As part of an investment round for WeWork in 2014, he was
granted Class B shares that gave him 10 votes per share,
and now he has more than 65% of the overall share vote,
according to WeWork corporate filings.
These multi-class ownership structures need to be reformed. The SEC is already thinking about it [0].
[0]- https://www.sec.gov/news/speech/perpetual-dual-class-stock-c...