Kevin O'Leary Isn't A Billionaire, He Just Plays One On TV
HTML-код
- Опубликовано: 8 июн 2024
- The first 500 people to use this link and code WSM30 will get 30% off their first subscription with Soylent: bit.ly/49RFvgs.
Kevin O'Leary is best known for his role on Shark Tank. But how did O'Leary become rich and famous in the first place?
Our previous Kevin O'Leary video: • Kevin O'Leary's Massiv...
Free and premium investor resources, check out our website: www.differentiatedanalytics.com/
For inquires related to Differentiated Analytics email us at: founder@woodandwoodenterprises.com
Check out our second channel Broken Business Models where we discuss unusual or otherwise suspect businesses that may be unviable: / @brokenbusinessmodels
For business inquires: Mary@creatormanager.co
For other inquiries: Wallstreetmillennial@gmail.com
Check out our new podcast on Spotify: open.spotify.com/show/4UZL13d...
All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please send me an email, wallstreetmillennial.com, and we can sort it out.
#Wallstreetmillennial
------------------------------
Buddha by Kontekst / kontekstmusic
Creative Commons - Attribution-ShareAlike 3.0 Unported - CC BY-SA 3.0
Free Download / Stream: bit.ly/2Pe7mBN
Music promoted by Audio Library • Buddha - Kontekst (No ...
------------------------------
0:00 - 1:49 Intro
1:50 - 6:23 Softkey
6:24 - 10:42 The Learning Company
10:43 - 13:59 Ventures in Canada
14:00 - 16:35 Ventures in the USA
16:36 - 18:03 Canadian politics
18:04 Crypto - Кино
The first 500 people to use this link and code WSM30 will get 30% off their first subscription with Soylent: bit.ly/49RFvgs.
they made soylent a real thing?
But is his net eorth really 400 millions USD?
Kevin is a complete scammer, he fudged numbers w his education company, and even after Mattel bought it out, they said it was the worst purchase they ever made. Declined by 80%, and Kevin got to walk away from destruction. Not to mention his Oleary fund which is ridiculous, and fudged numbers. Or his "wifes boating accident" that killed a lady, he said in a video years before, he would never let his wife drive his boat, but somehow the night of the accident, his wife was driving the boat, with open wine bottles in the boat...HMMMMM, I guess she took the fall since an Oleary DUI and a death would desroy him..Or we can talk about SBF and FTX that Kevin was paid MILLIONS to shill to people, costing every investor their life savings as Kevin walked away dead even.
Soylent green is PEOPLE!
Is it just me, or are the bottle caps made out of such low quality plastic that the cap at 0:50 cracked from being opened?
nobody with f*** you money is on cameo lmao.
I see your point, but think that narcissism is a possibility for a minority of the providers. Additionally some people like to make easy money just because they can
I mean. Why not?
Exactly...
@@KomeFits Because if you are a billionaire then you can spend that same time using your name and influence to make far more money with those hours. It makes more sense to be using your time to prepare for and be attending meetings about the next or current deal. If you think your time is better spent on cameo it says a lot about how much $ your time is worth.
@@chunkyMunky329 He wants to be well liked by the younger generations and one of the best ways to do that is to do stupid stuff in the internet.
"What do you think of Kevin O'Leary." It's quite simple really. I don't think of Kevin O'Leary.
but aren't we thinking of him right now? :)
Same. I wouldnt even know his name if not for this video.
You should because his FTX fraud should never be forgotten. He should be remembered of that everytime somebody lebel him as successful buessnesman.
@@nikolahekler2713 Why should I care about his FTX fraud? I don't have any money in FTX. I don't have any money in crypto at all, so I don't care.
Patrick Boyle uses Kevin O'Leary as a standing joke of an investor in his videos, always hilarious.
It's so good haha
Patrick Boyle brought me here! Never heard of this Canadian prick before. Lovely smash and grab on Mattell though.
Calling him an actor with no irony is one of the greatest trolls ever.
makes sense if he's slinging a fund that focuses on a dividend yield trap
O’Leary watch collection is probably worth more than many of these RUclips experts combined.
