In Spite of Already Owning a $250 Million Resort Just 30 Miles Away, Millionaire Shaquille O’Neal Spent a Modest Amount for a New Home in 2012

When your annual earnings are hundreds of millions of dollars, it doesn’t hurt to own multiple properties across the country. Back in 2012, Shaquille O’Neal had reportedly bought a house in Florida for a very reasonable price. The five-bedroom home cost no more than $235,000 to Shaq. The house is reportedly situated in Mount Dora and has an entertainment room and a wet bar. However, fans didn’t seem to see the point of buying the property. The reason was that just 30 miles away from Orlando, Shaq owned a whopping $250 million worth of resort.

Shaq’s iconic Orlando resort/mansion was bought in 1993 when he was playing for the Orlando Magic. At the time he bought the mansion, Shaq was only in his second year as an NBA player. The house was built in 1990, just three years before Shaq acquired the ownership of the property. The 70,000 sq feet estate is located in Isleworth and boasts of a spectacular lake view. The house has 11 bedrooms, 13 bathrooms, and a garage for his vast collection of luxurious cars.

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However, the mega-mansion is just one of the ridiculously expensive properties that Shaq owns. As they say, it is just the tip of the iceberg.

Expensive things owned by Shaquille O’Neal

The first among the long list of bizarre and expensive things that Shaquille O’Neal owns is an aquarium. One might think that how expensive can an aquarium get, well…try $120,000! Yes, the Big Aristotle has a separate aquarium room that boasts of exotic fishes. If that wasn’t expensive enough, then what about the NBA star’s tree house? The $400,000 custom made tree house consists of beautiful mahogany door, fire pit, complete with a bar and a poker table.

While the four-time NBA champion loves to go all out when he goes for shopping, he is also one of the most generous celebrities. Fans probably remember Shaq buying an engagement ring for a complete stranger. In addition, he also bought a laptop for fans, and once said that he loved brightening up people’s day.

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“A lot of people describe it as giving back. I describe it as doing what you’re supposed to do. You’re supposed to help those in need. If I’m somewhere and see somebody’s needing something, I’ll take care of it. My favorite places to go to are Best Buy and furniture stores.” said the Los Angeles Lakers star to People.

Why do you think Shaq bought the $235,000 house? Let us know what you think in the comments section below!