Mr. Neumann has purchased homes in Manhattan, the Hamptons and in Westchester. Mr. Neumann has told friends and associates he sold more than $100 million of WeWork’s shares, a large amount to sell before an IPO, according to business associates of Mr. Neumann. In 2014 Mr. Neumann bought a $10.5 million Greenwich Village townhouse, public records show. Last year, Mr. Neumann purchased the 60-acre Linden Farm estate in Westchester for $15 million, public records show. In addition, he and his wife own a home in the Hamptons, purchased for $1.715 million in 2012, public records show.

Source: Wall Street Journal November 16, 2017 19:08 UTC