Elizabeth Holmes Husband Net Worth

ZoyaNadeem · September 14, 2022, 4:47pm

Elizabeth Holmes’s Husband’s net worth is $8-10 million USD. Elizabeth Holmes was the youngest self-made millionaire in 2014 when she founded Theranos.

Elizabeth Holmes Husband

Holmes announced her engagement to 27-year-old William “Billy” Evans, heir to the Evans Hotels business based in the San Diego region, in early 2019. Sometime in the middle of 2019, Holmes and Evans allegedly tied the knot in a private ceremony.

Despite being legally married, Holmes and Evans have not publicly recognized their union, and many media sites continue to incorrectly refer to Evans as her “partner” rather than her spouse. The couple is currently based out of San Francisco. The birth of Holmes’s son took place in July 2021.

Elizabeth Holmes’ Husband’s Net Worth

The wealth of Billy Evans, the spouse of Elizabeth Holmes, is predicted to reach $20 million by the year 2022. Elizabeth Holmes, his wife, is worth more than $4 billion.

American-born biotech entrepreneur Elizabeth Anne Holmes was born on February 3, 1984. She has since been convicted of criminal fraud. Holmes created and led the now-defunct health technology company Theranos in 2003.

The company’s stock price rose when it claimed to have developed methods for conducting blood tests with surprisingly little amounts of blood, such as that obtained from a finger. Forbes described Holmes as “the youngest and richest self-made female billionaire in America” in 2015, based on her company’s $9 billion valuation.

Note: Forbes lowered its estimate of Holmes’ net worth to zero the following year as evidence of suspected fraud involving Theranos’ claims began to emerge. Fortune placed her in its feature story on “The World’s 19 Most Disappointing Leaders.”

Elizabeth Holmes’s Net Worth

Former American CEO and co-founder of the now-defunct Theranos health technology company, Elizabeth Holmes (or Elizabeth Anne Holmes, her given name) is better known as an entrepreneur.

Elizabeth Holmes’s wealth was estimated at $4.5 billion in 2022. An estimated $4.5 billion has been placed on Holmes’s business. This is why Forbes included Holmes on its 2015 list of the world’s most successful self-made female billionaires. Her husband’s name is Billy Evans, and she’s 38 years old. (How Much Is Elizabeth Holmes Worth)

But Holmes’ company was uncovered the next year, and all of its claims were thrown out as fake. Following the findings, Forbes reevaluated its ranking and determined that Holmes had no fortune.

From the comfort of your own home, you may learn about the life of Elizabeth Holmes, an American celebrity with the most complicated backstory. Anything that has happened in Silicon Valley. Once Silicon Valley’s youngest billionaire, she is currently on bail in her $135 million mansion.

Summary

Elizabeth Holmes has an extensive automotive collection of vehicles she purchased many years ago. Holmes has a fleet of luxurious automobiles, including multiple Mercedes-Benzes, a Mercedes-Maybach, and a Porsche.

Elizabeth Holmes Biography

Quick Information

Full Name	Elizabeth Anne Holmes
Nick Name:	Elizabeth Holmes
Date Of Birth:	February 3, 1984
Age:	38 years old
Birth Place:	Washington DC, United States
Husband Name:	Bill Evans
Kids:	(1)
Profession:	Former Biotechnology entrepreneur
Religion:	Christian

On February 3, 1984, Elizabeth Anne Holmes entered this world in Washington, District of Columbia. Her dad used to be a VP at the bankrupt energy firm Enron. Her mom was formerly a member of Congress and worked on a committee.

Elizabeth Holmes’ early proficiency with computers and programming was already impressive.
She started her first company at a tender age, marketing C++ compilers to academic institutions in China.
She eventually enrolled at Stanford to pursue studies in chemical engineering. She participated in a wide variety of engineering-related studies.

Soon after, she relocated to Singapore to pursue her interest in Genome Sequencing and investigate the SARS coronavirus. She dropped out of college in 2003 and used the savings to launch what would become Theranos.

