The school fell victim to the problems faced by the rest of the company, but Forbes reported that Neumann had purchased it with hopes of a relaunch. But that was nothing next to their most desired customization. What the Neumanns have done has inspired a content bonanza: a hit seven-episode podcast series by Wondery, two high-profile investigative books, and a take on the story from just about every streaming service. [7][8] She received her yoga instructor certification from the Omega Institute for Holistic Studies. To revist this article, visit My Profile, then View saved stories. [6][20], In the Apple TV+ series WeCrashed (2022), Rebekah Neumann is portrayed by Anne Hathaway. Princess Kate Does the Hokey Cokey on a Visit to Cornwall. 1 day ago. Neumann's wife Rebekah who was also a co-founder of the company and created a WeWork-affiliated school called WeGrow that cost up to $42,000 per year and shut down in 2019 appeared to be . He wanted to solve the problem of hunger and help orphans find families. Born February 26, 1978, Rebekah Neumann, 44, is an American businesswoman. Rebekah, meanwhile, appears to have a goal of creating another educational project out of the ashes of WeGrow, the rights to which she purchased when it closed. Also on the list is Adam Neumann's (Jared Leto) love of Katy Perry . The lives of entrepreneurs have always been very intriguing. Wowee. Musk, Adam later recalled to his staff, was unimpressed and lectured Adam about how getting there was, in fact, the hard part. ", "Meet Rebekah Paltrow Neumann, the former actress who cofounded WeWork, is cousins with Gwyneth Paltrow, and is CEO Adam Neumann's 'strategic thought partner', "WeWork may try to wrap its roadshow and price its IPO before the Jewish New Year on September 29", "WeCrashed: where is WeWork's Rebekah Neumann now? She is famously known as Adam's wife and was the former CEO of WeGrow, WeWork's education program. During a scene from the series' third episode, where Neumann portrayed by Anne Hathaway tells her father she wants to be an actress. After facing backlash on Twitter, WeWork released an additional quote to provide some context, The reality that I see today is that there is nothing bigger that women can do, in my opinion, than empower their partners and that can be a man, a woman, a friend, it doesnt matter, but empower others., Neumann shared similar comments with Porter Magazine in a 2016 interview, Women need to get to the right level for men to even have the opportunity to get there., We create a place for them to rise to, she added. He tells Rebekah to write down every thought and memory she's ever had. The couple share six children, according to a 2021 article in Vanity Fair. The Neumanns have downsized significantly. We have a really important role to play., Stephen Lovekin/Getty Images for IMGRebekah Paltrow Neumann attends the Andy & Debb Spring 2010 Fashion Show at the Salon at Bryant Park. It was a good call, and she appeared in critically acclaimed fare like 1995's "Se7en" and 1998's "Shakespeare in Love," a performance which earned her an Oscar win. Check your DNS Settings. . If it weren't for a generous wedding gift from Rebekah Neumann's parents, WeWork may have never existed. In 2018, the two cousins sat down together for a conversation about WeGrow, a for-profit private school that Neumann launched that carried a $42,000 a year tuition. The planned meeting time came and went as staffers waited in the hotel lobby for their fearless leader. Rebekah Victoria Neumann (ne Paltrow; born February 26, 1978) is an American businesswoman. His personal worth plunged from $10 billion to, Forbes reported, $750 million. Next! Later, as Rebekah Keith, a stage name, she starred alongside Rosario Dawson in Awake, a short film she wrote and produced wherein a woman in the depths of the American nightmare is forced to become enlightened or die, according to the Internet Movie Database. Teachers would return on Monday to find trash on the floor and chairs in the wrong rooms all because Adam and Rebekah had used the school for a dinner party. A closer look at the princesss work promoting early childhood education shows that she is adapting the royal charity playbook for the 21st century. In fact, the $1 million that Rebekah's parents gave the couple as their wedding gift was used to finance WeWork's first location, and Rebekah was eventually named the company's third co-founder (in addition to Adam Neumann and Miguel McKelvey). The retelling of the anecdote, in different locations, is depicted four times in the Hulu documentary and twice in the HBO Max series, showing how a clever bit was tried, tested, and proven effective with audiences. To Amanda Uhry, founder of Manhattan Private School Advisors, the whole thing seemed like a vanity project started by a woman who was so