What Is Kevin O Leary’s Net Worth

Kevin O'Leary |
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![]() O'Leary in 2012 |
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Built-in |
Terence Thomas Kevin O'Leary
Montreal, Quebec, Canada |
Other names |
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Citizenship |
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Alma mater |
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Occupations |
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Known for | Reality Tv host, CNBC and BNN contributor |
Political political party |
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Spouse |
Linda O'Leary (m. 1990) |
Children | 2 |
Website | Official website |
Terence Thomas Kevin O'Leary
(born 9 July 1954), too known every bit
Mr. Wonderful, is a Canadian businessman, entrepreneur, and television personality.[1]
From 2004 to 2014, he appeared on diverse Canadian television shows. These include the business news programmes
SqueezePlay
and
The Lang and O'Leary Exchange, as well equally the reality television shows
Dragons' Den
and
Redemption Inc.
[2]
In 2008, he appeared on Discovery Channel'southward
Project World. Since 2009, he has appeared on
Shark Tank, the American version of
Dragons' Den.
O'Leary co-founded SoftKey Software Products, a technology company that sold software geared toward family education and entertainment. During the belatedly 1980s and 1990s, SoftKey acquired rival companies via hostile takeover bids, such as Compton's New Media, The Learning Company, and Broderbund. SoftKey afterwards changed its proper noun to The Learning Company and was caused past Mattel in 1999, with the sale making O'Leary a multimillionaire.[3]
[4]
Mattel and then fired him after the acquisition resulted in meaning losses and multiple shareholder lawsuits.[iv]
In 2017, he campaigned to be the leader of the Conservative Party of Canada.[5]
[6]
He was a frontrunner in the polls during much of that fourth dimension just dropped out in April 2017, one month before the ballot, citing a lack of support in Quebec.[7]
Early life and education
[edit]
O'Leary was born on 9 July 1954,[8]
in Montreal, Quebec, Canada, 1 of two sons of Georgette (née Bukalam), a small-business owner and investor of Lebanese descent, and Terry O'Leary, a salesman of Irish descent. Kevin'due south blood brother is Shane O'Leary.[eight]
[ix]
[10]
[11]
[12]
Due to his paternal heritage, O'Leary as well holds Irish citizenship and carries an Irish passport.[13]
O'Leary had dyslexia which he argued helped him in the world of business organisation.[14]
O’Leary grew upwards in the Town of Mountain Regal,[2]
Quebec. His parents divorced when he was a child, largely due to his father's alcoholism.[viii]
His father died shortly subsequently that, when O'Leary was only vii years old.[15]
After his father's decease, his mother ran the business concern as an executive.[16]
His mother later married an economist, George Kanawaty,[17]
who worked with the UN'southward International Labour Organization.[11]
[eighteen]
His stepfather's international assignments caused the family to movement ofttimes, and O'Leary lived in many places while growing up, including Cambodia, Ethiopia, Tunisia, and Cyprus.[xix]
In his youth, he met both Haile Selassie of Ethiopia and Pol Pot of Kingdom of cambodia.[20]
O'Leary attended Stanstead College[21]
and St. George'south School, both in Quebec.[2]
O'Leary's mother was a skilled investor, investing a third of her weekly paycheque in large-cap, dividend-paying stocks and interest-bearing bonds, ultimately achieving high returns in her investment portfolio. She kept her investment portfolio secret, so O'Leary simply discovered his female parent's skill every bit an investor afterwards her death, when her will was executed.[22]
Many of his investment lessons came from his female parent, including the admonition to salvage one-third of his money.[2]
[22]
[23]
[24]
O'Leary had aspired to go a photographer, merely on the advice of his stepfather, attended university,[eighteen]
where he connected to develop his involvement in business and investing.[25]
He received an honours bachelor's degree in environmental studies and psychology from the University of Waterloo in 1977[26]
[27]
[28]
and an MBA in entrepreneurship from the Ivey Business School at the University of Western Ontario in 1980.[27]
[28]
Business career
[edit]
In 1978, between the first and second years of his MBA program, O'Leary was selected for an internship at Nabisco in Downtown Toronto and then worked every bit an assistant brand manager for Nabisco's cat food brand.[23]
