Evan Hotel chain’s heir William Billy Evans. They have a son together who was born in July 2021. Their marital status is still unknown.
Elizabeth Holmes Career
In 2003, after dropping out of Stanford, Holmes founded the blood testing company Theranos with the aim of using just a few drops of blood. It was specially made for those who had a fear of needles including Holmes. She brought in heavy capital investments of up to $700 million from billionaires including Rupert Murdoch and Larry Ellison. Her former Stanford advisor Channing Robertson help her to get such big amounts. This raised the company’s peak valuation to $9 billion. Theranos was initially known as a Real-Time Cures company. Holmes ran Theranos without a company website or any press releases for quite some time.
In September 2013, the company joined the largest pharmacy store chain Walgreens to create in-store blood sample collection centers. This landed Holmes on numerous magazine covers. A certain medical expert became skeptical of the technique being used by the company. He informed a Wall Street Journal executive John Carreyrou, and eventually, he started a private investigation to dig in further.
Several lawsuits were filed against the company following the investigation results. One of those was filed by State of Arizona for misrepresenting facts about its blood tests. Later, it was also found that the company lied about its technology being used in the US Department of Defense, and had also lied about its revenue stream. In June 2018, Holmes and Balwani were indicted by a federal grand jury on nine wire fraud allegations and two counts of conspiracy to commit wire fraud. She is convicted on four counts and faces up to 20 years in prison along with a heavy fine & restitution for each fraud and a conspiracy count.
Elizabeth Holmes’s Net Worth
She had a net worth of around $4.5 billion on paper until the downfall of Theranos. She held 50% of the company’s equity shares making her the youngest self-made billionaire according to Forbes in 2014.
|Height 5 ft 7 in|
|Weight 88 kg|
|Eye Color Blue|
|Hair Color Blonde|