Last March, HBO released a tell-all documentary about Theranos called The Inventor: Out for Blood in Silicon Valley. However, love may be all she has as the noose tightens. Friends say it is something of an engagement ring, according to The Daily Mail. And Holmes wears his MIT signet ring around her neck.
They are rarely seen without each other, often accompanied by her husky Balto. Now, he is Holmes’ co-accused.īut the crash-and-burn entrepreneur and her new husband are putting on displays of affection even in these dire days that could trigger a diabetic coma. She was 18, days from her high school graduation and he was 37 and married.īalwani dumped his Japanese artist wife in short order. Holmes - who flaunts his hipster style - is different from Holmes’ ex-boyfriend, former Theranos president Ramesh ‘Sunny’ Balwani. “The media has it all wrong about her,” he reportedly told pals. Try refreshing your browser, or tap here to see other videos from our team.īut the young heir has reportedly told his family that the media, the feds, irate investors… are wrong. “His family is like, “What the f- are you doing?” It’s like he’s been brainwashed,” a source told the New York Post, adding that the relationship is already destroying his “social value”.
None of this is sitting well with his shocked, image-conscious parents. Pacific coast.Īnd while he graduated from prestigious MIT in 2015, in recent days he’s been exhibiting blond ambition, spending all his time with Holmes. She has maintained her innocence and pleaded not guilty.Įvans is the heir to the Evans Hotel Group which owns three sprawling resort properties on the U.S. She claimed her machine - called Edison - could provide comprehensive blood tests by analyzing a single drop of blood.Īt its peak, Theranos had a $9-billion valuation.īut in late 2018, the feds shut the company down claiming it was all an elaborate scam. Can you get this one baby? Newsome twosome, disgraced Theranos founder Elizabeth Holmes and hotel heir Billy Evans. Holmes faces 11 criminal felony charges at her trial, including wire fraud and conspiracy, stemming from allegations she covered up her company’s faulty blood testing technology and swindled investors out of hundreds of million of dollars.
With her black turtle necks, she channeled Apple founder Steve Jobs as she sold her company, Theranos, with a messianic fervour.Īnd then its came crashing down in a mushroom cloud of scandal. Holmes’ rise was meteoric: In 2014, she was the youngest female billionaire in the world. It rapidly rose to fame due to claims it had developed blood tests that only needed small amounts of blood.Īt its peak in 2013-14, the company was valued at nearly $US10 billion ($A14 billion), and the young entrepreneur had a personal net worth of $US4.5 billion ($A6.3 billion).īut when Wall Street Journal investigative reporter John Carreyrou started investigating Theranos in 2015, he helped uncover the company’s many false claims.This advertisement has not loaded yet, but your article continues below.
Theranos was a seemingly groundbreaking biotech company founded by a then 19-year-old Ms Holmes in 2003. “I think I mishandled the entire process of The Wall Street Journal reporting,” Ms Holmes told the court. Ms Holmes has also denied retaliation against “disgruntled” former employees who became valuable sources for The Wall Street Journal investigation into Theranos.
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The prosecution has claimed this act violated contracts with the companies in question.ĭuring the trial, the court has also been shown messages between the former couple, in which Mr Balwani outlines concerns with Theranos and advice on how to fix them. She has also admitted to personally adding the logos of pharmaceutical companies, including Pfizer, to documents sent to business contacts and investors without the firms’ permission. Meanwhile, the now-married mother-of-one also told the court she could not remember details prosecutors alleged Theranos used to keep whistleblowers quiet, and denied the company tried to intimidate Mr Carreyrou during his investigations into the firm. She also claimed to have been raped by an unknown attacker while a student at Stanford, which influenced her decision to drop out. Mr Balwani’s lawyers have denied the abuse allegations. Picture: Justin Sullivan/Getty Images/AFP Lawyers for former Theranos COO Ramesh ‘Sunny’ Balwani have denied the abuse allegations.
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