Kevin O’Leary: Percent Net Worth
on Wednesday, September 15, 2021Kevin O’Leary Money Quote saying put a percentage of net worth into venture ideas as an investment vehicle. Kevin O’Leary said:
“I keep anywhere between 5-10 percent of my net worth in venture ideas” — Kevin O’Leary
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In this quote, Kevin O’Leary is providing insight into how he allocates his personal wealth across different investment classes. When he says he keeps “between 5-10 percent of my net worth in venture ideas”, O’Leary means that of his total assets and worth, he dedicates a portion in the range of 5-10% towards investing in startup companies and new business ventures that carry higher risks but also potentially higher rewards.
The quote suggests O’Leary diversifies his portfolio but is still willing to put a meaningful slice of his fortune towards riskier early-stage ventures in search of outsized returns, while keeping the bulk invested more conservatively elsewhere. It provides a glimpse into O’Leary’s personal investment strategy and risk tolerance.