Shark Tank’s Kevin O’Leary Says He’s Near Deal to Buy TikTok

by Thad Macejkovic
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Shark Tank’s Kevin O’Leary Says He’s Near Deal to Buy TikTok

Shark Tank’s Kevin O'Leary Says He's Terminate to Deal to Aquire TikTok

Shark Tank's Kevin O'Leary—a.okay.a. “Mr. Fabulous”—mentioned he's nearing a deal to aquire TikTok from its Chinese-owned parent company ByteDance to lead clear of the U.S. ban on the social media app.

Kevin O'Leary is ready to make a deal to cease the U.S. TikTok ban.

The Shark Tank huge title has teamed up with various entrepreneurs—in conjunction with extinct Los Angeles Dodgers owner Frank McCourt—to lead a recount in procuring the social media platform from its Beijing-basically based entirely parent company ByteDance, which has been required by U.S. officials to promote its sources to an American buyer or face a nationwide ban.

On the different hand, O'Leary believes he needs relief from President-elect Donald Trump to raise out the job.

“Trump might well be who now we must forever work with to cease the deal in the months forward,” he mentioned all thru a Jan. 6 appearance on Fox News' The Story with Martha MacCallum, per The Wrap. “So, I desired to let him know—to boot as others in his cabinet—that we're doing this, and we're going to need their relief.”

As to why O'Leary needs to aquire TikTok?

“This isn't right about purchasing for TikTok's U.S. sources,” he wrote in a Jan. 6 message on X, previously Twitter. “It’s about something worthy bigger: protecting the privateness of 170 million American customers.”

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In the past, O'Leary mentioned TikTok is price “price billions” as one in every of the “most profitable selling platforms in social media currently.”

“What I'm proposing is procuring these sources accurate into a peculiar American company,” he suggested Fox & Traffic in March 2024. “I'll guarantee it turns into safe for the customers, the oldsters, miniature enterprise and expansive enterprise.”

Indeed, there's a form of cash to be made on TikTok. Contend with reading to be taught the map in which worthy cash influencers on the app—to boot as various social media platforms—manufacture.

Roy Rochlin/Getty Photos

In the past, O'Leary mentioned TikTok is price “price billions” as one in every of the “most profitable selling platforms in social media currently.”

“What I'm proposing is procuring these sources accurate into a peculiar American company,” he suggested Fox & Traffic in March 2024. “I'll guarantee it turns into safe for the customers, the oldsters, miniature enterprise and expansive enterprise.”

Indeed, there's a form of cash to be made on TikTok. Contend with reading to be taught the map in which worthy cash influencers on the app—to boot as various social media platforms—manufacture.

Sophie Rain

The OnlyFans mannequin revealed that she revamped $43 million in exactly one 365 days on the grownup subscription platform. In actuality, she even shared screenshots of her earnings from November 2023 to November 2024, which incorporated a $4.7 million paycheck from one subscriber by myself.

JoJo Siwa

The Dance Moms alum revealed that she made “six digits a month, easy” on YouTube videos as a 13-365 days-oldschool. She added in the 2024 documentary Dinky one Huge title that she now posts up to 300 times a day on Snapchat as segment of her influencing career.

Chris Olsen

The TikToker revealed he has a derive price of over seven figures.

“You guys can wait on calling me tense,” he quipped in a July 2024 video. “Being tense has made me a millionaire.”

Jeffree Huge title

The make-up artist revealed he earns $50,000 when he hosts a TikTok live—which he does four or five times a week—thru selling cosmetics and gifting from fans.

“I'll make bacon in the morning and make $50,000,” Jeffree suggested the Cancelled podcast in November 2024. “There's some times the put I don't promote at all, and I'll right make bacon in my kitchen, in my bathrobe, in my miniature slippers, we'll right lollygag around and I'll right chat and I'll enact a Q&A.”

Other times, he's making monetary institution by providing discounts on his possess branded make-up products.

“It's a niche market nonetheless it's huge,” he added. “We're the No. 1 or 2 elegance retailer.”

Markell Washington

Markell—known for his dance videos—suggested Wage Transparency Road in 2023 that he earns between $500,000 and $700,000 a 365 days, largely from impress deals and Snapchat's mid-roll program.

Deepti Vempati and Natalie Lee

After showing on Netflix's courting demonstrate Address Is Blind in 2022, the pair pivoted to social media stardom and mentioned they every made $500,000 in decrease than two years as influencers.

Julia

The ASMR influencer—customarily known as @itsblitzzz on YouTube —admitted in January 2024 that she scores about $56,400 a 365 days on ad income from oldschool videos, with out putting in unusual dispute.

She's revamped $610,000 in 14 years on the platform in ad income by myself, with decrease than 1,000,000 subscribers.

King Caitlin ASMR

The ASMR creator shared that she made $3,948.05 on TikTok in September 2024 (with merely about 400,000 followers) and $910.95 on YouTube in the same month (with merely about 27,000 subscribers).

Makayla Samountry

The Minnesota YouTuber revamped $193,000 on the grownup platform OnlyFans from January 2020 to December 2022, she shared in a Medium article.

Morgan Presley

As defined on The Surely Good Podcast in 2023, the dispute creator has scored $50,000 on a single subsidized video.

Gigi Robinson

The chronic illness imply suggested Wage Transparency Road in 2023 that she earns about $150,000 a 365 days with decrease than 40,000 Instagram followers.

Ben Brainard

The comedian prices between $5,000 and $10,000 for a subsidized video, he suggested Wage Transparency Road.

Kamillah Rae

The YouTuber shared that she made $4,746.94 from monetization on the platform from August 2023 to January 2024 (from a total of 923,700 video views), with under 30,000 subscribers.

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Source credit : eonline.com

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