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New Book Claims Neumann’s WeWork Wealth Was Bigger Than Previously Known

Jo MeunierbyJo Meunier
July 19, 2021
in News
Reading Time: 1 min read
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New Book Claims Neumann’s WeWork Wealth Was Bigger Than Previously Known
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A new book published about Adam Neumann’s tumultuous time at WeWork has revealed that the wealth he extracted from the company is much more than previously known.

According to ‘The Cult of We: WeWork, Adam Neumann and the Great Startup Delusion’, a book set to be released Tuesday by Wall Street Journal reporters Eliot Brown and Maureen Farrell, Neumann extracted more than $2.1 billion from the company since its founding.

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This extraordinary sum reportedly came from stock sales, cash settlement payments and WeWork shares, and came despite the company burning through billions of dollars and laying off thousands of staff.

The new publication is set to lay bare new details of Neumann’s life at WeWork, including his extravagant rise, swift fall and golden goodbye.

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Jo Meunier

Jo Meunier

Jo is Allwork.Space's Senior Editor for the UK and Europe. Jo has worked within business centre and coworking circles since 2009, researching and contributing written features for numerous industry publications. She reports on the latest market news and delves into local issues with one main objective: to champion the flexible workspace industry and its members.

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