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- WeWork CEO Adam Neumann’s coworking company is worth $47 billion.
- Neumann himself is worth an estimated $4.1 billion, according to Forbes, but the WeWork CEO hasn’t always been rich.
- Neumann and his wife, Rebekah, once lived in a tiny apartment at 166 2nd Avenue in New York City, he told Business Insider’s Alyson Shontell and Rich Feloni.
- Here’s a look inside the East Village building, where a studio apartment is now renting for $3,098.
- Visit Business Insider’s homepage for more stories.
WeWork CEO Adam Neumann’s coworking company is worth $47 billion, but not too long ago, he was broke.
Neumann and his wife, Rebekah, once lived "at 166 2nd Avenue [in New York City] in an apartment smaller than this office," he told Business Insider’s Alyson Shontell and Rich Feloni in a recent interview.
Today, a studio apartment in the East Village building is renting for $3,098, and the median monthly rent in the neighborhood is $3,150.
Here’s a look inside the New York building where Neumann and his wife lived before they were billionaires.
WeWork CEO Adam Neumann’s coworking company is worth $47 billion and filed to go public in December 2018.
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The Israeli-born entrepreneur launched WeWork in 2010 with his wife, Rebekah, and his business partner Miguel McKelvey. Now, it’s one of the most valuable companies in the world.
But not too long ago, Neumann was broke.
The WeWork CEO told Business Insider in a recent interview that he and his wife, Rebekah, at one point lived in a tiny apartment at 166 2nd Avenue in New York City.
Google Maps
Neumann didn’t specify the year they lived there, but it was likely sometime after 2009, the year he met his wife.
The street level of the building is occupied by a liquor store and a Mediterranean restaurant and hookah lounge, according to Google Maps.
Google Maps
As of August 2018, scaffolding was erected on the front of the building.
See the rest of the story at Business Insider
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SEE ALSO: How WeWork’s CEO manages his ego after going from broke to a billionaire in under 10 years
Source: Business Insider – kwarren@businessinsider.com (Katie Warren)