I always hated O'Leary. Now he's an FTX scammer as well.
but now he's testifying in congress why FTX was a shit business. LOL
His complete 180 turn on crypto really showed what kind of a scumbag he was to me. You don't go from calling crypto a scam to endorsing it as legitimate unless you sell out in a major way like him.
@@shadowninja6689what do you think of crypto?
He didn't get paid he took equity which is now worth nothing. Suck some balls.
@@shadowninja6689 think you're overstating it. He seems to have a somewhat nuanced to skeptical view of crypto and according to him he lost about $15 million or more to crypto, so it's not as if he himself was not taken.
Kevin O'Leary is the most flameboyant and well-paid jester ever
Elon Musk who has made billions on making promises never delivered.
FakeIt tillUmakeIt
@@fatboy7609 He did deliver...mass market EV company....so....
Elon Musk, “Hold my doobie.”
He's not a jester, he's a joker
The irony of selling a drink with a green label called Soylent is not lost on me.
Clearly they have not seen the film
Soylent green is people!
Wouldn't it be bonkers if this Soylent is actually PEOPLE!.
When I discovered my whey allergy, I looked into soylent as a protein shake. Artificial sweeteners, seed oils, and soy protein - all things that messed me up in the first place.
@@robertbeisert3315
> Be allergic to soy
> Get mad because a protein shake called SOYLENT has soy protein
You wot m8?
Maybe you should also take an IQ test. You might end up discovering something else.
you missed the part that his boat crashed into another boat when it was speeding and killed a person at another boat. His wife said it was her driving the boat. Some people saying they don't know about that.
That has nothing to do with his financial frauds lmao
They were both drunk too
But has a lot to do with his persona and public image.
@@Chris-vz2kvit 1000% does. He tried to run for Canadian prime minister but when this story leaked in court the nail in the coffin had already been made. It adds context to his character. Accountability exists.
@@Chris-vz2kvyeah it does… ever hear of businessmen playing golf together? Do you REALLY think that it’s about a simple game of golf hahahaha… no. It’s about how you play, if you cheat, how you handle a loss. There are many more reasons few are bosses and most don’t understand success in ways. Most think it’s just rich people shit… it’s a game. And to to understand who you’re playing with you must see how the games are played through social engineering… I don’t know how old you are but you might be a bit young for this channel?
Kevin was never a billionaire, but shark tank actually has one. Mark Cuban was the only one of the regulars that was a billionaire.
Why in the hell would anybody name their company "Soylent"......did they not see the movie "Soylent Green"
SOY
"IT'S PEOPLE"
I thought they went broke a couple of years ago. In one of the early scenes of Soylent Green was a young guy shooting it out with Charlton Heston. That young guy was Stephen Young. He was my neighbour here in Vancouver; he lived across the hall from me. He even took my GF and me out for dinner. Super nice man.
They did. It was a direct reference to that. It was a meal replacement designed by nerds who didn’t want to have to choose what to eat every day and thought calling it Soylent would be hilarious, and I think they’re right! The product is sound, it’s just a pity it’s so disgusting- or at least, the original formula was. Not sure about the modern versions.
That's right! It's people! 😆😆😆😆
This soylent replacement meal promos are getting everywhere. It seems like a business model that soon will be featured on this channel (not in a good way) in a not so distant future.
I've been using soylent for half of my meals for 8 years, mostly the powder. It is a proven product in the productivity space and they've made some progress breaking into the mainstream. It is shelf stable and nutritionally complete food that can be prepared simply by adding clean water, chugged and dishes cleaned within 5 minutes. As more places become "food deserts", it would appear that traditional forms of grocery are the broken business model.
@@FullLengthInterstates And because of the state of the RUclips comment section I'm unfortunately not going to be able to trust a word you say. There's at least a 50% chance that you're nothing but a bot used to shill products given just how bad the bot problem has gotten.
@@FullLengthInterstatesSoylent green is people!
lol soyboys
@@shadowninja6689bro has a couple more comments on this channel promoting soylent lmao
Marc Cuban always called him a fraud in the show.
Thats like the pot calling the kettle black
@@MrSterlingsilver79 nah cuban is much more honest
chabinsky is too tho
he had the exact same strategy selling bunk to Yahoo
@@Joe-sg9llCuban’s numbers were honest. Yahoo made a dumb decision. O’Leary numbers were cooked and Mattel made a dumb decision. Only one of these folks acted unethically.
