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<p>CEOs take on all sorts of personas, from the benevolent leader to the cutthroat business executive. Millionaire entrepreneur <a href="fortune.com/tag/kevin-oleary…">Kevin O’Leary</a> is famous for his <a href="fortune.com/2025/07/18/milli…">brutally honest</a>, <a href="fortune.com/2025/07/04/shark…">intimidating aura</a> on-screen as a <a href="fortune.com/tag/shark-tank/"><em>Shark Tank</em></a> investor<em>—</em>and some of that leadership style rubbed off on him from working with the late <a href="fortune.com/company/apple/" target="_blank">Apple</a> cofounder <a href="fortune.com/tag/steve-jobs/">Steve Jobs</a>. </p> <p>“I don’t think people you work with need to be your friends,” O’Leary told <em>Fortune</em> last year. “They have to respect you, and you have to lead them forward on their careers, make them money, and help them achieve their goals.”</p> <p>O’Leary, the so-called Mr. Wonderful, doesn’t feel the need to play nice or sugarcoat his opinions, and it may be part of the reason why he’s amassed a $400 million fortune through <a href="fortune.com/2025/07/27/shark…">his business success</a>. The serial investor made a big splash in 1999 <a href="fortune.com/2025/07/08/kevin…">when he sold his business</a> SoftKey Software Products to <a href="fortune.com/company/mattel/" target="_blank">Mattel</a> for $4.2 billion, just after working with Jobs on developing Apple’s educational software. O’Leary Ventures, his venture capital firm, has also backed dozens of <a href="fortune.com/2025/07/01/shark…">startups</a> including sustainable company <a href="fortune.com/2025/06/21/bluel…">Blueland</a>—which eclipsed $300 million in lifetime sales last November—and $14.5 million photo printing app Groovebook. </p> <p>Scoring a deal with Mr. Wonderful on <em>Shark Tank </em>and beyond is no easy venture—he’s known as a quick-witted, bold, and demanding business investor. And he isn’t afraid to ruffle some feathers, as he’s embodied a “<a href="fortune.com/2025/07/27/shark…">founder’s mindset</a>” that prioritizes signal over noise. That means being able to get three to five of the most important things done quickly, while drowning out outside chaos and distractions. It’s a leadership strategy he observed from Jobs in the 1990s, who often disregarded feelings in order to ensure his business partnerships thrived. O’Leary knows he needs to crack a few eggs to make an omelet—even if it means not being popular. </p> <p>“I don’t spend a lot of time on likability, I don’t care about that. It seems so irrelevant. If you spend your time worrying about that, you’re going to fail for sure, because you’re going to miss the signal,” O’Leary continued. </p> <p>“The signal is not having everybody like you—that has nothing to do with success…You can’t worry about whose feelings you bruise. You’ve got to get it done.”</p> <h2 class="wp-block-heading">Working with Jobs and leading with tough love: ‘You’re gonna deal with it anyways’</h2> <p>Silicon Valley CEOs aren’t known to be the most friendly or personable, and the late tech mogul Jobs was no exception to that rule. </p> <p>While SoftKey was working with <a href="fortune.com/company/apple/">Apple</a> in creating new educational software, O’Leary had suggested that Jobs hear what teachers and students want from the games. But the Apple cofounder was having none of it, stating their opinions didn’t matter, and that the programs would work best under Jobs’ direction. </p> <p>“Over time, you want to be part of that momentum, because you’re on the winning team. We made a lot of money with Steve Jobs, he was right. ‘You make the software, I’ll deliver the market. Just go do it right.’ I listened to him, and he was right.”</p> <p>O’Leary noted that it’s more important to be respected than well-liked. His leadership strategy revolves around leading his business partners forward in their careers, making them lots of money, and helping them achieve their goals. It might require some tough love, but the most successful people he’s worked with, including Jobs, aren’t hung up on being enjoyable. </p> <p>“I don’t think that’s certainly how Jobs operated, and so I don’t spend a lot of time worrying about that stuff,” O’Leary said. “I know a lot of people don’t like me because I’m blunt and I tell the truth—I don’t really care. It’s the truth today, it’s the truth next week, it’s the truth in six months. You’re gonna deal with it anyways.”