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How much is Elizabeth Holmes Net worth ?

What is Elizabeth Holmes net worth in 2021

 

What is the Net worth of Elizabeth Holmes ? Elizabeth Holmes is an American businesswoman, social entrepreneur, and inventor. She was born on February 3, 1984.

Also, best known as the founder and CEO of Theranos, a Silicon Valley company known for its blood-testing services.

Holmes was the valedictorian of her high school class and went on to study chemical engineering at Stanford University, where she dropped out in 2004 before finishing a degree to launch Theranos.

She founded Theranos in 2003 while still a student at Stanford University. Her plan was to create affordable medical testing that could be done with just a drop or two of blood taken from the fingertip. The idea for Theranos came during her sophomore year when her professor drew blood from his finger using an outdated needle device

Her net worth is $4.5 billion that is expected to grow even further in 2021, according to Forbes’ estimations, that is expected.


Elizabeth Holmes Early Life:

Elizabeth Holmes is an American entrepreneur and founder of Theranos, a health technology company. She was born in 1984 in Washington, D.C. She grew up in the San Francisco Bay Area, the daughter of Christiana Ellis and Christian Holmes IV, who was at the time an assistant Secretary of State.

Holmes grew up in a conservative household and was raised by strict Christian Scientist parents that were against the use of medicine or doctors. Her father was an engineer for Hewlett-Packard and her mother studied engineering at Stanford University for two years before getting married to Holmes’s father.

In her early teens, Holmes’s parents took her to South Korea, where she taught English and studied Korean. She returned to the US to attend Stanford University. While at Stanford, Holmes made a name for herself as a competitive equestrian.

Furthermore, she graduated from Stanford University with a degree in chemical engineering and then went on to pursue her undergraduate research at the Stanford School of Medicine.

In 2004, even though she had never taken a science course before in her life, Holmes entered and won the Intel Science Talent Search, for which she received $100,000 from Intel Corporation. In March 2004, she dropped out of Stanford with one semester remaining from graduation to pursue entrepreneurship and co-founded Theranos with Ramesh “Sunny” Balwani and Tim Draper.

The entrepreneur, author, and speaker has had many successful ventures in the past. One of Her most recent company was called “Healthy Child,” which she started at age 19.

The company sold two years later to Neiman Marcus for $6 million.

 


Elizabeth Holmes Net worth :

Elizabeth Holmes is the director and CEO of Theranos, a company that she founded in 2003.

Theranos was founded  by Elizabeth Holmes. The company’s “groundbreaking” technology was said to be able to conduct laboratory tests on small samples obtained from blood. This would enable Theranos to run the majority of lab tests in less than 10 minutes, for a fraction of the cost charged by traditional labs.

The company is a medical technology firm which produces diagnostic tests for various diseases, such as the Zika virus and the Ebola virus.

We can never forget about the world’s richest woman, Elizabeth Holmes net worth has amassed a $4.5 billion fortune and is the youngest female billionaire in the U.S., who is also famous for being the founder and CEO of Theranos, a company that aims to keep people healthy through affordable blood tests.

In 2015, the company was valued at $9 billion. But in 2018, the company’s worth was estimated at around $0.

In 2013, Forbes named her the youngest self-made female billionaire in the world. In 2016, Forbes revised their estimate of her net worth from $4.5 billion to zero after a Wall Street Journal investigation questioned the validity of her technology and methodology.

 


Elizabeth Holmes Career :

Elizabeth Holmes Career

Elizabeth Holmes is an American businesswoman, She is the founder, chairman, and CEO of Theranos.

She was born in 1984 in Washington D.C. She studied chemical engineering at Stanford University where she earned a bachelor’s degree in 2003.

Holmes started her first company at the age of 19. With an idea to use technology to improve blood testing, she dropped out of Stanford University to pursue her new venture.

She founded Theranos in 2003 with a vision to make blood testing more efficient and less expensive than ever before.

The first product was called Edison Machine which could conduct tests using small amounts of blood for about $1 per test (compared to the competition at around $10 per test).

Elizabeth was the youngest person to become a self-made female billionaire due to her work with Theranos. As a child, she had an interest in science and maths. She was also introduced to the idea of entrepreneurship at a young age by her mother, who often took her on visits to the office where she worked as an accountant.

Theranos is a revolutionary advancement in the field of lab testing. The company has grown to be a $9 billion company with more than 850 employees. They have developed a new type of blood analysis tool called Edison, which could change the way medical data is collected and stored for future generations to come.

However, Theranos has since been accused of misleading investors about its technology’s

In May 2015, Theranos raised $100 million in a financing round with a valuation of $9 billion, with investors including Rupert Murdoch, Larry Ellison, Tim Draper, and Cox Enterprises.

On October 18, 2015, the U.S. Securities and Exchange Commission charged Theranos founder Elizabeth Holmes with “massive fraud,” alleging she raised more than a billion dollars from a partnership with a pharmaceutical company and from investors on the strength of false claims.

Before the Theranos scandal, Holmes was generally accepted to be a genius. In 2015, she was appointed a member of Harvard Medical School Board of Fellows and named one of Time magazine’s “Time 100 Most Influential People”. In 2017, she became a member of the Financial Industry Regulatory Authority board.


Elizabeth Holmes Personal Life :

Elizabeth Holmes Personal Life

 

Elizabeth Holmes’ personal life is not very well known. Holmes was romantically involved with technology entrepreneur Ramesh “Sunny” Balwani, a Pakistani-born Hindu who immigrated to India and then the US.

She met him in 2002 at age 18, while still in school; he was 19 years older than she was and was married to another woman at the time.

The Holmes family has owned the Evans Hotels family-owned group of hotels in San Diego since the early 1900s. William “Billy” Evans is the grandson of the founder.

In early 2019, Elizabeth Holmes became engaged to William “Billy” Evans, a 27-year-old heir to Evans Hotels, a family-owned group of hotels in the San Diego area. In mid-2019, Holmes and Evans married in a private ceremony. The couple live in San Francisco, where Holmes gave birth to a baby boy in July 2021

 


Summary :

Elizabeth Holmes is an American businesswoman who is the CEO of Theranos. born on February 3, 1984 in Washington, D.C., U.S.

Elizabeth Holmes net worth is estimated to be of $4.5 billion in 2016.

She studied at Stanford University and then dropped out to start her company, Theranos, in 2003.

Her company provides blood tests which are cheaper, faster and more accurate than traditional blood tests.

The worth of Theranos Went to zero after an investigation by the Wall Street Journal cast doubts on their technology and methods.

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