The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Basically, if you ever dreamed of living at WeWork, you may be able to do just that if these rumors turn out to be true. (WeWork employees reportedly spent three full days downloading enough TV shows and movies to entertain the children during their travels.). According to a June 2021 profile, they currently seem to reside with their five children in the Hamptons village of Amagansett, adjacent to an estate owned by Rebekah's cousin Gwyneth Paltrow. Basically, Adam is doing just fine despite being forced to resign from his own company. In early 2020, Brown reported that SoftBank was taking steps to back out of Adams exit deal. Despite keeping a very low-profile, their 2021 purchase of a US $17 million retail space in Fort Lauderdale, Florida was widely reported. She taught him how to meditate. Billionaire investor Adam Neumann, co-founder of the co-working space WeWork, and his wife, Rebekah Paltrow Neumann, are selling one of their Westchester, NY, estates for $4.5 million. For an optimal experience visit our site on another browser. According to Billion Dollar Loser by journalist Reeves Wiedeman, by packing up his wife and five kids (they now have six) for a three-week adventure that culminated with a stay in the Maldives. And are Jared Leto and Anne Hathaway's portrayals in Apple TV+'s WeCrashed accurate? In 2019, he co-founded a family office dubbed 166 2nd Financial Services with his wife, Rebekah Neumann, to manage their personal wealth, investing over a billion dollars in real . Fans of Apple TV+s WeCrashed may have come to the show to understand the rise and fall of WeWork, a start-up that began as a company that sold co-working space and later expanded into different fields, before a failed attempt to go public in 2019 led to dramatic changes at the company. This person met with Rebekah for a contract role but found themselves mostly discussing their birth chart to see if he would be a good energetic fit. Despite a tumultuous time in business, it sounds as though Adam and Rebekah remain devoted to one another and their children. The . When Rebekah and Adam were pushed out of WeWork in 2019, Gwyneth made no comment, nor referenced her relationship with the pair at all, and she hasn't since. Khalid Itum, a former executive vice president at MoviePass, was arrested Tuesday after allegedly embezzling $260,000 from the services parent company, Helios & Matheson Analytics. Who better to delve into than the couple at the center of it all? WeCrashed's cast of characters stars Jared Leto as Neumann, Anne Hathaway as his wife Rebekah, and Kyle Marvin as McKelvey. Despite all of this, WeWork and the Neumanns have survived the company's fall from unicorn status. As the school's CEO, Rebekah was left without a job. 2023 Cinemaholic Inc. All rights reserved. But that doesnt mean his dirty tricks are over. Every product on this page was chosen by a Harper's BAZAAR editor. The show, which premieres Friday, opens with WeWork board members gathering for a meeting to oust Neumann ( Jared Leto ). 35 Classic Photos from the Academy Awards, Your Privacy Choices: Opt Out of Sale/Targeted Ads. On his first earnings call since returning, the CEO announced a major reorganization and 7,000 layoffs. In 2010, he co-founded WeWork with Miguel McKelvey, where he served as CEO from 2010 to 2019. She was the company's chief brand and impact officer and led the education program WeGrow. Its unclear how close the two were growing up, but as adults, Paltrowappeared in a WeWork videowith Rebekah Neumann. About a decade later, at a commencement address he gave at Baruch College in New York (where Adam himself studied), the WeWork co-founder said that within minutes of first meeting him, Rebekah pointed out that everything that came out of his mouth was fake.. For Rebekahs 40th birthday, meanwhile, the couple invited about 40 peoplereportedly including Ivanka Trump and Jared Kushnerto Italy, where they stayed in luxury suites, toured three cities, and also enjoyed a yacht. The family rented out a beachfront resort and, according to The Cult of We, parked a five-story yacht nearby that contained a pool, spa, and grand piano. cities." Before meeting Adam, Rebekah worked as an actress and producer, a yoga instructor, and a trader. And while the Goop founder, who is famous for forming her own rather unique business model, was well known to the couple, you won't see her (nor an actor playing her) in the television adaptation. Where Are Adam And Rebekah Neumann Of WeWork Now? CNN Business . To the best of our knowledge, it did not come down.. During this time, she met Israeli entrepreneur Adam Neumann through a college friend, whod met him on a roof, and fell in love with him. Less than two years later, the ex-WeWork CEO announced a new venture, Flow, with $350 million in . To learn more about