Kevin O’Leary, aka “Mr. Wonderful” from the TV show “The Shark Tank,” had an odd reaction yesterday when asked about Oxfam’s new global inequality poverty report on his Canadian TV show, “The Lang & O’Leary Exchange.” Video below.
O’Leary was asked what he thought of the report’s determination that the wealth of the world’s richest 85 people is equal to the wealth of the world’s poorest 3.5 billion people.
O’Leary proclaimed it “fantastic.”
CO-HOST AMANDA LANG: The wealth, this is according to Oxfam, of the world’s 85 richest people is equal to the 3.5 billion poorest people.
KEVIN O’LEARY: It’s fantastic. And this is a great thing because it inspires everybody, gets them motivation to look up to the 1% and say, “I want to become one of those people, I’m going to fight hard to get up to the top.” This is fantastic news, and of course I applaud it. What can be wrong with this?
AMANDA LANG: Really?
KEVIN O’LEARY: Yes, really. I celebrate capitalism.
AMANDA LANG: So, somebody making a dollar a day in Africa is getting up in the morning and saying “I’m gonna be Bill Gates”?
KEVIN O’LEARY: That’s the motivation everybody needs.
AMANDA LANG (speaking as one of those poor Africans): The only thing between me and that guy is “motivation,” I just need to pull up my socks… oh wait, I don’t have socks!
KEVIN O’LEARY: I am not against charity.