WeWork cofounders Adam and Rebekah Neumann have to donate $1 billion to charity in 10 years or lose some control of the company

The We Company's CEO Adam Neumann must donate at least $1 billion to charity in the next decade or his control over the shared-workspace group will be almost halved. Adam and Rebekah Neumann — the company's chief brand and impact officer and his wife — must hit the giving target or their"high-vote" shares will halve in power from 20 voting rights to 10.

The We Company's CEO Adam Neumann must donate at least $1 billion to charity in the next decade or his control over the shared-workspace group will be almost halved. Adam and Rebekah Neumann — the company's chief brand and impact officer and his wife — must hit the giving target or their"high-vote" shares will halve in power from 20 voting rights to 10.

With the current had a valuation of roughly US$47 billion he can surely afford this ;-)

Can't wait to learn about the scandal that comes from this. More like WeGoingOutofBusiness.

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The life of Adam Neumann, the billionaire WeWork founder and CEO who's about to take his company publicHere's everything you need to know about the We Company CEO, who has five children and has purchased an estimated $80 million-worth of real estate. Who would be stupid enough to pay for this SCAM- called a PONZI SCHEME- and a bad one at that- will never ever make money EVER
Source: BusinessInsider - 🏆 729. / 51 Read more »