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.
Uncrewed regular yachts small enough to singlehand are cheaper than a normal middle-class house. Hell, you can get an old one for $1 and some sweat equity.
(That’s a slight exaggeration – fiberglass and resin costs money – but there are definitely people who sail around on boats worth 5 figures and work occasional odd jobs when they need money.)
Not even close - megayachts are 9 figures and that doesn’t include the absurd crewing and other operational costs. There’s no way he could own let alone operate one on a $4M income.
I mean, I could probably retire right now with 4 million and live comfortably. But hey, I’m not gonna fault this dude for doing the right thing here and still being wealthy. Dude put over 90% of the funds back into causes and recirculating instead of hoarding it like some sociopathic dragon.
$4 million a year is absolutely mega yacht territory.
It’s definitely really nice yacht territory but can’t afford the floating 100+ room compounds all the billionaires are buying.
Nah, just regular yacht
Yeah, and uncrewed, one where you can operate everything solo or as a couple. Big crewed ones can easily be 20k per day to run.
Uncrewed regular yachts small enough to singlehand are cheaper than a normal middle-class house. Hell, you can get an old one for $1 and some sweat equity.
(That’s a slight exaggeration – fiberglass and resin costs money – but there are definitely people who sail around on boats worth 5 figures and work occasional odd jobs when they need money.)
To buy, sure, but how much is fuel and dock fees? (I’m asking, I have no idea)
Not even close - megayachts are 9 figures and that doesn’t include the absurd crewing and other operational costs. There’s no way he could own let alone operate one on a $4M income.
I definitely underestimated the cost of mega yachts. But $4mil/yr is still and insane amount of money.
I mean, I could probably retire right now with 4 million and live comfortably. But hey, I’m not gonna fault this dude for doing the right thing here and still being wealthy. Dude put over 90% of the funds back into causes and recirculating instead of hoarding it like some sociopathic dragon.
Oh I don’t want anything I’ve said to come off as a criticism of what he’s done. I think it’s amazing.