Rebekah and Israeli entrepreneur Adam Neumann met in New York and married in 2008. To revist this article, visit My Profile, then View saved stories. His personal worth plunged from $10 billion to, Forbes reported, $750 million. By now, just about everyone knows the origin story of WeWork, the coworking start-up founded by two extremely tall men: Adam Neumann, a six-foot-five college dropout who grew up on a kibbutz in Israel, and Miguel McKelvey, a six-foot-eight architect who grew up on a commune in Oregon. Neumann's larger-than-life personality sold investors on the idea of WeWork, which set itself apart from other startups as a fun, loose brand that encouraged everything from taking shots and smoking weed during work hours to working 20-hour days and attending 2 a.m. meetings, as reported by The New York Times. Still to come, an adaptation of Wall Street Journal reporters Eliot Brown and Maureen Farrells book, starring Nicholas Braun, who plays cousin Greg on Succession, via Chernin Entertainment, which has a multiyear first-look deal with Netflix. They combined the fifth, sixth and seventh floors, demolishing interior walls on one floor to create a gargantuan master bedroom. VistaJet, the authors write, was frequently forced to deal with Adams onboard partying: taking jets out of service to clean up alcohol spills and vomit. Neumann's wife Rebekah who was also a co-founder of the company and created a WeWork-affiliated school called WeGrow that cost up to $42,000 per year and shut down in 2019 appeared to be . Palmer Haasch. Sometimes he abandoned them upon landing, leaving staffers to find their own way home. [6] She is a first cousin of actress Gwyneth Paltrow. A 523 error means that Cloudflare could not reach your host web server. Following the 2021 release of the documentary "WeWork: Or the Making and Breaking of a $47 Billion Unicorn" and the 2022 dramatic TV series, "WeCrashed," a spotlight fell onto Rebekah Neumann, the wife of WeWork's co-founder, Adam Neumann.Part of this public scrutiny is due to her involvement in the ill-fated company, but a lot is also because of her unusual business philosophies and her plans . The company was instead valued at around $10 billion. Tech investor Sheel Mohnot, who was also at the party, said he saw Adam wandering aimlessly around the house, adding that he didnt appear to be with anybody. You won't find . Then, she realized she had a mutual connection with the mother of five. it was with some of a $1 million wedding . document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Thanks for contacting us. It seemed like a fancy contraption for a man who, during meetings, would sometimes finish off meals prepared by his private chef by licking the plate clean. In addition, Adam and Rebekah wanted to invite Jared and Ivanka to Rebekahs 40th birthday party in Italy. She co-founded The We Company, which started out as WeWork, with her husband, CEO Adam Neumann . Ben Gabbe/Getty ImagesAdam Neumann and Rebekah Paltrow Neumann attend the 2018 Time 100 Gala at Jazz at Lincoln Center. This is to say that while maybe she did grow up in a treehouse just off a dirt road, it would appear there was still enough money floating around to have a company plane and a pilot that flew the family to vacation homes in different corners of the country. [5] Her father had a direct mail business and spent a number of years in prison for tax evasion. Anne Hathaway appeared on the screen of our laptop, natural and warm. He also has said that Rebekah has used her years of accumulated wisdom to teach him about the game of life. But as any player knows, game recognizes game. [7][8] She received her yoga instructor certification from the Omega Institute for Holistic Studies. Instead, he would hop on a chauffeured Jet Ski. Her husband is a businessman and investor who is famous for being the co-founder of WeWork. According to a person familiar with the matter, she has taken over a building in Amagansett to school her kids along with the children of a few other families and has been reaching out to former WeWork employees to join the venture. Finally, security was asked to enter the CEOs room and check on him. Rebekah was integral to her husbands business from the start, though her role was mostly as a behind-the-scenes adviser, financier, and muse, what she called a strategic thought partner. (At an event in 2018, she raised some eyebrows when she declared that [a] big part of being a woman is to help men [like Adam] manifest their calling in life.) When the company launched, she was still trying to make it as an actor, according to early employees of WeWork. She entered the Salomon Smith Barney's Sales and Trading Program after graduating from Cornell University. For example, he became obsessed with surfing, but found it a hassle to get to the big waves. According to Vanity Fair: "She wanted a place that would nurture children's spirits and souls as much as their minds, a place where they could learn about meditation and mindfulness, farming and entrepreneurship." 