1. Adam Neumann is an Israeli-American billionaire businessman and investor.
24 Facts About Adam Neumann
1. 2.
Adam Neumann's parents divorced when he was seven, and he had lived in 13 different homes by the time he was 22.
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Adam Neumann's younger sister Adi Neumann is a model and former Miss Teen Israel.
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Adam Neumann has dyslexia and could not read or write until he was in third grade.
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Adam Neumann served as a junior officer in the Israeli Navy.
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Adam Neumann has spoken of observing Shabbat with his family every week and the role Judaism has played in his personal and professional growth.
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Adam Neumann attended the Zicklin School of Business at Baruch College in New York City.
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Adam Neumann stated that with WeWork, he intended to replicate the feeling of togetherness and belonging he felt in Israel and that he thought was lacking in the West.
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Adam Neumann directed We Holdings LLC to unwind the transaction of $5.9 million in stock that the company paid in exchange for the "We" trademarks.
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In October 2019, The Wall Street Journal reported that Adam Neumann would receive close to $1.7 billion from stakeholder SoftBank for stepping down from WeWork's board and severing most of his ties to the company.
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On February 24,2021, The Wall Street Journal reported that Adam Neumann had received about $130 million of the $185 million in consulting fees agreed to be paid by SoftBank before SoftBank ceased making the remainder of the payments to him.
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Adam Neumann returned to the Forbes billionaires list in 2022.
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In May 2022, Adam Neumann was reported as being behind Flowcarbon, a start-up tokenizing carbon credit trading platform that runs on blockchain.
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In February 2024 Adam Neumann attempted to buy-back WeWork, as his former company attempted to emerge from bankruptcy.
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In May 2024, Adam Neumann acquired Whalebone, a bimonthly lifestyle magazine based in Montauk, New York.
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In October 2024, Adam Neumann announced his launch of Workflow, a WeWork rival.
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In 2018, Adam Neumann became a partner of InterCure, an Israeli cannabis company led by Ehud Barak, former Prime Minister of Israel and invested in EquityBee, a start-up for tech investors, and Selina, a hospitality company.
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In 2012, Adam Neumann partnered with Ken Horn of Alchemy Properties and Joel Schreiber and purchased for US$68 million the top floors of the Woolworth Building, which they then converted into condominiums.
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Adam Neumann launched Flow, a residential real estate startup funded by the venture capital firm Andreessen Horowitz, in August 2022.
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In January 2021 Adam Neumann retained top defamation lawyer Tom Clare to defend his reputation.
21.
In May 2023, The Spectator published an article claiming Adam Neumann defrauded WeWork investors and compared him to Elizabeth Holmes, an entrepreneur convicted of wire fraud in 2022, which Adam Neumann said was defamatory.
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Adam Neumann requested and received a retraction stating that the article was amended to clarify that Adam Neumann did not deliberately mislead investors or break any law.
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The Wall Street Journal reported in 2019 that Adam Neumann had aspirations to live forever, become the world's first trillionaire, expand WeWork to the planet Mars, become Israel's prime minister, and become "president of the world".
24.
Adam Neumann is a primary focus of the nonfiction book Billion Dollar Loser.