Shaquille O’Neal reveals $700k Ferrari mistake

Shaquille O’Neal, the 53-year-old hoops legend, has revealed his biggest fiscal mistake to the nationalist – a Ferrari that outgo him astir $700,000. Although helium has earned hundreds of millions of dollars passim his vocation and is present worthy astir fractional a cardinal dollars, helium has made mistakes too. 

It involves buying and modifying a car that primitively outgo $200,000, and further investments successful tuning and audio instrumentality that raised the terms to $700,000. Shaq admitted: 

“I don’t similar to speech astir wealth each the time, I’ve made a batch of fiscal mistakes. But let’s get to the anserine mistakes: I bought a Ferrari for $200,000. I spent $200,000 to tune it up and different $100,000 connected stereo equipment. So, I spent astir $700,000 connected a car that I seldom drive. Stupid. When I was young, I invested successful things for fiscal summation and I often missed.”

Legendary career

Shaq entered the NBA successful 1992 with the Orlando Magic, and aboriginal with the LA Lakers and Kobe Bryant, created 1 of the astir ascendant dynasties successful history. He won 3 consecutive championships, 4 NBA rings, was erstwhile the MVP of the play and was a 15-time All-Star. His vocation lasted 19 years, and helium earned much than $286 million.

Transformation successful thinking

However, O’Neal changed his attack to finances. He recovered inspiration successful a speech with Jeff Bezos. “I heard Jeff Bezos say, ‘Invest successful things that volition alteration people’s lives.’ After I adopted that strategy, I became much successful,” claims Shaq. Today, his wealthiness includes car washes, fittingness centers, nightclubs and franchises specified arsenic Auntie Anne’s, Five Guys and Papa John’s.

Philanthropy

He dedicated a ample portion of his luck to charity; his instauration helps disadvantaged youth, and helium has funded affordable lodging successful Newark. He received the Muhammad Ali Award for humanitarian enactment successful 2024.

Analyst and mentor

Today, Shaq is champion known arsenic an expert connected the amusement "Inside the NBA", which is moving to ESPN. With his style, helium continues to travel the crippled and analyse caller generations of centers similar Nikola Jokić and Joel Embiid.