Elizabeth Anne Holmes is an American businesswoman who founded and was the CEO of Theranos, a now-defunct health technology company. Theranos soared in valuation after the company claimed to have revolutionized blood testing. Holmes settled the charges by paying a USD 500,000 fine, returning 18. 9 million shares to the company, relinquishing her voting control ofTheranos, and being barred from serving as an officer or director of a public company for ten years. A federal grand jury indicted Holmes and former Theranos chief operating officer Ramesh Balwani on nine counts of wire fraud.
About Elizabeth Holmes in brief
Elizabeth Anne Holmes is an American businesswoman who founded and was the CEO of Theranos, a now-defunct health technology company. Theranos soared in valuation after the company claimed to have revolutionized blood testing by developing testing methods that could use surprisingly small volumes of blood, such as from a fingerprick. Holmes settled the charges by paying a USD 500,000 fine, returning 18. 9 million shares to the company, relinquishing her voting control ofTheranos, and being barred from serving as an officer or director of a public company for ten years. In June 2018, a federal grand jury indicted Holmes and former Theranos chief operating officer Ramesh Balwani on nine counts of wire fraud and two counts of conspiracy to commit wire fraud for distributing blood tests with falsified results to consumers. A trial is set to begin in March 2021. Holmes’s career, the rise and dissolution of her company, and the subsequent fallout are the subject of a book, Bad Blood: Secrets and Lies in a Silicon Valley Startup, by the Wall Street Journal reporter John Carreyrou, and an HBO documentary feature film, The Inventor: Out for Blood in Silicon Valley. Holmes described her fear of needles as a motivation and sought to perform blood tests using only small amounts of blood. Holmes was an admirer of Apple founder Steve Jobs and deliberately copied his style, frequently dressing in a black turtleneck, as did Jobs.
Holmes claims her mother dressed her in black when she was young, but in reality in reality an employee introduced her to Jobs’ famous turtlenecks in 2007. Holmes married hotel heir Billy Evans after Theranos’ demise, and they have a son, a son-in-law, and a daughter, both of whom are in their early 20s. Holmes and Evans have two children, a boy and a girl, who are both in their late 20s and early 30s, and live in Palo Alto, California. The couple has a son who is in his early twenties, and daughter who is currently in her late 30s and is in her mid-30s, but she has no plans to have children of her own. Holmes is married to hotel heirBilly Evans, who is also a businessman. Holmes has two children with a woman, a daughter with a man, and another daughter with whom she is in the process of having a child with a second woman. Holmes’ husband is a former U.S. Air Force officer who served in the Gulf War and the Gulf of Mexico. Holmes also has a daughter who was in the Air Force and served in Iraq and Afghanistan, and is now in her early 40s. She has two sons with a husband, a stepson, and two stepchildren. Holmes describes herself as a self-made female billionaire, and was named one of the “World’s Most Disappointing Leaders” by Fortune. She was named the youngest and wealthiest self- made female billionaire in America in 2015.
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This page is based on the article Elizabeth Holmes published in Wikipedia (as of Dec. 09, 2020) and was automatically summarized using artificial intelligence.
