Being a famous basketball player Shaquille O’Neal earned extraordinary money. Here you will know how he spent it, so without further delay, let’s learn about real estate, business, and other things about Shaq.
Shaquille O’Neal’s key facts
● Shaquille O’Neal earned $286 million from his salary alone throughout his career. ● Shaq’s whole car collection is worth around $5 million
● His entire mansion Collection cost around $50 million
|Real name Shaquille Rashaun O’Neal|
|Celebrated Name Shaquille O’Neal, Shaq, Diesel|
|Birthplace Newark, New Jersey|
|Date of birth March 6, 1972|
|Height 7ft 1 inch|
|Eye color Dark brown Parents Joseph Toney ( biological father), Lucille O’Neal( mother), Phillip Arthur Harrison( stepfather)|
|Siblings 3 Religion Islam Nationality American|
|Marital status Divorced|
|Ex-Wife Shaunie O’Neal|
Shaquille Rashaun O’Neal, also known as Shaq, was born in Newark, New Jersey, on 1972 March 6. His family is a family of tall members. His father, Joe Toney, was 6.2 feet, and his mother, Lucille O’Neal, was 6.1 feet; that is why by the time Shaq was 13, he was already 6.6 feet tall.
Joe Toney, his biological father, was a drug addict and was later imprisoned for possession of drugs when Shaquille was an infant. So even though he loved his biological father, he was never close to him even after his release.
Lucille O’Neal, Shaquille’s mother, remarried a Jamaican man Phillip Arthur Harrison who was an Army sergeant. After O’Neal’s biological father escaped jail, he gave up on the responsibilities and relinquished his parental rights to Shaquille’s stepfather. It took O’Neal some time, but he created a connection with his stepfather and made a song for him in 1994.
When O’Neal found his interest in basketball, he found a club named ‘Boys and Girls Clubs of America.’ This place was his safe space where he spent his time shooting hoops.
Later, when O’Neal was around 14, they moved to Germany because of his stepfather’s military work and settled in San Antonio, Texas. Soon taking advantage of his 6ft 10-inch height, O’Neal started playing basketball at Robert G. Cole High school. And over two years, Shaq led his team to a 68-1 record in a state championship in his senior year. Then he joined the Louisiana State University team and soon started gaining recognition.
Shaquille O’Neal’s career & awards
In 1992 O’Neal joined the Orlando Magic as a rookie. He became the Player of the week in the first week of the NBA. And not only that, in 1993, because of his outstanding performance, he became NBA Rookie of the Year. Shaquille O’Neal’s second season improved his performance, and he made his first playoff. Then from 1994 to 1995, O’Neal played quite incredibly, but he got seriously injured and had to wait for 28 games to get back.
Shaq even played nationals, and in 1994 he got the title of MVP of the tournament from the 1994 FIBA world championship. And won two gold medals all through his national career.
In 1996 after the NBA, O’Neal became a part of the United States Olympic basketball team. In his first match of the Olympics, through media, it was announced that he is joining Los Angeles Lakers on a $121 million contract for seven years. And this is where he became one of the top centers in the history of the NBA.
Then from 1999-2002, the MVP and championship seasons were going on. Where got the title of 1999-2000 Regular Season Most Valuable Player.
Shaquille O’Neal joined Miami Heat in 2004, making his 12th consecutive All-star team. In 2005 Shaq signed a 5year extension for $100 million. Then in 2007, even though Shaq
brightened up his 14 straight all-star appearances. But he started facing some lows in his career. Shaq decided to join Phoenix Suns in 2008, and then in 2009, he joined Cleveland Cavaliers. In 2010 he joined Boston Celtics, and finally, in 2011, he announced his retirement from basketball.
And currently, keeping all his business activities aside, he is working as a sports analyst inside the NBA for a television program.
Shaquille O’Neal’s other income
O’Neal is very much interested in the field of property development. He was born in Newark, New Jersey, so he worked with Beret development in a 22-story building, and that project cost $79 million in Newark. They even later worked with each other and worked on a $150 million project based in New Jersey.