Jackie, follow her on Instagram @jacktemp or visit her website at jackietempera.com. Rebekah Victoria Neumann (ne Paltrow; born February 26, 1978) is an American businesswoman. When she stepped down from her powerful WeWork role, she also had to let go of her dream school, at least for now. And I know that stung a lot of former WeWork staffers a lot.. The series, "WeCrashsed," introduced us to such eccentric personalities. While recent years have seen LA become a destination art town, its now operating at another level, as the hubbub surrounding Frieze this week has revealed. When she's not gazing at sunsets, she enjoys tucking into a green tea and re-watching 'Sex And The City'. According to Vanity Fair, Rebekah had been taking a six-year long dating break before she met Adam as a spiritual practice. Keith McNallys Memoir Is the Worst Book Ever Written, According to Keith McNally. Rebekah has kept a low profile in recent years, but she and her husband Adam are still trying their hand at various businesses. WeWork CEO Adam Neumann with wife and founding partner Rebekah Neumann. In Rebekah and Adam's hands, that dry, pre-IPO financial document was transformed into a glossy photo album of their love story, packed with warm-fuzzy language about community and the "power . Along with Rebekah, the show is also centered on Jared Leto's Adam Neumann. You can watchWeCrashedon AppleTV+log in or sign up here. In September 2019, when her husband stepped down as CEO, Rebekah also stepped down from her role as co-founder and CEO of WeWork's . So, their lifestyle will likely remain intact. Strangely, his wife was rarely ever mentioned in any of this at the time. The program isactive onInstagramand the page appears to have been a social media page forWeGrowbefore being rebranded. One source called the idea of Jeff Zucker making a bid for the network beyond fantasy.. According to the same book, employees slept on air mattresses in tents. She married her husband, investor and business magnate, Scott Neumann, in an unconventional wedding dress that made headlines all over the world. In 2020, the couple had also reportedly put their Gramercy apartment on the market for an eye-watering $37.5 million. But overall, she seems to be doing just fine. Adam got a $1.7 billion payout when he left WeWork, per CNBC, along with another $50 million-dollar payout from WeWork investor Softbank, the Wall Street Journal reports. Today, Rebekah and Adam Neumann are living in temporary social exile in Tel Aviv after starring in the most sensational corporate collapse probably ever. The dress was designed by artist and fashion designer, Vera Wang. On the investment side, he has been telling people he wants to build apartments for the future of living. (He was hired.). In the flashbacks, viewers see the death of Neumanns older brother, Keith. We dont have a line at all between work and life, she said. Powered by WordPress.com VIP. Per Forbes, Rebekah is reportedly planning to use the curriculum to launch SOLFL (pronounced "soulful"), an acronym that stands for Student of Life for Life. They hired a star-studded castRosario Dawson, Sean Lennon, and Lynn Cohen, fresh off her role as Mirandas housekeeper in Sex and the Cityalong with a twenty-person crew that included a cinematographer flown in from Canada and an assistant director who worked on The Hurt Locker, writes Wiederman. The. The last public-facing contact Rebekah and Gwyneth shared was the 2018 WeGrow promo videothe blog posts Rebekah reportedly wrote for Goop have assumedly been deleted from the website. In March, Forbes estimated that Adam Neumann was worth $4.1. Watch the original video below. Rebekah and Adam Neumann got married on October 9, 2008; they have since welcome five children, their daughter Elle born in June 2011, and two pairs of twin children, Adam and Reno born in July 2015. When they settled, Adam did well, maybe even better in the end, even though the rest of the shareholders did worse, says Brown. WeWork's Adam and Rebekah Neumann: Where Are They Now? . Prior to marrying Adam Neumann, in order to separate herself from her cousin Gwyneth Paltrow, she had started using the stage name Rebekah Keith instead of her birth name, Rebekah Paltrow. .css-o05pt{display:block;font-family:Didot,Didot-fallback,Georgia,Times,serif;font-weight:normal;letter-spacing:0rem;margin-bottom:0;margin-top:0;-webkit-text-decoration:none;text-decoration:none;text-shadow:0 0 0 #000,0 0 0.01em transparent;}@media (any-hover: hover){.css-o05pt:hover{color:link-hover;}}@media(max-width: 48rem){.css-o05pt{font-size:1.18581rem;line-height:1.2;margin-bottom:0.25rem;margin-top:0.625rem;}}@media(min-width: 40.625rem){.css-o05pt{line-height:1.2;}}@media(min-width: 48rem){.css-o05pt{font-size:1.23488rem;line-height:1.2;margin-bottom:0.5rem;margin-top:0rem;}}@media(min-width: 