Elizabeth Holmes Net Worth
|Popular Name:||Elizabeth Holmes|
|Real Name:||Elizabeth Anne Holmes|
|Birth Date:||3 February 1984|
|Birth Place:||Washington, D.C., United States|
Billy Evans (m. 2019)
|Net Worth:||N/A (Declared Bankrupt)|
Elizabeth Holmes is renowned as the American businesswoman who founded the now-defunct health tech company, Theranos, of which she was the Chief Executive Officer. Her company, Theranos increased in value following claims of she and some others that the company has made significant advancement in blood testing by developing methods that could use small volumes of blood, and also that these tests can be carried out rapidly using small automatic devices that has been developed by the company. By 2015, Holmes was named the youngest and wealthiest self-made female Billionaire in the United States by Forbes on the basis of her companys $9 billion valuation. In 2016, things took a twist and Forbes published her total worth to zero following revelations of potential fraud about her company, and Fortune named her as one of the most disappointing leaders in the world. Her career may have swindled down unexpectedly, but Elizabeth Holmes net worth and biography is still a topic till date, and we have included everything you need to know about the former CEO in this article.
Elizabeth Holmes’ Early Life
Elizabeth Anne Holmes was born in Washington, D.C., United States on 3 February 1984 to her parents, Noel and Christian Holmes. When she was just nine years old, her family moved from their home in Washington to a new place in Texas. She grew up into a beautiful adult lady, learnt a new language, Mandarin and also completed summer language class at Stanford University.
She was popular for her optimism and sunshine smile. She attended St. Johns School, and even has a Chemical Engineering degree as well. She was always interested in computer programming and even sold C++ compilers to the universities in China. Holmes has always had the mind of doing business. She had to leave her studies at Stanford School of Engineering in the year 2004 and started seed funding with her tuition fee.
Elizabeth Holmes’ Career
Elizabeth Holmes decided to become established as a business owner and self-made rich woman so she established her own company in California called Theranos. The aim of this enterprise was to democratize healthcare, and it did not take a long time before Forbes named her the Richest Self-made Woman in the country. Holmes major goal at that time was to make information on health easy to access for all of mankind so that serious diseases could be diagnosed at an early stage. This would definitely help in saving the lives of millions of people across.
In the year 2004, she was able to raise funds up to $6 million for her plans. However, in 2016, things took a twist and Forbes published her net worth to zero following revelations of potential fraud about her company, and Fortune named her as one of the most disssapointing leaders in the world. Holmes has also been involved in philanthropy especially when she reigned as one of the richest women in the world. She collaborated with Carlos Slim Helu and they developed blood testing in Mexico.
Awards & Achievements
In the notable years she spent on top, Elizabeth Holmes became a person of interest. She won respect and admiration from all near and wide with her company and progress in blood testing and disease diagnoses, and was named Business person of the year by various outlets, She even ranked on Fortunes 40 under 40, and was named Americas wealthiest female self-made billionaire by Forbes. However, her fame was short-lived as investigations and civil suits sprung up, and these same sources that once glorified her, turned around to name her the Worlds Most Disappointing Leaders.
She was the worlds most powerful woman in 2015 according to Forbes, but now, theres almost nothing associated to her name as her company has hit bankruptcy. The entrepreneur was also tagged as Woman of the Year by Glamour for her goals and ambitions while she was at her peak. There is no doubt that she was highly famous and acquired success through her healthcare company, Theranos, but she is back to square one today, with almost nothing to show for.
Elizabeth Holmes Net Worth
Holmes was worth $4.5 billion as of 2016. Before her company faced a major loss and crashed, Forbes published her name as one of the richest women alive. She now has almost nothing left in her bank account as of this writing, and the businesswoman is hardly seen or heard of in the media that much.
The 36-year old entrepreneur was in the news for hours every day, and was embroiled with controversies after investigations were carried out on her company. She had earned the $4.5 billion she was said to worth through her company, Theranos, but she saw this same company fall in her very eyes without being capable of doing anything about it, following allegations of fraud labeled against her and her technology.
She experienced in tragedy as her own company drowned in front of her eyes. In fact, she has put her Palo Altos Theranos headquarters up for rent. The blood-testing company is no longer functional as the CEO and founder has gone bankrupt. The company failed the basic inspection test, and Holmes herself, confessed that Theranos is a fraud. Her companys doors have since been closed, and she has been looking for a tenant for the companys headquarters in Palo Alto, California.
From being associated to having $4.5 billion to having almost nothing, Elizabeth Holmes net worth has long depreciated as soon as her business and company collapsed. Her finances crashed leaving her with almost nothing, and there are no sources in the world that have actually succeeded in estimating how much she is left with after all these years of her struggling.
It wouldnt be safe to write off Elizabeth’s career simply because her company hit the rocks. Considering her educational qualifications and experience in the line of business, she may take her chances and seize any opportunities she finds, and become something great in the nearest future.