by Tyler Durden
Wednesday, Jul 21, 2021 - 10:00 PM
A pair of WSJ reporters have just released a new book, "The Cult of We", yet another wild tale chronicling the exploits of WeWork founder and former CEO Adam Neumann. As one might expect, the book features several new revelations about Neumann and the extent of Neumann's extraction of resources from his cash-burning 'unicorn', primarily in the form of compensation.
In fact, the book reveals that Neumann extracted even more wealth than previously believed: entities he controlled made more than $2.1 billion from the company between its founding to the present day, including via stock sales, cash settlement payments and shares.