Adam Neumann is an Israeli-American entrepreneur best known as the Chief Executive Officer(CEO) and co-founder of the “WeWork” company, which provides shared services, community and workspace for entrepreneurs, small businesses and freelancers.
Have you ever wondered how rich Adam Neumann is? According to sources it has been estimated that Adam’s overall net worth is $1.5 billion. Neumann has accumulated this impressive sum of money thanks to the rapid growth of WeWork’s’s value, which has increased from $5 billion to $10 billion in less than a year. “WeWork” remains stable and constantly increases Neumann’s net worth.
Adam Neumann Net Worth $1.5 Billion
Neumann was born and raised in Tel Aviv, Israel by a single mother. He spent two years of his early childhood in Indianapolis where his mom trained as a doctor. After serving as an Israeli Navy officer for five years, he finally moved to the US in 2001 in order to manage his sister’s modeling career. He subsequently graduated from the Baruch College of The City University of New York with a degree in business. Before founding “WeWork”, he co-founded and ran “Big Tent Inc.” based in Dumbo, Brooklyn while he was still a student, and developed well known children’s clothing brands, such as “Egg Baby” and “Krawlers”, thereby starting his net worth growing.
Neumann has been an entrepreneur for a long time and created various companies in New York over a period of 10 years. From industries dealing with apparel to the ones dealing with real estate, Adam was also a co founder of “GreenDesk” an eco-friendly working space in New York, which he established with his business partner Miguel McKelvy in 2008. Two years later, they decided to sell their business, and launched “WeWork” in 2010. Their aim was to promote collaboration, and enable people to start their own business. The company started spreading quickly, and now has more than 100 employees across the USA, and in Israel and Europe, and due to its constant growth the founders are planning on expanding it to Mexico City and Montreal, with their final aim is to reach every continent by 2017.
In 2015 it was named one of the most innovative companies by Fast Company magazine. “WeWork’s” friendly communal workspaces have attracted more than 30,000 members around the world and it constantly adds to Neumann’s net worth. When describing the company he founded, Adam calls it a product of a perseverance combination, finding the right people and above all finding a business that he really loves. Neumann is a dynamic entrepreneur with an acute sense for business, which has been proven with his management of “WeWork”, a company that continues to spread around the world, and keeps increasing his wealth.
When it comes to Adam’s personal life, he has been married to an American actress, filmmaker and entrepreneur, Rebekah Paltrow Neumann since October 2008. Rebekah is also a co-founder of WeWork studios and a close cousin of famous actress Gwyneth Paltrow and filmmaker Jake Paltrow. Adam and Rebekah have two children and live in Manhattan. Neumann’s dyslexia hasn’t been a hindrance to his work at all.
