Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Times of India
The Times of India
World
TOI World Desk

Tech founder walked away with less than $100 million from a $1.6 billion sale

When Brian O’Kelley sold his technology company for $1.6 billion, he had the chance to join the ranks of the world’s wealthiest entrepreneurs. Instead, the AppNexus co-founder chose to keep less than $100 million and give the rest away to charitable causes. The decision followed a conversation with his wife about how much money they needed to live comfortably, and it reflected a view he has since expressed openly: he does not believe people need billions to have a good life. Now building another technology business, O’Kelley says he has no intention of becoming a billionaire, whatever his next venture earns.

Get breaking news anytime, anywhere. Download the TOI app now!

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.