EXCLUSIVE: Brian O’Kelley says he’s capped his wealth to $100 million. The tech founder tells Fortune, billionaires are wasteful, out of touch, and “othered” from real life.
Invested carefully, even at an underperforming 5% return, that’s still $30k/yr. Not really enough to live the easy life but it’s enough to pay for health insurance while you work on selling artisinal Swedish fire torches.
Substitute whatever you’d like to spend that money on, maybe you have great single payer so maybe you want to spend it on travel, maybe it’s a new car, maybe you want to gamble it all away. The point is that even a relatively small amount of money buys you enough “wiggle room” to pursue more leisurely ways of making a little money.
It’s easier to make a living walking dogs when you don’t have to worry about keeping the lights on.
Invested carefully, even at an underperforming 5% return, that’s still $30k/yr. Not really enough to live the easy life but it’s enough to pay for health insurance while you work on selling artisinal Swedish fire torches.
What a savage notion. Civilized countries have socialized healthcare.
Thanks for rubbing it in
Substitute whatever you’d like to spend that money on, maybe you have great single payer so maybe you want to spend it on travel, maybe it’s a new car, maybe you want to gamble it all away. The point is that even a relatively small amount of money buys you enough “wiggle room” to pursue more leisurely ways of making a little money.
It’s easier to make a living walking dogs when you don’t have to worry about keeping the lights on.