Throughout Elizabeth Holmes‘ many controversies, one man has stood by the Theranos’ founder’s aspect: her husband, Billy Evans.
In 2003, Holmes based Theranos, a $9 billion Silicon Valley biotechnology start-up firm. She claimed the corporate had revolutionized blood-testing expertise to diagnose a large number of ailments with only a few drops of blood. In 2015, nevertheless, the reality got here out — Theranos’ expertise 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 expertise, 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 jail, per a number of retailers. The disgraced tech guru additionally faces three years of supervision upon her launch and should pay a $100 high quality per every fraud conviction.
Despite all of the chaos, nevertheless, Evans stays a devoted husband to the previous CEO.
Scroll down to study extra about Holmes’ husband:
Credit: JOHN G MABANGLO/EPA-EFE/Shutterstock
Theranos Founder Elizabeth Holmes’ Husband: Everything to Know About Billy Evans
Throughout Elizabeth Holmes‘ many controversies, one man has stood by the Theranos’ founder’s aspect: her husband, Billy Evans.
In 2003, Holmes based Theranos, a $9 billion Silicon Valley biotechnology start-up firm. She claimed the corporate had revolutionized blood-testing expertise to diagnose a large number of ailments with only a few drops of blood. In 2015, nevertheless, the reality got here out — Theranos’ expertise 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 expertise, 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 jail, per a number of retailers. The disgraced tech guru additionally faces three years of supervision upon her launch and should pay a $100 high quality per every fraud conviction.
Despite all of the chaos, nevertheless, Evans stays a devoted husband to the previous CEO.
Scroll down to study extra about Holmes’ husband:
Credit: JOHN G MABANGLO/EPA-EFE/Shutterstock
Who Is Billy Evans?
Evans grew up close to San Diego and attended Massachusetts Institute of Technology (MIT), the place he earned a Bachelor’s diploma in Economics in 2015.
Once he graduated, Evans tried to create a luxurious healthcare start-up that may transport prosperous Chinese purchasers to the United States for concierge medical consideration, with facilities like chauffeured automotive companies, stunning accommodations and top-notch well being care, New York Post reviews — although the venture by no means got here to fruition.
The tech guru’s first official job out of faculty 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 Technologies, which produces sensors for self-driving vehicles, taking over the position 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 Area, about two years after Elizabeth’s fraud had been uncovered. The lodge inheritor informed pals that she was nothing like how she had been portrayed within the media.
“Days later, I was hanging out with Billy and he said, ‘You won’t believe who I met! She’s not as the articles portray her to be,” a colleague informed the New York Post.
Cut to 2019, and the 2 had been engaged. Evans proposed together with his faculty ring from MIT as a substitute of going the extra conventional diamond route. The lodge 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 information was leaked on the podcast B*tch Sesh, a Real Housewives podcast, in June 2019 throughout a reside occasion in San Francisco.
Vanity Fair reporter Nick Bilton shared on a 2019 episode of the “Inside the Hive” podcast, “I heard that no Theranos people were invited, which is interesting because she’s still friendly with some of her Theranos folks.”
Credit: JOHN G MABANGLO/EPA-EFE/Shutterstock
Do Elizabeth Holmes and Billy Evans Have Any Children?
The couple’s eldest youngster, William Holmes Evans, was born on July 10, 2021, in Redwood City, California.
In March 2021, she informed the courtroom that she was anticipating — pushing the proceedings for a fourth time, after having been delayed three earlier instances due to the COVID-19 pandemic.
Holmes is presently pregnant along with her and Evans’ second youngster.
Credit: Courtesy of Garrett Coffey/Instagram
Who Plays Billy Evans in ‘The Dropout’?
In The Dropout, the 2022 Hulu miniseries primarily based 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’ determination to drop out of Stanford University’s School of Engineering on the age of 19 to begin the now-defunct Theranos.
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