The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. financing WeWork's first location using some of the $1 million that her parents had given the couple as a wedding . For example, he became obsessed with surfing, but found it a hassle to get to the big waves. Rebekah's choice in Halloween costumes is just the latest on the list of details "WeCrashed" incorporated from real life. 1 day ago, by Chanel Vargas [9] Neumann is of Jewish descent and practices the faith. Primary Menu Sections Skip to search results Inspired by the paradoxical concept of a capitalist kibbutz, they launched in 2010 with a single location in downtown New York City. (After a public outcry, they returned the money.) Read the Book Spoilers Now, Rachel Weisz Stars as Twin Doctors in Reimagination of David Cronenberg's "Dead Ringers", Sarah Shahi Jokes She Was "Notorious" at Her Kids' Elementary School After "Sex/Life" Premiered, Joshua Jackson Gets Into a Dangerous Affair With Lizzy Caplan in "Fatal Attraction" Series Teaser, "Daisy Jones & the Six" Takes Inspiration From a Famous Real-Life Rock Band, "WeCrashed: The Rise and Fall of WeWork,", encouraged everything from taking shots and smoking weed during work hours, impact the very workings of the world in a positive way, the facade of the company started to fade, get away from the "negative energy" of New York, Do Not Sell or Share My Personal Information. May 25, 2022 by Kimberly French. She wanted a place that would nurture childrens spirits and souls as much as their minds, a place where they could learn about meditation and mindfulness, farming and entrepreneurship. Adam Neumann came up at the right time: on the tail of the great recession when everybody wanted to be an entrepreneur and office space was available on the cheap. Anne Hathaway plays Rebekah Neumann in AppleTV+'s WeCrashed. Check your DNS Settings. 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. Along with her husband, . Fast Company reported that she stayed with the monks in Dharamsal and once attended a birthday party for the Dalai Lama. Get the daily inside scoop right in your inbox. One of Neumann's former brothers-in-law, Moni Lieberman, said of Rebi Neumann as a child, "She was never running around, trying to get attention." 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. Rebekah and Adam Neumann have remained married after being ousted from WeWork in 2019. Theyve sold at least three of their six homesa California estate, a Westchester mansion, and a Hamptons farmhousefor a reported total of $27 million; their six-bedroom Gramercy Park apartment has been on the market since last year, for $37.5 million. At one point, some of Neumann's . Rebekah Paltrow Neumann, 41, is the Co-Founder and Chief Brand and Impact Officer of The We Company. She was just 5 years old when she took the stage in Massachusetts' Berkshire Mountains, where her mother was performing. Anne Hathaway appeared on the screen of our laptop, natural and warm. Tragically, around the same time, Neumann's older brother died after a bout with cancer when he was just 23. (He was not.) Indeed, Rebekah has said that she doesnt even know if her own kids will go to college. The couple share six children, according to a 2021 article in Vanity Fair. As the companys valuation soared, so did the Neumanns dreams. I got the sense that she was guiding the company through her astrological intuition, said a person who met with Rebekah for a contract role, during which they mostly discussed his birth sign to determine if he would be a good fit, energetically speaking. WeWork founder Adam Neumann's wife Rebekah is the woman behind the man - spiritually, emotionally, and financially. [5] They have six children. In one instance, Mr. Neumann laid off 7% of the staff at WeWork in 2016 and had a somber all-hands meeting to announce the decision and how the company needed to cut costs. Rebekah sits in front of a fireplace, cataloging memories while images from her real lifeher childhood, her wedding to Adamappear on-screen. In an interview with Fast Company in 2016, Adam Neumann said she told him to stop talking about money and that Were going to talk about wellness, happiness, fulfillment, and if the money is supposed to follow, it will. For example, when Rebekah needed to order chairs for the WeGrow school, she insisted on seeing 30 samples of the same cushion so she could visualize what the setup would look like, as opposed to looking at a computer-generated mock-up, this person said. You know, just to act a little bit better myself because its always good to learn., READNEXT: Hawaii Accidentally Activates Emergency Sirens, Scaring Residents, Rebekah Paltrow Neumann, Adam Neumanns Wife: 5 Fast Facts, Copyright 2023 Heavy, Inc. All rights reserved. The two women are first cousins, according to Vanity Fair, with Neumann's father being the brother of Paltrow's father, the late director . 7 hours ago, by Alexis Jones Shes the latest example of a late-stage capitalist archetype, a member of the cheugystocracy: banal rich white women leveraging their proximity to power to build their own personal brands. A 523 error means that Cloudflare could not reach your host web server. In honor of Apple TV+'s WeCrashed, we look back at the couple's extravagances and absurd requestsprivate waterfall and $60 . Alton Brown of the Wall Street Journal detailed both Neumanns management techniques which included raucous, alcohol-fueled parties for their staff, firing 20% of employees per year to get rid of B players, and Mr. Neumanns decision to ban meat from the offices despite the fact that he still eats it. Apr 3, 2021. WeWork (officially called . Adam said he wanted to build a WeWork on Mars and be president of the world. 