3/15/2023 0 Comments Elizabeth holmes net worthAnd obviously they're going to trot out a psychologist to help make that case."ĭavila ordered lawyers for Holmes and Balwani to sort through what documents may be unsealed and redacted by the end of the week. "Her defense plans on making the case that he was the older boyfriend, 19 years older who was really the puppeteer here, and she was the puppet. "A large part of her defense now looks to be blaming Sunny and basically saying to the jury that Sunny held her in his psychological grip," Carreyrou said. In an interview with CNBC in July, the former Wall Street Journal reporter who broke the Theranos scandal, John Carreyrou, said Holmes' defense strategy may be to blame her ex-boyfriend. Prosecutors say the two misled patients, doctors and investors about Theranos' blood testing technology. Holmes and Balwani both face a dozen criminal wire fraud and conspiracy to commit wire fraud charges. So, what is Elizabeth Holmes’ net worth today After the fall of Theranos, Elizabeth Holmes’ net worth went from a reported 4.5 billion to 0 as of 2022, according to Forbes. I think we understand why, they like to sell newspapers. "Dow Jones has had notice of sealed filings for a year and a half. Balwani has never asked that any part of these trial dockets be filed under seal," Jeffrey Coopersmith, an attorney for Balwani, said. Holmes and Balwani's relationship reportedly ended around the same time he left Theranos. The pair had a romantic relationship but never revealed it to their investors. Balwani was her business partner and served as COO at Theranos. Prosecutors had a psychological expert evaluate Holmes after her defense attorneys revealed they plan to call on a clinical psychologist to testify about a "mental disease or defect" bearing on the issue of guilt.Īnother set of documents that may be unsealed is why Judge Edward Davila severed the trials of Holmes and her co-defendant Ramesh "Sunny" Balwani. "The question is how far is the sealing going to go." attorney, said, referring to a mental health defense. Holmes' rule 12.2 defense and that is hindering the government's trial preparation," Kelly Volkar, an assistant U.S. "The main thing we're concerned with is continued sealing at the current level includes even the high level topics including Ms. Holmes' view is that probably at this point, a significant part of that can be unsealed, but not all."įederal prosecutors support the request to unseal portions of the case, stating that if Holmes plans to make a mental health defense, then they need to be prepared. "That is a very significant volume of material, as the court is painfully aware," John Cline, an attorney for Holmes, said during hearing Tuesday. A report by wealth management service Saltus found that people whose net worth is over 3 million are twice as likely to report being a fraud victim compared with those with a net worth of.
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