Miguel McKelvey Biography, Life, Career, Net Worth

Miguel McKelvey is a renowned entrepreneur, architect, and designer, best known for co-founding WeWork, a co-working space provider that has transformed the modern workplace. Born in 1974, McKelvey’s journey to success has been one filled with several interesting twists and turns. 

Early Life and Education

Miguel McKelvey was born in 1974 in Oregon, United States. His mother is of Japanese descent, and his father is of African-American and Irish ancestry. McKelvey grew up in a farm in Oregon and was homeschooled until the age of 10. After completing his homeschooling, he attended a local public high school, where he developed a love for architecture.

McKelvey went on to attend the University of Oregon, where he earned a bachelor’s degree in philosophy. After completing his undergraduate studies, he moved to New York City, where he worked as an architect for several years.

Career

McKelvey’s career began in architecture, but he soon transitioned to design, founding a company called “Alembic” with fellow architect and designer, Brad Landcaster. Alembic specialized in creating sustainable furniture and lighting fixtures, and the company quickly gained a following in the design world.

In 2008, McKelvey co-founded WeWork with Adam Neumann. WeWork was a revolutionary concept that aimed to provide co-working spaces for entrepreneurs, freelancers, and small businesses. The idea quickly took off, and WeWork grew into a global company with over 800 locations in more than 120 countries.

However, WeWork’s success was not without its challenges. Investor concerns about valuation and corporate governance led to the shelving of the company’s initial public offering (IPO) in 2019. McKelvey eventually left the company in 2019.

Net Worth

The co-founding of WeWork by Miguel McKelvey, which was valued at $47 billion at its peak, is estimated to have contributed the bulk of his wealth, which is around $400 million.

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Personal Life

Miguel McKelvey is married and has two children. He is also an avid yoga practitioner and has studied yoga for over two decades.

Philanthropy

Miguel McKelvey is involved in several philanthropic endeavors. He has donated to various organizations that promote sustainable architecture and design. Additionally, he has pledged to donate half of his wealth to charitable causes through The Giving Pledge.

FAQs:

Q: What is Miguel McKelvey’s net worth?

A: Miguel McKelvey’s net worth is estimated to be around $400 million.

Q: What is WeWork?

A: WeWork is a co-working space provider that aims to provide flexible workspaces for entrepreneurs, freelancers, and small businesses.

Q: What is Miguel McKelvey’s background?

A: Miguel McKelvey was born in 1974 in Oregon, United States. His mother is of Japanese descent, and his father is of African-American and Irish ancestry.

Q: What is The Giving Pledge?

A: The Giving Pledge is a philanthropic organization that encourages wealthy individuals to pledge to donate at least half of their wealth to charitable causes during their lifetimes.

Q: What is Miguel McKelvey’s contribution to sustainable architecture?

A: Miguel McKelvey has donated to various organizations that promote sustainable architecture and design. Additionally, his company Alembic specialized in creating sustainable furniture and lighting fixtures.

Conclusion:

Miguel McKelvey journey to success is a testament to the power of hard work, creativity, and perseverance. From his humble beginnings in Oregon to co-founding WeWork, McKelvey has carved a unique path that has left a lasting impact on the business and design world. 

His dedication to sustainability and philanthropy makes him a role model for aspiring entrepreneurs and designers.