So much for an ETF-entrepreneur riding the reality-star-turned-politician wave.
| Kevin O'Leary|
, the reality TV star who launched his own ETF shop in the U.S. two years ago, officially dropped out
of the race to become the leader of Canada's opposition Conservative. (The next leader of the Conservative party will challenge sitting Canadian Prime Minister Justin Trudeau, a Liberal.) O'Leary withdrew his candidacy on April 26, just three months after he first threw
his hat into the ring.
O'Leary chairs New York City-based ETF shop O'Shares Investments
and is known as "Mr. Wonderful" on Shark Tank
When O'Leary withdrew from the Conservative party leadership race, he was still "by most lights the front-runner," Slate writes
. Yet O'Leary is publicly throwing his support behind another candidate, Maxime Bernier (previously third in the race, Slate
says). The online paper also ponders various possible reasons why O'Leary chose to drop out, "a strange end to a strange campaign."
Neil Anderson, Managing Editor
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