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WeWork’s shrinking IPO will erase billions from CEO Adam Neumann’s payday, but he’ll still likely come out a multibillionaire

Adam Neumann WeWork CEO

  • If WeWork’s valuation gets compressed in its IPO, there’s one person who stands to lose a lot of money: founder and CEO Adam Neumann.
  • We don’t know how much he could lose because the company hasn’t disclosed enough information about his ownership.
  • However, we do know some information about the number of shares he controls.
  • And we know some information about how much SoftBank paid for some shares when it invested at a $47 billion valuation.
  • Based on those tidbits, we calculate that Neumann could lose billions immediately and perhaps millions of dollars more if he fails to earn certain equity tranches that read more >>>

    Source:: BusinessInsider.Com