Forbes just revoked Adam Neumann's billionaire status and lowered its estimate of his personal net worth to $600 million — which means his purported net worth has plummeted by $3.5 billion in just 7 months
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Forbes estimates that former WeWork CEO Adam Neumann's net worth has plummeted from $4.1 billion in March to $600 million as of October 10.

The $3.5 billion fall in Neumann's fortune was caused by a drop in WeWork's evaluation following its botched IPO, Forbes' Samantha Sharf reported.

WeWork cofounder Miguel McKelvey also lost his membership in the three comma club between March and October, Forbes estimates.

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