Miguel McKelvey's earnings from WeWork: Miguel McKelvey co-founded WeWork in 2010 with Adam Neumann. As of his departure from the company in 2019, McKelvey's net worth was estimated to be around $800 million. This includes his earnings from WeWork, as well as his other business ventures.

McKelvey's earnings from WeWork were primarily derived from his ownership stake in the company. He owned approximately 10% of WeWork at the time of his departure, which was worth around $800 million. McKelvey also received a salary and other compensation from WeWork during his time with the company.

McKelvey's earnings from WeWork have been used to fund his other business ventures, including his new company, Spacemaker. Spacemaker is a real estate technology company that is developing new ways to design and build workspaces.

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How much did Miguel make from WeWork?

Miguel McKelvey co-founded WeWork in 2010 with Adam Neumann. As of his departure from the company in 2019, McKelvey's net worth was estimated to be around $800 million. This includes his earnings from WeWork, as well as his other business ventures.

Ownership stake: McKelvey owned approximately 10% of WeWork at the time of his departure, which was worth around $800 million.
Salary and compensation: McKelvey also received a salary and other compensation from WeWork during his time with the company.
Other business ventures: McKelvey's earnings from WeWork have been used to fund his other business ventures, including his new company, Spacemaker.
Net worth: McKelvey's net worth is estimated to be around $800 million.
Co-founder: McKelvey co-founded WeWork with Adam Neumann.
Departure: McKelvey departed from WeWork in 2019.
Spacemaker: McKelvey's new company, Spacemaker, is a real estate technology company.
Workspace design: Spacemaker is developing new ways to design and build workspaces.

McKelvey's earnings from WeWork have allowed him to pursue his other business interests and passions. He is a successful entrepreneur and investor, and his work is having a positive impact on the world.

| Personal Details | Bio Data ||---|---|| Name | Miguel McKelvey || Birth Date | 1977 || Birth Place | Eugene, Oregon, U.S. || Occupation | Entrepreneur, investor, co-founder of WeWork || Net Worth | $800 million (estimated) |

Ownership stake

Miguel McKelvey's ownership stake in WeWork was a major factor in his overall earnings from the company. As a co-founder and early investor, McKelvey's stake in WeWork grew significantly as the company's value increased.

Equity ownership: McKelvey's 10% ownership stake in WeWork gave him a substantial equity position in the company. This meant that he was entitled to a share of WeWork's profits and assets.
Value appreciation: As WeWork's value increased, so did the value of McKelvey's ownership stake. This was due to the fact that WeWork was a privately held company, and its shares were not publicly traded.
Departure: When McKelvey departed from WeWork in 2019, he sold his ownership stake in the company. This sale netted him around $800 million, which was a significant portion of his overall earnings from WeWork.

McKelvey's ownership stake in WeWork was a major factor in his financial success. It allowed him to reap the benefits of the company's growth and success, and it ultimately contributed to his net worth of $800 million.

Salary and compensation

The salary and compensation that Miguel McKelvey received from WeWork during his time with the company were a significant component of his overall earnings from WeWork. In addition to his ownership stake in the company, McKelvey's salary and compensation provided him with a steady income and other benefits.

The amount of salary and compensation that McKelvey received from WeWork is not publicly disclosed. However, it is likely that he received a competitive salary and benefits package, commensurate with his position as co-founder and executive of the company.

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McKelvey's salary and compensation from WeWork allowed him to live a comfortable lifestyle and pursue his other business interests. He was able to invest in other companies and startups, and he also supported a number of charitable causes.

The salary and compensation that McKelvey received from WeWork were an important part of his overall financial success. They allowed him to build a strong financial foundation for himself and his family, and they also gave him the freedom to pursue his other passions and interests.

Other business ventures

The earnings that Miguel McKelvey made from WeWork have played a significant role in funding his other business ventures, including his new company, Spacemaker. After departing from WeWork in 2019, McKelvey used a portion of his earnings to establish Spacemaker, a real estate technology company focused on developing innovative workspace designs and solutions.

Spacemaker is a testament to McKelvey's entrepreneurial spirit and his commitment to transforming the workplace experience. By leveraging his insights and experience gained at WeWork, McKelvey aims to create more efficient, sustainable, and inspiring workspaces through Spacemaker's technology and design-driven approach.

The connection between McKelvey's earnings from WeWork and his other business ventures highlights the importance of financial resources in supporting entrepreneurial endeavors. Access to capital allows entrepreneurs to invest in new ideas, take risks, and bring their visions to life. McKelvey's success with Spacemaker demonstrates how the earnings from one venture can serve as a springboard for future growth and innovation.

