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.
When a billionaire gives money away, it’s usually to their own charity, and it’s to avoid paying taxes.
Of course it sounds good to say they gave it away.
But it reality, it’s given to a charity they fully control.
Basically he paid the cost of buying the Benevolent Nerd Dad image when you’re primarily known for running a company with some of the most anti-competitive practices ever around.
When a billionaire gives money away, it’s usually to their own charity, and it’s to avoid paying taxes. Of course it sounds good to say they gave it away. But it reality, it’s given to a charity they fully control.
Or to reinvent their image, and not be look upon as a terrible person. Aka, gates
Basically he paid the cost of buying the Benevolent Nerd Dad image when you’re primarily known for running a company with some of the most anti-competitive practices ever around.