Forbes has fawned over Elizabeth Holmes, Sam Bankman-Fried and Frank founder Charlie Javice.
Shkreli became infamous in 2015 after jacking up the price of a single pill of the prescription medication Daraprim from $13.50 to $750 while serving as CEO of Turing Pharmaceuticals.
He was later sentenced to seven years in prison after being convicted for defrauding investors at two hedge funds he previously led. He also received a lifetime ban from working in the pharmaceutical industry. Holmes, the infamous founder of the defunct blood-testing startup Theranos, was sentenced to more than 11 years in prison last year after being convicted of defrauding investors. Theranos collapsed after revelations that its blood-testing devices could not perform many of the functions that Holmes claims.Elizabeth Holmes faces more than 11 years in prison.
A Forbes representative pushed back on the criticism, noting Holmes was never included on the outlet’s “30 Under 30” list.“Under 30” Summit in 2015 and given an “Under 30 Doers Award” for her work at Theranos, according to an article still available on the outlet’s website.”Forbes also placed WeWork founder Adam Neumann on its cover prior to his public downfall.
Earlier this year, the outlet was pilloried online after social media users discovered that it had named Silicon Valley Bank as one of “America’s Best Banks” –“As a news organization, Forbes lists capture some of the most prominent people and companies that have profound impact at the time of publication,” Forbes said in a statement. “When fortunes change or new details are discovered, we are among the first to report on the news.
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