Business
Kevin OLeary Warns Against Seizing Donald Trumps Assets in New York or America
Last Updated on March 21, 2024 by Robert C. Hoopes
Entrepreneur and television personality Kevin O’Leary, known for his role on Shark Tank, recently spoke out about the possibility of former President Donald Trump’s assets being seized due to a massive $464 million penalty. O’Leary expressed concerns about the potential impact such a decision could have on businesses in New York and America as a whole.
The issue arose when 30 surety companies declined Trump’s request for a bond, leading to the current situation. Trump himself voiced his disapproval of the decision on his Truth Social platform. O’Leary emphasized that a bond of this magnitude has never been seen before and is unprecedented in its scale.
Despite these challenges for some high-profile individuals, there are new opportunities emerging for everyday investors in the real estate market. Platforms like the one backed by Marcus & Millichap are making commercial real estate investment more accessible, allowing individuals to invest with as little as $5,000. This gives individuals the chance to diversify their portfolios and potentially earn passive income through real estate investments.
Additionally, investing in real estate has become even simpler with the introduction of new real estate funds backed by Dara Khosrowshahi. These funds require just $100 to get started, making it easier than ever for individuals to dip their toes into the world of real estate investing.
Overall, while there may be challenges faced by some in the business world, there are also new and exciting opportunities emerging for those looking to grow their wealth through real estate investments.