Why is sunny balwani so rich?
Why is sunny balwani so rich?
Ramesh “Sunny” Balwani (born c. 1965) is an American businessman and former president and chief operating officer of Theranos, which was a privately held health technology company founded by his then-girlfriend Elizabeth Holmes.
How much money did Sunny balwani invest in Theranos?
He Invested $13 Million Into Theranos “It was interest-free. It was a good-faith loan.” Six months later, in late 2009, Balwani was made the president and COO of the company, in spite of the fact he didn’t have experience in science or lab testing.
Did sunny make money from Theranos?
Before resigning from his position at Theranos in 2016, Sunny Balwani’s salary at the company was a reported $1, according to his attorney Jeffrey Coopersmith.
Who lost money on Theranos?
Education Secretary Betsy Devos, media mogul Rupert Murdoch and Walmart heirs in The Walton family were all among a lineup of famous and wealthy investors who lost big in their investments in Silicon Valley blood-testing company Theranos Inc., the Wall Street Journal reported.
