Before her fall, Elizabeth Holmes was briefly at the very top of Forbes' richest self-made women list with a net worth of $4.5 billion, based on her 50% stake in Theranos. The next year Forbes cut her net worth to zero
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Elizabeth Holmes, founder and CEO of Theranos, speaks at the Fortune Global Forum in San Francisco. On March 14, 2018, the Securities & Exchange Commission filed charges against Holmes and her company for defrauding investors.
, addresses the story of how Holmes dropped out of Stanford, founded Theranos to make diagnostic blood tests more accessible, raised enough capital to give the company a $9 billion valuation and saw the company dissolve once John Carreyrou of theTheranos and Holmes have become a new reference point in the discussion of Silicon Valley startups trying to hack healthcare. For a while, Theranos had not published any peer-reviewed studies about its technology, a warning sign to scientists.
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