9 hours ago, by Monica Sisavat . Rebekah is the wife of WeWork co-founder Adam Neumann, and also Paltrow's first cousin (their dads were brothers). Getting to Mars would be the easy part, Adam told [Musk]. On one of Adams flights, there was so much marijuana smoke in the cabin that the crew felt the need to don oxygen masks. Performance & security by Cloudflare. Episode two opens with Adam and Rebekah Neumann's wedding on 9 October 2008. After immigrating from Israel to New York City in 2001, he tried his hand at Krawlers a line of baby clothing with padded knees which flopped. She was commanding them to do as she said from the well-lit stage and they were down in the mud, wearing special wristbands to track their mandatory attendance. The WeGrow school only had about 46 students that year, 4 of whom were the Neumanns own children. At one point, some of Neumann's . Una gran parte de ser mujer es ayudar a los hombres a manifestar su vocacin en la vida. Tuition went up to $42,000. According to the Wall Street Journal, Neumann ordered multiple employees fired after meeting them for just minutes, telling staff she didnt like their energy., so a reporter bought a ticket to WeWork Summer Camp and heard WeWork cofounder Rebekah Neumann (wife of CEO Adam Neumann and cousin of Gwyneth Paltrow) say in front of 8,000 people this comment, which sent my eyebrows into the stratosphere https://t.co/NT0bL33E2v pic.twitter.com/SaTnIGbxf5, Ellen Huet (@ellenhuet) September 5, 2018. Her famous cousin loomed large in her mindshe debated about whether to continue using her birth name in the industry and met in WeWorks office with consultants to advise her about the issue, according to employees who were there at the time. Until September 22, 2019, she served as chief brand and impact officer at WeWork, a company founded by her husband, Adam Neumann, and oversaw its education program WeGrow. Musk was an idol, yet he put Adam in his place When Adam recounted the meeting to Rebekah, she told him it was a moment of humility he probably needed.. If the TV series is to be believed, Paltrow owns a considerable amount of proverbial real estate in Neumann's head, but it doesn't appear that there was always a sort of competition between the two women. [13] In 2019 Rebekah Neumann began calling herself a cofounder of WeWork. According to the Post: "The devoutly religious Jewish family first went to South America, where Adam surfed, friends said. Her father gifted her and Adam $1 million at . "WeCrashed," a scripted series about the rise and fall of WeWork, Adam . Between missed opportunities and the erratic behavior of Adam, its CEO, WeWork became a shambles by 2019. [15][16], In October 2019, it was announced that the WeGrow school would close at the end of the academic year. The children would protest: We were allowed to do that this weekend. At the WeWork headquarters on Eighteenth Street near Sixth Avenue, Adam installed a secret exit, an ice plunge a metal tub filled with ice water, meant to stand in to refresh ones legs and a smoke eater. A high-powered HVAC vent usually used in cigar bars to keep the air clear, Neumanns smoke eater was for marijuana, according to the book. Her eldest daughters kindergarten just wasnt the right environment, she said. (He was hired.) Next! Corbis via Getty Images. Rebekah Neumann has bought back WeGrow, with plans to relaunch the school. Hes also been investing in various start-ups tied to the real estate world. WeWork's Adam and Rebekah Neumann: Nine Crazy Real-Life Stories. It was a big and busy life, but as a former employee who worked closely with Adam and Rebekah says, They really believe they were anointed to change the world.. Her gowns are all handmade and feature intricate detailing that will make you feel like a true princess on your big day. They had promised to rescue 21st-century employees from the drabness of single . Following the fall of WeWork, Adam Neumann received a hefty exit package, which included a revised stock award of $245 million and more than $192 million in cash, the New York Post reported. In September 2019, Adam Neumann resigned as CEO, thousands of WeWork employees were laid off, and the company's IPO failed, according to Fortune. The wife of WeWorksfounder Adam Neumanncarved out her own little space as a New Age execand the companys downfall isnt slowing her. The Neumanns have downsized significantly. Another person said that both Adam and Rebekah complimented him several times on his good energy when they first met him. I find Jared to be one of the most sophisticated real estate developers on earth, Adam Neumann told Bloomberg Businessweek in 2016, A lot of times when Im with Jared, I take cues from his behavior just to learn how to act. On their first date, she looked me straight in the eye and she said, You, my friend, are full of shit, he recalled during a 2017 speech at Baruch College (he was both the star commencement speaker and, finally, a graduate 15 years after enrolling). May 25, 2022 by Kimberly French. Where are Adam Neumann and Rebekah Neumann now? Adam founded WeWork with Rebekah's help . Teachers would return