The Canadian Encyclopedia — neutral, cited, updated
July 26, 2026Sources cited
Canadianwire.
Canada’s encyclopedia & explainer
HomeBusiness & MoneyEntrepreneurAdam Neumann
Business & Money • Entrepreneur

Adam Neumann

Adam Neumann is an Israeli-American businessman and entrepreneur best known as the co-founder and former chief executive officer of WeWork.

By Ethan Anderson| Reviewed by Olivia Bennett, Standards & Fact-Checking Lead| Updated July 26, 2026|2 min read| Fact-checked

Adam Neumann is an Israeli-American businessman and entrepreneur best known as the co-founder and former chief executive officer of WeWork. After leaving WeWork in 2019, he has remained active in real estate and venture-backed investing, including launching the residential real-estate company Flow.

Early life

Adam Neumann was born in Tel Aviv, Israel, on 25 April 1979. He later became an Israeli-American businessman. Sources also describe him as having grown up in Israel before moving into entrepreneurship in the United States.

WeWork

Neumann is best known for co-founding WeWork with Miguel McKelvey in 2010 and serving as its CEO until 2019. He resigned in 2019 after problems surrounding WeWork’s planned initial public offering. WeWork filed for bankruptcy in 2023.

Later business ventures

After leaving WeWork, Neumann and his wife Rebekah Neumann created a family office called 166 2nd Financial Services in 2019 to manage personal investments. He later founded Flow, a residential real-estate company, in 2022.

Wealth and public profile

Neumann’s wealth has fluctuated with WeWork’s fortunes and the value of his other holdings. Forbes reported his net worth at about US$2.2 billion as of February 2024.

Key facts

  • Adam Neumann co-founded WeWork in 2010 and served as its CEO until 2019.
  • He resigned in 2019 after problems surrounding WeWork’s planned initial public offering.
  • Forbes estimated his net worth at about US$2.2 billion as of February 2024.
  • He later founded Flow, a residential real-estate company, in 2022.
  • WeWork filed for bankruptcy in 2023.
🍁
Canadian context

Adam Neumann has no major direct Canada-specific role in the provided sources, but his WeWork story is relevant to Canadian readers as part of the global coworking and venture-capital landscape.

Frequently asked questions

Who is Adam Neumann?
Adam Neumann is an Israeli-American entrepreneur best known as the co-founder and former CEO of WeWork.
What is Adam Neumann known for?
He is known for helping build WeWork into a major coworking company and for later launching new real-estate ventures.
When did Adam Neumann leave WeWork?
He resigned as CEO in 2019 during the company’s troubled IPO period.
What companies has Adam Neumann founded?
He co-founded WeWork, later co-founded 166 2nd Financial Services with Rebekah Neumann, and founded Flow.
What is Adam Neumann’s nationality?
He is described as Israeli-American.
What is Adam Neumann’s estimated net worth?
Forbes estimated his net worth at about US$2.2 billion in February 2024.

References

  1. Wikipediahttps://en.wikipedia.org/wiki/Adam_Neumann
    Supports: Birth date, birthplace, nationality, WeWork co-founding, CEO tenure, and family office details.
  2. Forbeshttps://www.forbes.com/profile/adam-neumann/
    Supports: WeWork departure, ownership context, Flow valuation, residence/citizenship details, and net worth estimate.
  3. Business Insiderhttps://www.businessinsider.com/wework-ceo-adam-neumann-bio-life-career-2019-8
    Supports: WeWork bankruptcy filing date and career background context.
  4. BBC News Brasilhttps://www.bbc.com/portuguese/internacional-62600143
    Supports: WeWork’s peak valuation, IPO-related decline, and Neumann’s resignation context.