Once praised as a creative businesswoman, Elizabeth Holmes gained notoriety as the CEO and founder of the now-defunct biotech startup Theranos. Born in Washington, D.C., on February 3, 1984, Holmes wowed the globe with her ground-breaking blood-testing apparatus. But her enterprise collapsed amid accusations of fraud and deceit, resulting in court disputes and public scrutiny.
Although Holmes’s career has received a lot of attention, little is known about her family, especially her parents. Given the controversies surrounding her, deciphering the intricacies of Elizabeth Holmes’s story requires an understanding of her parents’ past and influence.
Who is Elizabeth Holmes?
American biotechnology businesswoman Elizabeth Anne Holmes was found guilty of fraud in relation to her blood-testing startup, Theranos. She was born on February 3, 1984.
After claiming to have revolutionized blood testing by creating techniques that required only extremely small volumes of blood, as from a fingerprick, the company’s price skyrocketed.
Based on the $9 billion value of her company, Forbes declared Holmes the youngest and wealthiest female self-made billionaire in the United States in 2015. The following year, Fortune featured Holmes in a feature article titled “The World’s 19 Most Disappointing Leaders,” and Forbes reduced its estimate of Holmes’s net worth to zero when fraudulent accusations about Theranos started to surface.
Elizabeth Holmes Parents
Elizabeth, the daughter of Christian Holmes IV and Noel Anne Daoust, both from prominent families, was born in Washington, D.C., in 1984. Elizabeth’s father, who was once a vice president at Enron, now worked for government agencies, while her mother, Noel, was a foreign policy and defense aide on Capitol Hill.
Richard Fuisz, the father of Joseph Fuisz, who allowed the Holmes family to reside in one of their properties, is said to have assisted Christian after Enron’s collapse. (Elizabeth Holmes would sue Richard Fuisz for a patent dispute years later.)
Growing up, Holmes’s family moved around a lot, which made it hard for her to stay friends. Elizabeth knew her father felt terrible at one point when the family moved to Texas for her father’s new job.
Elizabeth is said to have written him a letter saying, “What I really want out of life is to discover something new, something that mankind didn’t know was possible to do.” Elizabeth was nine years old at the time.
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Elizabeth Holmes’ Personal Life
Holmes had a love relationship with Ramesh “Sunny” Balwani, a Pakistani-born technology entrepreneur who first moved to India and subsequently the US. In 2002, she went to Beijing as part of Stanford University’s Mandarin program and met him there.
Balwani, who is 19 years older than Holmes and was married to a different lady at the time, was not married to Holmes, who was 18 at the time and had just graduated from high school.
Early in 2017, Holmes got to know William “Billy” Evans. Early in 2019, Holmes announced his engagement to Evans, the 27-year-old heir apparent to the family’s collection of San Diego-area hotels, Evans Hotels.
Holmes and Evans supposedly tied the knot in a secret ceremony in the middle of 2019. Although Holmes and Evans have not explicitly said if they are legally wed, he is still referred to as her “partner” in a number of outlets, not her husband.
In July 2021, Holmes gave birth to a son. Weeks before her sentencing hearing in October 2022, there came news that she was expecting her second child. A February 2023 court petition claims that Holmes was accused of having a second child in order to postpone the beginning of her prison sentence.
Holmes refuted this, claiming that she intended to expand her family and that she was unaware that the child would be born prior to her indictment. She and her partner resided in Woodside, California’s Mortimer Fleishhacker House, before she was imprisoned.
