Forbes just revoked Adam Neumann’s billionaire status and lowered its estimate of his personal net worth to $600 million — which means his purported net worth has plummeted by $3.5 billion in just 7 months
|10/11/2019||Posted by BusinessMediaguide.Com under General World News||
- Forbes estimates that former WeWork CEO Adam Neumann‘s net worth has plummeted from $4.1 billion in March to $600 million as of October 10.
- The $3.5 billion fall in Neumann’s fortune was caused by a drop in WeWork’s evaluation following its botched IPO, Forbes’ Samantha Sharf reported.
- WeWork cofounder Miguel McKelvey also lost his membership in the three comma club between March and October, Forbes estimates.
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Adam Neumann is no longer a billionaire, Forbes now estimates.
The former WeWork CEO’s net worth has plummeted to $600 million, the magazine estimates, read more >>>