From the Editor
- Miguel McKelvey cofounded coworking firm WeWork with Adam Neumann in 2010 and served as its chief culture officer until July 2020.
- McKelvey became a billionaire in 2016, but fell from the ranks as his less than 5% stake plummeted in value after WeWork's canceled September 2019 IPO.
- After the failed IPO, new leadership led WeWork to sell some of its assets, including a wave pool business it had acquired.
- WeWork ultimately went public, in October 2021, by merging with blank check company BowX Acquisition Corp.
- The company rents out office space in 760 locations in 38 countries; it was initially known for on-site beer kegs.
Wealth History
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Forbes Lists
Personal Stats
- Age
- 51
- Source of Wealth
- WeWork, Self Made
- Residence
- New York, New York
- Citizenship
- United States
Did you know
McKelvey was raised in a five-mother commune in Eugene, Ore.
Though he rarely got on the court, McKelvey played on the basketball team at the University of Oregon for two years.
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