Adam Neumann

Adam Neumann
Neumann in 2015
Born (1979-04-25) April 25, 1979 (age 45)[citation needed]
NationalityIsrael
Alma materIsraeli Naval Academy
Baruch College
OccupationBusinessman
Known forCo-founder, WeWork
Spouse
(m. 2008)
Children6
RelativesAvi Yehiel (brother-in-law)[1]
Adi Neumann (sister)
Military career
AllegianceIsrael
Service/branchIsraeli Navy
Years of service1996–2001
RankSeren (Captain)[2]

Adam Neumann (Hebrew: אדם נוימן; born April 25, 1979)[citation needed] is an Israeli-American billionaire[3] businessman and investor. In 2010, he co-founded WeWork with Miguel McKelvey, where he was CEO from 2010 to 2019.[3][4] In 2019, he co-founded a family office dubbed 166 2nd Financial Services with his wife, Rebekah Neumann, to manage their personal wealth,[5] investing over a billion dollars in real estate[6] and venture startups.[7][8]

Following mounting pressure from investors based on disclosures made in a public offering filing, Neumann resigned as CEO of WeWork and gave up majority voting control as of September 26, 2019.[9] Forbes estimated his net worth to be around US$2.2 billion as of February 2024.[3]

  1. ^ "WeWork ex-CEO Adam Neumann said to invest NIS 1 million in Israeli soccer team". The Times of Israel. 15 August 2021.
  2. ^ Nicolaou, Anna (March 18, 2016). "WeWork cultivating 'physical social network'". Financial Times. Retrieved October 1, 2019.
  3. ^ a b c "Forbes Profile: Adam Neumann". Forbes. Archived from the original on 6 February 2024. Retrieved 19 February 2024.
  4. ^ Gelles, David; de la Merced, Michael J.; Eavis, Peter; Sorkin, Andrew Ross (Sep 24, 2019). "WeWork C.E.O. Adam Neumann Steps Down Under Pressure". The New York Times. Retrieved Sep 26, 2019.
  5. ^ Ghosh, Shona (1 November 2019). "Here are the 3 men quietly overseeing WeWork cofounder Adam Neumann's millions". Business Insider.
  6. ^ Fu, Emily (7 January 2022). "Ex-WeWork CEO Adam Neumann's New Role: Multifamily Landlord". commercialobserver.com. Observer Media.
  7. ^ Mathews, Jessica (18 March 2022). "WeWork founder Adam Neumann is back—as a VC". Fortune.
  8. ^ Putzier, Konrad; Brown, Eliot (4 January 2022). "WeWork Co-Founder Adam Neumann Is Becoming an Apartment Mogul". The Wall Street Journal.
  9. ^ Annie Palmer (30 September 2019). "WeWork pulls IPO filing". Cnbc.com. Retrieved 2020-03-01.

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