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Neumann was also handed $200 million in cash as part of a sweetheart exit package, though he was left with a battered reputation following reports ofThe 44-year-old executive was also able to extract huge amounts of cash from his company before it stumbled into financial ruin, including during the merger with a special purpose acquisition company that helped the company go public, according to Bloomberg.
Meanwhile, since leaving WeWork, Neumann has stayed under the radar building a new startup, Flow — a starkly different narrative from WeWork’s peak, when it was valued at $47 billion and a seemingly carefree Neumann pounded champagne at events as early as 9 a.m. Bloomberg said Neumann’s own investment into Flow couldn’t be determined, meaning his fortune could exceed the $1.7 billion currently listed on the Billionaires Index.
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