[24]
[29]
O'Leary credits his later on success at The Learning Company to the skills he developed in marketing during his days at Nabisco.[30]
After leaving Nabisco, O'Leary began a brief career equally a tv set producer. With two of his former MBA classmates, Scott Mackenzie and Dave Toms (both of whom had assisted on O'Leary's MBA documentary), O'Leary co-founded Special Outcome Tv set (Set up).[16]
[31]
[32]
Ready was an independent idiot box production company that produced original sports programming such equally
The Original 6,
Don Scarlet'south Grapevine,
and
Bobby Orr and the Hockey Legends. The company achieved limited success with minor television shows, soccer films, sports documentaries, and short in-between-menstruation commercials for local professional hockey games.[iv]
[23]
[33]
[34]
[35]
I of his partners after bought out his share of the venture for $25,000.[two]
[32]
Softkey
[edit]
After selling his SET share, O'Leary started Softkey in a Toronto basement in 1986, along with business organisation partners John Freeman and Gary Babcock.[35]
The company was a publisher and benefactor of CD-ROM-based personal computer software for Windows and Macintosh computers. A major financial backer who had committed $250,000 in development capital to the company backed out the 24-hour interval earlier signing the documents and delivering his cheque, leaving O'Leary looking for funding to support the fledgling business organization. He used the proceeds from selling his Gear up share and convinced his mother to lend him $10,000 in seed capital to institute SoftKey Software Products.[36]
The software and personal-calculator industries were proliferating in the early on 1980s, and O'Leary convinced printer manufacturers to bundle Softkey'south program with their hardware. With distribution bodacious, the visitor adult several educational software products focused on mathematics and reading education. Softkey products typically consisted of software for home users, particularly compilation discs containing various freeware or shareware games packaged in "gem-example" CD-ROMs.[four]
[24]
Softkey weathered stiff contest from other software companies in the late 1980s and prospered throughout the 1990s. By 1993, Softkey had get a major consolidator in the educational software market, acquiring rivals such as WordStar and Spinnaker Software.[37]
[38]
In 1995, Softkey caused The Learning Company (TLC) for $606 1000000,[39]
adopting its proper name, and moved its headquarters to Cambridge, Massachusetts.
TLC lost $105 million (US) in 1998 on revenues of $800 million and suffered losses over the previous two years.[twoscore]
TLC bought its former rival Brøderbund in June 1998 for $416 million.
In 1999, TLC was acquired by Mattel for US$4.2 billion.[35]
Sales and earnings for Mattel shortly dropped, and O'Leary was fired. The purchase past Mattel was later chosen 1 of the near disastrous acquisitions in recent history.[41]
While acquisition management had projected a post-acquisition profit of The states$50 million, Mattel actually experienced a loss of US$105 one thousand thousand. Mattel's stock dropped, wiping out U.s.a.$iii billion of shareholder value in a single twenty-four hours. Mattel'due south shareholders later filed a course-action lawsuit accusing Mattel executives, O'Leary, and former TLC CEO Michael Perik of misleading investors about the health of TLC and the benefits of its acquisition. The lawsuit alleged that TLC used bookkeeping tricks to hibernate losses and inflate quarterly revenues. O'Leary and his defendants disputed all of the charges. Mattel paid $122 million to settle the lawsuit in 2003. O'Leary blamed the technology meltdown and a civilisation clash of management of the 2 companies for the failure of the acquisition.[40]
[42]
O'Leary and backers from Citigroup made an unsuccessful endeavor to acquire the video game company Atari. O'Leary made plans to start a video-gaming goggle box channel that never came to fruition.[4]
StorageNow Holdings
[edit]
In 2003, O'Leary became a co-investor and director at StorageNow Holdings, a Canadian developer of climate-controlled storage facilities, a company controlled by Reza Satchu and Asif Satchu.[43]
StorageNow became the operator of storage services in Canada, with facilities in 11 cities, and was caused by Storage REIT in March 2007 for $110 million.[4]
He sold his shares, originally worth $500,000, for more than $4.five one thousand thousand.[4]