</p> <h2 class="wp-block-heading">Moments Jobs proved his success required ruling with an iron fist </h2> <p>Jobs was well-known for creating tense work environments, but after all, diamonds are made under pressure. As a perfectionist who loved to micromanage his employees, even the smallest perceived error could have resulted in a tirade. For instance, staffers on his Macintosh team were <a href="news.wpcarey.asu.edu/2024121…">once berated</a> for having improper spacing in the system’s interface. The devil is in the details—and now there <a href="techcrunch.com/2018/10/30/th…">are more than</a> 100 million Macs in use. </p> <p>“It created a high-pressure environment,” Chris Neck, professor of management at Arizona State University, wrote on Jobs’ intense leadership style. “He pushed the original Mac team with impossible deadlines, often clashing with engineers but producing a revolutionary product.” Neck noted that this abrasive approach lost Apple some key talents, such as Macintosh computer designer Jef Raskin, who decided to leave the company in 1982.</p> <p>Even when Jobs was pursuing other projects outside of Apple, he had that same trademark intensity. Jobs was one of the three founding fathers of <a href="fortune.com/tag/pixar/">Pixar Animation Studios</a>, after having purchased the group from <a href="fortune.com/tag/lucasfilm/">LucasFilm</a> in 1986. But to get iconic films like <em>Finding Nemo </em>and <em>Toy Story </em>off the page and onto movie screens worldwide, he <a href="fortune.com/2025/06/12/pixar…">put staffers under</a> an intense work schedule. No one wants to be woken up to their boss calling them at 3 a.m., but picking up the phone wasn’t optional with Jobs on the other end of the line.</p> <p>“He would call—especially the producers—at any time, day or night, three in the morning, you’re on vacation, doesn’t matter,” Pete Docter, chief creative officer at Pixar who formerly worked under Jobs, <a href="cnbc.com/2025/06/08/pixar-ex…">said at</a> <em>Fast Company</em>’s Most Innovative Companies Gala in 2025. “He wants to talk to you about it, you’re on.”</p> <p>O’Leary told <em>Fortune</em> that he thought Jobs’ leadership style was “something else”—but he admired how he was able to command teams, keep his eye on the prize, and stay in that “signal” mode. It’s a mindset and strategy that’s infectious to work with, he says. </p> <p>“I’m not saying I liked him that much, but damn, I respected him. Because he had incredible execution skills. He could say, ‘I’m going to get from here to there, and get it done.’ He didn’t give a damn who got in his way,” O’Leary reminisced.</p> <p><em>A version of this story was published on Fortune.com on August 10, 2025.</em></p> <p>This story was originally featured on <a href="fortune.com/article/shark-ta…" target="_blank">Fortune.com</a></p> fortune.com/article/shark-ta…

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<p> <a href="apnews.com/hub/donald-trump">U.S. President Donald Trump</a> on Sunday urged no further attacks by anyone after Israel’s military said it launched strikes on Hezbollah targets in Beirut, potentially complicating efforts to <a href="apnews.com/article/iran-war-…">finalize a deal to end the U.S.-Iran war.</a> Smoke rose over the Lebanese capital, and the health ministry said three people were killed and 16 others wounded.</p> <p>Iran threatened a military response. Trump reacted on social media: “We are very close to a Deal that will bring peace to the region, including to Lebanon” and “Let’s not blow it!”</p> <p>The deal in its current form is a deep disappointment to Israel’s government, which has been sidelined in negotiations led by Pakistan and others. The last time <a href="apnews.com/article/iran-us-c…">Israel struck the Beirut suburbs a week ago,</a> it set off the most serious escalation of fighting between Iran and Israel since the tenuous ceasefire took hold April 7.</p> <p>Trump, who had said the deal could be signed Sunday, has pressed Israeli Prime Minister Benjamin Netanyahu to stop hitting Lebanon hard while a deal is near, but the prime minister has defied him.</p> <p>Netanyahu’s office said the strikes were in response to Hezbollah attacks on northern Israel. Israel’s military said Hezbollah launched three projectiles, releasing footage where an audible boom was followed by rising smoke. There was no immediate comment from the Iranian-backed Hezbollah.