In this day and age one would be lucky to consider themselves a self-made millionaire at such a young age. Likewise, Elizabeth Holmes should be considered legendary for her achievements thus far; the 30 year old has a net worth of $4.5 Billion, and she achieved this feat on her own!
In 2003, as an undergraduate at Stanford University, this young lady founded a company named Theranos in Palo Alto, California. Theranos is significant because it makes blood testing for users affordable and accurate in a short period time (real-time). In fact, her company currently rivals major blood testing companies such as Laboratory Corporation of America and Quest Diagnostics.
It’s pretty cool to see billionaires created through forms of philanthropy. Elizabeth Holmes and her company Theranos will continue to be in the spotlight as her innovative blood testing continue to implement change for all users.
[Forbes Excerpt Via Matthew Herper]
–“Theranos has raised approximately $400 million, with a recent round valuing it at $9 billion–more than the market caps of any of her rivals. Holmes holds 50% of the stock, putting her net worth at $4.5 billion. With just a drop of blood Theranos can do the same tests that used to require vials of it, at lower cost. “It’s one of those white-whale type of approaches, where if this were to become mainstream, then the entire diagnostic testing market would turn over,” says Mike Cherny, the diagnostics analyst at International Strategy & Investment.
Right now Theranos is still small. Its testing centers have been installed at 21 Walgreen’s clinics, with more on the way; it also has a partnership with Intermountain Healthcare.”–
Product Of Society 