64rem){.css-o05pt{font-size:1.39461rem;line-height:1.2;margin-top:0.9375rem;}}35 Classic Photos from the Academy Awards, 46 of the Coolest Set Photos in Movie History, 'Last of Us' Star Pedro Pascal Posts Upsetting IG, Everything to Know About the 95th Academy Awards, Storm Reid Knows How to Create Heartbreaking TV, Believe It: 'Ted Lasso' Returns This March, Ashley Park Joins 'Only Murders in the Building', Carrie & Aidan Go on a Beach Date in New Set Pics, Sam Smith Is Joining 'And Just Like That' S2, Elizabeth Banks on Cocaine Bear's Brilliant Chaos. But there was something missing the story of Rebekah Neumann, WeWork's shadow co-founder and wife of CEO Adam Neumann . In October 2019, it was announced that WeWork's fledgling school would be shuttering after the 2019-2020 school year, per HuffPost. Kids shouldnt feel like work is something theyre not allowed to peek into, she stated. But at the DealBook Online. There was Adam Neumann, the CEO of WeWork, his wife, Rebekah Paltrow Neumann, and his friend and co-founder, Miguel Mckelvey, who were on the path to re-molding the perceptions that people had about the real estate business. Jess Pullar is the Culture Editor (digital) of marie claire and ELLE. They also purchased two high-rise apartment blocks in Miami. Ad Choices, Jimmy Kimmel Roasts Fragile Snowflake Donald Trump for Allegedly Trying to Censor Him, Ghostwriting Gloria Swanson: The Strange, Sexually Charged Genesis of a Legendary Autobiography, Inside The Vanity Fair EE Rising Star Party 2023, Stars of the screen descended on Battersea for. Heres what Neumann has been up to since leaving WeWork. Rebekah's choice in Halloween costumes is just the latest on the list of details "WeCrashed" incorporated from real life. While it's unclear what Adam and Rebekah will do next, it seems as though they'll have no shortage of funds to do it with. On IMDB, she is listed as an actor and producer on several projects from 2010 to 2014. A brand without a past does not have a future, Adam tells attendees, who are pounding champagne on a Thursday morning. They sold off three of their six properties in New York, valued at a collective $90 million, according to the New York Post. Compared to some of the other founders on other streaming service tech shows right now, thats a very different ending.. Firing because of bad energy: In Gabriel Shermans 2019 V.F. Her bylines include Harper's BAZAAR, Nicki Swift, Cosmopolitan, Marie Claire, ELLE, The Independent, Bustle, Healthline, and HelloGiggles. "Generally speaking, we werent looking to make caricatures out of Adam and Rebekah, and that extended to not wanting to use Gwyneth Paltrow in a sort of unseemly way,"Crevello told. But Rebekah added that Adam is her soulmate, which she knew for a fact the second she saw him, even though he was skinny and shaking because he smoked too many cigarettes. Is WeCrasheds Cameron Lautner Based on a Real Person. All rights reserved. As far as their relationship goes, all reports confirm that Adam and Rebekah are still very much together. The next time we speak, it will be through lawyers.. In my book, theres no reason why children in elementary schools cant be launching their own businesses, Neumann told Bloombergof her goals with the entrepreneurially-focused school, based in WeWork's Chelsea location. Considering much of the Apple TV+ show draws from real life, its quite interesting to see where some of the characters real-life counterparts are. But Neumann is not yet therebecause hes still in bed, in the reported $35 million Gramercy condo he and wife Rebekah (Anne Hathaway) inhabit. Rebekah went on that first date with me, Adam said while talking about the importance of finding a life partner during his commencement speech for Baruch College in 2017. Adam and. Adam Neumann and Rebekah Paltrow Neumann. This past October, WeWork finally went publicand Adam celebrated by hosting what the New York Post described as a booze-soaked party for more than 100 of his earliest employees. Champagne was served as early as 9 a.m. One Post source added, The irony is not lost on the fact that they are inviting former employees who got no money from the company they nearly destroyed, and in some cases, some who were laid off after the last IPO attempt. Rebekah is married to Adam Neumann. The 2017 event took place outside London, and according to attendees who spoke to New York magazine, served wine to WeWork employees by the bottle. It would seem that Rebekah's plans for SOLFL might be quietly moving forward, though, as her husband was photographed wearing a "Student for Life" shirt in October 2021. Gwyneth interviewed her cousin for GOOP in 2018 to discuss her latest project, WeGrowa school that costs $42,000 per year. Ultimately, after spending some time in Tel Aviv-Yafo, Israel, where their kids were even enrolled in school, they returned to New York. Apple However, as Fortune notes, in 2019 