While you may be wondering how much Sunny” Balwani is worth, you’re not alone. This disgraced exec has an extremely high net worth. Holmes allegedly lied about her age to get her to pay him millions. Holmes had been living with him for ten year. Sunny purchased Holmes’ share of the property after she was caught. In 2018, he sold the house and bought out Holmes’ entire stake.
Despite the extensive public scrutiny Sunny Balwani has received throughout the years, it is still a mystery how much he actually earned. During the time he was working at Theranos, he was paid $1 per hour, but his salary was only a few hundred dollars. He later purchased stock worth $4.5 million, allegedly to help support Theranos. The news was not good. The US Securities and Exchange Commission later indicted Balwani on nine counts wire fraud and two charges of conspiracy to commit fraud. Sunny Balwani’s trial will begin in March 2022, unless he is cleared of all charges.
Sunny Balwani’s net wealth is estimated at $85 million by 2022. However, that number could change drastically if she is found guilty of the felony. Elizabeth Holmes’ net worth plummeted from $4.5 billion to zero following her conviction. The former actress faces 20 years in prison for the crime she committed. So, while Sunny Balwani may be able to continue working in the same field, her net worth will likely plummet even further.
Though the news surrounding Sunny Balwani’s net worth is undoubtedly disappointing, it’s important to understand that she has been ensnared in a legal case for several years. Even though her net worth hasn’t decreased significantly over the years she will most likely continue to pay large legal fees. Sunny Balwani’s networth is estimated at $85 million as of the end 2018.
Eventually, Balwani sold Commercebid to Commerce One for $40 million. After the sale, he became a member of the parent company’s board. He then pursued an MBA at the University of California, Berkeley. He met Elizabeth Holmes, an actress, during this time. She later became his wife. Balwani married Jennifer Garner in 2003. The couple has a daughter, named Sunny”, and two other children.
Sunny” Balwani has been charged with multiple crimes related to securities fraud. Holmes and Balwani raised $700 million from investors to try to sell a health-insurance business. However, the pair were arrested and charged separately. Holmes has already been found guilty on four of seven counts of criminal fraud. Sunny is still free on bail and Holmes faces up to 20 years in prison. In the meantime, she will be trying to prove her innocence.
Sunny Balwani’s net worth can be measured in millions of dollars, but it is a mystery as to how much she made in her time at Theranos. She made $1 per year before she became CEO. She bought 4.5 million shares of Theranos in 2016, but she claims it was to help the company grow. Sunny Balwani’s efforts changed the face of healthcare, giving people access to inexpensive blood tests.