In May 2005, Reza Satchu and O'Leary'southward operating partner, Wheeler, filed a $ten-million wrongful dismissal lawsuit, charging that they had altered an agreed-upon compensation deal and illegally reduced Wheeler'southward share of the profits.[4]
O'Leary and Satchu claimed Wheeler failed to reach performance targets.[44]
The case was settled out of court.[4]
Other projects
[edit]
In March 2007, O'Leary joined the advisory board of Genstar Uppercase, a private equity firm that focuses on investing in healthcare services, industrial technology, business organisation services, and software. Genstar Majuscule appointed O'Leary to its Strategic Advisory Board to seek new investment opportunities for its $1.2 billion fund.[45]
O'Leary Funds
[edit]
In 2008, O'Leary co-founded O'Leary Funds Inc., a mutual fund visitor focused on global yield investing. He is the company'southward chairman and lead investor, while his brother Shane O'Leary serves every bit the director. The fund's assets under management grew from $400 million in 2011 to $1.2-billion in 2012.[46]
The fund's primary manager was Stanton Asset Management, a firm controlled by the husband-and-married woman team of Connor O'Brien and Louise Ann Poirier.[24]
According to research past Mark R. McQueen, the fund increased distribution yield from his funds past returning invested capital to shareholders. While this is not unusual, information technology was reverse to O'Leary's statements.[47]
Another analysis too institute that i-quarter of the distributions from 1 of O'Leary's funds were return of uppercase.[44]
In November 2014, O'Leary Funds Management agreed to pay penalties to the Autorité des marchés financiers for violating certain technical provisions of the Securities Act. At the time of the understanding, O'Leary Funds reported taking steps to right the violations.[48]
On xv Oct 2015, O'Leary Funds was sold to Canoe Financial, a private investment-direction company owned by Canadian businessman W. Brett Wilson. He once was an investor with O'Leary on CBC's
Dragons' Den.
[49]
O'Leary Ventures
[edit]
O'Leary founded O'Leary Ventures, a private early-phase venture capital investment company,[l]
O'Leary Mortgages, O'Leary books, and O'Leary Fine Wines.[51]
[52]
In April 2014, O'Leary Mortgages closed.[53]
O’Leary's funds take a questionable history and are said to have declined over 20% in a year, frequently a big blow to fund managers. O’Leary no longer manages outside coin.[54]
ETF and investing
[edit]
On 14 July 2015, O'Leary launched an ETF through O'Shares Investments, a division of his investment fund, O'Leary Funds Direction LP where O'Leary serves as chairman. A value investor, he has advised on personal finance.[55]
He advocates portfolio diversification and suggests that investors have their age as the percentage of bonds in their portfolios (i.eastward., 30% in bonds and lxx% in stocks for a 30-year-old investor, with an increasing proportion of bonds and decreasing proportion of stocks as the investor ages).[55]
O'Leary has likewise "stated on many occasions that he won’t invest in publicly-traded stock unless information technology pays him a dividend."[56]
O'Leary also ventured into gold investing, with five percent of his financial portfolio invested in physical gilt. Nevertheless, he does non invest in stocks of gilded-mining companies considering he says cash flow is an important investment factor to him.[57]
[58]
[59]
O'Leary also advises diversification in multiple industry sectors and then that no more than 20% of one's financial portfolio is held in 1 sector.[60]
[61]
Cryptocurrencies
[edit]
O'Leary initially expressed skepticism of cryptocurrencies. In May 2019, O'Leary told CNBC bitcoin is "a digital game" and is a "useless currency". He illustrated his thinking with the following example, "Permit'due south say you want to buy a piece of existent estate for $10 million in Switzerland...They want a guarantee that the value comes back to the U.S. currency. Yous accept to somehow hedge the take a chance of bitcoin. That ways it'south not a real currency. That means the receiver is not willing to take the chance of the volatility it has. Information technology's worthless."[62]
In May 2021, O'Leary told
Pomp
podcast host Anthony Pompliano that he had made a 3 to 5% allocation to bitcoin and had go a strategic investor in the Vancouver-based decentralized finance platform Defi Ventures;[63]
the visitor then renamed itself WonderFi Technologies, in reference to O'Leary's nickname, "Mr. Wonderful".
