All through Elizabeth Holmes‘ many controversies, one man has stood by the Theranos’ founder’s facet: her husband, Billy Evans.
In 2003, Holmes founded Theranos, a $9 billion Silicon Valley biotechnology start-up firm. She claimed the corporate had revolutionized blood-testing know-how to diagnose a mess of ailments with just some drops of blood. In 2015, nevertheless, the reality got here out — Theranos’ know-how didn’t work. Per a Wall Street Journal exposé, firm executives manipulated analysis and swindled traders out of a staggering $700 million.
Three years later, in March 2018, the U.S. Securities and Exchange Commission (SEC) charged Theranos, Holmes and former Theranos President Ramesh “Sunny” Balwani — Holmes’ ex-boyfriend — with deceiving traders by “an elaborate, years-long fraud,” by false or exaggerated statements concerning the accuracy of the corporate’s blood-testing know-how, in addition to Theranos’ enterprise and monetary efficiency. Balwani, for his half, was convicted of fraud in July 2022 on 12 felony counts of defrauding each Theranos traders and sufferers.
Holmes was convicted by a California jury in January 2022 on 4 counts of wire fraud. Eleven months later, she was sentenced to 11 years and three months in prison, per a number of shops. The disgraced tech guru additionally faces three years of supervision upon her launch and should pay a $100 high quality per every fraud conviction.
Regardless of all of the chaos, nevertheless, Evans stays a devoted husband to the previous CEO.
Scroll all the way down to study extra about Holmes’ husband:
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Theranos Founder Elizabeth Holmes’ Husband: Every thing to Know About Billy Evans
All through Elizabeth Holmes‘ many controversies, one man has stood by the Theranos’ founder’s facet: her husband, Billy Evans.
In 2003, Holmes founded Theranos, a $9 billion Silicon Valley biotechnology start-up firm. She claimed the corporate had revolutionized blood-testing know-how to diagnose a mess of ailments with just some drops of blood. In 2015, nevertheless, the reality got here out — Theranos’ know-how didn’t work. Per a Wall Street Journal exposé, firm executives manipulated analysis and swindled traders out of a staggering $700 million.
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Three years later, in March 2018, the U.S. Securities and Exchange Commission (SEC) charged Theranos, Holmes and former Theranos President Ramesh “Sunny” Balwani — Holmes’ ex-boyfriend — with deceiving traders by “an elaborate, years-long fraud,” by false or exaggerated statements concerning the accuracy of the corporate’s blood-testing know-how, in addition to Theranos’ enterprise and monetary efficiency. Balwani, for his half, was convicted of fraud in July 2022 on 12 felony counts of defrauding each Theranos traders and sufferers.
Holmes was convicted by a California jury in January 2022 on 4 counts of wire fraud. Eleven months later, she was sentenced to 11 years and three months in prison, per a number of shops. The disgraced tech guru additionally faces three years of supervision upon her launch and should pay a $100 high quality per every fraud conviction.
Regardless of all of the chaos, nevertheless, Evans stays a devoted husband to the previous CEO.
Scroll all the way down to study extra about Holmes’ husband:
Credit score: JOHN G MABANGLO/EPA-EFE/Shutterstock
Who Is Billy Evans?
Evans grew up close to San Diego and attended Massachusetts Institute of Expertise (MIT), the place he earned a Bachelor’s diploma in Economics in 2015.
As soon as he graduated, Evans tried to create a luxurious healthcare start-up that will transport prosperous Chinese language shoppers to the US for concierge medical consideration, with facilities like chauffeured automobile companies, lovely motels and top-notch well being care, New York Post reviews — although the mission by no means got here to fruition.
The tech guru’s first official job out of college was at LinkedIn, the place he was a technique and analytics management program analyst from July 2015 to 2017. He then moved on to Luminar Applied sciences, which produces sensors for self-driving automobiles, taking up the function of supervisor of particular initiatives. He was working there when he and Holmes started their relationship.
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How Did Elizabeth Holmes Meet Billy Evans?
The couple met at a 2017 get together within the San Francisco Bay Space, about two years after Elizabeth’s fraud had been uncovered. The resort inheritor advised buddies that she was nothing like how she had been portrayed within the media.
“Days later, I used to be hanging out with Billy and he mentioned, ‘You received’t imagine who I met! She’s not because the articles painting her to be,” a colleague told the New York Post.
Minimize to 2019, and the 2 have been engaged. Evans proposed together with his school ring from MIT as a substitute of going the extra conventional diamond route. The resort inheritor all the time wore his class ring on his pinky finger — it was extremely particular to him, and now, he was giving it to her.
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When Did Elizabeth Holmes Marry Billy Evans?
Rumors began circling when Page Six reported that the news was leaked on the podcast B*tch Sesh, a Real Housewives podcast, in June 2019 throughout a reside occasion in San Francisco.
Vainness Honest reporter Nick Bilton shared on a 2019 episode of the “Inside the Hive” podcast, “I heard that no Theranos individuals have been invited, which is attention-grabbing as a result of she’s nonetheless pleasant with a few of her Theranos of us.”
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Do Elizabeth Holmes and Billy Evans Have Any Kids?
The couple’s eldest little one, William Holmes Evans, was born on July 10, 2021, in Redwood Metropolis, California.
In March 2021, she advised the court docket that she was anticipating — pushing the proceedings for a fourth time, after having been delayed three earlier occasions as a result of COVID-19 pandemic.
Holmes is at the moment pregnant along with her and Evans’ second little one.
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Who Performs Billy Evans in ‘The Dropout’?
In The Dropout, the 2022 Hulu miniseries based mostly on Holmes’ life, featured Oscar nominee Amanda Seyfried because the billionaire, whereas The Sinner alum Garrett Coffey portrayed Evans. Naveen Andrews performed Ramesh “Sunny” Balwani.
The title of the hit sequence refers to Holmes’ choice to drop out of Stanford College’s Faculty of Engineering on the age of 19 to begin the now-defunct Theranos.
