Kevin O’Leary reveals the magic number you need to actually be rich—it’s not what most ‘rich’ people think

Shark Tank investor Kevin O’Leary doubled down on his belief that true wealth requires at least $5 million in liquid assets. “You’d be amazed, how many wealthy people that say they’re rich do not have liquidity,” O’Leary said on Fox Business. O’Leary said he practices what he preaches, keeping at least $5 million of his own wealth in Treasury bills—short-term U.S. government securities that can be quickly converted to cash. The Canadian businessman argues that true financial s...