In Baronial 2021, it was announced O'Leary would take an ownership stake in the parent companies of FTX.com and FTX.US as role of his bounty for becoming a "spokesperson and ambassador" for FTX.[64]
FTX afterward went bankrupt due to CEO Sam Bankman-Fried secretly using client funds to make speculative bets that didn't work out. In November 2022, O'Leary, alongside other spokespeople for FTX, was sued in a grade-action lawsuit.[65]
[66]
[67]
There is precedent for prosecuting individuals promoting fraudulent cryptocurrency ventures—regardless of whether they had plausible deniability. For example, in February 2022, the U.Due south. 11th Circuit Courtroom of Appeals ruled in a lawsuit against Bitconnect that the Securities Deed of 1933 extends to targeted solicitation using social media.[68]
O'Leary claimed on CNBC that he was paid $15 1000000 for the spokesman role, adding that he lost $nine.7 million in digital assets, the remainder allotment in various fees and taxes, and a further one thousand thousand dollars' worth of disinterestedness after the visitor'southward insolvency. At an FTX hearing, O'Leary claimed Binance CEO Changpeng Zhao "put FTX out of business".[69]
[lxx]
O'Leary has been an advocate of cryptocurrency investing and personally owns coins in the cryptocurrencies Ether, Polygon, SOL, Bitcoin, and Pawthereum.[71]
Books
[edit]
- Common cold Difficult Truth: On Business, Coin & Life
- Cold Hard Truth on Men, Women, and Money: 50 Common Money Mistakes and How to Fix Them
- Cold Hard Truth on Family unit, Kids and Money
- Common cold Hard Truth on Marriage and Money: Office Two of Common cold Hard Truth on Family unit, Kids and Money
- The Balboa Boys and the Mystery of the Big Gyp
- Digital Pivot or Bust In a Mail service COVID-xix World: Why Small Businesses Must Re-Remember Everything to Survive and Thrive!
In September 2011, O'Leary released his first volume,
Common cold Hard Truth: On Business organisation, Coin & Life, in which he shares his views on relationships, investing, money, and life.[72]
A sequel,
The Common cold Hard Truth on Men, Women, and Money: fifty Common Coin Mistakes and How to Prepare Them, was published in 2012. It focused on financial literacy and financial educational activity as foundations for achieving wealth.[73]
O'Leary released a follow-up in 2013 in which he covers subjects relating to important life choices: didactics, careers, marriage and family, and retirement. He discusses the obstacles of raising a family while working to provide financial security for them and advises on developing financial literacy in family members, saving and investing money, and managing debt and credit.[74]
Media
[edit]
Dragons' Den
and
Shark Tank
[edit]
In 2006, O'Leary appeared every bit one of the five follow-upwards venture capitalists on the and then-new show
Dragons' Den
on CBC, the Canadian installment of the international
Dragons' Den
format. On the show, O'Leary developed a persona every bit a blunt, abrasive investor, who at ane point told a contestant who started crying, "Money doesn't care. Your tears don't add any value."[4]
[75]
This television persona was encouraged past executive producer Stuart Coxe, who occasionally asked O'Leary to be "more evil" during the get-go two seasons.[76]
Dragons' Den
became one of the virtually-watched shows in CBC history, with effectually two million viewers per episode.[4]
Coxe attributed the testify's success in large part to O'Leary's presence.[four]
In 2009, the American version of
Dragons' Den,
Shark Tank, began, and
Shark Tank
executive producer Mark Burnett invited two of the CBC
Dragons' Den
investors, O'Leary and Robert Herjavec, to appear on the prove. Both have remained with
Shark Tank
since the outset. For several years, they appeared on both shows, although Herjavec left
Dragons' Den
in 2012, and O'Leary left in 2014.
