Elizabeth Holmes Biography
Elizabeth Holmes is an American former businesswoman who was formerly the founder and CEO of Theranos, the now health technology company that rose in valuation after claiming to have innovated blood testing by establishing testing methods that could use relatively small volumes of blood, such as from a fingerprick.
How old is Elizabeth Holmes? – Age
Where did Elizabeth Holmes go to school? – Education
In Houston, Holmes joined St. John’s School. She was interested in computer programming in high school and claims to have found her first business selling C++ compilers to Chinese institutions. Her parents had organized for Mandarin Chinese home tutoring, and Holmes went to study at Stanford University’s summer Mandarin program halfway through high school. Holmes graduated from Stanford University in 2002 with a bachelor’s degree in chemical engineering and operated as a student researcher and laboratory assistant in the School of Engineering.
Elizabeth Holmes – Family
Her dad, Christian Rasmus Holmes IV, was a vice president at Enron, an energy firm that went bankrupt following an accounting fraud scandal. He held executive roles later in the government agencies such as USAID, the Environmental Protection Agency, and the United States Trade and Development Agency. Christian Holmes has Hungarian and Danish ancestors. Charles Louis Fleischmann, his great-great-grandfather, was a Hungarian Jewish immigrant who developed Fleischmann’s Yeast. Julius Fleischmann, the mayor of Cincinnati from 1900 to 1905 and an entrepreneur, was one of Charles Louis Fleischmann’s children. Her mom, Noel Anne, worked as a Congressional committee staffer.
Ramesh Balwani, a technology entrepreneur, had an intense relationship with Holmes. Balwani is a Hindu who was born in Pakistan and later moved to the United States. Balwani was only 18 years old when she met Holmes. He was a year and a half her senior. Balwani divorced his wife in 2002 and began a relationship with Holmes in 2003. Balwani was not accepted into Theranos until 2009. He was Holmes’s confidant. In 2005, the pair shared an apartment in New York City. In the year 2005, the couple shared an apartment. They ran Theranos in a “secrecy-averse” business culture. While Theranos was under investigation, Balwani departed the firm in 2016. He claimed Holmes dismissed him, while Holmes stated he voluntarily quit the company. Prior to March 2018, Holmes owned half of Theranos’ stock. With a net worth of $4.5 billion, Forbes named Holmes one of America’s most self-made women in 2015. Holmes got engaged to William “Billy” Evans in early 2019. Evans Hotels’ heir, William Evans, is 27 years old. The Evans family owns a number of hotels in San Diego. In mid-2019, Holmes and Evans married in a secret ceremony. Currently, they are based in San Francisco. She married him after Theranos went bankrupt.
The couple also welcomed their first child together in July, a son named William Holmes Evans.
What is Holmes Salary?
Her earnings are currently under review.
Holmes Net Worth
Her net worth is unknown as of 2022.
Elizabeth Holmes Career
In 2003, Holmes founded Real-Time Cures in Palo Alto, California, with the goal of “democratizing healthcare.” Her fear of needles was her driving force. She desired to conduct small-scale blood tests. Phyllis Gardner, a Stanford medicine professor, heard Holmes pitch the idea of a blood test at their fingertips. “I don’t imagine your proposal is going to work,” she said, expressing her dissatisfaction. Despite the fact that other teachers had the same reaction, she persisted. Channing Robertson, Holmes’ Engineering School advisor, agreed to support her concept.
To allude to her company, Holmes changed the name of Theranos to Theranos in 2003. It’s an abbreviation for “treatment” or “diagnostic.”
She was a lover of Apple founder Steve Jobs, and she dressed like him in a black turtleneck sweater. George Shultz, Henry Kissinger, and James Mattis were all close friends of Holmes’.
Forbes magazine proclaimed her “the world’s youngest self-made female billionaire.” Inc, another business magazine that featured her on the cover, called her the “new Steve Jobs.”
Elizabeth Holmes, who was 30 years old at the time, was on top of the world in 2014. She had launched a $9 billion (£6.5 billion) corporation after dropping out of Stanford University, claiming to have revolutionized disease diagnosis. Theranos stated that its Edison test, which requires only a few drops of blood, could instantly diagnose illnesses including cancer and diabetes without the need for needles.
The board included high-ranking officials such as Henry Kissinger and General James Mattis.
The seams began to the fray by 2015, and Holmes was exposed as a fraud within a year. The technology she promoted didn’t operate at all, and her company, which she had started, was bankrupt by 2018.
A jury in California has now found her guilty of four charges of fraud, each with a maximum sentence of 20 years in jail.
On four additional accusations, the jury found her not guilty, while on three more, they were unable to reach a decision. She pleaded not guilty to all of the counts and has the right to appeal her convictions.
Before the company went bankrupt, Elizabeth was a well-known professional. In 2015, she was elected to the Harvard Medical School Board of Fellows, and TIME magazine named her one of the world’s most influential people. Holmes was named the Most Powerful Woman and the Under 30 Doers by Forbes magazine. Glamour named her Woman of the Year.