Elizabeth Holmes Biography
Elizabeth Holmes, also known as Elizabeth Anne Holmes is a former American biotechnology entrepreneur, who has been 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 fingerprick. Holmes served as the 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 chemical engineering. While studying, she worked as a student researcher and laboratory assistant in the School of Engineering. Following the completion of her freshman year, Holmes worked at the Genome Institute of Singapore. She also filed her first patent application on a wearable drug-delivery patch in 2003.
In 2003, Holmes reported that she was raped at Stanford. In March 2004, she dropped out of the School of Engineering. She used her tuition money to fund a consumer healthcare technology company. This marked the beginning of her journey as an entrepreneur.
Elizabeth Holmes Age
Holmes was born on February 3, 1984, in Washington, D.C., U.S. She is 39 years old as of 2023.
Elizabeth Holmes Husband
In 2019, Holmes got engaged to William “Billy” Evans; heir to Evans Hotels, a family-owned group of hotels in the San Diego area.
In mid-2019, reports emerged that the couple had 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 resides 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 she was pregnant with her second child.
According to a court filing from February 2023, Elizabeth gave birth to a second child, as part of an argument for delaying the start of her prison term. The second child was born on February 24, 2023.
Elizabeth Holmes Theranos
Holmes founded Theranos in 2003, while she was still a student at Stanford University. The company promised to revolutionize the medical industry by providing blood tests that required only a drop or two of blood.
However, the technology behind the tests was unreliable, and the company was a fraud. The company was eventually shut down, and Holmes was charged with several counts of fraud and conspiracy.
Elizabeth Holmes Sunny Balwani
Balwani was the former president and COO of Theranos. He was charged alongside Elizabeth Holmes with several counts of fraud and conspiracy. However, Balwani’s trial was separated from Holmes’.
Balwani was found guilty on all counts on July 7, 2022, and faced 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 set to begin his sentence no later than March 15, 2023.
Elizabeth Holmes Sentencing
Holmes was found guilty of four counts of fraud and conspiracy in December 2021. She was sentenced to 11 years in prison in prison.
Elizabeth Holmes Documentary
Several documentaries have been made about Holmes and her story. The most well-known documentary is “The Inventor: Out for Blood in Silicon Valley,” which was released in 2019.
The documentary, directed by Alex Gibney, explores the rise and fall of Theranos and the role that Elizabeth Holmes played in the company’s downfall.
Elizabeth Holmes Net Worth
Holmes has an estimated net worth of around $4.5 billion.