Adam Neumann

Not to be confused with Adam Newman.

Adam Neumann
Neumann in 2015
Born (1979-04-25) April 25, 1979 (age 45)[1]
Beersheba, Israel
NationalityIsrael
Alma materIsraeli Naval Academy
Baruch College
OccupationBusinessman
Known forCo-founder, WeWork
Spouse
​
(m. 2008)​
Children6
RelativesAvi Yehiel (brother-in-law)[2]
Adi Neumann (sister)
Military career
AllegianceIsrael
Service / branchIsraeli Navy
Years of service1996–2001
RankSeren (Captain)[3]

Adam Neumann (Hebrew: אדם נוימן; born April 25, 1979) is an Israeli-American billionaire[4] businessman and investor. In 2010, he co-founded WeWork with Miguel McKelvey, where he was CEO from 2010 to 2019.[4][5] In 2019, he co-founded a family office dubbed 166 2nd Financial Services with his wife, Rebekah Neumann, to manage their personal wealth,[6] investing over a billion dollars in real estate[7] and venture startups.[8][9]

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.[10] Forbes estimated his net worth to be around US$2.2 billion as of February 2024.[4]

  1. ^ Dhiraj, Prof Dr Amarendra Bhushan (2019-08-14). "Executive Insider: Sir George Iacobescu, Adam Neumann, Forbes Global CEO Conference (14 August, 2019)". CEOWORLD magazine. Retrieved 2024-09-19.
  2. ^ "WeWork ex-CEO Adam Neumann said to invest NIS 1 million in Israeli soccer team". The Times of Israel. 15 August 2021.
  3. ^ Nicolaou, Anna (March 18, 2016). "WeWork cultivating 'physical social network'". Financial Times. Retrieved October 1, 2019.
  4. ^ a b c "Forbes Profile: Adam Neumann". Forbes. Archived from the original on 6 February 2024. Retrieved 19 February 2024.
  5. ^ 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.
  6. ^ Ghosh, Shona (1 November 2019). "Here are the 3 men quietly overseeing WeWork cofounder Adam Neumann's millions". Business Insider.
  7. ^ Fu, Emily (7 January 2022). "Ex-WeWork CEO Adam Neumann's New Role: Multifamily Landlord". commercialobserver.com. Observer Media.
  8. ^ Mathews, Jessica (18 March 2022). "WeWork founder Adam Neumann is back—as a VC". Fortune.
  9. ^ Putzier, Konrad; Brown, Eliot (4 January 2022). "WeWork Co-Founder Adam Neumann Is Becoming an Apartment Mogul". The Wall Street Journal.
  10. ^ Annie Palmer (30 September 2019). "WeWork pulls IPO filing". Cnbc.com. Retrieved 2020-03-01.