Donald Trump lauded Kevin O’Leary, a Shark Tank investor, for his decision to pull out of New York following a New York judge’s ruling in the ex-president’s civil fraud case.
Trump, who has consistently maintained his innocence, took to his social media platform, Truth Social, to praise O’Leary after the investor, in turn, expressed his shock at the ruling.
“Kevin O’Leary is so great, and tells it like it is. Businesses will flee NYC & State after the Corrupt Judge’s ruling!”
O’Leary told Fox News that he would not invest in New York due to its high taxes and uncompetitive regulation.
“I’m no different than any investor, I’m shocked at this. I can’t even understand or fathom the decision at all. There’s no rationale for it,” referring to the New York ruling.
“It doesn’t matter what the governor says, New York was already a loser state, like California is a loser state. There are a lot of loser states because of policy, high taxes, uncompetitive regulation,” O’Leary said.
“I would never invest in New York now and I’m not the only person saying that.”
“It’s not just the existing businesses that are fleeing out to Texas and Florida. What about new money like what I’m talking about like a $4 billion data center? Not a chance I would put that in New York. Zero probability. Never. And so they’ve got a lot of work to do to find themselves getting out of this situation.”
Trump’s lawyer, Christopher Kise, has confirmed that the former President will appeal the ruling. Meanwhile, James has hailed the decision as “a massive victory.”
In a previous interview with The Post, O'Leary condemned the judgment as "unjust," "appalling," and "un-American."
Photo via Shutterstock
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