Apple TV+'s WeCrashed takes viewers on a wild, fictionalized ride through the rise and fall of the office space startup WeWork. They met through a friend up on a roof somewhere, and Adam liked to. Simon & Schuster will publish the restauranteurs highly anticipated book, How in the F--k Does Anyone Live Here?: Bret Easton Ellis on Life, Art, and What the Hell Happened to Manhattan, Tom Sizemore in Critical Condition Following Brain Aneurysm, The Los Angeles Art World Is Having Its Gilded Age Moment. A year later, Adam stepped down as CEO. I got the sense that she was guiding the company through her astrological intuition, a source told the magazine. While Adam has remained fairly quiet about what he's planning to do post-WeWork, his real estate holdings might point to the answer. One employee told me she knew it was time to leave the company in 2017, when she woke in her teepee to find an unknown colleague urinating on the canvas just above her head, reported the magazine. Kimora Lee Simmons and NYC Mayor Eric Adams Grab Dinner Together. She left in 2019 when her husband did. In WeCrashed, Jared Leto and Anne Hathaway play WeWork co-founder Adam Neumann and his wife, WeWork's chief brand and impact officer, Rebekah (nee Paltrow, yes that Paltrow. They met through a friend up on a roof somewhere, and Adam liked to. In the end, the couple were ousted from the company in 2019 following pressure from investors. The astonishing exit package was estimated to be worth over $1 billioneven though the company, under his leadership, lost roughly $40 billion of its $47 billion valuation, withdrew its IPO, and screwed over employees hoping valuable stock shares would offset long hours and alarming office culture. The company specializes in . The show, which premieres Friday, opens with WeWork board members gathering for a meeting to oust Neumann ( Jared Leto ). They got married in October 2008, and they welcomed their first daughter, Elle, in 2011. Rebekah has kept a low profile in recent years, but she and her husband Adam are still trying their hand at various businesses. Adam and Rebekah Neumann attend the AnOther Magazine and Hudson Jeans Dinner at The Jane Hotel on September 14, 2009 in New York, New York. He later sold the company for $5 million. She taught him how to meditate. We also have some. They had promised to rescue 21st-century employees from the drabness of single-use offices with the idea of collaboration. In the series, Jared Leto plays Adam Neumann, the enigmatic co-founder and former CEO of WeWork, which was at one time thought to be valued at $47 billion. "And within five minutes - now I say five minutes to be nice but it surely took 10 seconds - she looked me straight in the eye and she said, 'You, my friend, are full of shit. "Generally speaking, we werent looking to make caricatures out of Adam and Rebekah, and that extended to not wanting to use Gwyneth Paltrow in a sort of unseemly way,"Crevello told. Kids shouldnt feel like work is something theyre not allowed to peek into, she stated. What Is 'RHOSLC's Jen Shah's Net Worth In 2023? This sequence is but a gentle primer, though, to the absurd stories of extravagance and entitlement to come. After the WeWork scandal blew up, Adam and Rebekah Neumann were said to be hiding out in the Hamptons to escape the media scrutiny. The episode features flashbacks to Rebekah Neumanns childhood and a subplot about her father. Rushfields sharp-tongued missives have earned him a bold-faced subscriber list. This content is imported from twitter. New York Post reporter Theo Wayt shared on Twitter that Adam was wearing the shirt at WeWork's SPAC day party, and reportedly told attendees, "A brand without a past does not have a future. According to The Wall Street Journal, the jets owner was so alarmed by the discoverythe drug had been brought across foreign bordersthat it pulled the plane, leaving Adam and his friends without a ride back to New York. But the private real-estate firm faced a disastrous time in 2019, resulting in Adam being forced out of his CEO position. Since leaving WeWork, however, the couple has reportedly sold at least three of their six homes, including a California estate, a Westchester mansion, and a Hamptons farmhouse. He'd had a tumultuous two weeks. Despite presiding over WeWork's meteoric fall from grace, Adam Neumann managed