ADAM Neumann is a businessman who co-founded WeWork with Miguel McKelvey.
A Hulu documentary takes a close look at WeWork, a commercial real estate company that provides shared workspaces for technology startups and other services.
WeWork documentary: Who is Adam Neumann?
WeWork: Or The Making and Breaking of a $47 Billion Unicorn is a documentary that launched on Hulu in April of 2021.
The film is "an account of the six-week death spiral that brought down the company's IPO," and "a behind-the-scenes look at WeWork's frat-boy culture."
Neumann, 42, co-founded WeWork in 2010, but he resigned as CEO in 2019 following mounting pressure from investors.
"Investors rewarded Neumann’s charisma and ambition, but he also created and endorsed a toxic culture of overwork," according to HuffPost.
"In the film, Neumanns brags about working until 2 and 3 am and yells, 'Never give up! Work until you drop!' in a speech to employees.
"He created a company culture that was unsustainable, manipulative and full of red flags."
Neumann was able to find much success, the film suggests, "because he fit a certain white male leadership mold that made investors feel good, not because the financial data added up," according to HuffPost.
"He was the ideal culture fit, a concept that encourages people with power to favor 'who I personally like' and 'who reminds me of me' rather than who can actually do the job."
What is Adam Neumann's net worth?
Neumann's net worth is estimated to be $1.3billion as of 2021 according to Bloomberg.
He resigned as CEO shortly before the company cancelled a planned IPO, Forbes reported.
Neumann was born in Tel Aviv-Yafo, Israel on April 25, 1979.
He has been married to his wife Rebekah Neumann since 2008, two years before he co-founded WeWork.
Apple TV+ is releasing a new scripted series titled WeCrashed inspired by the true events of WeWork's rise and fall.
Jared Leto will play WeWork founder Adam Neumann in the scripted series.
Actress Anne Hathaway will costar alongside Leto as his love interest Rebekah Neumann.
Leto and Hathaway are both also executive producers on WeCrashed.
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