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Adam Neumann

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Gender Male
Age 45
Born Tel Aviv-Yafo
Israel
Net worth4. 1 billion USD (2019)
Forbes
Spouse Rebekah Neumann
ChildrenElle Neumann
Job Businessperson
Film Producer
Date of birth April 25,1979
Zodiac sign Taurus
Height 196 (cm)
Siblings Adi Neumann
NationalityIsraeli
Education Baruch College
Zicklin School of Business
FoundedWeWork
Flow
Date of Reg.
Date of Upd.
ID434920
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Adam Neumann Life story


Adam Neumann is an Israeli-American billionaire businessman and investor. In 2010, he co-founded WeWork with Miguel McKelvey, where he served as CEO from 2010 to 2019.

How WeWork's founder flew too close to the sun

How WeWork's founder flew too close to the sun
Nov 7,2023 8:51 pm

...By Simon JackBusiness editorThe story of Adam Neumann and the rise and fall of WeWork reads more like a parable than a business story...

Co-working giant WeWork files for bankruptcy in the US

Co-working giant WeWork files for bankruptcy in the US
Nov 6,2023 10:41 pm

... Demand for co-sharing office spaces by WeWork was hit after a disastrous 2019 effort to raise money in a public listing hurt its reputation and led to the ousting of its co-founder Adam Neumann...

WeWork to start closing some offices around the world

WeWork to start closing some offices around the world
Nov 1,2023 9:41 pm

... A week before the company confirmed that its share sale had been scrapped, its founder Adam Neumann stepped down as chief executive...

WeWork plans to file for bankruptcy, reports say

WeWork plans to file for bankruptcy, reports say
Nov 1,2023 12:31 am

... A week before the company confirmed that its share sale had been scrapped founder Adam Neumann stepped down as chief executive...

WeWork: What went wrong for the much-hyped firm?

WeWork: What went wrong for the much-hyped firm?
Aug 18,2023 11:11 pm

... They also mocked the ambition and incomplete comeuppance of co-founder Adam Neumann, - and a multi-billionaire...

WeWork: Shares slide as it raises 'substantial doubt' over future

WeWork: Shares slide as it raises 'substantial doubt' over future
Aug 8,2023 10:21 pm

... The company s first attempt to go public collapsed in 2019 over concerns about its business model and co-founder Adam Neumann s leadership style...

Would you rent a vacuum cleaner for $499 a month?

Would you rent a vacuum cleaner for $499 a month?
Feb 16,2020 8:25 am

... Its chief executive Adam Neumann, departed and was replaced with Softbank executives...

When to fire the boss: A tale of three sackings

When to fire the boss: A tale of three sackings
Feb 16,2020 7:27 am

...Travis Kalanick, Elizabeth Holmes and Adam Neumann have all left the firms they founded The names of some business leaders are so closely associated with the companies they run that it s almost unthinkable the firm could exist without its boss...

Would you rent a vacuum cleaner for $499 a month?

Feb 16,2020 7:27 am

Vacuum cleaning is a chore many people are happy to outsource, but one company is trying to persuade firms to swap an automated service for human cleaners.

Softbank, the Japanese firm behind WeWork and Uber, has launched a self-powered machine, dubbed The Whiz, at a hefty price tag of $499 (£381) a month.

Softbank says its robot is meant to replace "over-worked janitorial teams. "

The Whiz is not initially automatic, as a human has to lead it around until it can learn the cleaning route.

It has been developed by Softbank's US robotics arm and Hong Kong -based firm Intelligent Cleaning Equipment.

The three-feet-tall (0. 9 metres) vacuum was initially only offered for rent in Japan and Hong Kong .

'Cleaning efficiency'

The Machine sends an alert if there is an issue, such as bumping into a wall. After Three Hours , it can cover 15,000 square feet (1,394 square metres) but then will need a battery change.

A person has to teach the Whiz where to go

It also gathers data and produces a report with analytics on dirt levels.

Softbank says in its presentation materials this provides the ability to "actively demonstrate cleaning efficiency to stakeholders".

One UK firm told the BBC they were planning to conduct trials with the robot in hotels around Southampton.

Ellen Gasson, marketing director for Hampshire-based Industrial Cleaning Equipment (a different business from the Hong Kong company), says when they trial The Machine in hotels, a cleaner will need to be present to allow the robot into rooms to clean floors.

WeWork rescue

The vacuum cleaner launch comes after tech investor Softbank announced its worst ever financial results, earlier in November.

Softbank reported a £5bn operating loss for the second quarter of 2019, after companies it invested in, Uber and WeWork, suffered poor financial Performances .

The robot cam navigate around office workers

WeWork, a flexible Office Space company had to be. Its chief executive Adam Neumann , departed and was replaced with Softbank executives.

Despite the negative recent press, some analysts remain positive on Softbank and see The Company 's stock as undervalued.

"The WeWork debacle has eroded investor confidence but we retain our strong conviction regarding the long-term outlook for The Company ," said Chris Lane , an analyst at Bernstein in a research Note .



uber, wework

Source of news: bbc.com

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