Nathan Fielder and Lance Oppenheim’s new documentary, You Can See Everything, about Theranos founder Elizabeth Holmes has hit theaters and it seemingly has everyone talking.
Those who have seen it are wondering what Elizabeth Holmes is up to right now. Well, let’s take a look.
Who is Elizabeth Holmes?
Holmes was heralded as a tech industry wunderkind, founding her company Theranos while still in her teens.
Theranos was a health tech company whose biggest claim to fame came with what was sold as a game-changing blood-testing device. Theranos claimed it could run a multitude of tests that normal blood-testing protocols could do, but with just a single drop of blood from a patient’s finger.
The promise was that Theranos’ device would be quicker and cheaper than everything else in the industry. Only there was one problem: The device didn’t work as advertised, and Theranos knew it while still using its fake achievement to raise money from investors. In total, Theranos raised $700 million and reached a peak $9 billion valuation.
Eventually, whistleblowers helped expose Holmes and Theranos’ former COO Ramesh Balwani.
In January 2022, Holmes was found guilty of three counts of wire fraud and one count of conspiracy to commit wire fraud and that November, she was sentenced to 11 years and three months in prison.
Holmes and Balwani were also ordered to pay 12 of Theranos’ victims $452 million in restitution.
When will Elizabeth Holmes be released from prison?
Earlier this year, a judge reduced Holmes’ sentence from 135 months to 123 months, or a full year less than her original sentence.
Furthermore, Holmes is scheduled to be moved to a halfway house in August 2027. Holmes has been serving out her prison sentence in a minimum security prison in Texas. A halfway house will provide Holmes with more freedom than a prison, with opportunities to work and take approved trips outside the facility.
Holmes reportedly has been advising her partner Billy Evans, who is also featured in Fielder’s documentary. Evans is the CEO of the medical testing company Haemanthus.
Holmes is currently scheduled to be released from confinement on February 22, 2030.