Kevin O’Leary, a Canadian businessman and star of the entrepreneur-focused reality show Shark Tank, is in hot water.
On a recent episode of the Canadian business show The Lang and O’Leary Exchange, O’Leary applauded the recently released statistic that the combined wealth of the world’s 85 richest people is equal to the wealth of the 3.5 billion poorest. “Of course I applaud it,” O’Leary said. “What could be wrong with this?”
He goes on to explain that the conditions the 3.5 billion poorest individuals find themselves in are simply a great motivator for those folks to pull themselves up by their bootstraps and make something of their lives. Nevermind the fact that these are people living on less than $2.50 per day often without access to basic necessities like water, food, and education.