NewsWho is Elizabeth Holmes and reason behind why she...

Who is Elizabeth Holmes and reason behind why she is on trial?


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She was “the world’s youngest self-made female billionaire”, trumpeted Forbes magazine. The “next Steve Jobs”, said Inc, another business magazine that put her on the cover.

The 30-year-old Elizabeth Holmes was having the time of her life in 2014. Having dropped out of Stanford University, she founded a company valued at $9bn (£6.5bn) on the grounds that she would bring about a revolution in medical diagnosis.

Edison would require just a few drops of blood to detect conditions such as cancer and diabetes quickly without the hassle of needles, according to Theranos. Huge names like Henry Kissinger and Rupert Murdoch invested.

As of 2015, her seams were coming apart, and she was revealed as a fake within a year. By 2018, her startup company, which she founded, had collapsed because the technology she touted did not work.

According to the government, Holmes faces up to 20 years in prison if convicted on the 12 fraud charges against her. Her side of the story has never been told before.

She is expected to plead not guilty at her trial beginning next month, US v Elizabeth Holmes, et al.

Additionally, it turned out this weekend that her lawyers will contend that her ex-boyfriend and business partner, Manesh “Sunny” Balwani, abused and controlled her emotionally at the time of the alleged crimes, impairing her mental state.

According to Mr Balwani, the allegations are “outrageous.” Jurors must decide whether the woman who fooled everyone from statesmen to secretaries should be judged with sympathy or harshly.

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Varnit Bhardwaj
Varnit Bhardwaj Is a Senior Content Writer, Reader, And Content Creator. He Has Always Loved Writing About Movies And TV Shows

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