From the Editor
- Elizabeth 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.
- Starting in 2015, Theranos' technology came into question; reporting by The Wall Street Journal revealed that Theranos was using other companies' machines.
- Forbes revised our net worth estimate for Holmes to $0 in June 2016 amid new information and as the company faced a slew of investigations from federal agencies.
- On January 3, 2022, Holmes was found guilty of four out of 11 charges of fraud; she was acquitted on four charges; the jury failed to reach a verdict on 3 counts.
Wealth History
HOVER TO REVEAL NET WORTH BY YEAR
Forbes Lists
#435
Billionaires (2016)Dropped off in 2017
#6
America's Richest Entrepreneurs Under 40 (2015)Dropped off in 2016
#121
Forbes 400 (2015)Dropped off in 2016
#1
America's Self-Made Women (2015)Dropped off in 2016
#72
Power Women (2015)Dropped off in 2016
Personal Stats
- Age
- 40
- Source of Wealth
- blood testing, Self Made
- Residence
- California
- Citizenship
- United States
- Marital Status
- Married
- Children
- 1
- Education
- Drop Out, Stanford University
Did you know
In 2018, the U.S. Securities and Exchange Commission charged Holmes and with fraud; Holmes settled charges, paid a $500,000 fine and gave up her shares in Theranos.
Other wealthy investors in Theranos included New England Patriots owner Robert Kraft, members of Walmart?s Walton family and the DeVos family, heirs to Amway.
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Related by education: Stanford University
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