CEO of Theranos Elizabeth Holmes Accused For Fraud Case Of $700 Million; Elizabeth Holmes Net Worth Wiki-Bio, Husband

elizabeth holmes Accused dating married net worth wiki bio
CEO of Theranos Elizabeth Holmes Accused For Fraud Case Of $700 Million; Elizabeth Holmes Net Worth Wiki-Bio, Husband

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How many of you have heard about Elizabeth Anne Holmes? Elizabeth Anne Holmes or simply say Elizabeth Holmes is an American inventor and entrepreneur who is the founder and CEO of Theranos. We will talk in this article about Elizabeth Holmes’s Net Worth.

Theranos is the privately held blood test company based in Palo Alto, California. Now, the former River Oaks star student once who called herself as the next Steve Jobs is now in the headlines for being accused of fraud in a case involving $700 million.

Back in the year 2015, Elizabeth Holmes was listed as the youngest self-made billionaire in the world by Forbes due to her $9 billion valuation of Theranos. Today, in this particular topic, get to know every possible personal as well as professional career of Elizabeth Holmes. Also, know Elizabeth Holmes’s net worth, sources of income, her story from billionaire to nothing, career, and more. Check it out:

Elizabeth Holmes Accused of Fraud involving $700 million

Theranos CEO Elizabeth Holmes who once called herself as next late American entrepreneur, business magnate, industrial designer, and inventor Steve Paul Jobs aka Steve Jobs. She is now charged with the fraud case of $700 million.

As per the data and reports released, Holmes raised hundreds of millions of dollars from the investors and promised that her medical-testing startup Theranos Inc. would change the medicine with a single drop of blood.

Caption: Elizabeth Holmes Accused of Fraud involving $700 million

On 14 March 2018, securities regulators called her a fraud and forced her to give up the company that she built. The U.S. Securities and Exchange Commission detailed on how Holmes and her chief deputy lied for several years about the technology, publicity to get investors, and snookered the media.

The report also explained how Holes lied to hand over more than $700 million to keep a closely held company afloat.

As per the recent news, it is claimed that Holmes will have to pay $500,000 fine and surrender 19 million shares. Moreover, she is barred from being an officer or even the director of a public company for around ten years.

However, the settlement remains unanswered whether the prosecutors will pursue criminal charges.

Caption: Elizabeth Holmes Accused of Fraud involving $700 million

It was back in 2013 when Holmes began to raise and grabbed national attention when she claimed and reviewed that Theranos had developed a modern medical technology that could do what seemed to be impossible.

During that tenure, she promised that her secret machines could run thousands of medical tests only using the blood from a tiny finger-prick. She furthermore added that the process would be quick and cheap.

How much is Elizabeth Holmes’s Net Worth? Know her story from successful billionaire to ZERO PENNY

Yes, people you just read that headline right! Apparently, when Forbes says that you are worth nothing, you really are. In the same way, Elizabeth Holmes’s net worth has now dropped to $0 from her billionaire.

As mentioned above, back in 2015, Forbes claimed that Elizabeth Holmes as the youngest self-made female billionaire from all over the world due to her $9 billion valuation of Theranos company.

Caption: Elizabeth Holmes’s Net Worth from $4.5 billion to ZERO

Well, back before a couple of days, Elizabeth Holmes’s net worth was estimated to be around $4.5 billion, but now Elizabeth Holmes’s net worth is claimed to be $0.

Some people still believe that Homes will still be able to raise money at a higher valuation than $800 million from her existing investors, but half of the people do not believe in it. As every $9 billion valuation is secret, Theranos did not make any deliveries, and Theranos’ target value is not fulfilled, people believe that her raise of money is like a fairytale.

But Holmes is a woman with a unique personality, entrepreneur, inventor, and has a good sense of business; she might have thought of some plans in the future to come back!

Elizabeth Holmes Husband

Being a successful business women Elizabeth Holmes has drawn her fans and followers attention towards her personal life. They are really excited to know who is her husband. If not who is she currently dating?

Holmes silence has surprised people. But the case is different here. There was a time when she was rumored to be romantically linked with Therano’s Chief Operating Officer, Ramesh ‘Sunny’ Balwani starting 2005 until she fired him in 2016.

Holmes never officially announced her dating and relationship with her fellow worker who was also charged with fraud by the SEC. Currently, she is single and dating nobody. Further, she has not mentioned any future plans related to marriage.