Where is Elizabeth Holmes, Therano’s founder, now?

Elizabeth Holmes, the former CEO of Biotech Startup Theranos, earns time after being found guilty of fraud.

Holmes was Originally doomed to over 11 years in May 2023 after being found guilty of four censuses of wire fraud in January 2022. Months into her criminal shed, A judge shortened his sentence by two years.

She first got notorious to become the youngest woman’s self -made billionaire. In 2003, she dropped out of Stanford and started Theranos, a Silicon Valley technology company with the goal of diagnosing medical conditions with a simple pin prick of blood. Her saga was depicted in the Hulu drama “The Dropout.”

After spending about two years in prison, Holmes gave his first interview in 2025 and told People That she maintains her innocence and is separated from her two children “crushing my world.”

Here is an overview of Holmes’ business history and legal struggle through today.

2003: Holmes Founder Theranos, a seemingly revolutionary blood test start

Holmes, 19 at the time, used the money intended for his Stanford teaching to launch Theranos in 2003. The name is a portmanteau of “therapy” and “diagnosis.”

To Seed Theranos, Holmes sold investors on an attractive idea: She wanted to “democratize” medical blood test with a machine called Edison. The device she promised could run over 200 blood tests using a pinprick’s value of blood.

Holme’s concept net her abundant press coverage and prestige. In 2015 was Holmes named one of Time Magazines 100 most influential people. Theranos got $ 900 million in investments from like Walgreens as well as Walmart and Cox Communications heirs. In 2014, Theranos was valued at $ 9 billion.

2015: Theranos goes under

In 2015, however, the biotech empire came down.

Allegations from previous Theranos -staff and an exposure published by The Wall Street Journal Detailed how Theranos manipulated research and targeted overlooked failed quality control controls.

Whistleblowers – including Former Theranos -employee Tyler ShulzThe grandson of the former Secretary of State and Theranos board member George Shultz – claimed that the company’s Edison Machine was far from able to do what the world thought it could.

2021: Elizabeth Holmes has a son with her partner, Billy Evans

During the trial, Holmes was often photographed walking hand in hand with his partner, Billy Evans.

Holmes was first seen with Evans at Burning Man Festival in 2018, per. New York Times. Evans is a candidate from the Massachusetts Institute of Technology. His father, Bill Evans, owns and operates Evans Hotels, a number of San Diego-based resorts founded by his parents.

According to the New York Times, Holmes had a child with Evans in July 2021.

2022: Elizabeth Holmes is found guilty of fraud

Holmes Criminal trial began In September 2021. Holmes, then 37, did not plead guilty of 11 charges of fraud. Today, she maintains her innocence.

The jury tried to determine whether Holmes deliberately deceived patients and investors about the effectiveness of Theranos’ Edison and Minilab blood testing machines, or whether she was really uninformed about the Foibles of the Lab technology, which she attested.

During the 15-week trial, jurist heard about 30 witnesses, including Theranos employee and Whistleblower Erika Cheungand from Holmes himself who witnessed Over seven days.

In January 2022, Holmes was found guilty On four out of the 11 charges, all of which were related to scams investors.

Theranos’ Ramesh “Sunny” Balwani was facing the same charges as Holmes.

Balwani, called “Sunny”, made his fortune during the Dot-Com boom in the 90s and later worked with Holmes as CEO of Theranos. Balwani, 59, was indicted for the same 11 fraud charges as Holmes as he also has did not promise guilty.

As “The Dropout” shows, Holmes and Balwani had a romantic relationship that began before they were colleagues in Theranos, and continued during their tenure at the start. In his testimony, Holmes accused Balwani of emotional and sexual abuse It took place during the relationship.

2022: Elizabeth Holmes is sentenced to over 11 years in prison, Sunny sentenced to 13 years

In November 2022, Holmes was sentenced to 11 years and three months in prison after finding guilty of federal fraud in January of that year.

Balwani was sentenced to 13 years in prison, two years longer than Holmes. The harsher phrase came down to “his experience of running other companies” per. NBC News.

2023: Holmes’ daughter is born

Holmes and Evans’ second child, a daughter named Invicta, was born in 2023.

2023: Elizabeth Holmes begins to serve his prison sentence

Holmes began to serve his 11-year-old prison sentence in May 2023. Just months into his time behind the pillars ordered a judge that Holmes’ could be released two years earlier, NBC News reported.

From July 2023, Holmes had an expected release date on December 29, 2032, which put her about two years ahead of her planned release.

At the time, a spokesman NBC News told inmates to earn good behavior, while others are eligible for an early released based on other mechanisms. The spokesman would not provide additional information due to “privacy, security and security reasons.”

Less than a year later, Holmes was ordered to be released two months before that. NBC News reported in May 2024 that Holmes’ updated released date was moved to August 16, 2032.

2025: Elizabeth Holmes gives his first interview from prison

Holmes talked to People For an interview published in 2025. In the interview, Holmes described his time in prison as “Hell and Torture.”

She told the publication that she continues to preserve her innocence and said, “I refused to plead guilty of crimes that I did not commit. Theranos failed. But failure is not fraud. ”

Holmes also reflected on starting a family in the middle of her legal battles. She remembered to ask Evans ”20 times if he would spend his life with me. There were a million reasons why not. ”

Being separate from her children “crushing her world,” she said.

“The people I love most have to go away while I stand here, a prisoner, and my reality sinks in,” she said.