Businessman, TV Host: It’s ‘Fantastic’ That 85 People Have More Wealth Than Billions In Poverty (VIDEO)

Start your day with TPM.
Sign up for the Morning Memo newsletter

If you were disheartened by Oxfam’s recent report that the 85 richest people in the world hold more wealth than the 3.5 billion poorest people, it’s probably just because you lack the entrepreneurial spirit of Kevin O’Leary.

O’Leary, the businessman and reality television star, reacted to the report with glee earlier this week on the eponymous Canadian talk show, “Lang and O’Leary Exchange.”

“It’s fantastic and this is a great thing because it inspires everybody, gets them motivation to look up to the one percent and say, ‘I want to become one of those people, I’m going to fight hard to get up to the top,’” he said. “This is fantastic news and of course I applaud it. What can be wrong with this?”

The reaction from O’Leary’s co-host, Amanda Lang, said it all.

“Really?” she said. “So, someone living on a dollar a day in Africa is getting up in the morning and saying, ‘I’m going to be Bill Gates’?”

Latest Livewire
Masthead Masthead
Founder & Editor-in-Chief:
Executive Editor:
Managing Editor:
Associate Editor:
Editor at Large:
General Counsel:
Head of Product:
Director of Technology:
Associate Publisher:
Front End Developer:
Senior Designer: