Elizabeth Holmes

Elizabeth Anne Holmes (born February 3, 1984)^[1] is an American former businesswoman and convicted fraudster. She was the founder and CEO of Theranos, a now-defunct health technology company.^[2][3]

Elizabeth Holmes
Holmes backstage at TechCrunch Disrupt San Francisco in 2014
Born	Elizabeth Anne Holmes (1984-02-03) February 3, 1984 (age 41) Washington DC, USA
Nationality	American
Education	Stanford University (dropped out)
Occupation	Businessperson
Years active	2003 - 2018
Title	Founder and former CEO of Theranos
Spouse	Billy Evans ​ (m. 2019)​
Partner	Ramesh Balwani (2003 - 2016)

In 2015, Forbes had named Holmes the youngest and wealthiest self-made female billionaire in America.^[4]

After revelations of potential fraud in Theranos' claims, in 2016 Forbes revised its estimate of Holmes' net worth to zero.^[5] Fortune named her one of the "World's Most Disappointing Leaders".^[6]

Trial

The case of U.S. v. Holmes, et al., began on August 31, 2021.^[7] A trial was held in a lower court in the federal court system.

A former manager of Theranos gave testimony (in court) on September 17.^[8] She said "that she made Holmes [...] aware of serious failings of" blood-testing machines from Theranos; claims made by the former manager "were backed up [...] by emails [showed to jurors or] displayed for jurors", media said.^[8]

Conviction

Holmes was convicted of four counts of fraud and conspiracy in January 2022.^[9] She [had] to report to prison on May 30, 2023.^[10] She made some appeals that were not successful.^[11][12]

The lower court gave her a prison sentence of 11 years 3 months.^[10][13]

Holmes showed up at Federal Prison Camp, Bryan, in Texas in May 2023.^[14]

In 2023, the Bureau of Prisons web site [gave an indication or] projected that Holmes could be released from prison two years early, after serving 85% of her prison sentence.^[15][16]

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