In 2015, Elizabeth Holmes was named the youngest and wealthiest self-made female billionaire in America by Forbes. By 2019, her net worth was reduced to zero. So what happened that caused everything to come crashing down for this promising young entrepreneur?
Fraud, an inner-office romance, and a delusional mindset are just a few of the things revealed as we take a closer look at the woman who managed to raise $900 million for her start-up and lost it all.
Holmes Had A Promising Future But Dropped Out of College
Elizabeth Holmes was born into a wealthy family in Washington D.C. where her father worked as the Vice President of Enron and her mother worked for Congress as a committee staffer. It was clear from an early age that Holmes was bright, and before she even completed high school, she was attending programs at Stanford University.
She pursued her interests in chemical engineering and healthcare technology but dropped out of Stanford before graduating. Holmes decided to take her tuition money and put it towards starting her own business instead.