Shark Tank
became a ratings striking, averaging 9 million viewers per episode at its peak in the 2014–15 season.[77]
It has also been a critical favourite, winning the Primetime Emmy Accolade for Outstanding Structured Reality Plan 4 times.[78]
O'Leary's appearances on
Dragons' Den
and
Shark Tank
popularized the nickname "Mr. Wonderful" for him; he has said that he is often referred to by that proper name in public.[79]
O'Leary has said that the nickname serves both every bit a natural language-in-cheek reference to his reputation for being mean,[80]
too as a reflection of his view that his blunt assessments are helpful to misguided entrepreneurs. In a 2013 interview, O'Leary implied that he could not think how he got the nickname.[79]
He had already referred to himself as "Mr. Wonderful" in a 2006 casting video for
Dragon's Den, predating either show.[81]
Besides his blunt persona, O'Leary also gained a reputation on both shows for preferring deals in which he loans the entrepreneurs money in exchange for a percentage of futurity acquirement, rather than taking a share of the visitor.[82]
Notable deals in which O'Leary has been involved on
Shark Tank
include investments in Talbott Teas (afterwards bought past Jamba Juice)[83]
and GrooveBook (later bought by Shutterfly), the latter with Mark Cuban.[84]
Recent investments include Hello Prenup with Nirav Tolia of Nextdoor. O'Leary has a holding company, called "Something Wonderful", for managing his
Dragons' Den
and
Shark Tank
investments.[82]
Discovery Channel's
Discovery Projection Earth
[edit]
In 2008, O'Leary worked as a co-host for the Discovery Channel's
Discovery Project World, a show that explores innovative ways to reverse climatic change.[85]
[86]
The Lang and O'Leary Substitution
[edit]
In 2009, O'Leary began appearing with journalist Amanda Lang on CBC News Network's
The Lang and O'Leary Substitution. During a segment of
The Lang & O'Leary Exchange
on the Occupy Wall Street protests in 2011, O'Leary criticized Pulitzer Prize-winning announcer Chris Hedges for sounding "similar a left-fly nutbar." Hedges said afterwards that "it volition be the last fourth dimension" he would appear on the show and compared the CBC to Fox News.[87]
CBC'due south ombudsman found O'Leary's behaviour to be a violation of the public broadcaster's journalistic standards.[88]
In January 2014, on
The Lang and O'Leary Exchange, O'Leary remarked,
It's fantastic, and this is a neat thing because it inspires everybody, gets them motivation to wait up to the i per centum and say, 'I want to become ane of those people, I'm going to fight hard to get up to the acme.' This is fantastic news, and, of course, I applaud it. What can exist wrong with this? I celebrate capitalism. Don't tell me that yous desire to redistribute wealth again, that'due south never gonna happen... Redistribution of wealth doesn’t work, nosotros tried it in the Soviet Union, Due north Korea, would yous like to alive there?
[89]
[90]
[91]
O'Leary subsequently clarified these statements, saying,
No I don’t recall poverty is fantastic. I don’t think income disparity is fantastic. What I recall is how successful commercialism has been over the final hundred years reducing poverty and reducing income disparity. In the terminal 30 years the number of people living on this globe in extreme poverty has been reduced from 42% downwardly to 17%. Amanda, I want you to thank capitalism for that, because that’s how it happened.[92]
Other projects
[edit]
In 2009, O'Leary hosted a Winnipeg One-act Festival gala called
Savings & Groans
in which he performed a
Dragon's Den
style sketch in which Sean Cullen and Ron Sparks tried to get him to invest in their invention - the wheel. The show aired on CBC in 2010.
O'Leary co-produced and hosted the 2012 reality evidence
Redemption Inc., which aired for i flavour on CBC, in which ten ex-convicts competed to take O'Leary fund their business organisation idea.[2]
Having besides been a co-host of
SqueezePlay
on Bell Media's Business organisation News Network (BNN), he returned to the Discovery Channel on 1 September 2014 to join as a contributor for its radio and television stations such every bit CTV.[93]
[94]
On 5 May 2015, O'Leary made an advent on the game show
Celebrity Jeopardy
and received $10,000 for his clemency despite finishing 3rd and in negative points afterward both Double Jeopardy and Concluding Jeopardy rounds.[95]
In September that year, O'Leary appeared as a glory judge in the 95th Miss America pageant.[96]
In 2018 O'Leary hosted the podcast
Ask Mr. Wonderful
for seven episodes.[97]
In 2019, he began regularly posting videos on YouTube, again nether the title "Ask Mr. Wonderful".[98]
In 2021, O'Leary appeared with Katie Phang and Ada Pozo on CNBC's
Money Court, where they adjudicated financial disputes.[99]
He is currently a member of ARHT Media'south Board of Advisors, alongside Paul Anka and Carlos Slim.[100]
Politics
[edit]
In January 2016, O'Leary offered to invest $one one thousand thousand in the economy of Alberta in exchange for the resignation of Premier Rachel Notley[101]