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.. Following the series premiere on March 18, here is all you need to know about WeWork founders Adam and Rebekah Neumann, and where the two are now. (Rebekah Neumann, through her press representative Asher Gold, declined.) The Truth About Rebekah Neumann And Her Relationship To Cousin Gwyneth Paltrow. [6][20], In the Apple TV+ series WeCrashed (2022), Rebekah Neumann is portrayed by Anne Hathaway. 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. According to the book, One executive was shown the door in the middle of gridlocked traffic on the Long Island Expressway instructed to find the chase car somewhere behind them in the traffic.. After Adam was infamously ousted as the CEO of WeWork in 2019 for dubious deals . His new business has just been valued at 45 million and he's marrying the love of his life, not a bad 2008 for Adam Neumann. It was made entirely of white leather and featured a high-necked, long-sleeved bodice, and a full . Rebekah Neumann may be played by A-list actor Anne Hathaway in Apple TV+'s WeCrashed, but the former WeWork exec has her own connection to Hollywood. [13] In 2019 Rebekah Neumann began calling herself a cofounder of WeWork. 1 day ago. And then theres the companys legendary S-1 form, required for all businesses seeking to sell shares to the public, complete with a dedication on the first page to the energy of wegreater than any one of us but inside all of us. New York University marketing professor and author Scott Galloway said in the Hulu documentary that the S-1 read like a novel written by someone who was shrooming. In fact, it was Rebekah, who is widely credited for the unconventional New Age language contained in the document, which also empowered her to select her husbands successor should he become incapacitated. [5], After graduating from college, Neumann entered Salomon Smith Barney's Sales and Trading Program, now known as Morgan Stanley Wealth Management. In 2008, Paltrow launched GOOP, a wellness brand that started as a newsletter. There are details in the show that draw from real-life stories, media coverage, and events. Hawaii Accidentally Activates Emergency Sirens, Scaring Residents. Sign up for our Celebrity & Entertainment newsletter. He was still paying someone to tug him out to the waves on the back of a Jet Ski., 2023 NYP Holdings, Inc. All Rights Reserved, WeWork exits 40 US locations after tepid forecast, shares slump, Kanye Wests Donda Academy is another clueless billionaires vanity project, Investors slam WeWork founder Adam Neumanns disgusting comeback, Members only: Join posh NYC club for $125K to work not play hard, The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion. (The school closed in 2019 after the WeWork IPO floundered, but Rebekah bought the rights to the curriculum and hopes to relaunch WeGrow.). The meeting missed, he instead spent the day recovering at a spa. But there was something missing the story of Rebekah Neumann, WeWork's shadow co-founder and wife of CEO Adam Neumann. Please contact your hosting provider to confirm your origin IP and then make sure the correct IP is listed for your A record in your Cloudflare DNS Settings page. And she happens to be Gwyneth Paltrow's cousin. After finally securing a meeting, Adam was kept waiting for hours before Musk gave him minutes to pitch his own idea for a community on the planet. Credits: AppleTV+. She double majored in Buddhism and business at Cornell, where she rushed the Kappa Kappa Gamma sorority, was known to her friends as Rebbi, and dated a guy on the crew team who is now married to Jennifer Love Hewitt. The serious career momentum led her to drop her studies at the University of California at Santa Barbara to focus on acting. The event left employees stunned and confused.. Thanks to her hefty inheritance, Neumman's wife, Rebekah (ne Paltrow - who, yes, is Gwyneth Paltrow 's cousin) was the first big investor at WeWork, later earning her the title of co-founder.. But once again, the Neumanns treated their employees like serfs. She is famously known as Adam's wife and was the former CEO of WeGrow, WeWork's education program. But that happened right as things were imploding [at WeWork]. Her father's business had hit a lull, and he attempted to right his junk mail ship by creating a fake charity. . [5][6], In 2020, Neumann bought back some of WeGrow's assets and started Student of Life for Life (SOLFL). WeWork is a tenant in an office complex in Dumbo Heights, Brooklyn owned by Kushner Companies, the Kushners family real estate business. After facing backlash on Twitter, WeWork released an additional quote to provide some context, The reality that I see today is that there is nothing bigger that women can do, in my opinion, than empower their partners and that can be a man, a woman, a friend, it doesnt matter, but empower others., Neumann shared similar comments with Porter Magazine in a 2016 interview, Women need to get to the right level for men to even have the opportunity to get there., We create a place for them to rise to, she added. Her eldest daughters kindergarten just wasnt the right environment, she said. Meanwhile, WeWork is finally having its IPO through a special-purpose acquisition company. Kate Middletons New Personal Secretary Will Shake Things Up, Kensington Palaces incoming senior staffer is described as unconventional and a ball-breaker., Kimora Lee Simmons and NYC Mayor Eric Adams Grab Dinner