to exit the startup as a very wealthy person. In Rebekah and Adam's hands, that dry, pre-IPO financial document was transformed into a glossy photo album of their love story, packed with warm-fuzzy language about community and the "power . According to the report, Rebekah spent the duration of the meeting discussing his birth sign to determine if he would be a good fit, energetically speaking. Jess Pullar is the Culture Editor (digital) of marie claire and ELLE. Her account isprivate, but Rebekah Neumann remains on Instagram. As the episodes progress, Gwyneth is shown as almost a bit of a sore spot for Rebekah, like when she is constantly asked by her wedding guests in episode two whether the actress will be. The show itself certainly still references that Rebekah was clearly inspired by Gwyneth (honestly, we would be too if our cousin had made it in Hollywoodand built an entire lifestyle brand), and she's routinely asked by colleagues and acquaintances, "Is Gwyneth here?" In spite of this behavior, WeWorks board approved Adams decision to purchase a Gulfstream G650ER that cost roughly $60 million. We may earn commission from links on this page, but we only recommend products we back. But at the DealBook Online. (He was not.) Women's Health may earn commission from the links on this page, but we only feature products we believe in. At the time of writing, there are no major developments to the school, though it's likely she's been working on it in the background. Born and raised in New York, Rebekah attended The Horace Mann High School and went on to major in Business and Buddhism at Cornell University. But then, some reports claimed that they were bouncing around the world on rented jets with the help of nannies and a security team. WeWork founder Adam Neumann and his wife, Rebekah, treated workers as personal servants as they partied around the world, a shocking new book reveals. The formers exit from WeWork concluded with the couple receiving about $1.7 billion, and the Neumanns subsequently returned to the United States in May 2020. But that doesnt mean his dirty tricks are over. You may be able to find the same content in another format, or you may be able to find more information, at their web site. Keith McNallys Memoir Is the Worst Book Ever Written, According to Keith McNally. Rebekah's own journey from yogi to actress to educator is well documented in the new series, as well as her outsize impact on her husband's lifethe $1 million wedding gift from her parents. They married in 2008. It was just so much everything, one former executive told New York magazine. Before meeting Adam, Rebekah worked as an actress and producer, a yoga instructor, and a trader. Rebekah keeps a low profile. WeWork, a co-working space that was hailed as a game changer for freelancers and start-ups alike, was founded in 2010 by Israeli businessman Adam Neumann and his American business partner Miguel . Starring in the lead roles, Jared Leto will play Adam Neumann alongside Anne Hathaway as his wife and co-founder Rebekah Neumann, with both executive producing the series. The new Apple TV+ drama WeCrashed tells the true-life story of Adam and Rebekah Neumann, the couple behind WeWork. In the same episode, viewers watch as Neumann grapples with a current crisis: Her father Robert Paltrow is facing a sentence for tax evasion and has asked her to write a letter to the judge pleading his case in the hopes of lessening his sentence. I dont know, but he certainly thinks he can build it into a big business. When Rebekah and Adam were pushed out of WeWork in 2019, Gwyneth made no comment, nor referenced her relationship with the pair at all, and she hasn't since. According to the same book, Adam had taken psychedelic mushrooms on the first night of camp and was carrying around a water gun filled with vodka. Other features of these retreats read like millennial Mad Libs: There were canoes filled with cans of Coors Light and Smirnoff Ice, for example, and a dozen hookah pipes lined up on a table. A wintertime retreat in 2015, meanwhile, included a scavenger hunt that ended at a club where the rapper Ja Rule performed. Primary Menu Sections Skip to search results But overall, she seems to be doing just fine. Rebekah has also bought back WeGrow, perForbes, but it's been rebranded with a new name, Student of Life For Life. 6 Amazon travel essentials for your next getaway, starting at $12. Wall Street Journal reporters Eliot Brown and Maureen Farrell write in their book, The Cult of We: WeWork, Adam Neumann, and the Great Startup Delusion, that marijuana smoke became so thick during one private-jet ride that the crew put on oxygen masks to breathe. