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Inside Elizabeth Holmes’ crazy rich lifestyle – the disgraced billionaire on trial once spent US$100,000 on Theranos’ conference table and lives on a US$135 million luxury estate

STORYLynn Farah
The former CEO and founder of Theranos, Elizabeth Holmes lived a life of luxury before her company unravelled amid fraud allegations. Photo: Getty Images
The former CEO and founder of Theranos, Elizabeth Holmes lived a life of luxury before her company unravelled amid fraud allegations. Photo: Getty Images
Millionaires and billionaires

  • Holmes and her new husband Billy Evans, who she met at Burning Man, live in one of the most expensive estates in the world – Green Gables, Silicon Valley
  • The former businesswoman has splurged on a Siberian Husky who she named Balto, and spent US$1 million a month renting Theranos’ Palo Alto headquarters

From podcasts to books and documentaries, Elizabeth Holmes and her ability to con the cleverest in Silicon Valley has led to a cultlike obsession with the scorned businesswoman, currently on trial for nine counts of wire fraud and two counts of conspiracy to commit fraud.
Bill Clinton, Theranos founder Elizabeth Holmes, and Jack Ma in the 2015 Clinton Global Initiative Closing Plenary. Photo: FilmMagic
Bill Clinton, Theranos founder Elizabeth Holmes, and Jack Ma in the 2015 Clinton Global Initiative Closing Plenary. Photo: FilmMagic
The 37-year-old’s once-lauded blood-testing start-up Theranos claimed it could detect diseases with just a few drops of blood using a novel self-created device. Investors, patients and fans bought into the theory. It turned out, the devices didn’t work.
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Her defence has claimed Holmes, the CEO of Theranos, believed in the mission and was also duped herself to some extent. The prosecution, however, insists she knowingly lied and manipulated people to get fame and wealth.

Elizabeth Holmes, the founder of blood testing company Theranos, arrives for the first day of her fraud trial in September, 2021. Photo: AFP
Elizabeth Holmes, the founder of blood testing company Theranos, arrives for the first day of her fraud trial in September, 2021. Photo: AFP

As the court battle rages on, and Holmes seeks to modify the public perception around her, here’s a look at the crazy rich life she lived as a Silicon Valley boss.

That US$135 million LA estate

Theranos founder Elizabeth Holmes and her boyfriend William “Billy” Evans live in a mansion in Green Gables, Silicon Valley. Photo: Christie’s International Real Estate
Theranos founder Elizabeth Holmes and her boyfriend William “Billy” Evans live in a mansion in Green Gables, Silicon Valley. Photo: Christie’s International Real Estate

Holmes and her 29-year-old partner William “Billy” Evans, a hospitality heir, are staying in a home in one of America’s most expensive estates, Green Gables, in Silicon Valley. The address was confirmed to the media after Evans received a traffic citation and the address provided was that of the US$135 million storied estate.

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