privileged she didnt really have to worry about typical concerns, like positioning her kids for acceptance into top universities. In September 2019, Adam Neumann resigned as CEO, thousands of WeWork employees were laid off, and the company's IPO failed, according to Fortune. According to Bustle, Neumann left New York and settled in Los Angeles where she started taking acting classes. And I am going to the wedding. He was a relative to a renowned businesswoman, Rebekah Neumann, and the cousin to an Oscar-winning actress. They got married in October 2008, and they welcomed their first daughter, Elle, in 2011. Her mother's family had made money with their lingerie company Gelmart, and her father's side of the family had made money manufacturing steel pipes, and even started his own company with a childhood friend that distributed junk mail. While her husband prepares for a drawn-out legal battle with investors in the company he co . One former WeWork employee described feeling an awkward sense of pressure to buy the produce during the workday, given that, after all, these were the bosses kids. It was nothing to be embarrassed about, said a former employee. [1][2][3][4], Neumann, the daughter of Evelyn and Bob Paltrow, grew up in Bedford, New York, and attended the Horace Mann School. If the TV series is to be believed, Paltrow owns a considerable amount of proverbial real estate in Neumann's head, but it doesn't appear that there was always a sort of competition between the two women. The children would protest: We were allowed to do that this weekend. For example, he became obsessed with surfing, but found it a hassle to get to the big waves. One person who worked with her said it was difficult to get her to commit to any decision, no matter how small. The most common cause is that your DNS settings are incorrect. Until September 22, 2019, she served as chief brand and impact officer at WeWork, a company founded by her husband, Adam Neumann, and oversaw its education program WeGrow. Where are Adam Neumann and Rebekah Neumann now? Her gowns are all handmade and feature intricate detailing that will make you feel like a true princess on your big day. There she seemingly had a propensity to use her relation to her famous cousin as something of an icebreaker. In September of that year, Adam was forced to step down as CEO (with a $1.7 billion payout), and in the frenzy of media attention, the Neumanns briefly relocated to Tel Aviv. Ben Gabbe/Getty ImagesAdam Neumann and Rebekah Paltrow Neumann attend the 2018 Time 100 Gala at Jazz at Lincoln Center. By signing up, I agree to the Terms and Privacy Policy and to receive emails from POPSUGAR. Rebekah Neumann was born Rebekah Paltrow in 1978, and according to Bustle, she was the youngest amongst her siblings by a considerable margin, with the next youngest being 12 years older than her. During this time period, however, the facade of the company started to fade, and financial documents revealed that not only had the company's losses surpassed its profits, but its $47 billion valuation by big-time investor SoftBank was not accurate, as reported by Bloomberg. Rebekah Neumann has bought back WeGrow, with plans to relaunch the school. Rebekah and Adam Neumann started dating in the 2000s. Her father gifted her and Adam $1 million at . Launching a for-profit private school in the hypercompetitive New York City market was highly unusual, particularly for someone with no background in childhood education. He and Rebekah sold two of their eight homes and were seen in December 2019 at San Francisco International Airport flying commercial. Theres a cringey scene in Hulus WeWork: Or the Making and Breaking of a $47 Billion Unicorn in which Rebekah Neumann stands on a stage beside her husband, WeWorks founder and then CEO, Adam Neumann, at a company retreat called Summer Camp. 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. Please contact your hosting provider to confirm your origin IP and then make sure the correct IP is listed for your A record in your Cloudflare DNS Settings page. The two women are first cousins, according to Vanity Fair, with Neumann's father being the brother of Paltrow's father, the late director . Rebekah Neumann is married to Adam Neuman, they had their wedding in 2008. First, WeWorks CFO Artie Minson, who had previously worked at Time Warner Cable, was asked to persuade Verizon or Sprint to find a new home for the antenna despite him busily preparing WeWork for an IPO. Rebekah was integral to her husbands business from the start, though her role was mostly as a behind-the-scenes adviser, financier, and muse, what she called a strategic thought partner. (At an event in 2018, she raised some eyebrows when she declared that [a] big part of being a woman is to help men [like Adam] manifest their calling in