• Slide 2 of 29: The sprawling seven-bedroom, seven-bathroom estate in Corte Madera, located 15 miles north of the San Francisco Bay Area, was snapped up by a mystery bidder on March 12, according to the New York Post.
  • Slide 3 of 29: According to Forbes, Neumann's wealth has reportedly plummeted from as much as $14 billion at the height of his unicorn business's reign to around $750 million. Now, Neumann and his wife Rebekah have fled the drama with a move to Israel and a property dump. Pictured: A view inside the music studio above decked out with speakers, a recording booth and plenty of space for instruments. It is shaped like a guitar earning the home its nickname.
  • Slide 4 of 29: With his wealth dwindling and an ongoing legal battle with Softbank over the failed IPO, the sale of the Corte Madera will no doubt be welcome news to the former CEO. Neumann first listed the 12,500 square foot property, which sits on 10.8 acres of land, for $27.5million in August. It languished on the market enabling the lucky new owner to knock a princely sum of $5.1 million off the original asking price. But Neumann has still bagged a handsome profit of $1 million after he initially paid $21.4 million for the property back in 2018.
  • Slide 29 of 29: Neumann and his wife Rebekah have moved to Israel in the wake of the WeWork scandal and are offloading their homes.
Slide 1 of 29: Disgraced WeWork co-founder Adam Neumann’s 11-acre California estate shaped like a guitar has sold for $22.4 million, 10 months after it was first put on the market with a $27.5 million price tag. Its sale comes as Neumann, 41, continues to offload his property portfolio, including his luxury Hamptons farmhouse and Westchester County estate, in the wake of his dramatic fall from grace and ousting from the company he co-founded back in 2010.


Disgraced WeWork co-founder Adam Neumann’s 11-acre California estate shaped like a guitar has sold for $22.4 million, 10 months after it was first put on the market with a $27.5 million price tag. Its sale comes as Neumann, 41, continues to offload his property portfolio, including his luxury Hamptons farmhouse and Westchester County estate, in the wake of his dramatic fall from grace and ousting from the company he co-founded back in 2010.