Kevin O’Leary is a multi-talented personality who is from Canada that is a businessman, author, politician, and a television personality, his estimated net worth is $ 400 million. The investor and television personality Kevin O’Leary, also called “Mr. Wonderful,” made his first million through Softkey International or what became known later as Softchoice Corporation.
He is among celebrities who contributed to the promotion of the now-bankrupt crypto exchange FTX, as described later in this article. What is important to note is that before his endorsement of crypto, O’Leary had been a critic himself.
Early Life
Kevin O’Leary was born in Montreal Quebec Canada on the 9th of July in 1954 to father Thomas O’Leary and mother Jennifer O’Leary. Since his mother is Lebanese by origin and his father is of Irish descent, he has this nationality. For this reason, O’ Leary also has the Irish passport and citizenship and origin because of his father.
Since joining his parents’ divorce and his father’s death soon after it, O’Leary’s mother got remarried to economist Gorge Kanawaty. The family had to relocate often because O’Leary’s stepfather worked for the United Nations International Labour Organization, the family lived in Cambodia, Tunisia, and Cyprus. She was extremely shrewd with money and passed on knowledge to him; the first rule that he should never spend more than one-third of his earnings.
Having dreamt of becoming a photographer O’Leary yielded to the suggestions of his step further and went to university. This is where he further enhanced his interest in business and investment while still schooling. He received the university degree of Bachelor of Science at the University of Waterloo in 1977 and MBA from Ivey Business School, University of Western Ontario in 1980.
Kevin O’Leary has been in a marital union with Linda since joining the institution in the year 1990 but during the year 2011, the couple went their separate ways for some two years.
Career
O’Leary attended Babson College, earning his MBA; during that time, he trained with Nabisco and served as an assistant brand manager of the cat food division. He attributed this to the fact that the experience assisted him in the development of attribute that helped him later on.
Upon resigning from Nabisco, O’Leary engaged in a short stint in television production by starting SET Inc, or Special Event Television as an independent television production company with assist from two former MBA classmates. At the end of the civil war O’Leary was bought out by one of his partners in the venture for the sum of $25000.
FTX Endorsement
For a long time, Kevin O’Leary did not trust cryptocurrencies and had rather negative opinion on them. He reverted to this tune in August 2021 when he declared what was supposed to be a long-term investment and spokesperson commitment. He accepted an equity interest in it and crypto as payment. I would also like to delve into some important details regarding the firm; as we all now know FTX crashed in November 2022.