Apr 19, 2014 fbook icon twitter icon rss icon
Entertainment

'Shark Tank' Star Kevin O’Leary Applauds World Poverty, Praises Income Inequality (Video)

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ABC-TV “Shark Tank” reality TV show star Kevin O’Leary recently claimed “it’s fantastic” that 85 of the world's wealthiest people have the same amount of money as 3.5 billion poor people.

Earlier this week, Oxfam International released a report that stated how the wealthiest one percent have $110 trillion in wealth, which is 65 times more than the wealth of half the world's people.

During a broadcast of the Canadian TV program “The Land and O’Leary Exchange,” O’Leary claimed the dramatic economic inequality would somehow motivate poor people to become rich, noted The Independent (video below).

"It’s fantastic, and this is a great thing because it inspires everybody, gets them motivation to look up to the 1 percent and say, ‘I want to become one of those people, I’m going to fight hard to get up to the top,'" stated O’Leary.

“This is fantastic news, and of course I’m going to applaud it,” added O’Leary said. “What can be wrong with this?”

O’Leary's co-host Amanda Lang asked him if someone in Africa living on one dollar a day would be inspired by a billionaire.

“That’s the motivation everybody needs,” claimed O’Leary.

Ironically, O’Leary used the tragedy of world poverty against 14-year-old Rachel Parent in 2013 during an on-air debate.

Parent was advocating that people have the right to know if their food is genetically modified by companies such as Monsanto.

O'Leary tried to suggest that Parent was somehow standing in the way of "saving people like that" by opposing Monsanto's refusal to label its food as genetically modified.

O'Leary recently bragged to CNBC (video below), “I’m hard-core right wing, slightly right of Attila the Hun, and I believe that money solves a lot of problems in life."

"I'm not trying to make friends. I'm trying to make money," stated O'Leary "I've made a lot of money with a lot of a--holes. But the point was, I made money, and that's what matters."

Sources: CNBC and The Independent