how much money was lost in theranos

Theranos appears to have cost investors more than $600 million in lost investments overall, while the company itself had accumulated about $585 million in losses by 2015.

Quick Scoop

• Investor losses: reports based on sealed court documents put the total at over $600 million.

• Company losses: internal financial testimony said Theranos had about $585 million in losses by 2015.

• Total money raised: later reporting said Holmes deceived investors into putting in more than $945 million , though not all of that was necessarily “lost” in the same sense.

What that means

If you mean “how much money did people lose because of Theranos?” , the safest short answer is a little over $600 million in investor losses.

If you mean “how much money did Theranos burn through as a company?” , the figure commonly reported is around $585 million in losses by 2015.

Examples of losses

• Walton family heirs: about $150 million.

• Rupert Murdoch: about $125 million.

• Betsy DeVos and family: about $100 million.

Bottom line

For a simple answer: Theranos caused roughly $600 million-plus in investor losses, and the company itself had lost about $585 million by 2015.