and appeared with four other prospective leadership candidates at a conference for federal Conservatives in belatedly February 2016, where he gave a presentation titled "If I Run, This is How."[102]
[103]
During his spoken communication, he predicted that the Liberal authorities would autumn inside 4 years of economic collapse.[104]
2017 federal Conservative Party leadership race
[edit]
Following Stephen Harper'south resignation every bit leader of the Bourgeois Party of Canada, O'Leary attended Conservative Party gatherings in February and May 2016, leading to public speculation most whether he would run for 2017 leadership election.[105]
In Feb 2016, Maxime Bernier, a Conservative Quebecois politician, criticized O'Leary, calling him a "tourist"[106]
for wanting to be prime minister without being able to speak French.[107]
[108]
Bernier afterwards explained that he wanted all leadership candidates to learn French and praised his fellow leadership contender Lisa Raitt, who was trying to improve her French. O'Leary stated that he was taking French lessons, and he promised to larn French in time for the adjacent federal election.[109]
On 18 January 2017, O'Leary officially entered the Bourgeois leadership race.[6]
That same twenty-four hours, his erstwhile
Dragons' Den
co-star Arlene Dickinson stated that she establish O'Leary to exist likewise "self-interested and opportunistic" to be qualified for the office of prime number government minister.[110]
In response, another former
Dragons' Den
co-star, West. Brett Wilson, endorsed O'Leary, highlighting differences between O'Leary every bit a businessman and his Telly persona.[111]
On 1 February 2017, O'Leary posted a video of himself shooting in a Miami gun range. It was removed from Facebook out of respect for the funeral for three victims of the Quebec Metropolis mosque shooting on that solar day. Information technology was also revealed that he was in New York promoting one of his concern ventures when this occurred. O'Leary later apologized for the timing of this post.[112]
[113]
Throughout his run for the leadership of the Bourgeois Political party of Canada, O'Leary was compared in the press to U.S. President Donald Trump.[114]
[v]
Commentators noted that both were wealthy businessmen who gained greater fame as a result of actualization on reality television,[115]
prior to running for office, on a platform that included lowering taxes and regulations.[116]
[117]
[118]
Some commentators besides institute similarities in what they called both men'southward brash, outspoken style,[119]
[120]
[121]
though various likewise stated that O'Leary's bluntness, dissimilar Trump's, was simply part of a "carefully-cultivated persona".[75]
[122]
O'Leary has praised Trump personally, calling him "smart as a fox",[123]
but tended to dismiss comparisons to him by noting that, in contrast to Trump's anti-illegal immigration rhetoric and specifically his pledge to build a wall on the Mexico–United States border, "I'm of Lebanese-Irish descent, I don't build walls, I am very proud of the society we're building in Canada, I think information technology is the envy of the planet. There's no walls in my world. I wouldn't be if Canada had walls."[124]
Other commentators pointed out the differences between Trump and O'Leary on other issues, including free trade, abortion, marijuana legalization, and the time to come of NATO.[122]
[75]
[125]
O'Leary was a frontrunner in the polls throughout nearly of his run. Nevertheless, he dropped out of the leadership race on 26 Apr 2017, stating that, though he still thought he could win the leadership ballot, a lack of support in Quebec meant that it would exist difficult for him to beat Trudeau in 2019, and it would thus be "selfish" of him to continue. On dropping out, he endorsed Bernier, another frontrunner for the position.[vii]
(Andrew Scheer eventually won the leadership election, narrowly edging out Bernier.)
Political positions
[edit]
Economy and trade
[edit]
O'Leary supports multilateral gratuitous trade agreements such as the North American Free Merchandise Agreement. He described hypothetical trade negotiations between Donald Trump and Justin Trudeau as "Godzilla versus Bambi".[126]
O'Leary believes corporate tax rates in Canada are likewise high, and has promised to eliminate the national carbon taxation.[127]
O'Leary has threatened to punish provinces by withholding transfer payments if they do not eliminate their corresponding carbon taxes.[127]
O'Leary is a critic of deficit spending and supports eliminating the national debt.[128]
O'Leary opposes control of the CRTC over Canada's telecommunications organisation.[129]
Energy
[edit]
O'Leary supports building a pipeline from the Athabasca oil sands to Eastern Canada with the intentions of making Canada "energy independent". He has criticized Canada's reliance on Saudi arabia for oil and gas.[130]
He has stated he would support a national referendum on the issue of pipelines.[131]
[edit]
O'Leary describes his social policies as "very liberal". He supports same-sex spousal relationship and transgender rights.[132]
O'Leary supports the legalization and regulation of marijuana.[129]
O'Leary supported assisted suicide and cited Switzerland as a model for Canada to follow.[133]
Foreign and military policy
