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WeWork founder remains a billionaire even with firm’s bankruptcy | The Straits Times (www.straitstimes.com)
submitted 2 years ago by to c/aboringdystopia@lemmy.world
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[–] 17 points 2 years ago (1 child)

Oh. Are you not aware of the background of this whole thing? The company didn't fail after he left. The company was a scam right from the start and he was directly involved. He's just a grifter.

https://jacobin.com/2019/11/wework-adam-neumann-con-artist-grifter-entrepreneur

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  • [–] 4 points 2 years ago (1 child)

    I am very aware, not saying he wasn't involved, just that he is no longer involved and hasn't been for awhile

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  • [–] 1 point 2 years ago (1 child)

    It's weird because usually the majority of a startups founders wealth is stock in the company. So even if he left and wasn't involved, the majority of his wealth would still be tied to the company.

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