life.) When the company launched, she was still trying to make it as an actor, according to early employees of WeWork. And she happens to be Gwyneth Paltrow's cousin. Yes, we are close. Vanity Fair reported that while WeWork was a rising force in the corporate world, Neumann still had acting aspirations, and had considered dropping her original last name she had sometimes gone by Rebekah Paltrow-Neumann and former employees had said that she had "met in WeWork's office with consultants to advise her about the issue" and "set up a Google alert for news about Paltrow." What happened at Rebekah Neumann's wedding? They have six children. Two former employees recalled that the Neumanns employed a minder per child, back when they had only four children. She always had an appreciation for nature, which she credits to her mother, Evelyn, whose family was in the garment and accessories business; and for hard work, which she attributes to her father, who ran a direct mail business and was later sentenced to prison for tax evasion. "There's no better teacher than the planet itself.". But then he was just as likely to make them wait for hours, leave before they arrived at the airport or simply not have time to talk to them on the six-and-a-half-hour flight. She took on the role of chief brand and impact officer, pushing aside Julie Rice, an executive who was hired in 2017 with the title of chief brand officer. Fast Company reported that she stayed with the monks in Dharamsal and once attended a birthday party for the Dalai Lama. In 2019, Adam received a reported $1.7 billion from the stakeholder Softbank to step down as CEO of WeWork, but he was retained as a consultant with . Then, she realized she had a mutual connection with the mother of five. May 25, 2022 by Kimberly French. She got back into film in 2014 when she executive produced the movie I, Origins and was an assistant producer on the movie Free the Nipple. Then, as the company expanded, she dropped acting altogether and got more involved in the business. Along with her husband, . She co-founded The We Company, which started out as WeWork, with her husband, CEO Adam Neumann. Her description paints a different picture of her early days compared to Paltrow's who in the same article described her cousin's family by saying "They were well-off.". They returned to the . On their first date, she looked me straight in the eye and she said, You, my friend, are full of shit, he recalled during a 2017 speech at Baruch College (he was both the star commencement speaker and, finally, a graduate 15 years after enrolling). We will not rely on a succession committee. 2023 Cond Nast. On WeWorks website, her title was updated to Founder, CEO and Mom, specifying that she studied under His Holiness the Dalai Lama and Mother Nature herself.. Kate Middletons New Personal Secretary Will Shake Things Up, Kensington Palaces incoming senior staffer is described as unconventional and a ball-breaker., Kimora Lee Simmons and NYC Mayor Eric Adams Grab Dinner Together. In the Apple TV+ series WeCrashed (2022), Rebekah Neumann is portrayed . Rebekah was born Rebekah Victoria Paltrow, the daughter of . Entering the 1990s, Paltrow's career was heating up after performances in films like "Shout" and "Hook" and once again appeared alongside her mother, this time in the 1992 mini-series "Cruel Doubt." Adam was hungry to work with the SpaceX and Tesla head on his plans for Mars, where Musk aspires to one day construct a habitable colony. Early life . So get ready to get in touch with your superpowers on Episode 716. The most common cause is that your DNS settings are incorrect. At its peak, WeWork was worth a whopping US$47 billionan eye watering figure to Adam and his wife Rebekahnaturally, they didn't want to stop there. Neumann's parents grew estranged over time but both came from families that had developed considerable wealth. Rebekah has now created WeGrow as a new approach to childhood education. [19], Neumann has come under criticism for endorsing pseudosciencific beliefs, such as the idea that meat has emotional memory that can be passed on through consumption. [12], In 2010, her husband, Adam Neumann, and Miguel McKelvey co-founded WeWork. