O'Leary Ventures Chairman Kevin O'Leary told FOX Business' Stuart Varney he believes couples should maintain their own financial identity to prevent hardship in the future.
"Shark Tank" star and investor Kevin O'Leary says he "forbids" couples to merge their finances, warning that lacking your own financial identity could spell disaster should your personal life take a turn for the worse. "You must, in this society, maintain your own financial identity. You have to.
Adding to the conversation, he argued in favor of prenuptial agreements for addressing unequal financial accounts, pointing to his own role as an investor in HelloPrenup and asserting that the platform forces people to ask important financial questions of their potential partner. "If you're building that financial pillar together, it's because you want that harmony to last. I'd argue the prenup helps a lot more. I really do," he said.
The O'Leary Ventures chairman has previously urged couples to keep their financial identities separate, with a post to X on Sunday calling for investment accounts, ETFs, stocks and bonds to be kept in an individual's own name. "You do not have to merge that with your significant other. Ever," he said in the video shared with the post. "There's absolutely no need to do that.
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