WeWork’s no-drama new owner pitches turnaround

Low-profile software tycoon Anant Yardi sees “tremendous opportunity” in the co-working business after a turbulent bankruptcy.

Amelia Pollard and Sujeet Indap

May 30, 2024 – 3.23pm

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Anant Yardi will not be caught up in any private jet mischief like Adam Neumann. The low-key California software tycoon is set to take over WeWork on Thursday (Friday AEST) when a federal bankruptcy court hands control of the co-working business the hustling Neumann once ran to its creditors.

Yardi, an engineer who immigrated from India in 1968, has quietly amassed a multibillion-dollar fortune over four decades selling property management software to commercial and residential landlords.

Financial Times