O’Leary: LA Riots Hurt Small Businesses | Shark Tank News
- Los Angeles is a "war zone" that poses "horrific" consequences for small businesses, according to Kevin O'Leary, chairman of O'Leary Ventures.
- Speaking on "varney & Co.," O'Leary said the images of smashed windows and burnt cars create a perception of poor state management.He emphasized that the damage to small...
- Kevin O'Leary called Los Angeles a "war zone," citing the negative impact of anti-ICE riots on small businesses.
Kevin O’Leary, of Shark Tank fame, is calling Los Angeles a “war zone” due to the devastating impact of anti-ICE riots on small businesses. He emphasizes the severe financial repercussions, including diminished foot traffic and prolonged recovery periods for establishments like restaurants and shops, as a direct result of the unrest. This news story, published by News Directory 3, also details President Trump’s deployment of the National guard and the ensuing clash with California Governor Gavin Newsom, who has criticized the federal response. Discover the full extent of the damage and what the future holds for Los Angeles’s business community.
O’Leary: Los Angeles a ‘War Zone’ for Small business Amid Anti-ICE riots
Updated june 11, 2025
Los Angeles is a “war zone” that poses “horrific” consequences for small businesses, according to Kevin O’Leary, chairman of O’Leary Ventures. O’Leary, also known as “Mr.Wonderful” on ABC’s “Shark Tank,” weighed in on the anti-ICE riots impacting the city.
Speaking on “varney & Co.,” O’Leary said the images of smashed windows and burnt cars create a perception of poor state management.He emphasized that the damage to small businesses is more financial than physical, as shoppers avoid the area for fear of getting caught in the unrest.This disruption can be long-lasting for businesses like dry cleaners, restaurants, and auto repair shops, impacting thier ability to recover.
Kevin O’Leary called Los Angeles a “war zone,” citing the negative impact of anti-ICE riots on small businesses. (Ting Shen/bloomberg / Getty Images)
In response to the anti-ICE riots, which began last Friday, President Trump activated 4,000 National Guard troops and sent 700 U.S. Marines to Los Angeles. This decision drew criticism from California Gov. Gavin Newsom and Los Angeles Mayor Karen Bass, with Newsom arguing it threatens state sovereignty.
newsom stated that the Trump administration’s involvement has only exacerbated the situation. He also said that anti-ICE protesters who engage in violence will be prosecuted to the fullest extent of the law. The governor has accused Trump of a “brazen abuse of power” by deploying troops to respond to the demonstrations.
Looters break into a gas station’s marketplace during a protest following federal immigration operations in Los angeles. (ETIENNE LAURENT/AFP via getty Images)
What’s next
The situation in Los Angeles remains tense, with ongoing debate between state and federal authorities regarding the appropriate response to the anti-ICE protests and their impact on local businesses.