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Kylie Jenner isn't the only young, female self-made billionaire who's ever made headlines. Before she fell from grace, Elizabeth Holmes was given the same title by Forbes for founding the health tech company Theranos at age 19 and hitting a 10-digit worth by age 30. She and her team developed a device that streamlined medical testing by requiring no more than a small amount of blood. The innovative technology didn't actually work, but Holmes deceived investors, journalists, and thousands of patients before her Silicon Valley legacy collapsed. HBO is bringing the story to the small screen with The Inventor: Out For Blood in Silicon Valley, which premieres on March 18. Before you watch, here's the down-low on Holmes.
Born in Washington DC, Holmes grew up connected with high-profile names. Her father, Christian Holmes IV, was the vice president of Enron, and her mother, Noel Daoust, was a foreign policy and defense aide on Capitol Hill. Her parents were invested in their daughter's future. They even tried a "back-door" technique to get her into Stanford, enrolling her in a Chinese Summer program as a high school student after hearing that it improved chances of admission.
Holmes - College - Days - Stanford - Entrepreneurs
Holmes's college days at Stanford echo those of tech entrepreneurs, such as Bill Gates and Mark Zuckerberg. A chemical engineering student, she dropped out at age 19 in 2004 to create her company with little professional and technical knowledge. Before leaving, Holmes filed a patent application for a wearable drug-delivery patch. She used her tuition money as seed funding for a consumer healthcare company that would become Theranos (a combination of therapy and diagnosis). Scientists questioned her idea, which was to...
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