O’Leary and Cuban have a lot in common. They cobbled together a company from other people’s content (software and basketball games) and conned a big corporation to buy it for a fortune.
Other than both selling in the Dot Com bubble, they're nothing alike.
Ughh--are all u ann frank fake libertarians totally daft?? These two are nothing alike. Cuban is way more legit!!
At least Cuban has admitted he got luck to become a TRUE billionaire. lol. Honestly, I am not a huge fan of him neither.
Mark Cuban is the definition of luck beats skill.
O'Leary is the definition of shovelware
at least cuban is accurate at predicting the bubble
I always thought the guy was a hustler. He played the game well at times, but I think he lost the long game.
Had the brains for marketing, but the greed of a next quarter profits CEO. It always ends in failure. All he had to do was balance sales/cost with quality and he could've made a software juggernaut even into modern day.
"All cat food is basically the same." Ask anyone with a cat if their cat agrees with that statement. 😂
Calling your nutritional drink Soylent is very unfortunate 😂😂
It’s been around for sooo long and the dude who made it is basically nuts. He used to make it in his garage and basically became OBSESSED with it. I’m absolutely SHOCKED a wet diaper sounding drink has come this far! “Hey bud, what’re you sippin on!?” “Ohhh you know! Soiledit” yeah you heard it right kids! The anti calorie intake diet from auditory cues is the new thing! Gross out your buds today with this muted brown…fluid, mmmhhmm it’s real.
@@Tattootin 😭😭😭 have you not heard of Soylent Green?
Great way to add more estrogen into your system.
As long as it isn't green.
@@gauloiseguy 🤣🤣🤣 we know what the green 1 is made of.
If you look up “grifter” in the dictionary you will see a picture of Kevin O’Leary.
I instantly aged 10 years when you had to describe that software used to come on physical discs.
soylent created a soylent opener wrench 🔧 because their customers are too weak to open the lid 😂
Thanks for the LOL!
Soylent... seriously?
They're not wrong, just inhuman 😅
Better than that $30 cereal or that $80 hot cocoa others are shilling.
Soy boy
@@NeighborhoodOfBlue
The reference is from a 1973 movie Soylent Green, where the main food source was made out of people, the stuff was called "Soylent Green".
$30 cereal!?@@NeighborhoodOfBlue
I just realized that for your sponsored spot you opened a bottle of Soylent Green. I have to be honest that doesn't sound appetizing.
You lost a lot of your hard-earned credibility promoting Soylent, an ultra-processed "food" making dubious health claims.
Right? I'm surprised that soylent is still around to this day
Not to mention using the justification of "eating takes time and time is money" as a reason to buy this garbage. Gotta grind 24/7 I don't have time to eat actual food! Toxic
And it tastes like cake batter
Lookup Soylent Green, which is where the name Soylent originates from.
It’s people
I never liked O'Leary from the moment I 1st saw him on tv back when Dragon's Den was starting out. I don't know how to explain it, but I must have been able to "smell" his BS through the tv screen even back then. He just always rubbed me the wrong way especially with how he almost always structured deals with perpetual royalties. I tolerated him being onscreen in Dragon's Den & Shark Tank, but was always rooting for the other investors to get the deals instead of him. While I don't wish any serious harm on him (I'm just not that type of person), I hope he's made to pay for all the people he had wronged over the course of his career.
Even his Dragon's Den involvement was sleazy.
He developed a reputation on Dragon's Den for bidding aggressively to win deals on the show, then going silent and completely ignoring the entrepreneurs he 'invested in', for a year or more (wouldn't even return their calls)
Then, when it became clear which entrepreneurs had actually survived and started building their businesses without him, he would call them up" 'Ok, it's time to meet up and move forward'.
Exactly true to form.
I know it's a weird sense I get with most hustlers
@@wilfredpeake9987It is a good sense to have, especially these days. Since there are no end of Rugpull Chasers/Influencers begging their followers to dump their money on a worthless NFT or crypto.
I love how people think it's an insult to imply that a maybe billionaire only has hundreds of millions.
To the fake billionaire, it is an insult to be called out on calling yourself something you're not.
@@inothome I can't imagine they lose sleep at night over it
@@evilspawn311 Ask Musk how worried he is, why do you think he wants more Tesla stock? His fear of NOT being the richest man is driving him to ask for double his shares to help cement his Worlds Richest Person position. Greed is a powerful driver of people and the difference of being an actual billionaire and just a multi-millionaire is a big deal to these people. It's bragging rights.
Yep. It's likely people who cannot cobble together a million or even a hundred thousand
Russ Hanneman
The Learning Co. channel stuffed their product onto retailers to bloat sales when Mattel was buying them. Mattel later realized this and sued but I can't remember the outcome.
You must not have watched the video then because it tells you the outcome lmao
Your sponsor is green Soylent? Are you pulling our leg??? Lolol
Anyone who needs to be on a show to make a few million is not a billionaire.
Omg Leary wiped out a decade of Matel's growth lolol
He’s more of a shrewd fraud than an investor
Gonna be frank: I don't see "shrewd." I see "covered for."
Not sure who's covering, but man has the charisma and vision of SBF
Canada's Mr Wonderful should return to his rightful place in cat food.
That can be read in two ways, and I think I kinda prefer the second.....
😂
We don’t want him. Like Ted Cruz you can’t return him.
Sorry I can't get jiggy with that sponsorship 😂
I'm really surprised at the number of people making comments about the sponsorship. lol
It hurts me that you had to explain how once upon a time, you couldn't just download Software & needed to put it on CD's...Mostly because it reminds me how old I am.
Cuck
"Kevin O'learey is a shill"
"Please buy this meal substitute it works I promise"
Soylent Green
Tbh, I don’t particularly recall him ever claiming to be a billionaire.
He heavily implies it when he boasts about how he sold the learning company for 3 billion dollars. It's something he has said numerous times on Shark Tank. So while not directly saying "I'M a billionaire" the implication is that he became a billionaire through the sale of the company. If no one ever questions it then it becomes reality.
@@gavinshickle1814only an idiot would believe that
@gavinshickle1814 haha oh wow
@@gavinshickle1814nah bro the title of this video was just made for likes and clickbait your point is a reach even with him stating he sold the learning company we know he has business partners and taxes on top of the initial investment on the learning company
@@gavinshickle1814that’s implying he created a multi billion dollar company, not that he’s a billionaire. It’s not implying he’s a billionaire. Many like Grant Cardone are nowhere near being billionaires but claim that they are multi billionaires. Kevin does nlt
Face reveal goes crazy
He chugs soy drink with no enthusiasm
Oh if I had dollar for every time a "successful entrepreneur" pretended to be something they're not, I'd be an actual billionaire.
1/8th of world's population would be needed
@@anushagr14 Not really, I said "every time", and they definitely lie more than once. 😉
He has said many times on TV that he's a millionaire.........
Ah, the famous actor Kevin O’Leary.
I find his lack of PANTS disturbing.
Is it just me or is that bottle of Soylent, green?
Yes it is! Couldn't have picked a more "people friendly" colour. It's like nobody knows about the 1973 movie.
@@JB-yb4wn let's just hope it's not "actually" people 😞
@@JB-yb4wn It seems even fewer know about the original novel (Make Room! Make Room!) which didn't feature any cannibalism.
@@seneca983
I don't remember the water shortages of 1999, nor the food shortages, trouble when you write books back in 1966 showing what life will be like in 1999.
Soylent green is people
2:58 back in the 1980's we were still buying our software on 5 1/4" floppy discs. Then along came the 3 1/2" disc. I don't recall when the first software arrived on CD's but it would have been in the mid 1990's IIRC. I recall that Windows XP arrived on CD's. That was around 2001 ish ?. We first started to see O'leary on Business News Network (BNN) in the late 1990's. He was pretty obnoxious back then; as if we could expect him to change. This was a really well done video. Thank you.
Obviously the narrator is a millennial or Zoomer.
I still have a copy of Windows 3.1 on a stack of 3.5 floppies. And I remember retrofitting my tower with a CD reader in 95 or 96.
I remember Windows 95, a bit earlier OS/2 and of course Corel Draw on CD.
So more like early/mid 1990s.
NEC's PC Engine (TurboGrafx-16 in the US) had a CD-ROM add-on released in 1988 (1989 in the US). PC CD-ROM drives definitely were a thing in the 80's, but were quite expensive so most software was still being delivered via floppy until around 1993. One of the first notable PC games to be sold via CD-ROM only was The 7th Guest, which was released in April of 1993. It was really 1993-1994 that the format took off, but even then software continued to be available on both floppy and CD. Windows 95, for instance, was widely distributed on CD but was also available on floppy (13 diskettes!).
The whole top suit is mostly just to look relatable
That soylent ad is wild. Why would your pitch be to give up eating actual food to save time?
Meal replacements have been a thing for a long time. They are perfect for people like Engineers and Creatives who are "in the flow" but need to eat. Taking even a short lunch could kill at least 2 hours trying to get back to that place again.. or maybe you can't even get back there again.
There are tons of use cases, but there's one at least.
Just prep in the morning for the day. It's easy.
@@yayinternets
Watch the movie Soylent Green.
"Why would your pitch be to give up eating actual food to save time?"
Why not? People are lazy sometimes and it can also ensure that you get all the necessary nutrients. Also, I don't think most people using products like these persist only on it. They probably eat regular food too.
@@JB-yb4wn Why that? Why not the novel that it's loosely based on and which doesn't feature cannibalism.
He defrauded Mattel and essentially got away with it. He should have gone to jail.
This just reminded me that we're getting closer to the date where SBF gets sentenced!!! 🥳
I gotta say, reader rabbit games were dope, I remember playing them in the early 90's and especially loving mad libs style mini games
Why are the comments so good?
He’s always struck me as unintelligent, particularly after I heard about his nonsensical love of dividends.
Warren buffet laughing at you.
@@EditnamehereWB has addressed what the media deems his “love” of dividends many times. TLDR: he doesn’t love dividends. They’re just another tool.
@@benchoflemons398tell me you bought Nvidia at $770 without telling me you bought Nvidia at $770
@@benchoflemons398 lmfao what on earth are you even saying. Got embarrassed and now making up random things.
@@EditnamehereWarren Buffet's company, Berkshire Hathaway, doesn't pay a dividend.
Who am I to judge. He's still richer than I will ever be.
You have every right to judge
He always came off as cocky and arrogant which led me to believe something isn’t quite right. No one that has built something and grind acts like that
SERIOUSLY, SOYLENT?
It's good for the climate, very green.
@@Studeb
People friendly. 🤣
Soyjack
Kevin O'Leary's a crook and I'm glad to see more places realizing it.
And, water is wet. What else you got?
Great work on this wsm
He will say he’s your personal friend and endorse your product for $1,200. He’s definitely not a billionaire but that’s a pretty good deal.
He is totally FOS and always has been. Him showing you he is not wearing a full suit is Freudian and a metaphor that he is not what he purports to be. That one is pretty obvious.
I still remember having a box full of DVDs with cartoons/animated movies.
I don't wanna burst the bubble, but this is hardly news. O'Leary was asking for you years ago to pay for tickets to come see him in get rich seminars.
Its amazing how hes been able to sell all his burning ships and leave with a profit.
Cough cough…. MindMed.
Feeling old when we have to explain that there was a time when you couldn't just download software, but had to buy CDs. And let's not forget about floppy disks.
Remember when you actually got some decent games for free in cereal boxes? I played the shit out of the Game Of Life I got in a box of Alphabet cereal as a kid.
I only ever knew about Kevin O'Leary as some small time Canadian millionarie on Dragon's Den. I heard a little something about his run to be Prime Minister, but didn't pay attention. So I was really surprised when all of a sudden he's some big name celeb in relation to Crypto... Didn't realize he managed to rehabilitate his image somehow in the US. Thanks for the info in this video
I can't believe O'leary happen to partner with someone with the lastname "O'brien"
It’s like the two gay Irish men Patrick Fitzgerald and Gerald Fitzpatrick
@@TL-pb6sz hahaha
No way, I can't believe soylent is still in business. The last time I heard of them was when I was in high-school. They wanted to replace meals in the future.
