How Much Is Elizabeth Holmes Net Worth?
Elizabeth Holmes is a former American biotechnology businesswoman who wasonce a self-made female billionaire has a net worth estimated to be $0 as of 2022.
Elizabeth is the former CEO and founder of the now-defunct Silicon Valley health technology company named "Theranos", and was once the worldâs youngest self-made billionaire women.
Quick Facts About Elizabeth Holmes
|Elizabeth Holmes Net Worth||$0 Million|
|Age||38 years old|
|Date of Birth||February 3, 1984|
|Place of Birth||Washington D.C.|
|Nationality||United States Of America|
Early Life and Social Media
Elizabeth Holmes was born on February 3, 1984. She was in Washington, D.C to her mom, Noel, who was a Congressional committee staffer, and her dad, Christian, who was a vice president at the energy giant Enron and then he moved to government positions at agencies like USAID.
She moved from Washington, D.C. to Houston, Texas with her family when she was a child. From a very young age, Elizabeth had an instinct for invention. She often used to fill up the entire notebooks with drafts for plans and designs. When she was just nine years old, she wrote a letter to her dad where she stated, "What I really want out of life is to discover something new, something that mankind didnât know was possible to do".
Holmes went to Standford University after she took Mandarian courses in high School. When she went on a trip to beijing, she decided that she wanted to pusue medicine like her great grandfather who was a surgeon.
She used to stay up during her high school days. She also launched her own business which sold C++ compilers to Chinese schools. She is active with 30.7k followers on Twitter.
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Net worth and Career
Elizabeth Holmes had a net worth valued at $4.5 billion previously but now after her scandals she is worth $0 Million at present as of 2022. Forbes stated that the former Theranos founderâs wealth was deminished due to the accusations of fraud.
Holmes was named the youngest self-made female billionaire in the United States in 2015. She was the founder and CEO of the health technology company, "Theranos" in 2003, which was once valued at $9 billion.
She then began to secure funding from prominent investors and raised around $6 million by the end of 2004. She gained over $700 million in funding for Theranos within ten years. "Theranos" was shrouded in secrecy for many years as there was no public company website or press releases, and investors were not given any details about how the technology really worked.
Ian Gibbons, who was Theranos' chief scientist and one of the companyâs earliest hires, found flaws in the company technology and immediately expressed concerns to the CEO that tests werenât ready for the general public to use.
Then, It caused the experts from outside which has then started sharing their reservations about Thernos. Then In 2013, the public face of Theranos grew as it partnered with Walgreens which was to establish in-store blood sample collection centers.
In January 3, 2022, a jury convicted Elizabeth Holmes on four counts of criminal fraud against investors. She is sentenced scheduled in mid-September this year which will decide her 20 years in prison with milions of fines if found guilty.
Elizabeth has been the talk of the town as the new limited series "The Dropout" is out which is a dramatized version of the rise and fall of Theranos CEO Elizabeth Holmes.The series stars Amanda Seyfried and Naveen Andrews whose first episode was streamed on Huluâs platform on 3rd March.
Outside experts also began to share their reservations about Theranos. These doubts came to a head in 2015, when medical research professor John Ioannidis, and later Eleftherios Diamandis, questioned the validity of her companyâs technology.
Relationship and Personal Life
Elizabeth Holmes is married to William Evans. William is the heir of Evans Hotel Group. The couple is currently residing in a $135 million Silicon Valley property.
Interesting Facts About Elizabeth Holmes
- Elizabeth Holmes always idolized the late Steve Jobs so she frequently dressed in a black turtleneck sweater alike him.
- She said that she was the most important person in tech after Steve Jobs passed.