Ramesh Balwani is a successful businessman from the United States of America. Ramesh Balwani was previously the president of Theranos Biotechnology Company, a privately held health technology firm. He was previously Theranos’s chief operating officer (COO).
Biography, Age, Nationality, Parents
Ramesh Balwani, 55, is a businessman. On June 13, 1965, he was born in Pakistan to a Hindu family. His exact birth date is unknown, as Wikipedia states that he was born between March and June 1965. His family later moved to India due to the difficulty of surviving as a Hindu in Pakistan. His family later moved to the United States. There is no information available about his parents or family members’ personal lives. He is of Indian-American descent and Asian ethnicity.
Ramesh Balwani attended the University of Texas at Austin as a member of the Pakistani Students Association in 1986. He has a degree in computer science and artificial intelligence.
He returned to school in 2003 to pursue a master’s degree in business administration at the University of California, Berkeley. He met Elizabeth Holmes while studying at Berkeley. She was a high school senior. He also spent four years in a computer science graduate program at Stanford University before dropping out in 2009.
Ramesh Balwani: Height and Weight
According to online sources, Balwani is 5 feet 7 inches tall and weighs 68 kilograms. In addition, his eyes and hair are both black. Aside from that, no information is available about her additional measures.
Balwani has previously worked for Lotus and Microsoft. Balwani joined Theranos shortly after Holmes founded it in 2009. He was unfamiliar with biological sciences and medical devices, which caused issues. He dropped out of his chemical engineering program to focus on Theranos.
His treatment of Theranos employees was heinous. His staff described him as bossy, obstinate, and demanding. He was concerned about corporate espionage and kept business dealings private. Using minuscule blood samples, Theranos claimed to have automated and miniaturized blood testing. The blood collection device was called a “nanotainer,” and the analysis machine was called a “Edison.”
He likened his invention to antibiotics. The workers noticed that Balwani spoke beyond his knowledge. A 2015 investigation discovered that Theranos’ Edison blood-testing device was inaccurate. The device failed quality-control testing and produced inconclusive results.
The company invalidated all 2014 and 2015 test results in April 2016. They had to throw out the results of several traditional tests. CMS issued a warning to Theranos in January 2016 after conducting an investigation into its Newark lab. Due to its California lab problems, the CMS proposed a two-year ban on Balwani owning or operating a blood lab.
On March 14, 2018, Balwani, Theranos, and Holmes were charged with fraud. As a result, he was charged with four violations of the US Security Act. He “built software for Theranos’ technologies and managed staff and operations,” according to the SEC. Balwani was accused of defrauding pharmacies, fast food restaurants, and investors.
Theranos’ charges also included FDA communications (FDA). According to the SEC, Balwani lied about Theranos’ lack of FDA approval. On June 15, 2018, a federal grand jury indicted him and Holmes following a two-year investigation by the US Attorney’s Office in San Francisco.
Ramesh Balwani Salary and Net Worth
He is, however, an exceptionally hard worker. Ramesh Balwani is currently unemployed. He was working for Theranos as of 2018. His net worth is being calculated for 2020. He used to have an enviable net worth of $85 million. Theranos is no longer in business. As of February 2023, his net worth was zero.
Ramesh Balwani Marriage, Wife
Ramesh Balwani married Japanese artist Keiko Fujimoto in 2004. The couple eventually divorced. There is no detailed information on their marriage. They did, however, split up.
Balwani had also previously dated Elizabeth Holmes. They met in Berkeley in 2003, when Holmes was an 18-year-old senior in high school. Furthermore, until Holmes revealed their romantic relationship during her 2017 deposition, it was unknown.
They broke up due to a variety of professional and personal issues. Elizabeth, on the other hand, got married to her fiance, William Billy Evans. In 2019, he is employed by Luminar Technology as a special projects manager.
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