WeWork is selling the company`s $60 million luxurious private jet that Adam Neumann and his family personalized and used to fly all over the world

WeWork is selling the company`s $60 million luxurious private jet that Adam Neumann and his family personalized and used to fly all over the world


  • WeWork is putting the private plane Adam Neumann used up for sale, Business Insider has learned.

  • The company bought the luxurious Gulfstream G650 for $60 million last year.

  • Some employees told Business Insider that the optics of the Gulfstream upset staff members who couldn`t get promised bonuses and raises while the company spent millions on the plane and parties. It also raised red flags with investors.

  • WeWork is moving to divest itself of some of its assets, including other businesses it purchased, as it tries to better position itself for an initial public offering.

WeWork is selling the luxurious plane that its cofounder Adam Neumann used to travel the world — a symbol of the company`s corporate-governance issues that have in part derailed its initial public offering...

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- - Volume: 7 - WEEK: 40 Date: 9/30/2019 6:22:24 PM -