Adam Neumann planned for his children and grandchildren to control WeWork
https://techcrunch.com/2019/10/18/adam-neumann-planned-for-his-children-and-grandchildren-to-control-wework/
WeWork co-founder Adam Neumann didn’t plan for his family’s control of WeWork to end at his death but he expected it be controlled by future generations of Neumanns, too, says Business Insider.
The outlet reports that in a speech Neumann gave to employees in January of this year, footage of which it says it has viewed, Neumann is seen saying that WeWork isn’t “just controlled — we’re generationally controlled.” He reportedly goes on to say that while the five children he shares with wife Rebekah Neumann “don’t have to run the company,” they “do have to stay the moral compass of the company.”