Adam was estimated to be worth a whopping $14 billion, so he's definitely. Neumann is not involved with Goop, Paltrows lifestyle company. To the extent that the phone call ever happened, I seriously doubt it. The once-booming company completely failed, and in 2019, filed for an IPO, marking down its value to $10 billion. Adam Neumann and wife Rebekah Neumann are seen in 2018. . "Rebekah went on that first date with me," Adam said while talking about the importance of finding a life partner during his commencement speech for Baruch College in 2017. Wall Street Journal reporter Eliot Brown speaks to V.F. According to Billion Dollar Loser, the couple recruited a screenwriter named Hunter Richards to direct a short film based on an idea Rebekah had come up with. (I read it the second I see it pop up, says Richard Plepler.) The New York Times notes that several decisions made by the CEO may have allowed him to personally benefit from the venture, such as selling the "We" trademark to the company for $5.9 million. He'd had a tumultuous two weeks. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. You may be able to find the same content in another format, or you may be able to find more information, at their web site. Everything we know about her relationship with Rebekah Neumann. (A follow request went unanswered. She then said, Every single word that comes out of your mouth is fake.. But the private real-estate firm faced a disastrous time in 2019, resulting in Adam being forced out of his CEO position. Rebekah met Adam in 2007 through a friend of hers, and the first meeting was seemingly quite dramatic. And does WeCrashed really give us the whole story? The couple pose for PORTER. They met through a friend up on a roof somewhere, and Adam liked to. Mar 18, 2022 95 Dislike Share ET Canada 1.07M subscribers ET Canada's Morgan Hoffman speaks with co-stars Jared Leto and Anne Hathaway about transforming into WeWork founder Adam Neumann and. So what are we, aghast witnesses and WeCrashed audience members, supposed to learn from this tale of a barefoot man who became a billionaire by preaching togetherness while simultaneously screwing over his employees? Is Rebekah Neumann still married? Richards presumed that Dawson would play the leadhe said Dawson thought she would, toobut when they arrived on set, Rebekah made clear the role was hers. As portrayed in WeCrashed, Adam Neumann's personality was often at the center of WeWork, for better and for worse. Neumanns father Robert is the brother of Paltrows late father, director Bruce Paltrow. James OKeefe, Accused of Leading Like a Power-Drunk Tyrant, Ousted From Project Veritas. The company has since been rebranded as Student of Life for Life or SOLFL (pronounced soulful) as the couple mounts a comeback. Adams 40th birthday extravaganza: How did WeWorks excess-happy cofounder celebrate such a milestone? The company specializes in . The former talk show host posted a video of a surprise party where Meghan and Harry were joined by guests including Gwyneth Paltrow and Katy Perry. After graduating college, Rebekah enrolled in Salomon Smith Barneys Sales and Trading Program before spending the next five years trying to make it in the entertainment industry. I was studying life. Republicans are threatening DirecTV with hearings and Newsmax hosts are appealing to viewers (as Fox News sits on the sidelines). Of course, it looks like things got more amicable between the two after that, as Adam and Rebekah were then married in 2008. According to the report, Rebekah spent the duration of the meeting discussing his birth sign to determine if he would be a good fit, energetically speaking. But if you talk to those people now, I think they would say that was a fleeting moment. Referring to Adams first public interview since leaving WeWork, last November, Brown said, If you look at the New York Times interview, he didnt apologize. 9984. The deal values Vox Media at half of what it was worth back in 2015, as many in the industry struggle with lagging advertising revenue. Since then, the educational brand has beenrelaunched as SOLFL. When Adam and Rebekah Neumann began WeWork, she became the Chief Brand and Impact Officer of the We Company, where she basically worked as her husbands strategic thought partner. In other words, apart from being a socialite of sorts and focusing most of her energy on WeGrow, a private school shed founded in 2017, one of Rebekahs jobs was to fire people for having a bad energy. But despite her efforts as a businesswoman, We Companys S-1 documents claim that the co-founder never received a salary from them. Young billionaire Adam Neumann co-founded WeWork in 2010. Written and directed by Jed Rothstein, Hulus WeWork: Or the Making and Breaking of a $47 Billion Unicorn is a documentary that follows the brutal collapse of WeWork, a company founded by Adam Neumann, with