Biography of Elizabeth Holmes
Elizabeth Holmes, also known as Elizabeth Anne Holmes, is an American former biotechnology entrepreneur, who was convicted of fraud.
In 2003, Elizabeth founded Theranos, a health technology company. The company claimed to have revolutionized blood testing by developing methods that could use very small volumes of blood, including from a finger prick. Holmes served as CEO of Theranos.
Holmes attended St. John’s School in Houston, where she developed an interest in computer programming. During her high school years, she started her first business selling C++ compilers to Chinese universities.
In 2002, Holmes enrolled at Stanford University and pursued studies in chemical engineering. During her studies, she worked as a student researcher and laboratory assistant at the School of Engineering. At the end of her freshman year, Holmes worked at the Genome Institute in Singapore. She also filed her first patent application on a wearable drug delivery patch in 2003.
In 2003, Holmes reported that she had been raped at Stanford. In March 2004, she dropped out of engineering school. She used her tuition money to fund a consumer health technology company. This marked the beginning of his journey as an entrepreneur.
Elizabeth Holmes age
Holmes was born on February 3, 1984 in Washington, DC, United States. She is 39 years old in 2023.
Elizabeth Holmes’ husband
In 2019, Holmes became engaged to William “Billy” Evans; heir to Evans Hotels, a family-run group of hotels in the San Diego area.
In mid-2019, reports surfaced that the couple tied the knot in a private ceremony, but there has been no direct confirmation from Holmes and Evans regarding their legal marital status. The couple reside in San Francisco.
Elizabeth Holmes’ children
Holmes and her husband have two children. Her firstborn was a boy born in July 2021. Later in October 2022, weeks before her sentencing hearing, it was reported that she was pregnant with her second child.
According to a February 2023 court filing, Elizabeth gave birth to a second child, as part of an argument to delay the start of her prison sentence. The second child was born on February 24, 2023.
Elizabeth Holmes Theranos
Holmes founded Theranos in 2003, while still a student at Stanford University. The company promised to revolutionize the medical industry by providing blood tests that only required a drop or two of blood.
However, the technology behind the tests was unreliable and the company was a fraud. The business was eventually shut down, and Holmes was charged with multiple counts of fraud and conspiracy.
Elizabeth Holmes Sunny Balwani
Balwani was the former president and chief operating officer of Theranos. He was charged alongside Elizabeth Holmes with multiple counts of fraud and conspiracy. However, Balwani’s trial was separated from that of Holmes.
Balwani was convicted on all counts on July 7, 2022 and faces up to 20 years in prison and restitution. On December 7, 2022, he was sentenced to 12 years and 11 months in prison, with an additional three years of probation. Balwani is expected to begin his sentence no later than March 15, 2023.
Conviction of Elizabeth Holmes
Holmes was found guilty of four counts of fraud and conspiracy in December 2021. She was sentenced to 11 years in jail.
Documentary by Elizabeth Holmes
Several documentaries have been made about Holmes and his story. The most famous documentary is “The Inventor: Out for Blood in Silicon Valley”, released in 2019.
The documentary, directed by Alex Gibney, explores the rise and fall of Theranos and the role Elizabeth Holmes played in the company’s downfall.
Elizabeth Holmes net worth
Holmes has an estimated net worth of around $4.5 billion.
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