Adam Neumann

Adam Neumann is an Israeli-American businessman. In 2010, he co-founded WeWork, alongside Miguel McKelvey. He served as WeWork’s CEO from 2010–2019.

  • Adam Neumann is a cofounder of coworking firm WeWork; he resigned as CEO in September 2019 shortly before the company cancelled a planned IPO.
  • A month later, longtime investor SoftBank stepped in with a deal to buy $3 billion of WeWork’s existing shares and loan the company $5 billion.
  • The deal valued the troubled startup at $8 billion; it was last valued at $47 billion in a January 2019 fundraising round.
  • WeWork is reportedly selling assets, including a $60 million private plane.
  • The company rents out office space in more than 110 cities around the world and features arcade rooms and on-site beer kegs.

Adam Neumann WeWork