Adam Neumann

$2.29B

as of 09/30/24

About Adam Neumann

Adam Neumann cofounded coworking firm WeWork; he resigned as CEO in September 2019 shortly before the company canceled a planned IPO.

After the failed IPO, new leadership led WeWork to sell some of its assets, including a wave pool business it had acquired.

WeWork ultimately went public, in October 2021, by merging with blank check company BowX Acquisition Corp.

Neumann owns a nearly 10% stake in the public company, after having sold nearly $1 billion worth of his WeWork shares while the business was private.

WeWork filed for bankruptcy in late 2023. In early 2024, lawyers for Neumann criticized the company for ignoring their client's inquiries about potentially buying back WeWork.

Since leaving WeWork, Neumann has acquired majority stakes in apartment buildings worth nearly $1 billion before debt.

Neumann's new residential real estate startup Flow was valued at more than $1 billion by Andreessen Horowitz in 2022.

Personal stats

Citizenship

Israel

Source of wealth

WeWork

Residence

Miami, Florida

Marital status

Married

Birth date

04/01/79 (age 45)

Number of children

Education

City University of New York Baruch

Self-made

self-made

Adam Neumann’s fortune is worth

38K

troy ounces of gold

35K

median U.S. household

23K

median U.S. income

0.046%

U.S. credit card volume

0.009%

GDP of the United States

0.007%

United States debt

Net worth history

Annual ranking

Did you know?

Neumann was raised on a kibbutz in Israel and moved to New York City in 2001 following his sister, a Miss Teen Israel, as she pursued a modeling career.