He is an active investor and a businessman. During and after his basketball career, he invested his money in various stocks such as Apple, PepsiCo, eSports, etc. In 2013 a team of three men bought a basketball team named Kings, and soon Shaq joined them by taking 5% of the stake, but in 2022, he sold that.
In 2019 Shaq became a part of Papa John’s as a board member. He even evolves as the brand ambassador for the brand. It seems like he likes Papa John’s so much because after signing a deal with papa John of $8.25 million for 3years, O’Neal invested thousands of dollars in 9 stores at Papa John’s.
Even though Shaq has a complicated relationship with the media, he was good at following scripts. In his basketball career, O’Neal came across many endorsements. During and after his career as a basketball player, he advertised for many brands, such as Reebok, Hulu, Espon, Papa John’s, gold bond, etc. In an interview, Shaq said he had made more money from advertisement and endorsement than he ever earned playing in the NBA.
He worked in television, in various shows and series, and as a host. The exhibits include Apple pie on ESPN and Shaq’s Big Challenge on ABC, two parts of NBA Ballers that aired on the Discovery channel. Guest appeared in MTV Punk’s, hosted another show, Uploaded with Shaquille O’Neal, and many other things. Through all these roles from 2007-2015, he earned quite a lot of money.
This is not it, he even tried acting and appeared in movies and series like Blue Chips, scary movie 4, Freddy got fingered Grown-ups 2, and many others. Then we voice over films such as The Smurfs 2, Jonny Bravo, The Lego movie (2014), etc. And we can even see him in some music videos Bad Boy For Life, Vanilla Twilight by Owl City, Don’t wanna know by Maroon 5, etc. Most of these movies, videos, and series are known to us so that you can understand the earned millions from them.
Apart from all these, O’Neal also works as a rapper and DJ from 1993 to till now with the name Diesel. He joined the Los Angeles County Sheriff’s reserve academy. Then in 2000, he got his training in mixed martial arts and appeared in many wrestling competitions as a professional wrestler. He owns five franchises of a food chain Five Guys, 40 gyms, and many other valuable investments that now make him the owner of $400 million.
Shaquille O’Neal’s personal life
In 2002, Shaquille married he married Shaunie Nelson. And soon, Shaq and Shaunie had four children together Shareef, Amirah, Shaqir, and Me’arah. They divorced in 2011, and O’Neal saved most of his money because of a prenuptial agreement. But he can’t leave his family behind. Shaq pays $10,000 monthly to Nelson as alimony and child care of $10,000 for each child. Later after divorce, he had two other children.
Shaquille cares about education so much that while playing for Los Angeles Lakers, he completed his Batchelor’s degree in General Studies from Louisiana State University. Then in 2005, he finished his master’s from the University of Phoenix while playing for Miami Heat. And that’s not the end. He even did an MBA through an online University course.
In 2012 Shaq did a doctorate in education from Berry University of Florida. Then in 2011, he joined a course at New York Film Academy that why he is so good at understanding media and television. Even though all this education cost him a few thousand dollars, Shaq’s hunger for education was nothing in front of this.
O’Neal even has his foundation where he uses the money to help needy people. And guide people with financial issues, including buying and selling houses at affordable prices. Then Shaq donated $1 million to the Boys and Girls Club of America for better student education and technology access. He presented a $250,000 house to a kid recovering from paralysis.
Shaquille O’Neal’s net worth
Currently, due to his career and business, Shaq is the owner of a net worth of $400 million+
|Name Shaquille O’Neal|
|Profession Former basketball player, sports analyst, entrepreneur, rapper|
|Net worth (2022) $400 million+|
|Assets and investments of $300 million|
|Cars owned 12+|
Shaquille O’Neal’s net worth summary
Shaquille O’Neal’s assets
O’Neal always wanted to invest his money in something great, believing real estate was a good option. Now Shaquille owns many properties in American cities.
