The company reached its top in early 2015 when it claimed to have taken a further step ahead as far as blood testing is concerned. It revolutionized blood testing by using methods that only required very small volumes of blood. Though after Holmes was charged with wire fraud and conspiracy to commit wire fraud, the company became a lost story. Holmes has been guilty of defrauding investors, and she could face a possible 20 years of imprisonment. The decision will take place in September 2022. You may also like Joe Lacob Net Worth.
Elizabeth Holmes Net Worth
Elizabeth Holmes and her journey are quite difficult to believe. She rose from rags to riches, and again she went to rags. Holmes has achieved massive success in her career as the founder and CEO of Theranos. This biotechnology startup created a massive hype, and by 2015, its valuation reached as high as $9 billion. Elizabeth Holmes was also expected to be the next Steve Jobs, though it remained an expectation only. Once she had a net worth of $4.5 billion, but currently, her wealth is $0. She is currently out on bail, which takes around $500,000 as a bail bond.
Elizabeth Holmes Assets
Home: Elizabeth Holmes is an American personality who has the most hard-to-digest story. A story that has taken place in silicon valley. Once the richest young entrepreneur, she nowadays is living on bail in her $135 million massive estate, which is situated in Silicon Valley. Car collection: Elizabeth Holmes has numerous cars in her collection, which she bought a long ago. Holmes owns a very beautiful Mercedes Benz, Mercedes Maybach, Porsche, and several more. Must Check Leonardo Del Vecchio Net Worth.
Elizabeth Holmes Net Worth Growth
Elizabeth Holmes Biography
Elizabeth Anne Holmes was born in Washington DC, United States, on 3 February 1984. She was raised in Washington, where she used to live with her parents. Her father was a vice president of an energy company named Enron, which later became bankrupt. Her mother used to work as a congressional committee staffer. Elizabeth Holmes was quite good at computers and programming from a very young age. She started learning C++ in high school. She also began her first business at a very young age, which included selling C++ compilers to Chinese universities. Later, she went to Stanford University, where she started learning chemical engineering. She involved herself in several types of research in the School of Engineering. Soon, she went to Singapore to study Genome Sequencing and research SARS coronavirus. In 2003, she left her studies and used the tuition money to fund a company, which later became Theranos.
Elizabeth Holmes: Career and Awards
Elizabeth Holmes started her career way back in 2003 when she left her studies and used tuition fees to fund a new company named Theranos. However, the company’s initial name was Real-Time Cures, which later got changed to Theranos. Holmes was inspired to create this company because of her fear of needles. She wanted to revolutionize the entire blood testing system by using just a small amount of blood. Must Check Rupert Murdoch Net Worth. Elizabeth Holmes also became famous for getting dressed as Steve Jobs, as she was a huge admirer of him. She raised the company’s funds by $6 million in 2004. By 2010, it increased to $92 million. In 2015, Forbes listed the company with a total valuation of $9 billion. She became the wealthiest self-made female billionaire of that time. Though, in the same year, reports came out that suggested potential fraud by the company with its investors. In 2018, she was charged with deceiving investors with massive fraud.
Education
Elizabeth Holmes has done her early schooling at St. John’s School. She started working on computer programming there. Later, she shifted to Stanford University, where she began working on biotechnology and chemical engineering. She left the University in 2003 to focus on building a company named Theranos.
Conclusion
Elizabeth Holmes is a story in itself. She was deemed to be one of the greatest Entrepreneurs in the world, though she failed miserably because of her fraud and crimes. In 2015, she was named the youngest and wealthiest female billionaire in the world, and she was also named among the 100 most influential people. Though things changed quite drastically, and she was named on the list of 19 most disappointing leaders. Currently, she is on bail, and judgment on her future will come in September 2022. You may also like Ashneer Grover Net Worth. Recommended
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