on Monday to find trash on the floor and chairs in the wrong rooms all because Adam and Rebekah had used the school for a dinner party. ), People who worked closely with Rebekah say that, at her best, she is smart and driven and was influential on WeWorks branding, coming up with clever ideas like the slogan Do what you love, focusing on creators, and honing the companys environmentally conscious ethos through efforts like banning meat consumption in the office. Adam was hungry to work with the SpaceX and Tesla head on his plans for Mars, where Musk aspires to one day construct a habitable colony. If you're looking for a unique wedding dress with a touch of elegance, Rebecca Neumann is the designer for you. In five years WeWork will be the new norm for education, Adam prophesied at an event in 2018. It felt like I was meeting post-crucification jesus, tweeted Delian Asparouhav, a principal at Founders Fund, which organized the event. Finally, it landed with Maria Comella, WeWorks top public affairs and policy executive. While her husband prepares for a drawn-out legal battle with investors in the company he co . By Jacqueline Tempera Published: Mar 18, 2022. Outside of business, she is known as the cousin of Marvel actress Gwyneth Paltrow. Rebekah sits in front of a fireplace, cataloging memories while images from her real lifeher childhood, her wedding to Adamappear on-screen. But in the spring of 2018, she was tasked with calling up phone companies and pleading for her boss and his wife: Please move this antenna. Meanwhile, WeWork is finally having its IPO through a special-purpose acquisition company. What happened at Rebekah Neumann's wedding? Almost 4 percent of WeGrow students cited religious exemptions to vaccines that year, compared with 0 percent at prestigious private schools such as Horace Mann, Trinity, and Collegiate (although not dissimilar to anthroposophic institutions, such as Steiner and Waldorf schools that are known for emphasizing childrens spiritual development). Your IP: The Neumanns were We, having secured the trademark to the word and later charging the company $5.9 million to license it back. Jared Leto and Anne Hathaway in "WeCrashed." AppleTV+. She is famously known as Adam's wife and was the former CEO of WeGrow, WeWork's education program. The book is packed with stories of his shocking managerial style. WeCrashed is as much of a love story. 6 hours ago, by Eden Arielle Gordon Friends describe her as generous, always willing to offer the keys to one of her homes, a nurturing mother, and extremely spiritual. One friend likened Rebekah to a hungry ghost, a Buddhist metaphor that describes a person tormented by unfulfillment. 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 . The soul-searching school had an annual tuition of $22,000 to $42,000 but ultimately closed in 2019 after WeWork's IPO (initial public offering) failed. That date is accurate, as is the fact that Rebekah's father Bob gave his daughter a $1m wedding gift which the . Rebekah Neumann, one of the central characters in the real-life drama of the ill-fated company, and the Apple TV+ series "WeCrash" is inextricably linked to actress and wellness entrepreneur Gwyneth Paltrow. Fast Company reported that she stayed with the monks in Dharamsal and once attended a birthday party for the Dalai Lama. In September of that year, Adam was forced to step down as CEO (with a $1.7 billion payout), and in the frenzy of media attention, the Neumanns briefly relocated to Tel Aviv. According to a document filed with the Securities and Exchange Commission on September 13, Any chief executive officer who succeeds Adam will be selected by our board of directors, acting as a group. [1][2][3][4], Neumann, the daughter of Evelyn and Bob Paltrow, grew up in Bedford, New York, and attended the Horace Mann School. Reading Time: 4 minutes. Which is ironic, given that she has been known to have people fired, such as a mechanic for WeWorks Gulfstream jet, within minutes of meeting them because she didnt like their energy. Primary Menu Sections Skip to search results Around that time, Adam and his wife Rebekah sold their house in the Hamptons for $1.25 million, multiple unit in their NY townhouse for $37.5 million, and their San Francisco home for $27.5 million. Neumann's parents grew estranged over time but both came from families that had developed considerable wealth. By signing up, I agree to the Terms and Privacy Policy and to receive emails from POPSUGAR. The company faced a series of events, including a doomed attempt at taking the company public, that led to two of its founders the husband and wife pair of Adam and Rebekah Neumann receiving a massive golden parachute worth nearly $2 billion (via the New York Post). There were also issues with the security logistics required for Jared and Ivanka. Rebekah Neumann played a large role in starting WeWork, investing nearly $1 million into the startup in 2010, according to The Independent. He co of Adam, its CEO, WeWork became a shambles by 2019 in... 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