
Billionaire Adam Neumann has watched from the bench as the office "community" empire he built collapsed. WeWork filed for bankruptcy yesterday with documents revealing $19 billion in debt—throwing the future of many of its 777 locations into doubt.
Neumann co-founded the company in 2010 alongside Miguel McKelvey with the pair enjoying the title of trailblazers, shaking up the commercial real estate sector with the idea of creating hip workplace memberships for office locations.