Kevin O'Leary Says The Assassination Attempt On Trump Is Un-American, Comments On Musk And Ackman Supporting Trump

Kevin O’Leary, the well-known entrepreneur and Chairman of O’Leary Ventures, recently talked to Fox Business about the shocking assassination attempt on former President Donald Trump. He also shared his thoughts on how business leaders like Elon Musk and Bill Ackman reacted.

Don't Miss:

• Amid the ongoing EV revolution, previously overlooked low-income communities now harbor a huge investment opportunity at just $500.
• Will the surge continue or decline on real estate prices? People are finding out about risk-free real estate investing that lets you cash out whenever you want.

O’Leary says he was on a boat when he heard the news. “I was about a mile offshore, and my phone was exploding with notifications,” he said. “It was horrific, and I think it’s changed the election cycle forever.” 

The business world reacted quickly. Elon Musk and Bill Ackman were among the first to endorse Trump for the 2024 election right after the news came out. Other big names like Jamie Dimon, Mark Cuban, Mark Zuckerberg, and Jeff Bezos also shared their thoughts, though not all gave endorsements.

“There’s two sets of endorsements. One is talking about how assassination attempts are just un-American in every way, and that’s what many CEOs and business leaders did,” said O’Leary before sharing that some are also endorsing Trump, expecting his return to create a more favorable environment for businesses.

O’Leary sees potential benefits for his own business if Trump wins. “In our business, we’re making huge bets on energy,” he said. “If Trump gets in and particularly if Doug Burgum is the nod for VP, that will change the game in America for the energy sector – one of the 11 sectors that have been pushed back in terms of its potential.” He mentioned that if Biden and Harris stay on the Democratic ticket, he plans to triple his investments in energy by August 7.

Trending: Rory McIlroy’s mansion in Florida is worth $22 million today, doubling from 2017 — here’s how to get started investing in real estate with just $100

He also pointed out how the markets reacted to the news of the assassination attempt. Bitcoin and other markets soared, which he thinks is due to the belief that Trump’s potential reelection would lead to better business policies. “Trump is a deregulator,” O’Leary said. “I don’t care what sector you look at he abhors paperwork. He keeps saying I want innovation, not regulation. So you’re going to get this environment no matter what sector you’re a specialist in, and you’re going to say, wait a second; it’s a game changer, and that’s why you’re seeing this around crypto and digital payment systems.”

“You don’t make money with politics; you make money with policy,” says O’Leary before emphasizing that while the political landscape is important, the specific policies will ultimately drive economic outcomes.

O’Leary’s Previous Comments on Trump

Shark Tank’s Kevin O’Leary has been very vocal about his views on the trial against Donald Trump. During the trial, when Trump’s assets were at risk, he said that seizing Trump’s assets “like he was in Venezuela or Cuba” would not be good for business in New York or the United States.

Trump later secured a bond, to which O’Leary said, “Thank goodness the adults came to the rescue.” However, Trump was found guilty, and in a post on The Daily Mail earlier this month, O’Leary said, “The American brand has been dragged through the mud, sunk to the level of a banana republic where rulers take their political enemies out to the jungle to disappear.”

“This great nation now stands diminished in the eyes of international investors,” O’Leary continued. “And the economic consequences for ordinary Americans could be dire.”

Read Next:

• Collecting passive income from real estate just got a lot simpler. A new real estate fund backed by Jeff Bezos gives you instant access to a diversified portfolio of rental properties, and you only need $100 to get started.
• General Motors and other leaders revealed to be investing in this revolutionary lithium start-up — allowing easy entry by launching at just $9.50 per share.