Having Garnered Millions From $1.289 Trillion Company, $400M Rich Shaquille O’Neal Boasts the Pros “Being Shaq”

Shaquille O’Neal is not just an NBA Hall of Famer; he is a prolific investor who has dipped his feet in both tech and AI. After retiring from basketball, Shaq has gone on to become a successful businessman and has now amassed a net worth of over $400 million. After getting into tech at an early age, the Los Angeles Lakers legend now sees the potential in new AI-based technologies. This has led to him investing in and promoting new products.

While Shaq has made investments to make money, he has also invested in companies that he sees can help people. During his ventures, he reveals how being himself has helped him invest in good products and businesses.

Shaquille O’Neal reveals what has helped him in his ventures

Shaq has invested in many companies over the years. In a recent interview with Forbes, he revealed how some things have been easy for him in business because people knew who he was.

Shaq has also talked about the importance of surrounding himself with people who are smarter than him. This would help him make better choices. But something else that has always helped him is the fact that he is Shaquille O’Neal. He said, “Being Shaq, I can get to anyone, but it’s all about respect”. This meant that because of who he was, he was given a lot of opportunities.

He respects Jeff Bezos and Bill Gates and often listens to the advice that they give. Shaq also makes investments sometimes that help develop things for the needy, and he won’t be expecting a return on those investments.

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His latest investment in Edsoma, an AI assistant to help kids read, is a prime example of that. Shaquille O’Neal sees the potential that AI tools have, and is hoping to promote them and get them the recognition they deserve.

Shaq turned $100,000 investment into $250 million

Shaq has been investing in tech for a long time. The companies that he invested in, Lyft and Ring, were later bought by Amazon. Shaq’s first major investment in tech was when he invested in Google back in 1999. His name also helped him back then, as he introduced himself to two people who he overheard talking about search engines.

It is estimated that Shaq invested $250,000 in Google when it was valued at $100 million. Now the company is valued at $2 trillion. It’s estimated that the people who invested $100,000 back then grew to 112 million. So this makes Shaq’s investment more than $250 million from his initial $100,000.

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What do you think about Shaq’s business venture? Let us know in the comments!