Elizabeth Holmes is an inventor and tycoon, who was listed as the one of the Richest Self-Made Women but her company lost $.4.5 billion. According to Forbes, she was one of the richest women and now she has nothing left in her bank account after the loss of $4.5 billion. Keep reading to know more about Elizabeth Holmes’s net worth in 2018.
Elizabeth Holmes Early Life
Elizabeth Holmes was born as Elizabeth Anne Holmes in the year 1984 on 3rd February. Elizabeth was born in Washington D.C. to Christian and Noel Holmes. When Holmes was just 9 years old, the family moved to Texas. As a young woman, she learnt a new language, Mandarin and also completed her summer language class at the Stanford University.
Holmes went to St. John’s School and she was known for her sunshine smile and optimism. Yes, she has always been an optimistic girl! Do you know that she has a degree in Chemical Engineering as well? She was interested in computer programming and sold C++ compilers to the universities in China.
Elizabeth had a business woman’s mind! In the year 2004, she dropped out of the Standford School of Engineering and started seed funding with her tuition fee.
Elizabeth Holmes Career, Awards & Achievement
Elizabeth Holmes was tagged as the, ‘Richest Self-made Woman’ by Forbes. She is the CEO and founder of Theranos. Elizabeth started the company in California and the aim was to democratize healthcare.
Basically, her aim was to make health information accessible for all so that one could diagnose serious diseases at an early stage. This would help in saving lives of people. In the year 2004, Holmes was able to raise funds of approximately $6 million.
Elizabeth Holmes has also done philanthropic works. She joined hands with Carlos Slim Helu to develop blood testing in Mexico.
Awards & Achievement
Elizabeth Holmes has been ranked as, ’40 under 40’ and ‘Businessman of the Year’ by the Fortune. However, after investigations and civil suits, the same source ranked her as, ‘World’s Most Disappointing Leaders’.
In the year 2015, she was the World’s most powerful woman in Forbes but now her company has hit bankruptcy. The entrepreneur was tagged as, ‘Woman of the Year’ by Glamour.
There is no doubt that she gained a lot of success through her company, Theranos. However, she is back to square one because she has no money left!
Net Worth of Elizabeth Holmes
Elizabeth Holmes had a net worth of $4.5 billion. According to Forbes, her company has faced a major loss. As per the same source, she was listed as one of the richest self-made women but now she has nothing left in her bank account. The entrepreneur has been in news and controversies after an investigation were done of her company.
Elizabeth Holmes had earned the $4.5 billion through her company, Theranos. She is seeing her company drown in front of her eyes. In fact she has put her Palo Alto’s Theranos headquarters up for rent. The blood-testing company is no longer functional as the CEO and founder has gone bankrupt.
Elizabeth Holmes confessed that Theranos technology IS a fraud! Her company failed the basic inspection test and the doors of Theranos were closed. Elizabeth had a net worth of $4.5 billion and now she is looking for a tenant for the Palo Alto’s headquarter. In fact the rent money is negotiable!
From $4.5 billion to nothing – Elizabeth Holmes has been in the news after her company failed the inspection. What would she do now? Considering her history and her educational qualifications, we are definite that she would find her way!