Ramesh Balwani Wiki and Biography
Ramesh “Sunny” Balwani was born on June 13th, 1965(age 56 years) in Pakistan. He is an American businessman who is the former president and chief operating officer of Theranos, which was a privately held health technology company.
In 1986 Balwani began undergraduate studies at the University of Texas at Austin where he received an undergraduate degree in information systems.
While enrolled at the University of California, Berkeley back in 2003, Balwani, who was 37 at the time, met Elizabeth Holmes, who was 18 and in her senior year of high school.
RAMESH BALWANI THERANOS
Balwani joined Theranos in 2009 and ran the company’s day-to-day operations as its president despite lacking knowledge about the medical field.
Theranos claimed to have devised a revolutionary blood test that used very small amounts of blood such as that which can be extracted from a fingerstick.
Starting in 2015, Theranos came under criticism in the media due to its questionable claims and practices. The company was eventually forced into bankruptcy.
Ramesh Balwani was charged by federal authorities for operating the business as a multi-million-dollar scheme to defraud investors, doctors, and patients.
A trial has been set to determine if Balwani is to face jail time due to his practices and time at Theranos.
RAMESH BALWANI WIFE AND CHILDREN
Ramesh was married to Japanese artist Keiko Fujimoto before their divorce in December 2002.
Balwani was in a romantic relationship with Elizabeth Holmes during his tenure at Theranos. The couple moved in together in 2005 but got separated back in 2016.
Ramesh does not have a child with his former partners.
Ramesh Balwani Net Worth
The estimated figure of Ramesh “Sunny” Balwani’s net worth is usually not put to the correct number, but, following his time at Theranos, his net worth is to be estimated at around $100 million.
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