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Elizabeth Holmes exposed: the $9 billion medical ‘miracle’ that never existed | 60 Minutes Australia

60 Minutes Australia

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Published on Aug 08, 2021
Subscribe here: Full Episodes: | Blood Money (2021)

Elizabeth Holmes promised the world a medical revolution. At 19, she claimed to have invented a miniaturised machine that with a single drop of blood could map a person’s health quickly, reliably and cheaply. She boasted that her technology meant serious diseases like cancer would be prevented before they happened. And it was not only a “wow” moment for patients. High-profile investors rushed to pour a fortune into Holmes’ company, Theranos, and she became Silicon Valley’s first self-made female billionaire. But as Tara Brown reports, her invention was an invention – it simply didn’t work. Elizabeth Holmes is no visionary. She’s a cruel fraudster who has put people’s lives at risk, and because of that, now faces 20 years in jail.

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For forty years, 60 Minutes have been telling Australians the world’s greatest stories. Tales that changed history, our nation and our lives. Reporters Liz Hayes, Tom Steinfort, Tara Brown, Liam Bartlett and Sarah Abo look past the headlines because there is always a bigger picture. Sundays are for 60 Minutes.

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