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Youngest Self-Made Female Billionaire Is College Dropout

There's a new name on Forbes' annual billionaires list, and it belongs to the youngest self-made female billionaire in the world.

Elizabeth Holmes, 31, dropped out of Stanford University her sophomore year and used the money she had saved for college to launch Theranos, a Palo Alto-based blood-testing company. Her lab can quickly test a drop of blood —received via a painless prick — at a much lower cost than commercial labs, which usually required more than one vial of blood to conduct tests.

As Forbes reports, Theranos has raised $400 million from venture capitalists, valuing the company at $9 billion, and Holmes' 50 percent stake at $4.5 billion. She even has Henry Kissinger on her company's board.

Need any more proof that Holmes' ballsy business venture is paying off? According to Forbes, Walgreens, the largest retail pharmacy chain in the Unites States with more than 8,000 stores, announced plans to roll out Theranos Wellness Centers inside its pharmacies.

Forbes currently ranks Holmes as the 360th richest person in the world.

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Image via Forbes

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