Alleged Theranos Fraudster Elizabeth Holmes Is Living At A Legendary $135 Million Silicon Valley Estate

Elizabeth had a paper net worth of $4.5 billion at the height of her career, when Theranos had a private valuation of $9 billion. She was praised as the richest self-made lady of all time and appeared on the covers of numerous magazines. Unluckily, as you may already be aware, Theranos began to collapse in 2015 amid claims the firm was a massive hoax. Elizabeth allegedly raised hundreds of millions of dollars of private capital based on lies about the capabilities of the company’s magical testing machines.

By 2016, Elizabeth had lost all of her wealth.

Elizabeth Holmes was charged with nine charges of wire fraud and two counts of conspiracy to conduct wire fraud by a federal grand jury in June 2018. In August 2018 the Securities and Exchange Commission charged Elizabeth with deceiving investors by “massive fraud” through false and/or exaggerated claims about the accuracy of Theranos’ blood testing machines. Theranos as a firm was formally liquidated in September 2018. EH must have had a difficult four-month period.

She is still facing allegations of federal wire fraud. The trial, officially titled “United States v. Holmes, et al.,” was postponed for more than a year as a result of Holmes becoming pregnant and the COVID-19 pandemic. It is anticipated that the experiment will last three months.

Due to Elizabeth’s activities, there could be some very negative effects. If she’s convicted, the charges carry a maximum twenty year prison sentence.

Now tell me, where does this ex-billionaire go every night to lick her wounds from the trial? Elizabeth is located in the town of Woodside, 30 minutes north of the courthouse, as a very astute CNBC reporting team uncovered. That is not especially noteworthy. What is interesting is that she and her husband appear to be residing on the 74-acre grounds of the fabled Green Gables house. An illustrious estate that is currently on the market. The price being asked?

$135 million

Green Gables was covered by us when it initially appeared on the market in October 2018.

The Fleishhacker family has spent a lot of time vacationing in Green Gables. You hear the name Fleishhacker all throughout San Francisco. The Fleishhacker Zoo was the old name for the entire San Francisco Zoo. Not far from the zoo you can still see the ruins of the Fleishhacker public pool, which at one time was the largest outdoor saltwater pool in the world.

Mortimer Fleishhacker (1866–1953), the family patriarch, came from a wealthy family that had made a fortune during the 1880s California gold rush. Using his inheritance, Mortimer established the Anglo-California Bank, which later changed its name to the Crocker Bank and finally joined Wells Fargo. He also established the Great Western Power Company, which constructed the first power plants in California.

In order to escape San Francisco’s notoriously chilly winters, summers, springs, and autumns, Mort purchased his first piece of land in the community of Woodside in 1907. He added 74 acres to the Woodside estate over time. On the site, he also constructed a sizable main house and seven other dwellings.

Apparently a diligent CNBC reported discovered that Elizabeth’s husband Billy Evans was pulled over on March 17 for failing to display a license plate. The citation listed his address as being at the same location as Green Gables.

Billy Evans, her spouse, turns out to be from an affluent family. Heir to the Evans Hotel Group is William “Billy” Evans. The Evans Hotel Group, according to their website, owns three five-star hotels in the San Diego region:

The Lodge Torrey Pines is a AAA Five Diamond hotel with 170 rooms that have views of the Pacific Ocean and the Torrey Pines Golf Course.

314-room resort on 14 acres in Mission Bay is called the Bahia Resort Hotel. Fun fact: While filming “Top Gun” in 1985, the actors stayed at Bahia. In their free time, they obviously had a TON of fun at their resort.

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