# The Numbers Behind WeWork’s Growing Empire - Bloomberg

<https://www.bloomberg.com/news/articles/2018-04-24/the-18-billion-rent-bill-the-numbers-behind-wework-s-empire>

- Host: [bloomberg.com](https://links.thingelstad.xyz/hosts/bloomberg.com/)
- Saved: April 29, 2018 (2018-04-29T12:17:15Z)
- Record: https://links.thingelstad.xyz/links/93e0ecb59afa/
- JSON: https://links.thingelstad.xyz/links/93e0ecb59afa.json

## What Jamie wrote

This doesn't read like a healthy company. CEO Adam Neumann has 65% of the voting shares, and in the last two years has paid $9.8 million in leases to properties owned by officers and affiliates of the company, with $90 million in future lease payments. Meanwhile the companies costs are rising faster than revenue. 220,000 members with 251,000 desks? I would think they would have more subscribers than desks.

## Facts

- Kind: [Page](https://links.thingelstad.xyz/kinds/page/)

## Appears in

- [WT52: Weekly Thing #52 / May 5, 2018](https://weekly.thingelstad.com/archive/52/), Featured Links 🏅

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## Elsewhere

- Wayback Machine: https://web.archive.org/web/*/https://www.bloomberg.com/news/articles/2018-04-24/the-18-billion-rent-bill-the-numbers-behind-wework-s-empire