Zero Hedge has declared Adam Neumann a con artist, citing properties bought in his own name and leased to WeWork and the use of company funds to support a private school for his own child. The article is based on an interview with Neumann’s wife, who said he had been “scammed by some people that I don’t even know.”
Zero Hedge has declared Adam Neumann a con artist, citing properties bought in his own name and leased to WeWork and the use of company funds to support a private school for his own child. The comments came after the Wall Street Journal revealed that the founder and CEO of WeWork has cashed out more than $700m from a mix of share sales and debt in what is thought to be one of the largest insider sales on record for a tech unicorn ahead of a public listing.