Shark Tank investor Kevin O'Leary has drawn a hard line on what it means to be truly wealthy. It has nothing to do with property, cars or business equity. The Canadian entrepreneur says the real threshold is $5 million (approximately £3.95 million) in liquid cash — a sum he calls his 'magic number' and one he keeps parked in US Treasury bills.
'You're not rich until you have $5 million liquid. Not in your house. Not in your car. Cash,' O'Leary wrote in an April 2026 post on X. 'Once you have that, you can take risks again.'