Business mogul and Shark Tank star Kevin O’Leary is once again making headlines, but this time it’s for all the wrong reasons. O’Leary recently made controversial comments during an interview on CNBC’s Squawk Box, and it has sparked a wave of criticism online.
During the interview, O’Leary spoke about the minimum wage stating, “I have a lot of friends who own small businesses, and they’re saying, ‘I’ll have to terminate some employees if I have to pay them more than $15, $16 an hour.'” Many found his statement to be out of touch and insensitive to the struggles of low-income workers. In response, social media users began to use the hashtag #BoycottOleary, calling for a boycott of his businesses and appearance on Shark Tank.
This is not the first time O’Leary has come under fire for his comments. In 2019, he was criticized for suggesting that climate change is a positive thing, stating that it will create investment opportunities. He also received backlash for his comments regarding the gender pay gap, with many accusing him of promoting inequality in the workplace.
Despite the backlash, O’Leary has not addressed the controversy or issued an apology. However, many are calling for him to use his platform and influence to educate himself