Elizabeth Holmes Biography
Elizabeth Holmes is an American former biotechnology entrepreneur convicted of criminal fraud. Holmes dropped out of Stanford University and founded blood testing startup Theranos in 2003, with the aim of using just a few drops of blood.
Theranos raised more than $700 million from investors (including from billionaires Rupert Murdoch and Larry Ellison), who valued the company at $9 billion. Forbes named Holmes the world’s youngest self-made woman billionaire worth $4.5 billion–in 2014, when she was 30 years old.
Elizabeth Holmes Age
Elizabeth Anne Holmes was born on 3rd February, 1984, Washington, D.C., U.S.
Elizabeth Holmes Height
Elizabeth stand at a height of 5 feet and 7 inches tall.
Elizabeth Holmes Education
Elizabeth attended St. John’s School in Houston. During high school, she was interested in computer programming and says she started her first business selling C++ compilers to Chinese universities. Her parents had arranged Mandarin Chinese home tutoring, and partway through high school.
Holmes began attending Stanford University’s summer Mandarin program. In 2002, Holmes attended Stanford, where she studied chemical engineering and worked as a student researcher and laboratory assistant in the School of Engineering.
Elizabeth Holmes Nationality
Elizabeth Holmes is an American Nationality.
Elizabeth Holmes Family
Elizabeth paternal great, great, great grandfather was Charles Louis Fleischmann, a Hungarian immigrant who founded the Fleischmann’s Yeast company. The Holmes family “was very proud of its yeast empire” history, according to a family friend Joseph Fuisz, “I think the parents very much yearned for the days of yore when the family was one of the richest in America. And I think Elizabeth channeled that, and at a young age.” Her mother was born in Georgia and has French Canadian ancestry on her father’s side.
Elizabeth Holmes Parents
Holmes was born to Christian Rasmus Holmes IV, was a vice president at Enron, an energy company that later went bankrupt after an accounting fraud scandal. Her mother, Noel Anne, worked as a Congressional committee staffer. Christian later held executive positions in government agencies such as USAID, the EPA, and USTDA.
Elizabeth Holmes Siblings
Holmes has a younger brother, Christian Holmes V.
Elizabeth Holmes Husband
Holmes is married to her husband Billy Evans. a hotel chain heir.
Elizabeth Holmes Children
Holmes and her husband, Billy Evans have a child together.
Elizabeth Holmes Theranos
Holmes founded the company Real-Time Cures in Palo Alto, California, to “democratize healthcare”. Holmes described her fear of needles as a motivation and sought to perform blood tests using only small amounts of blood. In 2003, Holmes renamed the company Theranos .Robertson became the company’s first board member and introduced Holmes to venture capitalists.
Holmes had raised $6 million to fund the firm in 2004. By the end of 2010, Theranos had more than $92 million in venture capital In July 2011, Holmes was introduced to former secretary of state George Shultz. After a two-hour meeting, he joined the Theranos board of directors. Holmes was recognized for forming “the most illustrious board in U.S. corporate history” over the next three years.
Holmes and Theranos’s former president, Ramesh Balwani were charged in March 2018, with fraud by taking more than $700 million from investors while advertising a false product. On 14th March, 2018, Holmes settled an SEC lawsuit. The charges of fraud included the company’s false claim that its technology was being used by the U.S. Department of Defense in combat situations.
Elizabeth company also lied when it claimed to have a $100 million revenue stream in 2014. That year, the company only made $100,000. The terms of Holmes’s settlement included surrendering voting control of Theranos, returning 18.9 million shares to the company, a ban on holding an officer or director position in a public company for 10 years, and a $500,000 fine.
Holmes partnered with Carlos Slim in June 2015 to improve blood testing in Mexico. In October 2015, she announced #IronSisters to help women in science, technology, engineering, and mathematics careers. In 2015, she helped to draft and pass a law in Arizona to let people obtain and pay for lab tests without requiring insurance or healthcare provider approval, while misrepresenting the accuracy and effectiveness of the Theranos device.
Holmes received widespread acclaim. In 2015, she was appointed a member of the Harvard Medical School Board of Fellows and was named one of Time magazine’s “Time 100 most influential people”. Holmes received the Under 30 Doers Award from Forbes and was ranked number 73 in its 2015 list of “the world’s most powerful women”.
Elizabeth was also named Woman of the Year by Glamour and received an Honorary Doctor of Humane Letters from Pepperdine University. Holmes was awarded the 2015 Horatio Alger Award of the Horatio Alger Association of Distinguished Americans, making her its youngest recipient in history. She previously had been named Fortune’s Businessperson of the Year and had been listed in its 40 Under 40 feature.
Elizabeth Holmes Salary
Elizabeth Holmes annual salary is estimated at USD 400,000.
Elizabeth Holmes Net Worth
Elizabeth net worth is estimated to be USD 9 Billion.
Elizabeth Holmes Instagram
Elizabeth Holmes (@eholmes)
Elizabeth Holmes Twitter
Twitter: @eholmes2003
