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Shark Tank Star Kevin O’Leary Pushes Interest In Buying Social Media Juggernaut TikTok
The celebrity investor has his eyes set on an intriguing possible acquisition
Entrepreneur Kevin O’Leary is used to making his business dealings public and out in the open. Recently, he announced what he would like to conjure up what would certainly be his largest transaction to date if it came to fruition — purchasing social media giant TikTok, and setting it up in the US as an American company.
The Canadian O’Leary was a co-founder of Softkey Software Products, which manufactured computer software that focused on family education and entertainment. Purchased by Mattel in 1999, the proceeds from this sale made him a millionaire many times over. Since then, he has transitioned into a new career as an investor, writer and television persona — including his well known turn as an investor on the start-up show Shark Tank. It is estimated that the 69-year-old may be worth in excess of $400 million.
Always looking for the next big thing, O’Leary appears to have set his sights on acquiring TikTok; that is if it is made available. An upcoming vote in the House of Representatives could determine if the currently Chinese-owned platform remains available to users in the United States, given security concerns…
