|Birth Name||Ramesh Balwani|
|Birth place||Sindh, Pakistan|
|Height||5 ft 7 inches|
|College/University||University of Texas, Austin (BS) University of California, Berkeley (MBA) Stanford University|
|Net Worth||$84 million|
This world is full of opportunity, people are becoming billionaires by understanding those opportunities and using them for their benefit. It is often said that one must know how to sell because we can sell anything, for example; water is a free natural resource but people understand its importance in human life and used it as an opportunity and now we pay to drink water which should be free. And someone, who identifies these ideas and turns them into a successful business is called a businessman.
And today we are discussing Sunny Balwani whose born name is Ramesh Balwani. He is an American Businessman and a former president and COO of Theranos.
Where Was Sunny Balwani Born?
In 1965, Sunny Balwani was born as a Gemini to an upper-middle-class Sindhi-Hindu family in Sindh, Pakistan. He lived in Lahore where he also got his education at Aitchison College, a boarding school. He got his education under British colonialist rule under the designation of Youths of Good Family.
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Eventually, he and his family moved to India, because of the division between Pakistan and India. His lawyer said it was an obvious move for his family as Hindus were not welcomed in Pakistan. Later they immigrated to the USA where he enrolled at the University of Texas at Austin and became a member of the Pakistani Students Association. Moreover, Sunny also revealed that his involvement with Theranos was because his father had died due to a preventable heart attack.
What Are The Business Sunny Balwani Own?
In the 1990s, Sunny started working for Lotus Software and Microsoft in the sales department. Later he joined CommerceBid.com as a president, a software development company that provides for businesses by buying and selling items via auction on the internet. In 1999, the company was purchased by Commerce One and Sunny was able to join the new board of the company by purchasing most of the shares. In July 2000, Sunny sold the company at $40 million.
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In 2009, Sunny joined Theranos, as president and conducted the day-to-day operations of the company. He launched a blood testing machine called Edison Blood Testing Device which later turned into a huge controversy and fraud for the company. His device was malfunctioning and gave wrong results every time. The CMS (Centers for Medicare and Medicaid Services) sent warning letters to Theranos after inspecting the device and in March 2016, the company was banned from both owning and operating a blood lab.
To Whom Is Sunny Balwani Married?
Sunny Balwani has been married once in his life but does not have any children. He was married to a Japanese artist Keiko Fujimoto and lived in San Francisco after their marriage. However, he and his wife did not last longing marriage and they got divorced in December 2002. Then he met Elizabeth Holmes, founder, and CEO of Theranos.
They met when she was in school at the age of 18 and he was 37 in college. Sunny was 19 years older and married to Keiko when he started dating her. The duo began dating in 2003 after a year of Sunny's divorce from his wife. Likewise, their relationship grew even closer so, they decided to move into an apartment together after 2 years of relationship in 2005.
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Elizabeth and Sunny have had a complicated relationship and their relationship started opening up stories of sexual abuse and the controlling nature of Sunny. In her trial in court, she said that Sunny was controlling in their relationship, and wanted to change her and make a new Elizabeth. He berated and sexually abused her. There is also a new mini-series created on the life of Sunny and the fraud he is alleged of and has done. He is portrayed by Naveen Andrews and the series is called The Dropout which will show his tenure at Theranos and his relationship with Elizabeth Holmes.
How Much Is Sunny Balwani Net Worth?
As of wiki 2022, Sunny Balwani has an estimated net worth of $84 million at the age of 57. The primary source of income is investing in the business and owning several expensive cars. He is not active on social media.
However, as of now, Sunny has been found guilty of wire fraud and conspiracy to commit wire fraud and is supposed to face as long as 20 years in prison on the charges.
How Tall Is Sunny Balwani?
Sunny Balwani has a height of 5 feet 7 inches and weighs 120kg. Sunny has black hair and black eyes.