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fne8w2ah@lemmy.world to A Boring Dystopia@lemmy.worldEnglish · 2 years ago

WeWork founder remains a billionaire even with firm’s bankruptcy | The Straits Times

www.straitstimes.com

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WeWork founder remains a billionaire even with firm’s bankruptcy | The Straits Times

www.straitstimes.com

fne8w2ah@lemmy.world to A Boring Dystopia@lemmy.worldEnglish · 2 years ago
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WeWork founder remains a billionaire even with firm’s bankruptcy
www.straitstimes.com
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WeWork never figured out how to make money. Mr Adam Neumann sure did. Read more at straitstimes.com.
  • Chetzemoka@startrek.website
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    2 years ago

    Oh. Are you not aware of the background of this whole thing? The company didn’t fail after he left. The company was a scam right from the start and he was directly involved. He’s just a grifter.

    https://jacobin.com/2019/11/wework-adam-neumann-con-artist-grifter-entrepreneur

    • protist@mander.xyz
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      2 years ago

      I am very aware, not saying he wasn’t involved, just that he is no longer involved and hasn’t been for awhile

      • kandoh@reddthat.com
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        2 years ago

        It’s weird because usually the majority of a startups founders wealth is stock in the company. So even if he left and wasn’t involved, the majority of his wealth would still be tied to the company.

        • protist@mander.xyz
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          2 years ago

          His behavior became a huge liability to the company, so he was bought out by the investors a while back

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