25 Of The Youngest Female Billionaires: Find Out How These Incredible Women Made Their Fortunes
Elizabeth Holmes – $4.5 Billion to $0 – Theranos
Elizabeth Holmes was once a woman who became a billionaire on account of the success of her company, Theranos. Her company was able to invent “Edison,” which was a blood-testing device. Thanks to the invention, the value of her company shot up to about $4.5 billion. However, after a series of tests that proved the inaccuracy of the device, so many lawsuits were brought up and Holmes instantly became bankrupt. She was banned by the Centers for Medicare and Medicaid Services and Holmes could not serve as a director or even an officer of any public company until 2028.