Elizabeth Holmes Is The World’s Youngest Female Self-Made Billionaire

Photo Credit: morguefile.com

Photo Credit: morguefile.com

Elizabeth Holmes is one inspiring woman.

At 31 years old, she is the CEO of Theranos, which has drastically changed healthcare by making blood tests significantly more affordable.

With a net worth of $4.5 billion, Holmes is the youngest billionaire to be featured in Forbes’ list of Female Billionaires in 2015.

Her company has created a method of painless blood testing with the ability to recognize several illnesses using less blood than is normally taken from a patient, Mic reports.

Theranos’ cholesterol lab tests cost a mere $2.99, compared to the typical $50 for typical procedures. Eventually, they’ll be made available through pharmacies, where more of the general public will have access to the testing and results can be returned quickly.

Holmes dropped out of Stanford University at just 19 years old, founding Theranos with the money she had been saving for college.

“I want to create a whole new technology, and one that is aimed at helping humanity at all levels, regardless of geography or ethnicity or age or gender,” Holmes said to a professor.

Several have praised Theranos’ work, with Cleveland Clinic CEO/President Dr. Delos M. Cosgrove calling her company a “breakthrough” and a “major change in how we deliver health care.”

Theranos is particularly important in a society where those with lower socioeconomic status struggle with affordable healthcare and, as a result, are often left to cope without treatment for serious ailments.

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