Shaquille O’Neal was undoubtedly one of the greatest NBA players of all time. He was over 7 feet 1 inch tall. Center was a lithe 325-pound specimen and a true freak of nature. Shaq, popularly known as “Diesel”, was successful and worked hard to achieve success off the field as well, amassing a net worth of $400 million.
Shaq deserves more $286 million of his NBA contracts spanning 19 seasons. Deserved more 200 million dollars solely through its recommendations and partnerships. Just like him, his lifestyle is larger than life. Over the years, Shaq spent that money however he saw fit. Over the years, fans have seen Shaquille O’Neal buy expensive things or invest heavily in assets or businesses.
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Let’s look at the 10 things Shaquille O’Neal spent a ridiculous amount of money on in his lifestyle or businesses:
1. Personalized Treehouse
In 2018, Shaq decided to participate in Treehouse Masters, a television show in which Pete Nelson designs a custom treehouse for his clients. Shaquille O’Neal spent $400,000 to get this Treehouse built. The treehouse has a 9 foot high mahogany door and inside is a bar, poker table, dart board, etc.
2. Cell phones
In 2014, Shaq revealed in an interview with USA Today that whenever a new iPhone comes out, he likes to buy 50 of them. Shaq then passes them on to kids, leaves them anywhere, or distributes them on Twitter. If Shaq had purchased all 50 of each iPhone when it was released, it would have cost him about $50. $750,000 to this day.
3. Yacht Pershing 72
Shaq issued $1.7 million on a Pershing 72 yacht featuring its own kitchen, three bedrooms, easy access to the crew quarters and engine room, three bathrooms and many other luxurious features.
4. Custom F-650 Pickup
Shaq bought a truck that he customized to his liking. The value was over $65,000. Diesel then added leather seats, Bluetooth, HD radio and all the other modern conveniences. After the changes, costs increased to ~$124,000.
5. A mansion in Orlando
The 4xNBA champion owns a 36,000 square foot lakefront mansion in Orlando, Florida. It has 12 bedrooms, 11 bathrooms, a garage and a basketball court. It’s worth it $16.5 million.
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6. Shopping trip to Walmart
When Shaquille O’Neal was traded to the Phoenix Suns, he lived in an apartment with no furniture. So he took it upon himself to get everything he needed for his apartment at Walmart. He finally spent money that day $70,000 at Walmart.
7. A stake in Authentic Brands Group (ABG)
Shaq sold the naming and licensing rights to ABG for $270 million. Shaq used that money $135 million to acquire a stake in ABG, Shaq now also holds the licensing rights to celebrities such as Marilyn Monroe, Elvis Presley, Muhammad Ali and is the owner of around 50 consumer brands.
8. Commercial Enterprises
Shaq has invested a lot of his money in his businesses. The 50-year-old owns 150 car washes, 40 gyms open 24 hours a day, 1 movie theater, 1 Big Chicken, etc. Kobe Bryant’s former teammate sold his Aunt Anne’s pretzels. He owned 155 Five Guys locations, which he later sold to open his own restaurant, Shaquille’s.
9. Kings of Sacramento
Shaquille O’Neal spent time in between 10 to 20 million dollars to acquire a 2 to 4% stake in the NBA franchise Sacramento Kings. He recently cashed in when the team was valued at $1.8 billion.
10.Google
Shaq spent money buying Google stock as part of Google’s $100 million Series A funding round. Google is now worth almost $2 trillion. However, Shaquille O’Neal still owns some shares of the company.
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