</p> <p>“Israel will not tolerate firing into its territory,” Netanyahu and Defense Minister Israel Katz said in a statement. The military later said it was preparing for potential incoming fire in the coming hours.</p> <p>Trump described the attack on northern Israel as “very small and meaningless, nobody was hurt, injured, or killed, and should not disrupt this important process.”</p> <p>An Associated Press photographer at the scene in Beirut said a five-story apartment building with shops on the ground floor was struck. The two lowest floors were the most heavily damaged. Residents of the southern suburbs, many of whom had returned home after weeks of relative calm, could be seen fleeing.</p> <p>Hezbollah fired missiles into Israel on March 2, two days after the U.S. and Israel attacked Iran, sparking war in the Middle East. Israeli troops have since pushed their <a href="apnews.com/article/iran-leba…">invasion</a> of Lebanon deeper than at any point in <a href="apnews.com/article/lebanon-i…">over a quarter century.</a></p> <p>Iran wants a ceasefire deal to include the fighting in Lebanon. It’s unclear whether that would mean Israeli forces’ withdrawal and when. Most of Hezbollah’s attacks in recent weeks have targeted Israeli troops inside Lebanon.</p> <h4 class="wp-block-heading">Mediators push Iran and the US closer to a deal</h4> <p>Iran’s parliamentary Speaker Mohammad Bagher Qalibaf, a lead negotiator for Tehran, warned the U.S. on <a href="fortune.com/company/twitter/" target="_blank">X</a> after Israel’s strikes that “if you lack the will and ability to fulfill your commitments, speaking of continuing the path is not possible.”</p> <p>“Without a doubt, these crimes will not go unanswered,” said Gen. Mohammad Jafar Asadi, deputy commander of Iran’s Joint Command Headquarters, the official Mizan news agency reported.</p> <p>Qatari mediators traveled to Tehran on Sunday to finalize the agreement, according to two regional officials.</p> <p>The officials, who spoke on condition of anonymity because they were not authorized to speak to the media, expressed cautious optimism that the U.S. and Iran were finally approaching a deal that could halt hostilities that have killed thousands of people and reopen the Strait of Hormuz, whose closure has thrown <a href="apnews.com/article/iran-us-w…">world markets into disarray.</a></p> <p>Pakistani Prime Minister Shehbaz Sharif said Saturday the deal would be signed Sunday, while Iran’s foreign ministry spokesperson Esmail Baghaei said it could happen in the coming days. Trump said the <a href="apnews.com/hub/strait-of-hor…">Strait of Hormuz</a>would open immediately after the signing.</p> <p>The deal is expected to be signed electronically, without an in-person ceremony, though it’s unclear when or how the signing will take place.</p> <p>Iran’s government warned that any division at home over the deal weakens its negotiating position, and those criticizing negotiators are taking aim at a national decision. Iranians must recognize that no war lasts forever, spokesperson Fatemeh Mohajerani told the state-run IRNA news agency.</p> <h4 class="wp-block-heading">Nuclear and other issues still to be finalized</h4> <p>The deal does not solve the thorniest issues between the U.S. and Iran, including <a href="apnews.com/article/iran-nucl…">Iran’s nuclear program</a> or its billions of dollars in frozen funds, but offers a 60-day framework for technical discussions on those issues, according to Pakistani and regional officials familiar with the ongoing negotiations. They spoke on condition of anonymity because they were not authorized to speak publicly.</p> <p>The officials described Pakistan’s effort leading the negotiations, struggling for months to keep both sides from walking out on multiple occasions.</p> <p>Under the deal being discussed, U.S. and Israel appear to have fallen short of their original goals of destroying Iran’s missile and nuclear programs and ending its support for armed proxies in the region. It is not clear how the deal will address these issues, or if they will be part of the final agreement.</p> <p>Iran’s nuclear program and highly enriched uranium have long been at the center of tensions with the U.S. and Israel and an international source of concern. Trump on social media asserted Saturday that “when all is calm,” the U.S. would go in and “downblend and destroy” the enriched uranium in Iran or in the U.S.