Kevin O'Leary net worth: how much did Mr. Wonderfu

Kevin O'Leary net worth: how much did Mr. Wonderful lose from FTX?

Bitcoin-bashing Shark Tank star Kevin O’Leary changed his stance on crypto when FTX offered him a handsome paycheck to promote the now-defunct exchange — only to have nothing left from the deal when it ultimately collapsed.

Kevin O'Leary, a serial entrepreneur and a star on CNBC's Shark Tank program, is known for his blunt honesty and business wit, which allowed him to amass a net worth of $400 million. However, O'Leary's fortune tanked after the FTX collapse, when Sam Bankman-Fried's crypto empire imploded, revealing the shocking scale of fraud and absolute lack of capital controls as the exchange's customers collectively lost more than $8 billion.The fallout of FTX brought to the spotlight a slew of celebrity endorsers who appeared in the exchange's commercials and promoted it through their social media channels. Now they are being sued in a class-action lawsuit alleging that they violated securities and consumer-protection laws by failing to disclose their financial arrangement with FTX, in addition to not conducting thorough due diligence before signing the deal.

Some of the big names caught in FTX drama include NFL star Tom Brady, supermodel Gisele Bündchen, basketball player Stephen Curry, comedian Larry David, and tennis champion Naomi Osaka.

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2023-08-13 12:08ОтветитьЛайк

Kevin O'Leary net worth: how much did Mr. Wonderfu

Kevin O'Leary net worth: how much did Mr. Wonderful lose from FTX?

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