The famous Ramesh Balwani well known as Sunny is an American convicted fraudster, businessman, and former president and chief operating officer of Theranos, which was a privately held health technology company founded by his then-girlfriend Elizabeth Holmes.
In late 1999 he joined CommerceBid.com as President. It was a software development company that helped businesses buy and sell items via auctions over the burgeoning Internet. In 1999, the company was purchased by Commerce One, another business development software company with a high valuation. The buyout was done entirely with stock, and Balwani joined the board of the new company.
Ramesh Balwani’s children: Does Ramesh Balwani have kids?
Ramesh Balwani has children but for some reason and the nature of his personality, he keeps his children away from the media.
In July 2000, Balwani sold his shares in Commerce One, netting nearly $40 million shortly before the company went out of business, just before the dot com bubble burst. He later went back to school and received a Master of Business Administration from the University of California, Berkeley in 2003. He spent another four years in a computer science graduate program at Stanford University but dropped out in 2008.