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of Cond Nast. Shes the latest example of a late-stage capitalist archetype, a member of the cheugystocracy: banal rich white women leveraging their proximity to power to build their own personal brands. We understand that the Neumanns got to a point where they found a way to buy out the cell carriers lease and would have been able to have it taken down, co-author Eliot Brown told The Post. WeWork's Adam and Rebekah Neumann: Nine Crazy Real-Life Stories. There was one person who called BS on Adams hubris: Elon Musk. Neumann's larger-than-life personality sold investors on the idea of WeWork, which set itself apart from other startups as a fun, loose brand that encouraged everything from taking shots and smoking weed during work hours to working 20-hour days and attending 2 a.m. meetings, as reported by The New York Times. Adam and Rebekah Neumann are the rare charlatans who believed their own hype. Her eldest daughters kindergarten just wasnt the right environment, she said. Some experts in New York City private-school admissions, whose clients pay thousands of dollars for guidance through the complicated process, said that even with its high-tech pedigree, the WeGrow school was too unproven a concept for them to recommend. WeCrashed is so interested in capturing Adam and Rebekah Neumann's romance that it fails to accurately show the real, human pain this failed company caused. Rebekah Neumann, one of the central characters in the real-life drama of the ill-fated company, and the Apple TV+ series "WeCrash" is inextricably linked to actress and wellness entrepreneur Gwyneth Paltrow. WeWork (officially called . Inspired by the paradoxical concept of a capitalist kibbutz, they launched in 2010 with a single location in downtown New York City. WeWork senior executives requesting an in-person meeting might be asked to fly with Adam from New York to San Francisco at a moments notice. Tech investor Sheel Mohnot, who was also at the party, said he saw Adam wandering aimlessly around the house, adding that he didnt appear to be with anybody. Corbis via Getty Images. Musk was an idol, yet he put Adam in his place When Adam recounted the meeting to Rebekah, she told him it was a moment of humility he probably needed.. Additional troubleshooting information here. Building community would be hard, the authors write. Adam was passed out cold. Before meeting Adam, Rebekah worked as an actress and producer, a yoga instructor, and a trader. [11] In the early 2010s, she acted and produced some short films using the screen name Rebekah Keith. The filing also described Rebekah as a strategic thought partner to Adam who actively shaped the mission and strategy of The We Company and its global impact agenda, as well as being the primary voice and leading advocate for the We brand. She has apparently never been paid a salary from WeWork. I got the sense that she was guiding the company through her astrological intuition, said a person who met with Rebekah for a contract role, during which they mostly discussed his birth sign to determine if he would be a good fit, energetically speaking. The dress was designed by artist and fashion designer, Vera Wang. Prior to her role in the business world, Rebekah obtained a degree from Cornell University. By 2019, when Rebekah started calling herself a cofounderan interesting pivot, according to a former employeethe company had attained an eye-popping $47 billion valuation and moved beyond renting desks and toward a grandiose vision involving elevating the worlds consciousness through, among other ventures, coliving (WeLive), education (WeGrow), and fitness (Rise by We). Rebekah is the wife of WeWork co-founder Adam Neumann, and also Paltrow's first cousin (their dads were brothers). WeWork and its failures were extensively covered in the media, but "WeCrashed" paints a more vulnerable, detailed picture of the two people behind its inevitable downfall. In five years WeWork will be the new norm for education, Adam prophesied at an event in 2018. (He was hired.) Just think about a reality in which the energy that were feeling right now with one another is an energy of unity, she says, an energy where I am you and you are me and we all are we.. Rebekah Neumann is one such bride. After a chartered trip to Mexico City in 2015, the operator, Gama Aviation, complained to WeWork that passengers were spitting tequila on each other; one passenger became sick throughout the cabin and lavatory, requiring extra cleaning; and that the crew was not tipped.. On multiple occasions, the CEO or one of his companions tore down a curtain divider. (He taught me how to live a meaningful life which I am living today, a combination of having a loving marriage, raising children with high ethical and moral standards, and having a career that hopefully impacts the world in a positive way, Rebekah wrote in a letter appended to her fathers sentencing memorandum in 2015.) [18], Rebekah and Israeli entrepreneur Adam Neumann met in New York[1] and married in 2008. Rupert Murdoch Colluded With Jared Kushner to Try to Throw the 2020 Election to Trump Because Of Course He Did, Trump Claims Ron DeSantis Gets Off on Killing Old People in Wheelchairs, Kate Middleton Is Charting Her Own Path as the Princess of Wales. In the book, the Neumanns are portrayed as a pair of Marie Antoinette-like figures: living it up partying on private jets, spending