"I know, I'll make a video accusing someone of not being a billionaire, and list all the reasons it's practically impossible for them not to be a billionaire."
I'd love to hear your thoughts on his involvement in the Employee Retention Credit .
And what if any impact that had on the cancelation of it .
Keep up the good work .
Soylent? Seriously?
He still has a net worth of 400 mil, which makes him kind of a hustler. He knows how to screw over people with bad deals but good profits for himself, and still remain a good image. Now that is skill.
He definitely doesn’t have a net worth of $400 mil lol he does cameos for $1200 and tells people your his personal friend while endorsing your product. I would be surprised if he had $40 mil. Probably closer to $4 million
Like former President Trump...a grifter.
According to who he has that net worth? Him? Or some website?
I cannot believe a nutritional company would name their product ‘Soylent’ 😶 I guess they don’t expect anyone to watch the movie ‘Soylent Green’ . . . it’s got a doozy of a twist!
Thank you for this interesting film.
I've never really had an opinion on him. The Mr Wonderful website is very, um, unusual to put it one way? Just another guy on TV. Still some interesting stuff. Software magnate, dishonesty toward investors, poor foresight. Just another wealthy personality at this point.
Thanks for the video! But that sponsor -- is this a real thing or are they tolling us? It's called Soylent and in the ad it is even green? So, is it made out of old people? :D
“…one of the biggest frauds in -recent- history.”
Fixed that for ya.
This makes me feel old. I had so many learning company games
He explained it in the clip you posted... he said the net was 15 million, which was after the agents, etc that he had to pay. So he was paid 18 million with 3 million in expenses
A Soylent ad.... for real..... LMFAO nahhhhhh man I am OUT. Anybody who even dares shill for that shit even as a joke gets cut, let alone actually drinks one. Credibility? *POOF* Out the window.
Kevin O'Leary isn't the only person on Shark Tank who isn't a successful entrepreneur. Ever hear of Anne Wojcicki?
I would watch you debunk all shark tank celebrities
Bro... fucking soylent.. dont sell your soul for a few bucks king..
He’s a clown, and he certainly looks the part. As a marketer, he’s adept at promoting himself. Despite lacking expertise in economics or finance, he frequently appears on CNN finance segments. His Beanstock app, unfortunately, seems more like a cash grab than a reliable investment tool. It’s no wonder that trust in him is lacking, and the app isn’t performing well. Some might even call him a snake oil salesman. Perhaps a lawsuit or jail time awaits him, turning him into someone’s ‘Mr. Wonderful’ behind bars. Or his prison husband will start calling him "Mrs Wonderful".
Wow I live in a time where ppl eat “Soylent” because cooking real food isn’t “optimal” 😂😂
I lived on 100% Soylent for 2 months, great product
the ad made me hiss, im allergic to soy lol
The concept of Kevin O'Leary leading one of the major political parties still sends shivers up my spine. Obviously that was a long-shot attempt, but still.
Technically, every billionaire plays a billionaire. It’s just pieces of paper
feeling old when we have to explain that one time you couldn’t just download software but had to you buy CDs.. don’t forget about floppy’s.
He sounds like a guy who doesn't think ahead very much.
Anyone see the Soylent bottle cap crack while opening 😂
O'Leary may not be a billionaire, but he is a massive DB.
Kevin never said he was a billioniare did he? Hes only worth 300m, and judging by these decisions hes made, i wonder if he will be more
The tide has gone out and he's not wearing any clothes
Charles Ponzy wore nice suites too 😂
Love your content. Also, ex-CEO of Mattel was Jill Barad.
That first photo of him at graduation had me in disbelief
Reader rabbit golly havnt thought of that game for 20 years.
Kevin's whole life can be defined by the phrase "failing your way to success".
He was the guy in the interview where that lady says "i just have to pull up my socks, wait i have no shoes" or something like that. It was in response to O'Leary saying anyone could become a billionaire.
SOLYLENT GREEN IS PEOPLE 😂
I aways thought O'Leary was a scammer.
I always thought it's very strange he's always showing up on fake RUclips guru ads! Crypto, Amazon FBA, Real estate scams you name it!