Who is Sunny Balwani? Bio, Age, Wiki, Net Worth, Height
He has accumulated a stunning net worth of $84 million USD.
Do you know Who is Sunny Balwani?
American-Pakistani professional businessman Sunny Balwani is highly known. He is also well known for having served as Theranos’ former president and COO. Evidently, it was a privately held health technology business that Elizabeth Holmes, who was then his girlfriend, started.
Sunny has come under fire specifically for his affiliation with Theranos and its dubious claims and methods. Theranos allegedly made false claims about creating a novel blood test procedure that required a very small amount of blood sample.
Businessman Sunny Balwani is a well-known Pakistani-American. In addition, he is Theranos’ former COO/President, co-founder, and skilled software developer.
Quick Facts: Sunny Balwani
|Full Name||Ramesh Sunny Balwani|
|Popular As||Sunny Balwani|
|Birthdate||13th June 1965|
|Place of Birth||Sindh, Pakistan|
|Race / Ethnicity||South-Asian|
|University||University of Texas, Austin, University of California, Berkeley & Stanford University|
|Age||57 Years Old|
|Height||5’7” (170 cm)|
|Spouse||Keiko Fujimoto (Divorced in 2002)|
|Net Worth||$86 Million USD|
Sunny Balwani: Early Life and Family
On June 13, 1965, in Sindh, Pakistan, Ramesh “Sunny” Balwani was born into a Sindhi family. Being a Hindu made it difficult for him to live in Pakistan, so in 1966 his family moved to India and then to the United States.
Unfortunately, not much is known about his life before he immigrated to America. As a result, information about his parents, siblings, and family background is kept private. He will be 57 years old in 2022.
In terms of educational history, Sunny has some pretty excellent credentials, including degrees from Stanford University, the University of Texas at Austin, and the University of California at Berkeley.
A member of the Pakistani Student Association at the university, according to reports, Balwani enrolled at the University of Texas at Austin in 1986. Later, in the early 2000s, he pursued an M.B.A. at the University of California, Berkeley. He finally received his diploma in 2003.
Sunny then applied to Stanford University’s graduate computer science program. Although he eventually left the program in 2008 after four years of participation.
Sunny Balwani: Dating Life (Relationship)
Balwani’s then-girlfriend Elizabeth Holmes founded the privately held health technology company Theranos in 2003. Additionally, he started off as the company’s COO before rising to the position of president in 2009. Prior to 2018, Holmes led the business as CEO.
The business came under fire in 2015 for making inflated promises and engaging in unethical behavior. Balwani was initially charged by the US Securities and Exchange Commission in March 2018 with four violations of the US Securities Act. He and Holmes were accused of fraud and conspiracy by federal American authorities three months later.
According to reports, Balwani had no formal expertise in biological sciences or medical technologies, which led to issues nearly right away. Furthermore, the company’s board of directors lacked any additional medical professionals.
The way Sunny treated the Theranos employees was another point of controversy. According to sources, he was overbearing, unforgiving, and demanding. He also had concerns about business espionage and went out of his way to keep company affairs a secret. Balwani eventually resigned from his roles as the company’s president and chief operating officer in May 2016.
Sunny Balwani’s first spouse was a Japanese artist named Keiko Fujimoto. The pair, according to reports, lived in San Francisco up until their divorce in 2002. It’s unknown, though, whether he has kids from a previous relationship with his ex-wife.
Balwani met Elizabeth Holmes while he was a student at Berkeley, in the meantime. She reportedly was a high school student at the time and was 19 years older than him. As a result, as a group taking the Stanford Summer Mandarin Course, they also spent the summer together in Beijing, China. They thus started dating soon after and were engaged in a committed relationship. Evidently, they had been living together before they split up.
Following his breakup with Holmes, Sunny is reportedly unmarried and single. Balwani is currently a resident in a 9,000-square-foot luxury home in California. Apparently, a stunning $16 million USD was paid to buy this home. But the house is also being looked into as part of his ongoing fraud investigation.
Sunny Balwani: Net worth, Earnings
Professional entrepreneur Sunny Balwani has decades of experience in the industry. He has accumulated a stunning net worth of $84 million USD as of 2022. (approx.). In addition, he also possesses a number of expensive cars and priceless properties.
Sunny Balwani spent several years working in the IT industry after earning her undergraduate degree from the University of California, Berkeley. Additionally, Balwani worked with Microsoft and Lotus Software until 1998.
Later, Balwani co-founded “Commercebid,” a software development company that helped companies buy and sell things online. But in 1999, Commerce One, a rival B2B e-commerce company with a high stock value, bought CommerceBid.com.
Interestingly enough, shares were used to fund the entire acquisition. Balwani was then added to the board of directors of the new business. He reportedly earned roughly $40 million from the sale of his Commerce One stake in 2000.