Shark Tank star Kevin O'Leary predicts North Dakota will lead nation in GDP per capita

Image by O'Leary Ventures
Image by O'Leary Ventures

(Fargo, ND) -- Shark Tank star Kevin O'Leary continues to sing the praises of North Dakota when it comes to economic opportunity. 

"I think what's going to happen in my view is that the rate of growth of GDP per captia in North Dakota is going to top out at number one in America probably in 3 to 4 years. People don't get the joke here. They don't know about the power of energy and this new carbon sequestration strategy," said O'Leary.

O'Leary made the comment after he was asked about what he sees happening in the state over the next ten years. He was appearing on "What's on Your Mind" on AM 1100 The Flag. O'Leary has invested personally in Bitzero's North Dakota operations and his firm is also managing North Dakota's investment fund called the "Wonderfund". 

O'Leary also praised the state's approach to banking.

"I want tor remind everybody listening, this is the only state in the union with its own effective, sovereign wealth bank. Banking is under scrutiny now. Regional banks all over the place are going under, not here," said O'Leary.  

Original Air Date: 
Tuesday, March 21, 2023