Elizabeth Holmes, Founder Of Theranos, The World Youngest Billionaire May Spend 10 Years In Jail
The rise and fall of Elizabeth Holmes, who started Theranos when she was 19 and became the world’s youngest female billionaire before it all came crashing down
Avery Hartmans
These days, blood-testing startup Theranos is on its last legs.
But in 2014, the billion-dollar company and its founder, Elizabeth Holmes, were on top of the world. Back then, Theranos was a revolutionary idea thought up by a woman hailed as a genius who styled herself as a female Steve Jobs. Holmes was the world’s youngest female self-made billionaire, and Theranos was one Silicon Valley’s unicorn startups.
Then it all came crashing down.
The shortcomings and inaccuracies of Theranos’s technology were exposed, along with the role Holmes played in covering it all up. Theranos and Holmes were charged with massive fraud, and the company was forced to close its labs and testing centres.