Elizabeth Holmes is an infamous former biotechnology entrepreneur and convicted fraudster. She is best known for being the founder and former CEO of Theranos, a now-defunct health technology company that claimed to have revolutionized blood testing by developing methods that could use small volumes of blood from a finger prick.
Her rise and fall in the Silicon Valley have been well-documented, but not much is known about her current husband, Billy Evans. This article will explore Elizabeth Holmes’ personal life and her relationship with her husband, with a focus on how her romantic relationships have impacted her career.
Elizabeth Holmes Is Currently Married To Billy Evans
In 2019, Elizabeth Holmes married Billy Evans, but little is known about their relationship. The two reportedly met as Theranos was collapsing, and they got serious quickly, moving into a San Francisco apartment together. They married in a secret ceremony in 2019 and had a baby together in 2021.
Holmes’ pregnancy and motherhood have become a point of discussion in the media, as she has been using it to delay the start of her prison sentence for her role in defrauding investors in Theranos. Holmes was convicted by a federal jury in January 2022 on three counts of wire fraud and one count of conspiracy to commit wire fraud, and she was sentenced to 11 years and three months in prison.
The surrender date of April 27, 2022, was initially afforded Holmes to remain out of custody for the delivery of her second child. Holmes has since been denied a request to remain out of prison while she appeals her conviction.
Meet Billy Evans
Billy Evans was the former Chief Financial Officer (CFO) of Theranos, a now-defunct blood testing company founded by Elizabeth Holmes. Evans joined Theranos in 2006 and was responsible for overseeing the company’s finances. He played a key role in raising funds for the company, which at its peak was valued at $9 billion.
However, following the exposure of Theranos’ fraudulent practices, Evans was indicted on charges of fraud and conspiracy. He pleaded not guilty and is currently awaiting trial. Prior to his time at Theranos, Evans had held various financial roles at companies such as VeriSign and Charles Schwab.
Elizabeth Holmes’ Previous Romantic Relationship
Elizabeth Holmes met her former boyfriend and former Theranos executive, Ramesh “Sunny” Balwani, in 2002 during a trip to Beijing as part of Stanford University’s Mandarin program. Holmes was only 18 years old at the time, and Balwani was 19 years older than her and was still married to another woman. Balwani divorced his wife in 2002 and became romantically involved with Holmes in 2003, around the same time Holmes dropped out of university. The couple moved into an apartment together in 2005, and although Balwani did not officially join Theranos until 2009, he advised Holmes behind the scenes from the company’s inception.
Holmes and Balwani jointly ran the company with a corporate culture of “secrecy and fear” according to employees. Their romantic relationship was kept secret for much of their time running the company. Balwani left Theranos in 2016 amid investigations, and the circumstances of his departure are unclear. Holmes has stated that she fired him, but Balwani says he left of his own accord.
Impact Of Elizabeth Holmes’ Relationships on her Career
Elizabeth Holmes’ romantic relationships have had a significant impact on her career, particularly her relationship with Balwani. The two ran Theranos together with a culture of secrecy and fear, and their romantic relationship was kept hidden from the public eye. This lack of transparency and honesty about their relationship and the state of Theranos ultimately led to the downfall of the company and Holmes’ conviction for defrauding investors.
Holmes’ relationship with Balwani has also been subject to scrutiny during her trial. Balwani was indicted alongside Holmes but was tried separately, and he was found guilty of wire fraud and conspiracy to commit wire fraud in July 2022. The prosecution argued that Balwani and Holmes had engaged in a “romantic partnership of fraud,” with Balwani serving as Holmes’ enforcer, who oversaw the day-to-day operations of Theranos and enforced her directives with threats and intimidation.