BusinessForbes Estimates Theranos Founder's Net Worth Now Zero
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Forbes Estimates Theranos Founder's Net Worth Now Zero
Forbes had named her the richest self-made woman in US last year
She is the founder of health technology company Theranos
Her company has been under investigation by several federal agencies
In 2015, Forbes had named Elizabeth Holmes the richest self-made woman in America
Forbes magazine on Wednesday reduced its estimate of the net worth of Elizabeth Holmes, the founder and chief executive of health technology company Theranos Inc, to zero from $4.5 billion (nearly Rs 30,000 crore) last year.
Holmes' blood-testing company has been under investigation by several federal and state agencies and was accused in a suit filed last week of endangering customer health through "massive failures" that misrepres...