Ramesh Balwani, a businessman from the United States who was Theranos’ previous president and COO, was born in Sindh, Pakistan.
He is currently litigating criminal charges leveled against him by the United States SEC and if found guilty could spend more than 10 years in prison.
How much does Ramesh Balwani make per year?
Balwani and Elizabeth Holmes, his lover, and co-founder of Theranos are accused of using the business as the front for a multi-million dollar fraud operation against customers and investors.
The dubious way in which they were operating the company caused a huge backlash from the general public in 2015 resulting in a liquidation of the company’s assets to offset debts.
What is Ramesh Balwani net worth?
The wealthy businessman’s current net worth stands at a whopping $40 million. This figure will just drop like a stone if he is found guilty of all the charges leveled against him in court.
Is Ramesh Balwani rich?
The Pakistan-born American is certainly rich. His alleged shady operations at Theranos made him a lot of money.
Source: Ghanafuo.com