Billy Evans Career

Well-known American entrepreneur Billy Evans inherited a California-based hotel property management firm. Billy Evans married the famous American businesswoman and former biotech entrepreneur Elizabeth Holmes.

Billy Evans is the current heir to the Evans Hotels empire, which his grandfather started, Anne Evans’ grandparents, and William D. Evans in 1953.

The Billy Evans Hotels organization has its headquarters in the Golden State of California. In California, Billy Evans worked at a few different banks and consulting businesses until inheriting a hotel property management company.

Elizabeth Holmes Career

Elizabeth Holmes began her career in 2003 when she dropped out of Stanford University and utilized her student loan repayments to launch a medical technology firm called Theranos. Real-Time Cures was the company’s original moniker before it was changed to Theranos.

Because of her phobia of needles, Holmes was motivated to start the firm she did. She had grand plans to transform the whole blood testing industry by relying on surprisingly few blood samples. Need to Look into Rupert Murdoch’s Wealth.

Because she was a passionate fan, Elizabeth Holmes became well-known for making headlines by dressing up like Steve Jobs. In 2004, she brought in $6 million more for the business. The figure has risen to $92 million by 2010. Forbes reported an overall $9 billion valuation for the firm in 2015.

Note: She amassed more riches than any other woman in history without anybody else’s help, and she became the first female billionaire. In the same year, however, reports surfaced that hinted at investment fraud on the part of the firm.

Billy Evans Family

Evans got a bachelor’s degree in economics in 2015 from the Massachusetts Institute of Technology Department of Economics. As seen on his LinkedIn page, Evans spent his summers working at several financial and consulting organizations in California. Student brand manager for Red Bull during his tenure at MIT.

There have been multiple generations of Evans in San Diego. Evan’s Hotels was founded in 1953 by Billy Evans’ grandparents, Anne and William D. Evans, who were Billy’s great-grandparents on his father’s side. The group is responsible for three separate properties in the San Diego region.

Billy Evans Married Life

Former US biotech entrepreneur Elizabeth Holmes is Mr. Evans’ wife. When we last saw Billy Evans and Elizabeth Holmes, they held hands at Burning Man in August 2018.

The engagement of Billy Evans and Elizabeth Holmes was celebrated in a small, intimate ceremony in the middle of 2019. William Holmes Evans, born to Billy Evans and Elizabeth Holmes on July 10, 2021, is the name of the child, according to many news outlets.

FAQs

Some related questions are given below:

1 - Which family now resides in the Elizabeth Holmes home?

Reportedly, she and her partner, Billy Evans, and their newborn baby reside in a 74-acre, $135 million house on the legendary Green Gables estate in Woodside, California. Evans studied mathematics and technology at the Massachusetts Institute of Technology and is the son of hotel tycoon Bill Evans of southern California.

2 - How much did Walgreens lose with Theranos?

According to sources from The Wall Street Journal, the two businesses negotiated a provisional settlement in June, with Theranos agreeing to pay Walgreens less than $30 million.

3 - What hotels are owned by the Evans family?

Evans Hotels, founded by Evans’ parents, William D. and Anne, owns and runs many hotels in Mission Bay, including the Bahia Resort Hotel in Mission Beach, the Catamaran Resort Hotel and Spa in Pacific Beach, and The Lodge at Torrey Pines in La Jolla.

4 - In other words, what does Billy Evans do for a living?

Evans served as a Manager of Special Projects at Luminar Technologies, a manufacturer of sensors for autonomous vehicles, from February 2017 to January 2019.

5 - When did Theranos become effective?

There just wasn’t any way to do that at the time. Despite the company’s grand claims, Theranos could not successfully test a single drop of blood using its gadget. Elizabeth Holmes, the business’s charismatic founder, and Sunny Balwani, its former president, were arrested for fraud two years after the company shut down its laboratories.

6 - Where is sunny Theranos now?

Holmes is out on bond and faces around 20 years in jail if convicted. In addition to paying millions of dollars in damages to his victims, Balwani may spend up to 20 years in jail. Theranos was originally valued at $9 billion (£7.5 billion), but its business model relied on ineffective blood testing technologies.