Together. According to Bustle, Neumann left New York and settled in Los Angeles where she started taking acting classes. The pair were joined by Simmons's daughters, Ming and Aoki Lee, who both took part in New York Fashion Week. The couple turned their idea of a shared, community workspace into a billion-dollar business on paper, but things aren't always as they appear. He replied, "You always had talent, more than Gwynnie. Born February 26, 1978, Rebekah Neumann, 44, is an American businesswoman. Reasons cited included his drug use, eccentric behavior and delayedinitial public offering of a company that burned through $2 billion in 2018 and thrived with the help of some $12 billion in venture capital money and debt. Adam and Rebekah Neumann, the founding couple behind WeWork, left the coworking company amid its disastrous IPO process. About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features Press Copyright Contact us Creators . Rebekah Neumann was born Rebekah Paltrow in 1978, and according to Bustle, she was the youngest amongst her siblings by a considerable margin, with the next youngest being 12 years older than her. Rebekah and Adam Neumann started dating in the 2000s. There was one person who called BS on Adams hubris: Elon Musk. [12], In 2010, her husband, Adam Neumann, and Miguel McKelvey co-founded WeWork. Use of this site constitutes acceptance of our User Agreement and Privacy Policy and Cookie Statement and Your California Privacy Rights. ", "Meet Rebekah Paltrow Neumann, the former actress who cofounded WeWork, is cousins with Gwyneth Paltrow, and is CEO Adam Neumann's 'strategic thought partner', "WeWork may try to wrap its roadshow and price its IPO before the Jewish New Year on September 29", "WeCrashed: where is WeWork's Rebekah Neumann now? In 2018, the two cousins sat down together for a conversation about WeGrow, a for-profit private school that Neumann launched that carried a $42,000 a year tuition. It's what helped her the most in crafting the character. Additional troubleshooting information here. In five years WeWork will be the new norm for education, Adam prophesied at an event in 2018. Who is Rebekah Neumann? The Neumanns were We, having secured the trademark to the word and later charging the company $5.9 million to license it back. View gallery. Corbis via Getty Images. Born February 26, 1978, Rebekah Neumann, 44, is an American businesswoman. Written and directed by Jed Rothstein, Hulu's 'WeWork: Or the Making and Breaking of a $47 Billion Unicorn' is a documentary that follows the brutal collapse of WeWork, a company founded by Adam Neumann, with his wife Rebekah, in 2010. First, WeWorks CFO Artie Minson, who had previously worked at Time Warner Cable, was asked to persuade Verizon or Sprint to find a new home for the antenna despite him busily preparing WeWork for an IPO. What the Neumanns have done has inspired a content bonanza: a hit seven-episode podcast series by Wondery, two high-profile investigative books, and a take on the story from just about every streaming service. That said, Hathaway did talk to other people that knew Rebekah and Adam Neumann closely. Apple TV+'s new series "WeCrashed" highlights the whirlwind rise and fall of WeWork, a startup company that was once valued at $47 billion prior to its downfall. If it weren't for a generous wedding gift from Rebekah Neumann's parents, WeWork may have never existed. She just went further back in the timeline. Rebekah Paltrow met Adam Neumann in New York "WeCrashed" presents an version of the couple's courtship: In the show, the two meet by chance at a party and Adam follows her until she allows him. 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. Also on the list is Adam Neumann's (Jared Leto) love of Katy Perry . Also on the list is Adam Neumann's (Jared Leto) love of Katy Perry . Musk, Adam later recalled to his staff, was unimpressed and lectured Adam about how getting there was, in fact, the hard part. She. 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. Rebekah reads her over-sentimental vows in a purple wedding dress and then daddy hands her a big, fat cheque. What happened at Rebekah Neumann's wedding? . The Neumanns in 2009, the year before they founded WeWork. As Adam spends his days surfing in Montauk, the authors write, His squad was mostly gone, but he wasnt completely alone. It was nothing to be embarrassed about, said a former employee. She is also the Founder and CEO of WeGrow, a private education company under the umbrella of The We Company, and cousin of famous actress Gwyneth Paltrow. Rebekah Neumann is depicted in WeCrashed. [6], According to Vanity Fair at WeWork "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. The couples regularly dine together and send gifts to each other. By Sushrut Gopesh. Yep, Gwyneth Paltrow is a subplot in Rebekah Neumann's life. , Awesome, Youre All Set! Due to irresponsible business management, the company's deception of investors, and excessive spending, WeWork ultimately failed, leaving those who bought into the idea of the company, including shareholders and employees, stranded. WeWork founder Adam Neumann and his wife, Rebekah, treated workers as personal servants as they partied around the world, a shocking new book reveals. [7][8] She received her yoga instructor certification from the Omega Institute for Holistic Studies. 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. Rebekah's parents gifted her $1 million when she married Adam to buy a home; instead, she used the money to invest in WeWork. 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