In 1993 Shaq bought a $4 million in Windemere, Florida. It’s a 12 bedroom, 15 bathrooms, a bar, entertainment room, a 6000 sq. ft indoor basketball court, 17 car garage, and many others that O’Neal included in the mansion. But In 2018, he listed that house for a whopping $28
million. And the following year, the price value of that house dropped to $22 million, and finally, in 2021, he managed to sell that house for $11 million.
In 2015 O’Neal bought a property in McDonough, Georgia, for around $1.5 million. This property has two houses. The first or primary one has five bedrooms, a home theatre hall, a game room, and a gym. Then the second house has two bedrooms and facilities like a swimming pool, sun porch, etc.
He used to own a house in Bell Canyon, California, purchased in 2016 for $1.8 million. The home includes five bedrooms, a gym, a swimming pool with Jacuzzi, and many other things. In 2019 Shaq listed that house for $2.5 million. Later, it was sold for around $2.3 million.
He has other mansions in Las Angeles, Pheonix, $18 million in Miami, etc. Shaquille O’Neal’s cars
O’Neal loved to buy cars. Even when he earned his first million dollars, the first thing he bought was a $150,000 Mercedes Benz. And later, O’Neal bought two other Mercedes cars for his parents. And these are not the only cars he bought. He owns many modern to vintage cars like,
● Cadillac DTS cost approx $100,000
● Cadillac Escalade that cost him around $95,000
● Ford Expedition
● Lincoln Continental
● Lincoln Navigator price $66,000
● Jeep Wrangler cost around $35,000
● Hummer H2S he paid $110,000 for this car
● Lamborghini Gallardo price $190,000
● Rolls Royce Cullinan, for which he paid $380,000
● Vaydor Roadster, for which he paid around $50,000
● A customized Mercedes S550 Convertible that cost him more than $140,000 ● Lamborghini Vaydor, which he bought after seeing ‘Suicide squad’ and after customization, it cost around $15,000
● Ferrari 355 F1 Spider price $85,000 which he sold $129,000
And many other cars.
Shaquille loves to customize his cars, trying out new colors and using the superman logo in his vehicles, but the most difficult one is to make space for 7ft 1inch to fit in the car. That’s why O’Neal’s car buying gets a bit different for him.
Shaquille O’Neal’s other accessories
Shaquille and his son Sharif loves sneaker, and this father-son duo filled his closet with expensive sneakers. And he has come with a nice collection of diamond jewelry.
Shaquille O’Neal’s other investments
Shaq owns a 72ft yacht with three bedrooms, a kitchen, and many other things. For this exotic earth, he paid $1.7 million.
Shaquille is quite a family guy, and like any other family, his family also has some monthly expenses. But the only difference in the cost is that he spent around $100,000 for different household expenses such as food, gas, household, etc.
Shaq loved to go on vacations; he traveled on a cruise ship named Carnival Vista that sailed around the Caribbean and advertised that cruise in 2018.
Shaq loves to pamper his kids with an exciting gift for his daughter’s birthday. He spent $1 million for a party and bought her a $120,000 Mercedes G-wagon. And he also spends around $80,000 on Sharif’s shoe collection.
He also spent money on hobbies like a fish tank that cost $120,000; his dream tree house cost $400,000, and $700,000 on iPhones. Then in a show in 2021, Shaq dropped a bombshell by saying he owns Marilyn Monroe and Elvis Presley, and for this, he spent $135 million.
Shaquille O’Neal’s net worth growth
Shaq’s net worth in 2022 is more than $400 million.
|Net worth in 2018 was $300 million|
|Net worth in 2019 was $320 million|
|Net worth in 2020 $350 million|
|Net worth in 2021 $380 million|
|Net worth in 2022 $400 million+|
Shaq was great at what he was doing and believed in himself; he never stopped educating himself. Also, he tried many different career paths and hardly failed. Now his faith and confidence make him where he is right now.
Frequently asked questions
● What is Shaquille O’Neal’s net worth?
His net worth is $400 million+
● What was Shaquille O’Neal’s salary as an NBA player?
He used to earn $20 million a year before his retirement as an NBA player, and now he is more prosperous than before.