[edit]
O'Leary supported ending Canadian airstrikes on ISIS and supports taking a peacekeeping role in the Syrian Civil State of war.[134]
O'Leary described Russia as "neither an ally or a foe" in an interview with the CBC.[135]
O'Leary has criticized Justin Trudeau's procurement plan. He supports purchasing aerial gainsay drones to defend Canadian airspace and supports phasing out utilise of the Lockheed CP-140 Aurora citing cost reasons.[132]
He has criticized the lack of funding of the Canadian Armed Forces and supports spending the NATO recommended 2% of GDP on military expenditures.[132]
[136]
Immigration
[edit]
O'Leary has proposed creating a "fast track" for citizenship for immigrants who graduate from higher or university and observe employment, likewise every bit for their spouses and children.[5]
O'Leary has advocated for increased border security in order to tackle the issue of irregular border crossing.[137]
[138]
[139]
Senate
[edit]
In a 2017 interview with Evan Solomon, O'Leary suggested that Senators should pay money every yr, instead of being paid, thus turning "a price centre to Canada" into "a profit centre."[140]
Leadership debt and lawsuit
[edit]
In November 2018, O'Leary hired lawyer Joseph Groia and sued Elections Canada and Canada'southward federal elections commissioner over campaign finance laws which limited candidates to spending simply $25,000 of their ain money for their leadership campaign. At the fourth dimension of the lawsuit, O'Leary still owed $430,000 to creditors. O'Leary had proposed to Elections Canada that he pay off the debt now with his own money and fundraise the money subsequently, but was rebuffed, since this would be illegal. O'Leary publicly stated that the law promoted mediocrity since rich people would be discouraged from running and hurt the businesses that had pledged money for his failed leadership campaign.[141]
In O'Leary's legal submissions, he argued that the laws preventing the apply of personal money over $25,000 were a restriction of his Section 2 Lease right to free expression and the threat of jail time in those laws violated his Section 7 right to security of the person.[141]
Personal life
[edit]
O'Leary and his married woman, Linda, have been married since 1990.[22]
The couple separated in 2011, merely they resumed their spousal relationship after two years.[142]
Linda now serves as the VP of Marketing for O'Leary Wines.[143]
They have two children.[144]
Trevor is an engineer at Tesla, while Savannah is a multimedia producer and filmmaker in New York City.[145]
[146]
In a 2016 interview, O'Leary stated: "In a successful growing concern, it eats your time alive. Then later in life, you tin can provide for your family things that many others can't take. But because you sacrificed, you're so given the reward of freedom."[147]
The O'Learys alive in Miami Beach, Florida and Toronto, Ontario.[148]
He besides maintains a cottage in Muskoka, Ontario, equally well as homes in Boston and Geneva, Switzerland.[149]
[150]
[151]
In a 2022 CNBC interview, he mentioned that he has obtained a UAE citizenship in order to be able to partner with Emiratis on investments.[152]
O'Leary is a fan of the football team the New England Patriots and claims to watch all of their games, even when he is traveling around the world and games occur during the middle of the night.[79]
He is a wine aficionado and belongs to the Confrérie des Chevaliers du Tastevin, an international association of Burgundy wine enthusiasts.[153]
He is also a lifelong photographer and has exhibited and sold prints of his photographs, donating the gain to charity.[154]
O'Leary is also an avid watch collector and expert, sharing his insights on both Shark Tank and social media.[155]
On 24 August 2019, O'Leary and his wife Linda were involved in a fatal crash on Lake Joseph in Muskoka, Ontario when they were on a boat owned by O'Leary and operated at the time by Linda. The O'Leary's boat collided with another one and a 64-year-old man and 48-year one-time adult female on that vessel were killed.[156]
O'Leary said in a statement that he was cooperating with the police investigation and that the other gunkhole did not accept its lights on and "fled the scene".[157]
The police stated that both boats left the scene to "attend a location", and both parties called 911."[158]
On 24 September, Linda O'Leary was charged with "careless functioning of a vessel" under the minor vessel regulations of the Canada Shipping Human action, a charge that carries maximum 18 months imprisonment and a $10,000 fine. The driver of the other boat, Richard Ruh of Orchard Park, New York, was charged with "failing to showroom navigation lite while underway."[159]
On 11 October, the Public Prosecution Service of Canada ruled out jail time for Linda.[160]
On xiv September 2021, Linda was establish not guilty of careless functioning of the vessel.[161]
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Run across also
[edit]
- Listing of University of Waterloo people
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External links
[edit]
-
Official website
- Kevin O'Leary at IMDb
Source: https://en.wikipedia.org/wiki/Kevin_O%27Leary