WeWork co-founder Adam Neumann didn’t plan for his family’s control of WeWork to end at his death but instead expected to pass that control to 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.” According to BI, Neumann even invoked his future grandchildren, telling those gathered: “It’s important that one day, maybe in 100 years, maybe in 300 years, a great-great-granddaughter of mine will walk into that room and say, ‘Hey, you don’t know me; I actually control the place.
Adam Neumann Planned For His Children And Grandchildren To Control Wework
Connie Loizos, TechCrunch
Fri, 10/18/2019 - 3:22pm
Topics: adam neumann insider january he rebekah neumann bi fast company do sec commissioner robert jackson warned jackson those such main street s neumann neumann wework grandchildren control public kids companies years power shares founders pass dual-class don year market voting investors future kind giving gave business heirs raises corporate trust shareholders broader
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