7 - Who lost the most money in Theranos?

According to the Wall Street Journal, some wealthy families have suffered losses, including the Devos with an estimated $100 million, the Murdochs with $125 million, and the Waltons with $150 million.

8 - Who owns the Evans Hotel Group?

One of Southern California’s great success stories in tourist business is now led by Anne Evans and her grown children, Bill Evans and Grace Evans Cherashore. They have high aspirations for the industry’s future.

9 - How reliable were tested from Theranos?

More than 10% of all Theranos blood test results were later discarded or rectified after being sold to more than 1.5 million Arizona residents between 2013 and 2016.

10 - What’s Elizabeth Holmes’s net worth, if any?

In 2014, at the age of 30, Holmes was worth $4.5 billion, making her the youngest self-made woman billionaire in the world, according to Forbes. In 2015, doubts were cast on Theranos’ technological prowess after The Wall Street Journal reported that the company had been exploiting the equipment of other businesses.

Conclusion

Holmes, who had a $4.5 billion net worth in their late 20s (half of the company’s $9 billion value), fell from favor amid fraud allegations. Her net worth has fallen due to Theranos’ collapse and litigation fees. Elizabeth Holmes is a millionaire entrepreneur. Elizabeth Holmes is a successful American entrepreneur. Holmes was once considered the next great thing in IT and anticipated to succeed. She was Theranos’ founder and CEO.

Elizabeth Holmes’s Husband’s net worth is $8-10 million USD. Elizabeth Holmes was the youngest self-made millionaire in 2014 when she founded Theranos.lizabeth Holmes
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Elizabeth Holmes
American entrepreneur
By The Editors of Encyclopaedia Britannica • Last Updated: Jul 21, 2022 • Edit History
Elizabeth Holmes, (born February 3, 1984, Washington, D.C.), American entrepreneur who was founder and CEO (2003–18) of the medical diagnostic company Theranos Inc. In 2014 she was dubbed the world’s youngest self-made woman billionaire, but, by June 2016, estimates of her net worth had fallen dramatically in light of serious questions related to Theranos’s business practices and her 50 percent stake in the company. Holmes was forced to relinquish control of Theranos in 2018, and four years later she was convicted of defrauding investors.Holmes, the daughter of a U.S. government aid worker and a congressional committee staffer, grew up in Washington, D.C., and Houston, Texas, and spent time in China during high school. While there she started a business selling computer software to universities in Asia. After Holmes returned to the U.S., she pursued a degree in electrical and chemical engineering at Stanford University.During a summer break from her studies at Stanford, Holmes took a job at the Genome Institute of Singapore to work on a computer chip designed to detect the presence of the SARS virus in the body. She then became interested in developing more-efficient medical devices that could improve upon traditional diagnostic testing and therapeutic assessment. Upon her return to Stanford, Holmes patented a device that attached to a person’s body and measured the effectiveness of a given medication by comparing parameters of chemical markers produced by a diseased region with those of the therapeutic agent.

She left Stanford during her sophomore year to launch Theranos, a company devoted to developing minimally invasive laboratory testing services, serving as the company’s founder (2003) and later as the company’s CEO. Theranos produced its first offering in 2014, a laboratory testing process that claimed to run more than 1,000 medical tests on an individual after collecting only a few drops of blood—a technology capable of revolutionizing medical data collection.

Theranos maintained that it was improving laboratory blood collection and testing by miniaturizing and automating the process. Traditional blood testing relied on drawing 5–10 ml (0.17–0.34 fluid ounce) of blood through a large needle to fill one tube for each test requested by a physician. That process was often painful for patients and costly for insurance carriers, and experts worried that the procedure had dissuaded patients who were young, were elderly, or possessed a genuine fear of needles from getting their blood work done in a timely manner. Laboratory data was one of the key tools physicians used to help patients make informed decisions about care. Theranos’s process, on the other hand, asserted that a far smaller sample (a few drops taken from a pinprick of a finger) was sufficient to provide the raw material for the company’s diagnostic tests, and the procedure was shown to be far less painful and costly than traditional testing.

