Does Elizabeth Holmes still own Theranos?
Does Elizabeth Holmes still own Theranos?
Since Theranos was a private company, Holmes was allowed to stay on as CEO but had to give up financial and voting control of the company, in addition to paying a $500,000 fine and returning $18.9 million in Theranos stock. The same day Holmes was indicted, Theranos announced she would be stepping down as CEO.
Is Elizabeth Holmes a Millionaire?
In 2014, Forbes had named Holmes as the world’s youngest self-made woman billionaire worth $4.5 billion when she was just 30 years old. Here’s all you need to know about Elizabeth Holmes and the Theranos scam: 1. Elizabeth Holmes rose to the Silicon Valley fame after founding Theranos in 2003 at age 19.
Who lost the most money in Theranos?
Story: Big name investors among Theranos biggest losers For instance, the Wall Street Journal reported, the Devos family lost an estimated $100 million in their investment while Murdoch lost $125 million and the Walton family lost $150 million.