money like water and leaving employees to clean up their messes while their world was beginning to crumble around them. , The "Stranger Things" Prequel Stage Play Dives Deep Into Vecna's Origin Story, Can't Wait For "Daisy Jones & The Six"? Hes also been investing in various start-ups tied to the real estate world. While she didn't make a name for herself in the upper reaches of Hollywood at least not as an actress the way her cousin Gwyneth did, Neumann still managed to find a high degree of fame for herself. Rebekah would wax poetic about her techno-utopian vision of the future, in which families could travel around the world unencumbered by the inconvenient school calendarnever we mind the carbon footprint of such explorationbecause soon they would have WeGrow systems, a plug-and-play subscription-model education service that would exist everywhere WeWork existed. After Adam was infamously ousted as the CEO of WeWork in 2019 for dubious deals . So in 2017, she and Adam created their own elementary school: WeGrow was housed at the WeWork offices in Chelsea. According to the Post: "The devoutly religious Jewish family first went to South America, where Adam surfed, friends said. The couples were thought to only be business partners but their ties go much deeper than that. She and Adam met in 2009 and the two started WeWork in 2010. Neumann said in a 2016 interview with Porter magazine that her family lived "off a dirt road in, like, a treehouse." Like her friend Ivanka Trump, Rebekah lacks charisma on film (and in person, according to people who know her) and gives off weird vibes. Until September 22, 2019, she served as chief brand and impact officer at WeWork, a company founded by her husband, Adam Neumann, and oversaw its education program WeGrow. They dont think theyve done anything wrong, said a former friend who thinks otherwise. Rebekah was recently in the news due to an article by The Wall Street Journal that examined her and Adams over-the-top, unconventional, and impulsive management styles. Reasons cited included his drug use, eccentric behavior and delayedinitial public offering of a company that burned through $2 billion in 2018 and thrived with the help of some $12 billion in venture capital money and debt. +21. Warning: the following contains SPOILERS for WeCrashed.. WeCrashed tells the story of the stellar rise and decline of the company WeWork, but here's what happened to Anne Hathaway's Rebekah Paltrow Neumann in real life and where it is now. 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's parents gifted her $1 million when she married Adam to buy a home; instead, she used the money to invest in WeWork. Get the daily inside scoop right in your inbox. Who is Rebekah Neumann? [14] Rebekah Neumann played a key role in the collapse of the IPO having contributed New Age language in the filing which as a result "read like a novel written by someone who was 'shrooming", according to Scott Galloway. The school she ultimately created in the WeWork headquarters building in Chelsea, designed by Danish architect Bjarke Ingels and featured in Architectural Digest, would have morning meditation classes, called WePractice, and offer mentorship and entrepreneurship opportunities. Back on land, Adams wife, Rebekah, who is now 43, was telling interviewers that the couple believe in this new Asset Light lifestyle.. That date is accurate, as is the fact that Rebekah's father Bob gave his daughter a $1m wedding gift which the . Upon buying a $15 million Tudor-style home in Pound Ridge, NY, the Neumanns added 2,000 square feet to the existing 13,000 and reduced the nine bedrooms to five supersized ones. (As of March, they have six.) Neumann launched WeWork in 2010 using some of a $1 million wedding gift from his wife Rebekah's parents. According to a document filed with the Securities and Exchange Commission on September 13, Any chief executive officer who succeeds Adam will be selected by our board of directors, acting as a group. By Jacqueline Tempera Published: Mar 18, 2022. ), People who worked closely with Rebekah say that, at her best, she is smart and driven and was influential on WeWorks branding, coming up with clever ideas like the slogan Do what you love, focusing on creators, and honing the companys environmentally conscious ethos through efforts like banning meat consumption in the office. Rebekah Paltrow Neumann, 41, is the Co-Founder and Chief Brand and Impact Officer of The We Company. In case you're not familiar with it, WeWork launched in 2010 and offered cool . Back in 2017, after naming herself CEO of WeGrow, a school with the lofty mission of unleashing every humans superpowers, Rebekah gave an interview to Fast Company in which she explained her motivations for expanding into education. 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