his wife Rebekah, in 2010. about Adam Neumann's "golden parachute" and what the disgraced tech leader. To find answers, we turn to Eliot Brown, the Wall Street Journal reporter who coauthored The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion along with Maureen Farrell. Eisenberg added that the profile of Gwyneth wouldn't have added anything extra to the narrative, especially given her own public persona. Nov. 9, 2021 Since being forced out of WeWork two years ago, Adam Neumann has stayed quiet in public about the near-collapse of the co-working empire he co-founded. I got the sense that she was guiding the company through her astrological intuition, one person who met with Rebekah told Vanity Fair. As for the state of the couple's marriage, a source told the New York Post, "Adam and Rebekah are devoted to one another and devoted to those kids. While Adam has remained fairly quiet about what he's planning to do post-WeWork, his real estate holdings might point to the answer. What Is 'RHOSLC's Jen Shah's Net Worth In 2023? You may be able to find the same content in another format, or you may be able to find more information, at their web site. (Rebekahs brother died of cancer at age 23, and she was concerned the electromagnetism could cause cancer.) feature, he reported that Rebekah fired a mechanic for WeWorks Gulfstream, two executives told me, because she didnt like his energy. This allegation has been supported by The Wall Street Journal, which reported, that Rebekah had employees fired within minutes of meeting them for the same apparent offense. She said she could tell she and Adam would create something large-scale for the planet, and that he would be the man to help save the world. She went on to say, Thats why I married him., Despite marrying quickly, it wasnt love at first sight. ' With that as the origin of their still strong relationship, Rebekah gave Adam a crash course of what she called the game of life, which led to them playing it together. However, as Fortune notes, in 2019 Adam was estimated to be worth a whopping $14 billion, so he's definitely been negatively impacted by WeWork's first failure to go public. He later sold the company for $5 million. The show itself certainly still references that Rebekah was clearly inspired by Gwyneth (honestly, we would be too if our cousin had made it in Hollywoodand built an entire lifestyle brand), and she's routinely asked by colleagues and acquaintances, "Is Gwyneth here?" In 2019, Adam received a reported $1.7 billion from the stakeholder Softbank to step down as CEO of WeWork, but he was retained as a consultant with . The show business legend was ubiquitous for 40 years. They previously owned a townhouse in Greenwich Village, New York, which they sold in August 2021 for $13.65 million, and Vanity Fair suggests that the couple has offloaded other properties since parting ways with WeWork. On the movie site, she is identified as Rebekah Paltrow Neumann, but in her films she was credited as Rebekah Keith. "I think that would have taken you out of the show and also not the story that we wanted to tell," he explained, adding that her only purpose in the storyline is how her famous profile reflects on Rebekah. "Generally speaking, we werent looking to make caricatures out of Adam and Rebekah, and that extended to not wanting to use Gwyneth Paltrow in a sort of unseemly way,"Crevello toldEntertainment Tonight. Kerry Breen is a reporter and associate editor forTODAY.com, where she reports on health news, pop culture and more. The couples management styles have since been examined in documentaries like WeWork: or The Making and Breaking of a $47 Billion Unicorn; podcasts like WeCrashed, and the Apple TV+ show. By 2018s retreat in London, though, the disparity between Adam and Rebekah and the WeWork employees was abundantly clear. Outside of business, she is known as the cousin of Marvel actress Gwyneth Paltrow. She is passionate about body diversity and representation, mental health, and the fight to end sexual assault and harassment. , we Companys S-1 documents claim that the profile of Gwyneth would n't have added anything extra to narrative... Brother died of cancer at age 23, and a trader him., despite marrying quickly, will..., but she and her husband Adam are still very much together Rebekah are still trying their at... By 2018s retreat in London, though, the show business legend was ubiquitous for 40.... Paltrows late father, director Bruce Paltrow learn more about Jackie, follow her on Instagram jacktemp! Efforts as a businesswoman, we Companys S-1 documents claim that the never... Wework and the City ' to learn more about Jackie, follow her on Instagram @ jacktemp or her! Slept on air mattresses in tents the narrative, especially given her own public persona Leto ) the Neumanns survived. 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