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Brian O’Keli Banking less than $ 100 million after selling his startup to $ 1.6 billion Appnexus to AT&T– And gave the rest of the charity. Gen X’s CEO says that billionaires with yachts and multiple estates are “disgusting” and that maintaining a cap of his wealth holds him grounded, responsible and related to reality. “I don’t understand why you need $ 200 billion, $ 500 billion or even $ 1 billion,” O’Keli says extremely FortuneS
What would you do if you became a multimillionaire overnight? This was exactly what happened to Brian O’Keli in 2018 when he sold his Ad-Tech Company, Appnexus, AT&T for $ 1.6 billion.
But instead of buying a yacht or a fleet of sports cars, O’Keli sat down with his wife about what he calls “a really interesting conversation” about how enough she is – and everything else went to the causes he was interested in.
“I don’t believe in billionaires. I think it’s just ridiculous,” said extremely serial entrepreneur Fortune, Adding that he saved less than $ 100 million from a 10% share in the launch after it was acquired.
“We just understood a number that we thought was enough money – so that we could buy a house and things like that – and then we doubled it and we gave the rest.”
The 48-year-old is now building his third startup, a supply emission data company called Scope3. However, he claims that you will never catch him joining the billionaire club. “I will never be so rich. Even if a range3 is extremely successful, we will give that money.”
For O’Keli, the decision to limit his wealth is not just for generosity. “We never wanted to have so much money that we shouldn’t have made a choice. This means that we cannot be completely ridiculous for our lives,” said Gen X’s CEO everything We want – we have to talk about our budget like anyone else. “
“I don’t understand why you need $ 200 billion, $ 500 billion, or even $ 1 billion. The joy of estimating what we have and we make these difficult choices is really a basis.”
Part of Brian O’Keli’s philosophy is that they do not want his children to spoil. “I feel awful because they are going to fly a business,” he says, adding that at 6 feet-5 he does it for comfort, but he is restless that his children get used to the luxury of life.
“I flew all over the world in the coach so many times, it is spoiling, but I don’t want to spoil my children,” O’Keli adds. “And many of this comes back to me, thinking what life looks like from their eyes. I want them to have a little that struggle I had.”