Between 2003 and 2014, Holmes grew Theranos by securing funding from investors, building infrastructure, and developing the company’s proprietary processes in secret. In 2013 Walgreen Co., which boasted more than 8,000 drugstores in the U.S., announced that it had partnered with Theranos to establish wellness centres inside its Walgreens pharmacies. By 2014 Theranos had provided more than 200 diagnostic tests, was licensed to operate in almost all 50 U.S. states, and held a certification by the U.S. Centers for Medicare & Medicaid Services (CMS), the federal regulator overseeing medical laboratories.

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By late 2015 Theranos’s proprietary technologies and its primary medical testing device, the Edison, had become the subject of controversy after a series of articles by reporters from The Wall Street Journal, The Washington Post, and other outlets argued that Theranos had exaggerated the Edison’s competence, noting that the medical device was being used for only a fraction of the company’s tests, despite claims to the contrary made by Holmes. Other questions concerning the company and its secretive processes soon appeared, which ranged from Theranos’s decision to release aggregate testing data (rather than primary testing data) to the U.S. Food and Drug Administration to compliance problems with the company’s Newark, California, laboratory. Theranos was also under scrutiny for its substantial delays in giving federal authorities full access to its medical devices and subjecting its devices and technologies to scientific peer review.

In July 2016 CMS notified Theranos that the company had failed to provide adequate documentation showing that it had corrected its previous errors and complied with federal regulations, and thus CMS blocked Theranos from receiving reimbursements from Medicare and Medicaid and forbade Holmes from possessing or operating a medical laboratory for two years. In March 2018 the U.S. Securities and Exchange Commission (SEC) charged Holmes and Theranos’s former president, Ramesh (“Sunny”) Balwani, with fraud by taking more than $700 million from investors while advertising a false product. Holmes settled the charges with the SEC by agreeing to pay a fine of $500,000, surrendering almost 19 million shares in Theranos to relinquish her controlling interest in the company, and consenting to be barred from serving as either an officer or a director of a public company for a period of 10 years. In exchange, both Holmes and Theranos were able to avoid either admitting or denying the SEC’s allegations against them. In June 2018, however, she and Balwani were indicted for wire fraud by federal authorities. That same day Holmes stepped down as CEO, and later that year Theranos ceased operations.

Beginning in August 2021, Holmes was tried in a federal court on 11 counts of fraud, and in January 2022 she was convicted on four counts of defrauding investors: three counts of wire fraud and one count of conspiracy to commit wire fraud. The jury found her not guilty on four counts of defrauding patients, and it failed to reach a verdict on the remaining counts. Later in 2022 Balwani went on trial, and he was also found guilty of wire fraud and conspiracy to commit wire fraud.

The Editors of Encyclopaedia Britannica
This article was most recently revised and updated by Amy Tikkanen.
Steve Jobs
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Steve Jobs
American businessman
Alternate titles: Steven Paul Jobs
By Steven Levy • Last Updated: Aug 30, 2022 • Edit History
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Steve Jobs, in full Steven Paul Jobs, (born February 24, 1955, San Francisco, California, U.S.—died October 5, 2011, Palo Alto, California), cofounder of Apple Computer, Inc. (now Apple Inc.), and a charismatic pioneer of the personal computer era.

Steve Jobs
Steve Jobs
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Born: February 24, 1955 San Francisco California
Died: October 5, 2011 (aged 56) Palo Alto California
Founder: Apple Inc. NeXT Inc.
Awards And Honors: Presidential Medal of Freedom (2022)
Founding of Apple
Jobs was raised by adoptive parents in Cupertino, California, located in what is now known as Silicon Valley. Though he was interested in engineering, his passions of youth varied. He dropped out of Reed College, in Portland, Oregon, took a job at Atari Corporation as a video game designer in early 1974, and saved enough money for a pilgrimage to India to experience Buddhism.

