WeWork chief executive makes millions leasing properties to WeWork

By Frances Ivens2019-01-16T12:46:00

Source: Shutterstock/ photobyphm

WeWork’s chief executive Adam Neumann has made millions of pounds buying properties using his personal wealth and leasing them back to the flexible office provider.

The Wall Street Journal has reported that Neumann, who has voting control over WeWork, has bought several office properties in the US via investor groups and leased them to his own company sparking concerns around conflicts of interest.

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