Shark Tank’s Kevin O’Leary thinks a dog stole his Labubu after he turned down $5 million to sell it
Shark Tank’s Kevin O’Leary thinks a dog stole his Labubu after he turned down $5 million to sell it
Shelby StivaleMon, July 27, 2026 at 5:48 PM UTC
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Kevin O’Leary in 2024Credit: Roy Rochlin/GettyKey Takeaways -
Kevin O’Leary thinks a dog stole his Louis Vuitton Labubu.
The Shark Tank star called his Labubu “a priceless” item in September 2025 and refused to sell it for millions.
He said the famed toy wasn’t a great look in business meetings.
Kevin O’Leary’s infamous Labubu has moved on to a better place.
“Labubu is no longer with me. It died a tragic death,” the Shark Tank star revealed on Monday’s episode of the Money Rehab podcast. “It hung off my bag until it just looked so ratty that I think a dog stole it.”
Monday marked the second time that O’Leary appeared on Nicole Lapin’s podcast. During his first appearance — in September 2025 — the businessman discussed the “personal relationship” he had with the Louis Vuitton Labubu. However, the toy was actually hurting him when attending “crazy meetings” internationally.
“Not everybody gets it. Labubus aren’t as hot as you would think in, let’s say, Zurich. that kind of thing,” he explained on Monday. “UAE wasn’t quite hip with it. So, it caused more friction than excitement.”
Kevin O’Leary; LabubuCredit: Christopher Willard/ABC via Getty; Mark Rightmire/MediaNews Group/Orange County Register via Getty
Lapin reminded O’Leary that the first time they recorded together, she offered him $5 million for the Labubu — and he denied the money.
“That was probably a mistake,” O’Leary admitted. “But I think I’ve done quite well since that offer. On other things, controversial stuff.”
He added, “This is controversial itself. People say, why are you such a social media w---e and I say, ‘I’m advertising my entrepreneurs every day.’ I am reducing their customer acquisition cost and I’m increasing their return on ad spend. That’s what I do. I invest in them and I do everything in my power to get their story out there on every media there is.”
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During the podcast’s September 2025 episode, O’Leary explained why he wouldn’t sell his Labubu for any amount of money.
“Everybody wants my Labubu,” he said at the time. “The highest I’ve been offered is $3,800 bucks for it. But I’m not selling.”
O’Leary added, “The point is, it gives you an idea about collectibles. Now, this could be more faddish. If you remember Beanie Babies, but I’m pretty convinced that looking at 11 years of data for trading cards that I’m in a good place.”
Speaking about the Labubu on the podcast for a substantial amount of time was making it “famous,” which further proved O’Leary’s point.
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“I don’t want to sound arrogant, I don’t need $50 million. I want to keep my Labubu,” the Marty Supreme star said, saying it was “priceless” to him. “This Labubu was actually on my Shark Tank seat. It’s the only Labubu in the world.”
For more from O’Leary, watch the full episode of Money Rehab below.
on Entertainment Weekly
Source: “AOL Entertainment”