Apple I
Apple I
Back in Silicon Valley in the autumn of 1974, Jobs reconnected with Stephen Wozniak, a former high school friend who was working for the Hewlett-Packard Company. When Wozniak told Jobs of his progress in designing his own computer logic board, Jobs suggested that they go into business together, which they did after Hewlett-Packard formally turned down Wozniak’s design in 1976. The Apple I, as they called the logic board, was built in the Jobses’ family garage with money they obtained by selling Jobs’s Volkswagen minibus and Wozniak’s programmable calculator.

Jobs was one of the first entrepreneurs to understand that the personal computer would appeal to a broad audience, at least if it did not appear to belong in a junior high school science fair. With Jobs’s encouragement, Wozniak designed an improved model, the Apple II, complete with a keyboard, and they arranged to have a sleek, molded plastic case manufactured to enclose the unit.

computer chip. computer. Hand holding computer chip. Central processing unit (CPU). history and society, science and technology, microchip, microprocessor motherboard computer Circuit Board
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Though Jobs had long, unkempt hair and eschewed business garb, he managed to obtain financing, distribution, and publicity for the company, Apple Computer, incorporated in 1977—the same year that the Apple II was completed. The machine was an immediate success, becoming synonymous with the ■■■■ in personal computers. In 1981 the company had a record-setting public stock offering, and in 1983 it made the quickest entrance (to that time) into the Fortune 500 list of America’s top companies. In 1983 the company recruited PepsiCo, Inc., president John Sculley to be its chief executive officer (CEO) and, implicitly, Jobs’s mentor in the fine points of running a large corporation. Jobs had convinced Sculley to accept the position by challenging him: “Do you want to sell sugar water for the rest of your life?” The line was shrewdly effective, but it also revealed Jobs’s own near-messianic belief in the computer revolution.

During that same period, Jobs was heading the most important project in the company’s history. In 1979 he led a small group of Apple engineers to a technology demonstration at the Xerox Corporation’s Palo Alto Research Center (PARC) to see how the graphical user interface could make computers easier to use and more efficient. Soon afterward, Jobs left the engineering team that was designing Lisa, a business computer, to head a smaller group building a lower-cost computer. Both computers were redesigned to exploit and refine the PARC ideas, but Jobs was explicit in favouring the Macintosh, or Mac, as the new computer became known. Jobs coddled his engineers and referred to them as artists, but his style was uncompromising; at one point he demanded a redesign of an internal circuit board simply because he considered it unattractive. He would later be renowned for his insistence that the Macintosh be not merely great but “insanely great.” In January 1984 Jobs himself introduced the Macintosh in a brilliantly choreographed demonstration that was the centrepiece of an extraordinary publicity campaign. It would later be pointed to as the archetype of “event marketing.”

However, the first Macs were underpowered and expensive, and they had few software applications—all of which resulted in disappointing sales. Apple steadily improved the machine, so that it eventually became the company’s lifeblood as well as the model for all subsequent computer interfaces. But Jobs’s apparent failure to correct the problem quickly led to tensions in the company, and in 1985 Sculley convinced Apple’s board of directors to remove the company’s famous cofounder.

NeXT and Pixar
Jobs quickly started another firm, NeXT Inc., designing powerful workstation computers for the education market. His funding partners included Texan entrepreneur Ross Perot and Canon Inc., a Japanese electronics company. Although the NeXT computer was notable for its engineering design, it was eclipsed by less costly computers from competitors such as Sun Microsystems, Inc. In the early 1990s Jobs focused the company on its innovative software system, NEXTSTEP.

Meanwhile, in 1986 Jobs acquired a controlling interest in Pixar, a computer graphics firm that had been founded as a division of Lucasfilm Ltd., the production company of Hollywood movie director George Lucas. Over the following decade Jobs built Pixar into a major animation studio that, among other achievements, produced the first full-length feature film to be completely computer-animated, Toy Story, in 1995. Pixar’s public stock offering that year made Jobs, for the first time, a billionaire. He eventually sold the studio to the Disney Company in 2006.

Elizabeth Holmes Husband Net Worth