Judge Davila then urged the jurors to keep deliberating, but the jury returned hours later to say they still remained deadlocked on three charges. It also comes after the jury of eight men and four women told Judge Edward Davila on Monday morning that they couldn’t reach an unanimous verdict on three out of 11 charges. And his parents now run the business, according to Business Insider.Ms Holmes leaving the courthouse with her partner, Billy Evans, and her parents. Evans' grandparents founded the Evans Hotel Group, a "premier provider of resort accommodations" in Southern California. Holmes married 29-year-old hospitality heir William "Billy" Evans in 2019, according to Vanity Fair. There's also the chance that she owes additional restitution for each of the four counts of fraud. Now that she's convicted, she faces up to 20 years in prison and a fine of $250,000. In 2016, after accusations of fraud came to light, Forbes revised its estimate of Holmes's net worth to zero. Forbes changed her net worth estimate to 0 in 2016. That number sharply decreased in 2016, when Forbes "spoke to a dozen venture capitalists, analysts and industry experts and concluded that a more realistic value for Theranos is $800 million." However, they noted that Holmes only owned half the company's stock, and after other investors would be paid before her, they then valued her fortune at "nothing." She subsequently fell off the Forbes list. At one point, she was worth $4.5 billion.Īccording to Forbes, in 2015 Holmes was worth $4.5 billion, and topped the FORBES list of America’s Richest Self-Made Women. So, how much money is she worth today? I did some digging to find out.
Elizabeth holmes today nrtworth plus#
While Holmes hasn't been sentenced yet, she faces up to 20 years in prison and a fine of $250,000, plus additional restitution she may need to pay for each of the four counts of fraud. But in Holmes' case, it means using electronic communications (like email) to lie to someone in order to get something from them, usually money. Wire fraud is a term that covers many different kinds of crimes, according to the BBC. Who Is Elizabeth Holmes' Husband, Billy Evans? She was found not guilty on three other charges of defrauding patients and one charge of conspiracy to defraud patients, CNN reported. Now, at the end of a long trial, Holmes has been found guilty on one count of conspiracy to defraud investors and three counts of wire fraud connected to specific Theranos investors. She was accused of taking more than $700 million from investors. Per The New York Post, Theranos was officially defunct by 2018, and the Securities and Exchange Commission charged Holmes with “massive fraud” the same year. Still, they told their investors the company would generate $1 billion in revenue in 2015, and at one point the company was estimated to be worth $9 billion.īy 2018, her company was done. Justice Department indictment, Holmes and “ her business partner and onetime boyfriend, Ramesh Balwani,” knew the blood test device had major issues, like being unreliable and slow. And, her fall has been a hard one.Īccording to a U.S. Holmes started the company in 2003 after raising $700 million, according to Forbes. Elizabeth Holmes Was Apparently Very Paranoid