Kevin O'Leary $5,000,000 liquid assets wealth threshold
kevin o'leary says having $5,000,000 in liquid assets is the real threshold for being wealthy. he focused solely on that goal until he hit it, and he checks his combined positions every night. says a lot of people perceived as rich don't actually have that much liquidity, and that $5,000,000 was incredibly difficult to earn.
Transcript (en)
You're not wealthy until you have five million dollars in T-bills liquid. You'd be amazed how many people that you think are wealthy don't have five million dollars of liquidity. You'd be stunned. Do you? A hundred percent. That's all I focused on until I had it. And I've never touched it. Ever. I look at it every night and I kiss it. I say that is my security in case you kiss it like you could kiss your app I have a I have a I have a dashboard very sophisticated software that aggregates my entire positions everywhere Including private companies mark to market in case they raise capital overnight. I know exactly where I stand Every nice you portfolio every night I kiss the five million because the five million because that was very hard to make and