</p> <p>Iran has 440.9 kilograms (972 pounds) of uranium that is enriched up to 60% purity, a short, technical step from weapons-grade levels of 90%, according to <a href="apnews.com/article/iran-nucl…">the International Atomic Energy Agency</a>.</p> <p>Iran has long maintained its nuclear program is peaceful and has not publicly committed to giving up the enriched uranium, which is believed to be buried under three nuclear sites that were badly damaged by U.S. strikes last year.</p> <p>Critics in Trump’s <a href="apnews.com/article/iran-war-…">Republican Party</a>, struggling with an unpopular war ahead of the midterm elections, have criticized the emerging deal. Some said it did not improve on the terms of the <a href="apnews.com/article/62acc7c07…">2015 Iran nuclear deal</a> that Trump withdrew the U.S. from during his first term and which he still describes as “bad.”</p> <p>Meanwhile, Trump was expected to discuss demining the <a href="apnews.com/article/the-world…">Strait of Hormuz</a>during the Group of Seven summit that starts Monday.</p> <p>This story was originally featured on <a href="fortune.com/2026/06/14/trump…" target="_blank">Fortune.com</a></p> fortune.com/2026/06/14/trump…

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<p>As Wall Street races to incorporate war into its risk scenarios, the same people modeling natural catastrophes are now adapting their methodology to help investors, banks and insurers predict military conflicts.</p> <p>Since 2008, the number of countries engaged in external conflicts has nearly doubled to just over 100, while the economic impact of violence now stands at almost $22 trillion, <a href="prnewswire.com/news-releases…" target="_blank" rel="noreferrer noopener">according to </a>the Institute for Economics and Peace. That’s equivalent to more than 10% of the world’s gross domestic product.</p> <p>Wars are upending the finance industry’s ability to predict everything from the price of oil to the cost of a mortgage, and Wall Street has had to acknowledge that some long-standing risk models may no longer be fit for purpose. <a href="fortune.com/company/citigrou…" target="_blank">Citigroup</a> Inc. warns against relying on “<a href="connect.cefpro.com/article/v…" target="_blank" rel="noreferrer noopener">rear-view mirror</a>” models built on historical data, while <a href="fortune.com/company/morgan-s…" target="_blank">Morgan Stanley</a> says it’s time to “<a href="morganstanley.com/insights/a…" target="_blank" rel="noreferrer noopener">rethink</a>” the status quo of geopolitical risks more broadly.</p> <p>“Instead of looking back, insurers and investors increasingly want to know what might happen and where,” Sam Haynes, head of data and analytics at Verisk Maplecroft, a global risk consultancy, said in an interview. “They want a predictive forward-looking view.”</p> <p>Verisk, which is best known for its work on natural catastrophe models for insurers and cat-bonds investors, has just unveiled a model it says would have helped financial professionals predict the Iran war.</p> <p>The firm’s Predictive War Index, released to clients in late May, uses a machine learning algorithm to forecast the likelihood of war occurring in a country over the next 12 months. It was trained on political, economic, and social datasets from 1995-2022 and therefore doesn’t take the current Iran war into account. Even so, back-testing showed that had the model been ready in early January, it would have shown a 66% probability of war breaking out in Iran 1 1/2 months later, according to Verisk. </p> <p>The firm’s other new model, the Geopolitical Relations Index, tracks the changing level of tension between pairs of countries. It looks at parameters such as whether they’ve had military clashes in the past, how similar their styles of government are, or whether they’re geographically close enough to project power. </p> <p>A separate Verisk model, launched in October 2023, has in the period since then correctly predicted six out of seven government collapses, including the ouster of Bashar al-Assad in Syria in 2024, and the sudden removal of Venezuela’s Nicolas Maduro in January.</p> <p>In the case of Maduro’s removal, “there were economic issues combined with a past history of political instability that increased the risk,” said Chris Boylan, a data science expert at Verisk Maplecroft.