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Whatever Holmes has cashed out aside, she comes from a highly privileged background. There was never any danger to her of ending up destitute, regardless of whether Theranos worked out.



Really? Would her family disown her?

What jobs would she get?


Given she was able to swindle investors out of hundreds of millions of dollars, I don't think she'll have any difficulty convincing her family not to disown her.

She probably doesn't need a job, given her family's wealth, but her father is well-connected government official. I'm sure he could get her a position at some agency or other, if she really wanted one.

> Elizabeth’s father, Christian IV, grew up in California, raised by his mother, a former Powers model, whose second husband was a prominent San Francisco businessman. The family moved in powerful circles. Mr. Holmes took a Hearst daughter to a debutante cotillion in 1967.

> Mr. Holmes had a distinguished career in public service, holding a number of senior government positions in Washington.[0]

0: http://www.nytimes.com/2015/12/20/business/theranos-founder-...


Do you know for certain that she's worth millions? Aren't her stock options tied to performance? And if she has tons of stock but it goes to zero...


Her stock options are tied to whatever the Theranos board decides, and she has full board control. So she can make her options tied to whatever she wants.

No, I don't know her net worth for certain, but it isn't a stretch to say that she comes from wealth. It's a lot easier to get wealthy people to give you a ton of money if you're also wealthy.


Just about the only thing a majority shareholder cannot do is vote themselves a massive pay rise, violating their fiduciary duty to the minority shareholder's equity stakes.




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