Net worth

Miguel McKelvey's net worth is closely tied to his earnings from WeWork. The majority of his wealth stems from his ownership stake in the company, which he co-founded in 2010. McKelvey's net worth also includes earnings from his other business ventures, such as his new company, Spacemaker.

Ownership stake: McKelvey's 10% ownership stake in WeWork was a major factor in his overall earnings from the company. When he departed from WeWork in 2019, his stake was worth around $800 million.
Salary and compensation: McKelvey also received a salary and other compensation from WeWork during his time with the company. This income contributed to his overall net worth.
Other business ventures: McKelvey has used his earnings from WeWork to fund his other business ventures, including Spacemaker. Spacemaker is a real estate technology company that is developing new ways to design and build workspaces.

McKelvey's net worth is a reflection of his success as an entrepreneur and investor. He has built a strong financial foundation for himself and his family, and he is using his wealth to pursue his other passions and interests.

Co-founder

Miguel McKelvey's role as co-founder of WeWork played a pivotal role in determining his earnings from the company. As a co-founder, McKelvey held a significant ownership stake in WeWork, which entitled him to a share of the company's profits and assets.

Ownership stake
As a co-founder, McKelvey owned approximately 10% of WeWork's shares. This ownership stake was a major factor in his overall earnings from the company. When WeWork's value increased, so did the value of McKelvey's ownership stake. When he departed from WeWork in 2019, his stake was worth around $800 million.
Decision-making power
As a co-founder, McKelvey had a say in the company's decision-making process. This gave him the opportunity to influence the company's strategy and direction, which could have a direct impact on its financial performance and, consequently, his earnings.
Reputation and credibility
Being a co-founder of WeWork gave McKelvey a reputation as a successful entrepreneur. This reputation and credibility could have helped him attract investors and partners for his other business ventures, further contributing to his overall earnings.

In conclusion, McKelvey's role as co-founder of WeWork was a key factor in determining his earnings from the company. His ownership stake, decision-making power, and reputation all contributed to his financial success.

Departure

Miguel McKelvey's departure from WeWork in 2019 marked a significant turning point in his financial journey and was a key factor in determining his overall earnings from the company.

When McKelvey departed from WeWork, he sold his approximately 10% ownership stake in the company for around $800 million. This sale represented a substantial portion of his overall earnings from WeWork. The value of his ownership stake had grown significantly since he co-founded the company in 2010, due to WeWork's rapid growth and increasing valuation.

In addition to the direct financial gain from selling his ownership stake, McKelvey's departure from WeWork also allowed him to pursue other business ventures and investments. He used a portion of his earnings from WeWork to establish Spacemaker, a real estate technology company focused on developing innovative workspace designs and solutions.

McKelvey's departure from WeWork was a strategic move that enabled him to maximize his earnings from the company and transition to new opportunities. His success highlights the importance of understanding the right time to exit a business venture and the potential financial benefits that can come from doing so.

Spacemaker

Miguel McKelvey's earnings from WeWork have played a pivotal role in the establishment of his new company, Spacemaker. Spacemaker is a real estate technology company focused on developing innovative workspace designs and solutions.

Funding: McKelvey used a portion of his earnings from WeWork to fund Spacemaker. This initial investment provided Spacemaker with the necessary capital to launch its operations and develop its technology.
Expertise: McKelvey's experience in the commercial real estate industry, particularly his insights gained from co-founding WeWork, has been invaluable to Spacemaker. He brings a deep understanding of the challenges and opportunities in the workspace market.
Network: The connections and relationships McKelvey established during his time at WeWork have been beneficial to Spacemaker. He has been able to leverage these relationships to secure partnerships and attract investors.
Reputation: McKelvey's reputation as a successful entrepreneur and innovator has contributed to Spacemaker's credibility. This reputation has helped Spacemaker gain recognition in the industry and attract clients.

The connection between Spacemaker and McKelvey's earnings from WeWork is evident in the funding, expertise, network, and reputation that have been instrumental in Spacemaker's development. McKelvey's financial success from WeWork has provided him with the resources and opportunities to pursue his passion for transforming the workplace experience through Spacemaker.

Workspace design

Miguel McKelvey's earnings from WeWork have enabled him to pursue his passion for transforming the workplace experience through his new company, Spacemaker. Spacemaker is a real estate technology company focused on developing innovative workspace designs and solutions.

Improved productivity and well-being: Spacemaker's workspace designs prioritize employee comfort, collaboration, and productivity. By creating spaces that are conducive to creativity and focus, Spacemaker helps businesses improve their overall performance.
Cost optimization: Spacemaker's technology allows businesses to optimize their workspace utilization and reduce their real estate costs. By providing data-driven insights and space planning tools, Spacemaker helps businesses make informed decisions about their workspace needs.
Sustainability: Spacemaker promotes sustainable workspace design practices. By incorporating energy-efficient materials and technologies, Spacemaker helps businesses reduce their environmental impact and create healthier work environments.
Enhanced employee experience: Spacemaker's workspaces are designed to enhance the employee experience. By creating spaces that are comfortable, inspiring, and socially engaging, Spacemaker helps businesses attract and retain top talent.

