Brian O'Kelley sold his startup AppNexus for $1.6 billion and chose to keep less than $100 million, donating the remainder to charitable causes. He views the wealth of billionaires as excessive and believes that capping his wealth helps maintain accountability and connection to reality. O'Kelley stated that he and his wife had a detailed discussion about financial sufficiency, deciding on a reasonable amount to retain before giving the rest away. Currently, he is starting a new venture, Scope3, while maintaining his stance against accumulating excessive wealth.
O'Kelley states, "We never wanted to have so much money we didn't have to make choices. It's meant that we can't be completely ridiculous about our life."
He emphasizes his disbelief in billionaires, saying, "I don't believe in billionaires. I think it's just ridiculous," after selling AppNexus for $1.6 billion and keeping less than $100 million.
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