Elizabeth Holmes is the disgraced founder and former CEO of Theranos, the blood-testing startup once valued at $9 billion before it was exposed as one of the biggest frauds in Silicon Valley history. Convicted in 2022 and now serving an 11-year federal prison sentence, her story is back in the headlines in 2026 thanks to a secret new documentary from Nathan Fielder that premiered at the Telluride Film Festival. Here is what she actually did, who her partner Billy Evans is, and where things stand today.
Elizabeth Holmes Personal Information
| Category | Details |
|---|---|
| Full Name | Elizabeth Anne Holmes |
| Date of Birth | February 3, 1984 |
| Age | 42 (as of 2026) |
| Birthplace | Washington, D.C., USA |
| Nationality | American |
| Known For | Founder & former CEO of Theranos |
| Convicted Of | Wire fraud & conspiracy to commit wire fraud (4 counts, Jan 2022) |
| Sentence | 11 years federal prison (began serving May 2023) |
| Partner | Billy Evans |
| Children | 2 (son William, daughter Invicta) |
| Financial Status | Ordered to pay $452 million in restitution; reported as having little to no personal net worth since Theranos collapsed |
What Did Elizabeth Holmes Do? The Theranos Fraud Explained
Holmes founded Theranos in 2003 at age 19, claiming its “Edison” device could run hundreds of comprehensive diagnostic tests from just a few drops of finger-pricked blood. The technology never worked as advertised — internally, most patient tests were secretly run on modified, industry-standard Siemens machines rather than Theranos’s own device. The company raised roughly $700 million from investors based on these false claims, while real patients received inaccurate results, including misdiagnoses tied to serious conditions like cancer and diabetes. A 2015 Wall Street Journal investigation by John Carreyrou first exposed the fraud, which unraveled the company entirely by 2018. On January 3, 2022, a jury convicted Holmes on four counts of wire fraud and conspiracy against investors (she was acquitted on the separate patient-fraud counts). She was sentenced in November 2022 to 11 years and began serving her sentence in May 2023.
Theranos Documentaries: The Inventor, The Dropout & the New Nathan Fielder Film
The Theranos saga has already been the subject of two major projects: HBO’s documentary The Inventor: Out for Blood in Silicon Valley (2019) and Hulu’s Emmy-winning dramatization The Dropout (2022), which starred Amanda Seyfried as Holmes. In 2026, an entirely new and previously secret documentary called You Can See Everything stunned audiences with a surprise premiere at the Telluride Film Festival on September 7, 2026, ahead of a planned October 2026 theatrical release from A24. The film is co-directed by Nathan Fielder and Lance Oppenheim, and follows Holmes over roughly three years — including her final 34 days of freedom before reporting to prison — with some scenes reportedly dramatized using an unnamed actress. According to reporting, Holmes and her partner Billy Evans approached A24 wanting their story told, and Oppenheim brought Fielder on to co-direct.
Who Is Billy Evans, Elizabeth Holmes’s Partner?
Billy Evans is Elizabeth Holmes’s partner and the father of her two children, son William and daughter Invicta. The couple got engaged in early 2019. Evans is an MIT graduate who previously worked as a strategy analyst at LinkedIn, and his family runs the San Diego-based Evans Hotel Group. As of 2025–2026, reporting indicates Evans has been raising funding for a new blood- and diagnostics-related startup, reported under the name Haemanthus. It is not independently confirmed whether Holmes and Evans are legally married; most reporting refers to him as her partner or fiancé rather than husband.
Elizabeth Holmes’s Current Status (2026): Prison, Appeals & Clemency
- She remains incarcerated at Federal Prison Camp Bryan, a minimum-security women’s facility in Texas.
- On February 24, 2025, the Ninth Circuit Court of Appeals upheld her conviction, sentence, and the $452 million restitution order.
- Some reports indicate a sentence adjustment under updated federal guidelines that could move her projected release date, though exact dates vary by source and should be treated as unconfirmed until an official date is published.
- Holmes has reportedly asked for clemency/a commutation of her sentence; no decision has been publicly announced as of this writing.
FAQs
She founded Theranos and falsely claimed its technology could run comprehensive blood tests from a few drops of blood. The claims were fraudulent, and she was convicted in 2022 of wire fraud and conspiracy against investors.
Elizabeth Holmes is the founder and former CEO of Theranos, a blood-testing startup once valued at $9 billion. She was convicted of defrauding investors after it emerged the company’s technology did not work as claimed.
Yes. “You Can See Everything,” co-directed by Nathan Fielder and Lance Oppenheim, premiered as a surprise screening at the Telluride Film Festival on September 7, 2026, with a theatrical release from A24 planned for October 2026.
Billy Evans is Elizabeth Holmes’s partner and the father of her two children. He is an MIT graduate and former LinkedIn strategy analyst now reportedly raising funds for a new diagnostics startup.
Yes, as of 2026 she remains incarcerated at Federal Prison Camp Bryan in Texas, serving an 11-year sentence after her conviction and sentence were upheld on appeal in February 2025.
