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Who is Elizabeth Holmes?

Elizabeth Holmes

About Elizabeth Holmes

Who is Elizabeth Holmes?

Elizabeth Holmes is an American businesswoman and was the CEO of Theranos, a now-defunct health technology company that soared in valuation after the company claimed to have revolutionised blood testing.
 
In 2015, Holmes was named the youngest self-made female billionaire in the US based on her company's valuation. But later in 2016, fraud revelations led to the revised estimate of Holmes that gave her a net worth of zero, whereas Fortune named her among the "The World's 19 Most Disappointing Leaders".

Following investigations into the revelations, the Securities and Exchange Commission in 2018 charged Theranos and Holmes with deceiving investors by
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Latest Updates on Elizabeth Holmes

All you need to know about Theranos' former COO Ramesh 'Sunny' Balwani

In what is considered to be one of the biggest frauds in Silicon Valley, Balwani was convicted on all 12 charges in July for his role at Theranos. He has been sentenced to a prison term of 13 years

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Updated On : 09 Dec 2022 | 12:06 PM IST

Elizabeth Holmes sentenced to 11 years in prison for Theranos Fraud

"I am devastated by my failings," Holmes said. "Looking back there are so many things I'd do differently if I had the chance. I tried to realize my dream too quickly."

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Updated On : 19 Nov 2022 | 6:43 AM IST

Elizabeth Holmes faces years in prison for her crimes in Theranos collapse

Holmes stands out among white-collar criminals because relatively few of them are women convicted of such serious fraud, legal experts say

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Updated On : 18 Nov 2022 | 8:06 AM IST

Theranos COO Ramesh Balwani found guilty of multimillion-dollar fraud in US

The federal jury in San Jose on Thursday found Pakistan-born Balwani, 57, guilty of two counts of conspiracy and ten counts of wire fraud through a multimillion-dollar scheme

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Updated On : 09 Jul 2022 | 2:25 AM IST