At what age did Elizabeth Holmes become a billionaire?

In 2014, Forbes had named Holmes as the world's youngest self-made woman billionaire worth $4.5 billion when she was just 30 years old.

What age did Elizabeth Holmes become a millionaire?

She was "the world's youngest self-made female billionaire", trumpeted Forbes magazine. The "next Steve Jobs", said Inc, another business magazine that put her on the cover. In 2014, Elizabeth Holmes, then 30 years old, was on top of the world.

How did Holmes become a billionaire?

Elizabeth Holmes became America's youngest ever self-made female billionaire after taking Silicon Valley by storm through her company, Theranos. She claimed its technology would revolutionise health care - but a stunning expose saw it come crashing down as quickly as it had risen.

How much was Elizabeth Holmes worth at her peak?

Former Theranos CEO Elizabeth Holmes always dreamt of being a billionaire. In that sense and only that sense, her wildest dreams came true. At the height of her powers in 2015, Forbes estimated her net worth to be $4.5 billion. Then everything came crashing down.

Who lost the most from Theranos?

Story: Big name investors among Theranos biggest losers

For instance, the Wall Street Journal reported, the Devos family lost an estimated $100 million in their investment while Murdoch lost $125 million and the Walton family lost $150 million.

Elizabeth Holmes exposed: The $9 billion medical ‘miracle’ that never existed | 60 Minutes Australia

How much money does Elizabeth Holmes still have?

So, what is Elizabeth Holmes' net worth today? After the fall of Theranos, Elizabeth Holmes' net worth went from a reported $4.5 billion to $0 as of 2022, according to Forbes.

Who is the youngest female billionaire in jail?

Theranos CEO Elizabeth Holmes was sentenced to more than 11 years in prison for duping investors with her Silicon Valley startup firm. The startup promised to revolutionize blood testing but instead made her a symbol of Silicon Valley ambition that veered into deceit.

How much money did Theranos lose?

Theranos founder Elizabeth Holmes, whose net worth plummeted from $4.5 billion to zero according to a Forbes report in 2016, on Monday was found guilty by a federal jury in San Jose, Calif., on three counts of wire fraud and one count of conspiracy to commit wire fraud against Theranos' investors.

How much money did Elizabeth Holmes make from Theranos?

At the height of her success, Elizabeth Holmes had an estimated net worth of $4.5 billion. Elizabeth Holmes, the founder of the not-so-revolutionary blood-testing company Theranos, has been gripping the headlines for nearly a decade.

Did any of Theranos technology work?

The technology didn't exist. Theranos, despite all its flashy promises, wasn't actually able to run tests accurately in its device on a single drop of blood.

Was Elizabeth Holmes a genius?

At the age of 31, Elizabeth has joined the list of Warren Buffett, Steve Jobs, Mark Zuckerberg and others. Elizabeth is the world's youngest self-made female billionaire. A genius from childhood, Elizabeth learnt Mandarin language during her high schooling.

Is Holmes a felon?

18 in federal court in San Jose, California, nearly a year after she was convicted of three felony counts of wire fraud and one felony count of conspiracy to commit fraud. She faces up to 20 years in prison for each count.

Who is the youngest billionaire in the world?

Kim Jung-Youn, the teenage daughter of Kim Jung-Ju who founded the online gaming company Nexon, is the youngest billionaire in the world as of November 2022.

How much was Theranos worth at its peak?

Founded in 2003 by then 19-year-old Elizabeth Holmes, Theranos raised more than US$700 million from venture capitalists and private investors, resulting in a $10 billion valuation at its peak in 2013 and 2014.

Who is Silicon Valley's youngest self made millionaire?

Alexandr Wang, the latest Silicon Valley wonder boy, is only 25 years old and has a net worth of more than a billion dollars.

Did Theranos ever have any revenue?

Theranos' actual revenue had fallen from $1.4 million in 2010 to $518,000 in 2011 and down to zero in 2012 and 2013. At the time, its losses also grew from $16.2 million in 2010 to nearly $57 million by 2012.

How much money did Walmart give Theranos?

Now, the documents have been unsealed. Having invested $150 million, the Walton family heirs of the Walmart founder have the dubious honor of being the biggest investor in Theranos, The Wall Street Journal reports. The family is one of four investors to put more than $100 million into the company.

Did Theranos employees make money?

Theranos has established itself as a great place to work in California, and it is number 17 on Zippia's list of Best Companies to Work for in Palo Alto, CA. The average employee at Theranos makes $44,094 per year.

Who is the richest girl alive?

The richest woman in the world in 2023 is Francoise Bettencourt-Meyers with an estimated net worth of over $50 billion. The owner of the beauty conglomerate L'Oreal inherited a fortune when her mother, Lilliane, herself the richest woman of her time, passed away in 2017.

Who is the richest girl kid?

Valentina Paloma Pinault has seen the biggest rise in her estimated wealth since 2021, increasing by an incredible 16150% over the last two years. Her net worth is based on her parent's fortune and since they are billionaires, it's no surprise her wealth has increased so dramatically.

Who was the first female billionaire in America?

Madam C.J. Walker (born Sarah Breedlove; December 23, 1867 – May 25, 1919) was an African American entrepreneur, philanthropist, and political and social activist. She is recorded as the first female self-made millionaire in America in the Guinness Book of World Records.

What did Elizabeth Holmes do with the money?

Having dropped out of Stanford's School of Engineering in 2003, a 19-year-old Holmes used her tuition money as seed funding for a consumer healthcare technology company based on the idea of performing blood tests using only a small amount of blood – such as a finger prick – rather than drawing blood for testing into ...

Is anyone else from Theranos going to jail?

A dizzying two decades of the Theranos saga has come to a close. After founder Elizabeth Holmes was sentenced to 11 years and three months in prison starting in April (after she gives birth to her second baby), only one loose end was left to be tied up—or locked up, rather.

Who invested the most money in Theranos?

Media mogul Rupert Murdoch, who led a $5.8 million Series A in February 2005; Venture capitalist and Draper Fisher Jurvetson partner Tim Draper, who remained an outspoken defender of Theranos at least until 2018; Oracle Executive Chairman and founder Larry Ellison; and. National pharmacy and retail chain Walgreens.