Kevin O’Leary Increases Gold Holdings as Prices Surge

Kevin O'Leary, known as "Mr. Wonderful" from Shark Tank, considers gold one of his best investments, highlighting it as a stabilizer and insurance policy in his portfolio despite it not paying dividends. He emphasizes gold's role as a hedge against inflation and a safe-haven asset that is not tied to any single country or currency, noting its significant price surge of over 50% in the past year. O'Leary continues to buy gold even at all-time highs, attributing his success to long-term investment and portfolio management. Beyond investing, O'Leary has a diverse entrepreneurial background, including founding SoftKey Software Products, which he sold for approximately $3.8 billion, and building a net worth around $400 million through various ventures. His business acumen spans multiple industries, and he remains a prominent figure in finance and entrepreneurship, known for his candid advice and strategic investments. Additionally, O'Leary has advocated for cost-saving innovations in the entertainment industry, such as using AI actors to reduce production expenses.