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. Adam got a $1.7 billion payout when he left WeWork, per CNBC, along with another $50 million-dollar payout from WeWork investor Softbank, the Wall Street Journal reports. NEW YORK - SEPTEMBER 14: Adam Neumann and Rebekah Paltrow attend the AnOther Magazine and Hudson Jeans Dinner at The Jane Hotel on September 14, 2009 in New York City. The elementary school, which had about 100 students before it was shut down, was seemingly planned to be reinvigorated as Student of Life For Life, or SOLFL (pronounced soulful). Eventually, she intertwined spirituality and business at WeWork. Vanity Fair may earn a portion of sales from products that are purchased through our site as part of our Affiliate Partnerships with retailers. Rebekah and Adam Neumann started dating in the 2000s. Meanwhile, soon after their return to the U.S., Rebekah delved back into WeGrow, the educational arm of WeWork, and acquired its curriculum. about Adam Neumann's "golden parachute" and what the disgraced tech leader. On the movie site, she is identified as Rebekah Paltrow Neumann, but in her films she was credited as Rebekah Keith. The 2017 event took place outside London, and according to attendees who spoke to New York magazine, served wine to WeWork employees by the bottle. WeWork's Adam and Rebekah Neumann: Where Are They Now? She is passionate about body diversity and representation, mental health, and the fight to end sexual assault and harassment. -129.00 -2.19%. And it is day drinking just like the olden days., Meanwhile, according to Brown, Adam bought an outrageously large house in Florida, which happens to have no capital gains tax, and has been spending a lot of time down there. Neumann is not involved with Goop, Paltrows lifestyle company. Behind every great man is a great woman pulling the strings, so the saying goes. ), Factoring in the couples real-estate investments, Brown adds, Adam left [WeWork] a billionaire. "WeCrashed," starring Anne Hathaway and Jared Leto as WeWork's Rebekah Neumann and Adam Neumann, is due to premiere on Apple TV+. She described Adam as being a struggling entrepreneur when she first met him during an interview on the School of Greatness" podcast, and said he couldnt afford a taxi. Adam would go on to found WeWork in 2010, and by 2019 would have an estimated net worth of $14 billion per Bloomberg (in 2021, the Bloomberg Billionaires Index estimated his net worth at $2.1 billion, perFortune). We dont have a line at all between work and life, she said. After Adam was infamously ousted as the CEO of WeWork in 2019 for dubious deals . As we now know, Gwyneth certainly had somewhat of a presence in the lives of Rebekah and Adam, butWeCrashedcreators,Lee Eisenberg and Drew Crevello, didn't think it was relevant enough to include her in the series. But interestingly, there was another (very famous) face who was very familiar to the Neumanns' as their story unfoldedGwyneth Paltrow, cousin to Rebekah. That was the only thing there wasnt a lot of.. Rebekah got the idea when she was looking for schools for her daughter and was unable to find one that nurtured her soul as much as her mind, Rebekah says in the interview. Neumann also once toured with Michael Franti & Spearhead, per Porter, a musical act that later came to thecompanys three days summer camp work retreatin the Adirondacks (depicted in WeCrashed). In the show, Jared Leto plays WeWorks often barefoot co-founder Adam Neumann, and Anne Hathaway is Rebekah Paltrow Neumann, his wife and WeWorks eventual chief brand and impact officer. The couples management styles have since been examined in documentaries like WeWork: or The Making and Breaking of a $47 Billion Unicorn; podcasts like WeCrashed, and the Apple TV+ show. Thinks he can build it into a big business hunt that ended at a club where the rapper Rule! Spite of this behavior, WeWorks board approved Adams decision to purchase a Gulfstream G650ER cost! 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