Theranos: Elizabeth Holmes living on grounds of $135m Silicon Valley estate during trial, report says
Ms Holmes keeping low profile as trial gets underway on Wednesday
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Former Theranos CEO Elizabeth Holmes is reportedly living on the grounds of a $135m estate in Silicon Valley as she stands trial for criminal fraud.
CNBC reports that Ms Holmes and her partner, William Evans, are staying in a home on the 74-acre property in the town of Woodside, one of the wealthiest locales in Silicon Valley.
Green Gables is one of the most expensive estates in the US and is currently listed for sale as “an architectural masterpiece in nature’s finest setting”.
There are several homes on the property as well as four pools — including a stadium-sized Roman-style pool — a tennis court, stunning landscaping, flower and vegetable gardens, and a private reservoir.
Built in 1911 by San Francisco banker Mortimer Fleishhacker as a summer home for his family, the estate has been passed on through the generations.
The main house is a 10,000 square foot, nine-bedroom arts-and-crafts-style mansion. Six other homes on the estate are more modest, and Ms Holmes is staying on one of those, a court clerk confirmed to CNBC.
Other nearby residents include Larry Ellison, co-founder of Oracle; Charles Schwab; Gordon Moore, co-founder of Intel; and venture capitalist John Doerr.
Ms Holmes, her partner, and their newborn son have been keeping a low profile outside of her appearances in court.
Last week jury selection took place for her trial for two counts of conspiracy to commit wire fraud, and 10 counts of wire fraud.
Opening statements begin on Wednesday in San Jose’s federal courthouse, about 25 miles from the estate.
Ms Holmes has pleaded not guilty and denied any wrongdoing.
The trial was delayed four times due to the coronavirus pandemic and Ms Holmes’ pregnancy.