Net Worth and Salary

Net Worth and Salary

Entrepreneur

Ramesh Balwani

Ramesh Balwani

Who is Ramesh Balwani?

Ramesh Balwani is an entrepreneur from the United States of America. Ramesh Balwani was the former CEO of Theranos Biotechnology, a privately held health-technology company. He is also a former Theranos CEO.

Ramesh Balwani- Birth, Parents, Siblings & Education

Ramesh Balwani is a 55-year-old Indian businessman. He was born on June 13, 1965, in Pakistan to a Hindu family.

His actual birth date, however, is unknown; Wikipedia identifies him as having been born between March and June 1965.

In his personal life, there is no information regarding his parents or family relatives. He is of Asian descent and of Indian-American nationality.

He registered as a member of the Pakistani Students Association at the University of Texas at Austin in 1986. He holds a bachelor’s degree in AI and information systems.

In 2003, he went to school in California, this time at the University of California, Berkeley, to obtain a master’s degree in business administration. During his time at Berkeley, he met Elizabeth Holmes.

He was a senior in high school at the time. He also attended Stanford University for four years before dropping out of a computer science graduate program in 2009.

Net Worth of Ramesh Balwani? Salary, Earnings

According to sources, he has not been nominated or awarded. He is, nonetheless, incredibly conscientious. Ramesh Balwani is now unemployed. He worked with Theranos till 2018.

His net worth will be calculated in 2020. He had had an estimated net worth of $85 million. As a corporation, Theranos no longer exists. His net worth is currently nothing.

Ramesh Balwani posing for a photo. source: static2.businessinsider.com

Facts of Ramesh Balwani

Full Name: Ramesh Balwani
Age:  55 years
Nationality: Pakistani-American
Education: University of Texas
Marital status: divorce
Net Worth: $85 million
Height: 5 feet 0 inches (1.52m)
Profession: Entrepreneur
Sibling: N/A
Father: N/A
Mother: N/A

Ramesh Balwani- Relationship, Married Life, Boyfriend/ Girlfriend

Ramesh Balwani married Keiko Fujimoto, a Japanese artist, but the couple separated in 2004. Their marriage hasn’t been well-documented.

They did, however, eventually separate ways. Balwani has also previously dated Elizabeth Holmes. They met in 2003, while Holmes was a Senior High School student of 18 years old, in Berkeley, California.

Furthermore, no one knew about their intimate relationship until Holmes revealed it during her 2017 deposition. They called the quits due to a number of professional and personal difficulties.

Elizabeth has been engaged to her fiance, William Billy Evans. In 2019, he works as a special projects manager for Luminar Technology.

He was embroiled in a number of issues during his time at Theranos. He had no knowledge of biology or medical technology. He did, however, continue to act as the president of Theranos, a blood-testing company. As a result of his acts, he has also sparked controversy.

The SEC has charged and is investigating Theranos founder Elizabeth Holmes and former COO Ramesh Balwani for significant fraud.

Balwani, on the other hand, claims that he is not guilty as charged and that he would fight the charges in court, as his counsel indicated in March 2019. If convicted as charged, he may face a sentence of up to 20 years in jail.

Body Measurement- Height, Weight, Hair Colour

According to online reports, Balwani is 5 feet 7 inches tall and weighs 68 kg. Furthermore, he has black eyes and hair. Aside from that, little is known about her other activities.

Ramesh Balwani- Professional Career

According to his LinkedIn profile, Balwani worked for Lotus software and Microsoft before launching Commercebid.

Balwani joined Theranos in 2009, just a few years after Holmes founded it.

He had no professional experience in biological sciences or medical devices, which he rapidly realized was an issue.

He gave up his chemical engineering degree to focus exclusively on Theranos.

Similarly, he was unprofessional in his treatment of Theranos staff. According to his employees, he was domineering, stubborn, and demanding.

Furthermore, he was anxious about business espionage and attempted to keep firm things private.

Furthermore, Theranos claimed to have developed devices that would automate and miniaturize blood tests by using minuscule blood quantities. The workers named the device’s blood collection vessel and analysis machine “nanotainer” and “Edison.”

He even went so far as to compare the device to the invention of antibiotics. Balwani, like the laborers, had a penchant for talking about things he didn’t comprehend.

Theranos’ Edison blood-testing equipment, according to a report published in October 2015, offers incorrect medical diagnoses and results. As a result, the gadget failed multiple quality-control tests and generated findings that were highly varied.

Similarly, in April 2016, the business was compelled to invalidate all of the machine’s 2014 and 2015 test results.
Despite the fact that the tests were done on standard equipment, they had to invalidate the results of several additional tests.

Following an inspection of Theranos’ Newark laboratory, the Centers for Medicare and Medicaid Services (CMS) issued the company a letter of warning in January 2016.

According to the CMS, Balwani should be barred from owning or operating a blood lab for two years because the company was unable to correct the problems in its California lab.

Ramesh Balwani- Social Media Status

The former president and chief operating officer of Theranos, who was born on January 11, 2022, is undoubtedly the world’s most powerful person.

He is an expert with an extensive social media presence. Ramesh is a fantastic celebrity influencer. With a large number of social media followers, he frequently shares personal images and videos in order to communicate with her large fan base on the social media platform.

To become a social media influencer, you must already be renowned, but he demonstrates that you must have a raw or personal touch and communicate with your fans if you want to do well on Instagram, Facebook, Twitter, Youtube, and other platforms. Please scroll down to see Ramesh Balwani’s social media profiles.

Also Read: Davah Lawler, Fred Eshelman, Olga Kay, Omar Abdi Ali

Quick Facts of Ramesh Balwani

  • Ramesh Balwani has been involved in numerous controversies during his tenure at Theranos.
  • He had no background in biology or medical technology.
  • He continued to serve as the president of Theranos, a blood-testing firm.
  • Ramesh dropped his chemical engineering degree because he was focusing solely on Theranos.
  • He was overbearing, unyielding, and demanding, according to his workers.