
Kevin O’Leary, the renowned investor and TV personality, criticized the spending habits of Gen Z, calling them potentially detrimental to their future financial security.
What Happened: O’Leary, also known as “Mr. Wonderful” on the show “Shark Tank,” highlighted the financial implications of small, habitual expenses. He urged Gen Z to be mindful of their spending and not outspend what they earn. On The Diary of a CEO podcast, he criticized the trend of young people earning $70,000 a year spending $28 on lunch.