July 31, 2021

“I’m not giving you anything”

Shaquille O’Neal raises his children to understand the importance of work, which is why he does not give them “easy life” and he even established a golden rule that they must respect if they are they want to have a share of his money in the future.

The big NBA star is the proud father of six children: Taahirah, whom he shares with his ex-girlfriend Arnetta Yardbourgh, while Shareef, Amirah, Shaqir, Myles and Me’arah, from his marriage to Shaunie O’Neal.

Shareef O’Neal, Shaquille O’Neal, Shaunie O’Neal and their family at Shareef’s 18th Birthday Party at West Coast Customs on January 13, 2018. | Photo: GettyImages

During his 19-year career in the NBA, O’Neal has increased considerably his net worth as one of the best players in the league. But he didn’t stop there.

SHAQUILLE O’NEAL: BUSINESSMAN

A brilliant and efficient businessman, Shaq extended his career beyond the courts, entering theater, video games and advertising. Furthermore, it has already invested in Google and Apple, an approach that has certainly borne fruit.

“I told them you had to have two degrees if you wanted to touch my cheese.” – Shaquille O’Neal

Shaquille O'Neal poses at the Authentic Brands Group booth during Licensing Expo 2016 at the Mandalay Bay Convention Center on June 21, 2016. |  Photo: GettyImages

Shaquille O’Neal poses at the Authentic Brands Group booth during Licensing Expo 2016 at the Mandalay Bay Convention Center on June 21, 2016. | Photo: GettyImages

He has also invested in the e-Sports industry, he owns 17 Auntie Anne’s, several restaurants, gyms and car washes. He is also on the board of directors of Krispy Kreme and Papa John’s Pizza and he also became the spokesperson for the pizza company under a three-year contract.

Shaq’s net worth is estimated to be around 360. 479,000 Euro, according to the Celebrity Networth, and he’s one of the retired NBA players who continues to make a lot of money every year.

Shaquille O'Neal attends 2019 NBA Awards Presented by Kia on TNT at Barker Hangar on June 24, 2019. |  Photo: GettyImages

Shaquille O’Neal attends 2019 NBA Awards Presented by Kia on TNT at Barker Hangar on June 24, 2019. | Photo: GettyImages

Speaking to the Wall Street Journal, O’Neal found that he had learned a great lesson from a businessman very early on, explaining that the man had shown him a piece of paper and said, “It’s $ 100,” and then tore the paper in half. , saying to O’Neal:

“Smart people invest that 45 Euro and they have 45 Euro left. But rich people take half of that 45 Euro and put it aside. So I started doing that.”

O’Neal also revealed that for him, investing is not a question of money but of how he can help other people.

Shaquille O'Neal attends the 2018 Mountain Dew Kickstart Rising Stars game at Staples Center on February 16, 2018. |  Photo: GettyImages

Shaquille O’Neal attends the 2018 Mountain Dew Kickstart Rising Stars game at Staples Center on February 16, 2018. | Photo: GettyImages

Shaq has many other plans and dreams in mind, including studying law to pass the bar and then starting his own law firm. He also wants build schools and become a sheriff somewhere.

And while the 47-year-old continues to make his fortune, he has had to make rules for his children to ensure a future for them, but also to learn the value of money.

TEACH CHILDREN

According to Shaquille, it is not easy for his children to get rid of his money.

Shaquille O'Neal, Shareef O'Neal & Shaunie O'Neal au Jordan Brand Future of Flight Showcase le 25 janvier 2018 en Californie. | Photo : Getty Images

Shaquille O’Neal, Shareef O’Neal & Shaunie O’Neal au Jordan Brand Future of Flight Showcase le 25 janvier 2018 en Californie. | Photo : Getty Images

Although the six lead privileged lives, since both of his parents are wealthy on their own initiative, O’Neal has a requirement if they want their names to appear in his will: they must present him with at least two degrees, a license and master’s degree.

“I tell them that you are going to have to get two diplomas if you want to touch my cheese”,

he joked.

“I’m not giving you anything.”

Although three of Shaquille O’Neal’s children ie Shareef, Shaqir and Me’arah play basketball, O’Neal never pushed them to follow in his footsteps in the sport.

“Happy Father’s Day @shaq! Thank you for being an amazing father to our children, and my best friend! Our co-parenting journey has had its ups and downs, but we’re doing it really well! We are grateful to you, so enjoy your day! ” – shaunieoneal5 | Instagram

Instead, he told them very early on that one basketball player in the family was enough, and now he needed engineers, lawyers and hedge fund operators.

“I tell them now, think about what you want to do when you grow up. I can take you there, but you have to take matters into your own hands”,

he said at WSJ.

Shaq also explained in an episode of “Oprah’s Master Class” he follows what he saw Micky Arison do with his son Nick. Arison is the owner of the Miami Heat, and his son inherited a multi-million dollar fortune from his grandmother.

Still, Arison had Nick start from the bottom, cleaning the locker room, then handing out t-shirts, joining the marketing team, and so on until he finally reached a higher position.

CO-PARENTALITY WITH SHAUNIE

If Shaq appears to be a strict dad, it’s working as a team that keeps the kids on track, something the Hall of Fame and his ex-wife, Shaunie O’Neal, seem to have mastered.

They were married from 2002 to 2009, when Shaunie filed for divorce after Shaq allegedly cheated on her. After the separation, it took them a while to develop a good relationship, but now Shaunie and Shaq are best friends in the world.

Shaunie O'Neal and Shaquille O'Neal Celebrate Shareef O'Neal's 18th Birthday at West Coast Customs January 13, 2018 |  Photo: GettyImages

Shaunie O’Neal and Shaquille O’Neal Celebrate Shareef O’Neal’s 18th Birthday at West Coast Customs January 13, 2018 | Photo: GettyImages

“I must say that the five [ou] first six were really tough. We could function, but it was hard “,

said Shaunie au magazine Life & Style.

“Now I think we’ve got over that and I’ve always been like ‘what’s best for the kids’, and I’ll make sure that happens no matter what.”

SHAUNIE, THE BASKETTER’S EX-WIFE

Shaunie has been married to Shaquille O’Neal from 2002 until 2009 and they share 05 children. Shaunie is actually a TV personality.

Amirah’s mother established a good relationship with her ex-husband. She has appeared on the reality TV show “Basketball Wives LA” as well as several other shows.