WeWork

Nationality
American

CEO
Sandeep Mathrani

Sector / Main Business Area
WeWork is an American shared-workspace provider, founded in 2010 by Adam Neumann and Miguel McKelvey

Listed / Private
Private

Competitors
Include IWG, Knotel

Fun fact(s)/Brand(s)

After a disastrous attempt to conduct an IPO at a massively inflated valuation – which failed – WeWork’s biggest shareholder, SoftBank, paid Adam Neumann $1.7bn to step down from the board and sever almost all ties with the company. He is, however, retained as a consultant earning an annual salary of $46m! Not bad, eh??

Last reviewed/edited
13th Nov 2020 PW

 

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