NEW YORK — Utah billionaire Trevor Milton was sentenced Monday to four years in prison for lying to investors about his company's hydrogen and electric truck technology. Milton was the founder and CEO of Nikola Motors. He was convicted 14 months ago on three fraud charges. The maximum sentence was 60 years in prison.The Theranos founder Elizabeth Holmes has turned herself in for an 11-year prison sentence, marking a final chapter in a years-long fraud saga that riveted Silicon Valley. The 39-year-old tech founder walked into the minimum-security, federal women's prison camp located in Bryan, Texas, on Tuesday afternoon.
| Elizabeth Holmes | |
|---|---|
| Known for | Founder and CEO of Theranos Criminal fraud |
| Criminal status | Incarcerated |
| Children | 2 |
| Relatives | Charles Louis Fleischmann (third great-grandfather) Julius Fleischmann (great-great-great uncle) Christian R. Holmes II (great-grandfather) |
Who is the richest prisonerBillionaires behind bars: The world's richest who've served time
- Mikhail Khodorkovsky and Platon Lebedev.
- Raj Rajaratnam.
- Joaquín Guzmán Loera (aka El Chapo)
- John Kapoor.
- Thomas Kwok.
- Michael Milken. Time Served: 2 years.
- Jay Y. Lee. Time Served: 18 months.
- Elizabeth Holmes. Time Served: 5 months of 11 year sentence.
Who is the youngest female billionaire in jail
Elizabeth Holmes
Here's how Elizabeth Holmes, the 39-year-old founder of failed blood-testing company Theranos, went from a billionaire in Silicon Valley to a Bryan, Texas, minimum-security federal prison camp, where she turned herself in Tuesday afternoon.Clemente Del Vecchio
Forbes releases a list of billionaires every year, and this year, all eyes are on Clemente Del Vecchio. What's catching everyone's attention is that he is just 19 years old, making him the youngest billionaire to feature on the prestigious list.
Who is the youngest billionaire in jail
Here's how Elizabeth Holmes, the 39-year-old founder of failed blood-testing company Theranos, went from a billionaire in Silicon Valley to a Bryan, Texas, minimum-security federal prison camp, where she turned herself in Tuesday afternoon.
She also owns numerous pricey properties across the U.S. Both Bloomberg and Forbes pin her net worth at an estimated $1.1 billion on the low end, based on analyses of her fortune. Swift first achieved billionaire status in October when she released a re-recording of her nine-year-old album "1989," Bloomberg reported.
Who is the longest serving prisoner
Paul Geidel Jr. (April 21, 1894 – May 1, 1987) was the longest-serving prison inmate in the United States whose sentence ended with his parole, a fact that earned him a place in Guinness World Records. He is now the 2nd longest-serving inmate next to Francis Clifford Smith who survived 70 years, 31 days.Clemente Del Vecchio
The wealthiest, and youngest, among the list is Clemente Del Vecchio, one of the six children of Leonardo Del Vecchio, the chairman of EssilorLuxottica who died in 2022.Muhammed Awal Mustapha
Muhammed Awal Mustapha, known as Mompha junior, also has a fleet of luxury cars. (Image posted on Instagram by Muhammed Awal Mustapha) A nine-year-old African kid is reportedly the world's youngest billionaire, who travels around the world in his private jet and has several mansions to his name.
Richard Branson is the 73-year-old founder of conglomerate Virgin Group. His daily routine is chock full of sports, from tennis to cycling to kite-surfing. This all takes place on the private island in the British Virgin Islands where he lives.
Who is youngest billionaireClemente Del Vecchio
Top ten youngest billionaires in the world
| Rank & Name | Age | Net Worth (in USD Billions) |
|---|---|---|
| #1 Clemente Del Vecchio | 19 | 4.1 |
| #2 Kim Jung-youn | 20 | 1.7 |
| #3 Kevin David Lehmann | 21 | 2.5 |
| #4 Kim Jung-min | 22 | 1.7 |
How long is Elizabeth in jailElizabeth Holmes, who was sentenced to 11-and-a-half years in prison, will now spend just over nine years in prison. Holmes was convicted of fraud and conspiracy last November on multiple charges of defrauding investors while running the failed blood testing startup Theranos.
Is Justin Bieber a billionaire
Bieber's estimated net worth in 2024 is $300 million.
Taylor Swift has a net worth of $740 million, and Beyonce is at $540 million. Other big name musicians on the list include Madonna, Dolly Parton, Celine Dion and Barbra Streisand. Some other female celebrities to make the cut included Oprah Winfrey, Judge Judy and Reese Witherspoon, to name just a few.Chamoy Thipyaso
Chamoy Thipyaso sentenced jail term of 141,078 years. Thipyaso was involved in a pyramid scheme that defrauded 16,231 people out of an estimated total of between $200 million & $301 million.Glynn Simmons
A man who spent nearly 50 years in prison for murder has been exonerated by a judge – becoming the longest serving inmate to be declared innocent of a crime. Glynn Simmons, 71, was released in July after prosecutors agreed that key evidence in his case was not turned over to his defence lawyers.