WeWork founder Adam Neumann loses multibillionaire status

His worth was estimated at $4bn in March, but after failed IPO is now thought to be about $600mThe WeWork co-founder Adam Neumann has been stripped of his multibillionaire status as it has emerged that losses at the UK subsidiaries of the embattled office space company soared 10-fold to £76m last year.Neumann, who last month stepped down as chief executive of WeWork following its botched attempt to list on the US stock market, was estimated to be worth $4.1bn (£3.2bn) in March when h