</p> <p>Rand Corporation has an artificial-intelligence model that turns complex and uncertain questions — such as regime change — into concrete probability estimates. The model draws in part on the aggregated opinions of people who aren’t subject-matter experts to forecast a future scenario. When the model was run in mid-May, it showed a 20% likelihood that Iran’s regime won’t survive into 2027.</p> <p>“The results are designed not just to describe what might happen, but to show policymakers how specific actions — sanctions pressure, diplomatic engagement, or support for civil society — would shift those probabilities in practice,” said <a href="rand.org/about/people/v/vass…" target="_blank" rel="noreferrer noopener">Anthony Vassalo</a>, director of the RAND Forecasting Initiative.</p> <p>Traditional models often stop working in the current climate because an event like a trade blockade or the imposition of economic sanctions “doesn’t behave like a standard-deviation move in a normal distribution,” said Krishan Sharma, senior vice president – model risk management at Citi. “It changes the distribution entirely.”</p> <p>The shipping disruption in the Strait of Hormuz has brought fresh attention to the extreme vulnerability of similar transport chokepoints around the world, requiring new risk algorithms for marine insurance and global trade. Shortly after the Iran war started on Feb. 28, Lloyds of London was quoting premiums for marine war risk in the Strait of Hormuz as high as 1% of a vessel’s value per voyage, compared with just a fraction of a percent before the conflict, according to Moody’s.</p> <p>On Sunday, Iran <a href="bloomberg.com/news/articles/…" target="_blank" rel="noreferrer noopener">pushed back</a> on US President Donald Trump’s assertion the warring countries were about to sign an interim peace deal to reopen the Strait of Hormuz.</p> <p>Read More: <a href="bloomberg.com/news/articles/…" target="_blank" rel="noreferrer noopener">Trump Eyes Sunday Iran Deal But Tehran Says Still Reviewing Text</a></p> <p>Modeling experts are now looking at conflict scenarios as they would a terrorist attack, “where relatively low‑cost acts can generate disproportionate economic losses,” said Gordon Woo, a catastrophe risk specialist at Moody’s. With the new models, insurers can better assess how disruptions might unfold across shipping routes and supply chains rather than focusing solely on physical damage to individual assets, Woo said.</p> <p>Tina Fordham, co-founder of Fordham Global Foresight and Citigroup’s former chief global political analyst, warns that geopolitical volatility hasn’t just been normalized, it’s <a href="tinafordham.com/insights" target="_blank" rel="noreferrer noopener">accelerating</a>. </p> <p>The events unfolding “are consistent with our supercycle geopolitics thesis, where increased risk drivers are breaking through global guardrails and causing a higher number of geopolitical shocks,” she said on her website. “2025 saw the acceleration of the supercycle and it marked a wake-up call for the C-suite.”</p> <p>Aside from drawing on years of experience modeling natural catastrophes, risk experts are also tapping into methodologies used to help predict other threats such as <a href="bloomberg.com/news/articles/…" target="_blank" rel="noreferrer noopener">strikes, riots and civil commotion</a>.</p> <p>The newer risk models will allow insurers “to integrate a predictive view of war into their underwriting and exposure management workflows,” Verisk said.</p> <p>Such tools are becoming essential for financial professionals trying to operate in “a fragmented, multipolar world,” as the old world that was shaped by “globalization-driven efficiency” fades out of view, the Morgan Stanley Institute said in an April <a href="morganstanley.com/insights/a…" target="_blank" rel="noreferrer noopener">report</a>.</p> <p>War has now overtaken civil unrest as the source of political violence most feared by companies trying to buy insurance, according to a <a href="commercial.allianz.com/conte…" target="_blank" rel="noreferrer noopener">risk assessment</a> published in May by <a href="fortune.com/company/allianz/" target="_blank">Allianz</a>.</p> <p>“War is a rising fear for businesses around the world,” it said.</p> <p>This story was originally featured on <a href="fortune.com/2026/06/14/wall-…" target="_blank">Fortune.com</a></p> fortune.com/2026/06/14/wall-…

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