Despite being retired from the NBA for more than a decade, Los Angeles Lakers legend Shaquille O’Neal is still one of the most relevant sports personalities in the world. Many players decide to take time off the spotlight and spend time with their families and loved ones, But not Shaquille O’Neal. The Big Diesel has been a savage businessman since his retirement.

And that is why The Big Aristotle’s net worth is over $400 million in this day. The owner of hundreds of food chains, car washes, nightclubs, and whatnot, Shaq has a finger dipped in almost everything out there.

Shaquille O’Neal, a savant both on and off the court

We get to see O’Neal in multiple advertisements on TV. He is an analyst on TNT on the show ‘Inside The NBA’ and has a successful podcast named ‘The Big Podcast With Shaq’ as well. Shaquille O’Neal has made all the right moves after his retirement as opposed to many players in the league.

While sitting down with DrinkChamps, Shaq told the hosts that he saw other celebrities who have turned into business tycoons. Rappers who have made an empire for themselves apart from their music royalties. And he gave credit to people like Jay-Z and Dr. Dre for that. 

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He told the hosts that he would follow in their footsteps and see what moves they were making in the business world for him to follow. And by far, all things have turned up great for Shaq till now. O’Neal believes in investing in people and their ideas and the business they have instead of giving handouts. And by that way, Diesel has really become a successful businessman along with his philanthropic work.

Shaq on what makes him invest in a business

While sitting down with Grant Cardone on his show ‘Power Players’, Shaq discussed what it takes for him to invest in a business. Cardone asked the Los Angeles Lakers whether he looks at the sales or the marketing of the company before he chooses to invest in it. And Shaq had a pretty straightforward answer to that. He said, “I have to like it, I have to know a lot about it, I have to understand it, I have to believe in it.” He then added, “You know I’m at the point now where it’s not all about money with me.”

Shaq has partnered up with multiple companies and is the majority stakeholder in most of them. He is always looking for smart investments and knows how to make the best use of his assets to generate more revenue for himself, his partners, and his employees.

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Looks like Shaq still has that dominant persona in the field of business that he had on the floor during his days in the NBA.