Ramesh Sunny Balwani’s net worth has been under the radar ever since his company Theranos was revealed fraud. Balwani’s name has resurfaced on the media due to the Elizabeth Holmes trial that will start next week.
Theranos President Ramesh “Sunny” Balwani has been a part of an ongoing trial with his former girlfriend.
They falsely claimed that they have come up with a revolutionary blood test that uses a minimal amount of blood that could be drawn out from Fingerstick. But all of their business started to fall apart after their company came under criticism by the media, and the company eventually went to bankruptcy.
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Ramesh Sunny Balwani Net Worth
Ramesh Sunny Balwani has an estimated net worth of $85 million from his research company Theranos.
He has been asked to hand over his net worth, stock trading, and personal communication to US Securities, investigating him and Theranos CEO Elizabeth Holmes for a fraud lawsuit.
Balwani and Holmes were charged by SEC with securities fraud after they raised over $700 million from investors through fraud by exaggerating and making false statements about their company’s technology, business, and performance.
In 2014, the duo even lied about their revenue as $100 million, which turned out to be just $100,000.
Where Is His Ex Wife Keiko Fujimoto Now?
Many people have been wondering about Ramesh’s former wife, Keiko Fujimoto’s whereabouts.
The couple was residing in San Francisco before they got divorced in 2002. Ever since they parted ways, Keiko Fujimoto has kept herself away from public eyes and hasn’t revealed anything about herself.
The businessman got into a relationship with Elizabeth Holmes after splitting with his wife. The duo met when Holmes was an undergrad at Stanford University, and Balwani was doing his master’s in Berkely.
The CommerceBid creator was 37 years old and was 19 years older than his then-girlfriend Elizabeth. He even purchased an apartment in Channing Avenue in Palo Alto in 2004, and his former girlfriend Elizabeth moved there in the year 2005.
The couple split in 2016 after their company got heat from authorities, and Balwani left his position as COO of Theranos.
Ramesh Sunny Balwani Ethnicity
Ramesh Balwani is of South Asian (Pakistani) ethnicity and holds an American Nationality.
He belonged to a Sindhi Hindu family from Pakistan. Balwani has earned his educational degree and professional career in the states and has lived there for more than half of his life despite having a South Asian root.
Ramesh Sunny Balwani Family
There is not much information about Ramesh Sunny Balwani’s family.
Even if he was born in Pakistan, his family didn’t stay there for much longer and moved to India and later immigrated to the United States, where they are residing.
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