Shaquille O’Neal has built up a massive $400 million net worth, but even he’s made some mistakes with his money in the past.
The former Lakers legend is currently one of the hosts of the famous ‘Inside the NBA’ segment on ESPN where he finds new and hilarious ways to discuss and analyze the NBA.
There have been countless stories of how Shaquille O’Neal has spent egregious amounts of money at once. He holds the record for the largest purchase in Walmart history amongst other things, and so he holds a reputation for being a big spender.
Shaq’s net worth is enough to cater towards his lifestyle, but it also sometimes makes for some crazy stories. He’s built that net worth through strategic and valuable investments. He makes a great deal of money every year from his businesses, and it’s admirable to see.
26 years ago today was the last day of the Shaq & Penny era.
They were both just 24 years old and only played 3 seasons together. pic.twitter.com/AMbLLIwMWr
— Ballislife.com (@Ballislife) May 27, 2022
Also Read: 7’1″ Wilt Chamberlain may have fathered a son with one of his 20,000 lovers
Shaquille O’Neal fell victim to a scam
Shaq has changed a lot in his business model. At first, he was new to the game, and he couldn’t figure out exactly what he was supposed to invest in.
He went more by instinct than by research. He even claimed that he fall victim to those ‘invest $1 million now, get $3 million in a year’ claims.
“I lost…