The connection between Spacemaker's workspace design and Miguel McKelvey's earnings from WeWork lies in the value that Spacemaker's services provide to businesses. By improving productivity, optimizing costs, promoting sustainability, and enhancing the employee experience, Spacemaker helps businesses achieve their goals and improve their bottom line. This, in turn, contributes to the overall success and financial growth of Spacemaker, which ultimately benefits Miguel McKelvey as the founder and major shareholder of the company.

FAQs about Miguel McKelvey's earnings from WeWork

Miguel McKelvey, the co-founder of WeWork, has earned a substantial amount of money from the company. Here are some frequently asked questions about his earnings:

Question 1: How much did Miguel McKelvey make from WeWork?

According to various sources, Miguel McKelvey's net worth is estimated to be around $800 million. This includes his earnings from WeWork, as well as his other business ventures.

Question 2: What was the source of Miguel McKelvey's earnings from WeWork?

McKelvey's earnings from WeWork primarily came from his ownership stake in the company. He owned approximately 10% of WeWork at the time of his departure in 2019, which was worth around $800 million. McKelvey also received a salary and other compensation from WeWork during his time with the company.

Question 3: What is Miguel McKelvey doing now?

After departing from WeWork, McKelvey founded a new company called Spacemaker. Spacemaker is a real estate technology company that is developing innovative workspace designs and solutions.

Question 4: What is the connection between Miguel McKelvey's earnings from WeWork and Spacemaker?

McKelvey used a portion of his earnings from WeWork to fund Spacemaker. He also brings his experience and expertise from WeWork to Spacemaker, which has helped the company to develop cutting-edge workspace solutions.

Question 5: What is the net worth of Miguel McKelvey?

Miguel McKelvey's net worth is estimated to be around $800 million.

Question 6: What can we learn from Miguel McKelvey's success?

Miguel McKelvey's success story is a testament to the power of entrepreneurship and innovation. He has built a successful business empire by identifying unmet needs in the market and developing innovative solutions. McKelvey's story is an inspiration to aspiring entrepreneurs and business leaders.

Summary: Miguel McKelvey has earned a substantial amount of money from his involvement with WeWork. His earnings have allowed him to pursue his other business ventures, including Spacemaker, which is a leading provider of innovative workspace solutions.

Transition to the next article section: Miguel McKelvey's story is an inspiring example of how entrepreneurship and innovation can lead to financial success. His journey is a valuable lesson for anyone who is looking to start their own business or make a difference in the world.

Tips for Understanding Miguel McKelvey's Earnings from WeWork

Understanding Miguel McKelvey's earnings from WeWork requires a comprehensive analysis of various factors. Here are some tips to guide you in this process:

Tip 1: Examine McKelvey's Ownership Stake

McKelvey's ownership stake in WeWork was a major contributor to his earnings. Determine the percentage of shares he owned and the value of those shares at the time of his departure.

Tip 2: Consider Salary and Compensation

In addition to his ownership stake, McKelvey also received a salary and other compensation from WeWork. Research available information on his salary, bonuses, and any other forms of compensation.

Tip 3: Explore Other Business Ventures

McKelvey has been involved in other business ventures outside of WeWork. Investigate these ventures and assess their potential impact on his overall earnings.

Tip 4: Analyze Financial Disclosures

Review financial disclosures from WeWork and other relevant sources to gain insights into McKelvey's earnings. This may include annual reports, SEC filings, and news articles.

Tip 5: Consider Industry Benchmarks

Compare McKelvey's earnings to industry benchmarks for similar positions and company valuations. This provides context for evaluating the reasonableness of his earnings.

Summary: By following these tips, you can gain a deeper understanding of the various factors that contributed to Miguel McKelvey's earnings from WeWork.

Transition to the article's conclusion: Analyzing McKelvey's earnings provides valuable insights into the financial aspects of his entrepreneurial journey and the success of WeWork.

Conclusion

Miguel McKelvey's earnings from WeWork are a testament to his entrepreneurial success and the company's remarkable growth. His ownership stake, salary, and other compensation contributed significantly to his overall wealth.

McKelvey's earnings have enabled him to pursue his other business ventures, including Spacemaker, which is transforming the workspace design industry. His journey serves as an inspiration for aspiring entrepreneurs, demonstrating the potential rewards of innovation and hard work.