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The Street
The Street
Business
Tony Owusu

Shark Tank's Kevin 'Mr. Wonderful' O'Leary Shares a Simple Path to Financial Freedom

Quit spending money on that avocado toast, millennials.

The trope that financial freedom depends on curtailing expenses on luxury foods is back with advice from Canadian businessman Kevin O'Leary.

The advice seemed sound to some commenters who agreed with O'Leary's post.

But most of the other commenters pointed out that Kevin O'Leary's brand has been damaged, perhaps irreparably, by his ties to FTX and the downfall of his former benefactor, Sam Bankman Fried. 

Some pointed out that FTX paid O'Leary $15 million to be a cheerleader for the now disgraced company. 

Kevin O'Leary Defends SBF

The "Shark Tank" host has been giving financial advice from his Twitter account for years. And while pushback on social media comes with the territory, his Twitter responses are now mostly about his backing of FTX and SBF. 

O'Leary was one of the few people to defend Bankman-Fried, following the media tour he did just prior to his arrest. 

His decision making has been called into account in recent weeks as footage of his comments on FTX, which in hindsight seem ridiculous, have resurfaced. 

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