Elizabeth Holmes
Another billionaire who ultimately revealed a darker side is Elizabeth Holmes. Initially, she was widely admired as the youngest and wealthiest self-made female billionaire in history. However, merely a year later, her true colors were exposed, revealing her as a fraud. The businesswoman had purportedly developed groundbreaking blood-testing technology through her company. In reality, she had deceived investors and even the United States government.
Elizabeth Holmes' legal case began in August 2021, and she now faces a potential prison sentence of up to 20 years. Additionally, her then-boyfriend and the company's COO, Ramesh Balwani, also face charges in connection with the deception.
