Kevin “Shark Tank” O’Leary: “Fantastic” that 85 people have same wealth as 3.5bn others

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?


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.

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Follow me on Twitter: @aravosis | @americablog | @americabloggay | Facebook | Instagram | Google+ | LinkedIn. John Aravosis is the Executive Editor of AMERICAblog, which he founded in 2004. He has a joint law degree (JD) and masters in Foreign Service from Georgetown; and has worked in the US Senate, World Bank, Children's Defense Fund, the United Nations Development Programme, and as a stringer for the Economist. He is a frequent TV pundit, having appeared on the O'Reilly Factor, Hardball, World News Tonight, Nightline, AM Joy & Reliable Sources, among others. John lives in Washington, DC. .

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