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]
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.
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-...