
via Getty
LAS VEGAS, NEVADA – OCTOBER 09: Shaquille O’Neal attends the WBC heavyweight title fight between Tyson Fury and Deontay Wilder at T-Mobile Arena on October 09, 2021 in Las Vegas, Nevada. (Photo by Al Bello/Getty Images)

via Getty
LAS VEGAS, NEVADA – OCTOBER 09: Shaquille O’Neal attends the WBC heavyweight title fight between Tyson Fury and Deontay Wilder at T-Mobile Arena on October 09, 2021 in Las Vegas, Nevada. (Photo by Al Bello/Getty Images)
It’s a known fact Shaquille O’Neal is a genius when it comes to investments. Furthermore, it looks like he is a mastermind when it comes to savings as well! Rather, a trickster, as some fans recently claimed. The Los Angeles Lakers legend has his own ways to solve problems. Moreover, Big Diesel has often been admired for the same. However, in a recent revelation, Shaq got criticized big time on social media. As much as fans love the NBA legend’s heart to provide for people, there seems to be some hate for his business tricks.
Well, ‘tax’ is a fearful word for many. Definitely not for Shaquille O’Neal, though. During a podcast appearance, the 4-time NBA champion shared a trick he learned to escape tax. Though it did sound “genius“, several fans had a different perspective on it that created a debate on social media.
ADVERTISEMENT
Article continues below this ad
Shaquille O’Neal gets demolished for his business tricks
$400 million worth Shaq made the most of his money from his business ventures. How is O’Neal so efficient in this? Well, Shaq has often shared how he learned a lot from leaders and friends, but also from books especially. The Lakers legend values education. One book which improved Big Diesel’s knowledge about business was ‘Starting a Business: For Dummies’.

via Imago
February 13, 2022, Los Angeles, CA, USA: Shaquille O Neal attends the Sports Illustrated Super Bowl Party at Century City Park on February 12, 2022 in Los Angeles, California. Los Angeles USA – ZUMAs181 20220213_zea_s181_044 Copyright: xImagespacex
The 2000 MVP revealed in a podcast, “I learned about business, not from college. I learned about business from a book…First thing I did was incorporate my family…And then I put my mom on salary and put my dad on salary and I got them an office and got them a car.”
A co-host explained, “Instead of giving it to the IRS (Internal Revenue Service), you’re giving it to your family and you can write it off.” This allowed Shaq’s parents to make a collective amount of nearly two million a year, which made them very proud of their son.
View this post on Instagram
Shaquille O’Neal believes it was the “best day of his life”. However, fans are totally on another page and against the 4-time champion’s “trick”.
Fans believe Shaquille O’Neal’s “trick” is a “way to cheat“
The social media users did not hold back against this revelation from Shaq. While Shaq did find a loophole to evade tax, fans do not seem to appreciate it.
Here are some of the fans’ reactions to Shaquille O’Neal’s revelation:
“Rich people find all kinds of ways to cheat taxes and the government and everyone calls them smart for it instead of getting upset and asking wtf?”
” The fact that this millionaire avoids his taxes is offensive.”
“So rich people avoid paying taxes, poor people pay every type of tax”
ADVERTISEMENT
Article continues below this ad
“Rich people should not be ALLOWED to avoid taxes. Period.”
A fan tried to control the damage on the Lakers legend through a bold comment:
“Shaq makes up for it. Instead of giving money to the government, he gives it to the people that need it. This guy is the most generous celebrity that I have seen.”
ADVERTISEMENT
Article continues below this ad
Watch this story: “Dedicated husband Stephen Curry continues to show appreciation for wife Ayesha while reminiscing”
Which side are you on? Do you think Shaquille O’Neal is right for his actions? Share your thoughts in the comments below.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT