Shaquille O’Neal Could Not Build A $400 Million Empire Without Billionaire Jeff Bezos’ Investment Strategy

Shaquille O’Neal always had an extravagance about him. He was never someone who could go unnoticed even for a second. Shaq now after retirement, is not only one of the most influential sports personalities but also is among the richest. 

Shaq is worth around 400 million dollars which puts him in the list of the top 20 richest athletes in the world. Post-retirement he has also been an angel investor. He has widely put his money into different businesses in different sectors. He has his investments in diverse fields. All this makeup for his enormous net worth.

Shaq has also been an NBA analyst on different sports programs on TNT. Post-retirement he has also featured in different Hollywood movies and talk shows. He also has his own podcast. Apart from these, Shaq also DJays in concerts. All this also contributes to his net worth. However, his main business is to own other businesses and Shaq admitted that he is inspired by one of the richest people in the world.

WATCH THIS STORY: Five surprising things owned by Shaq.

Shaquille O’Neal followed Jeff Bezos’ investment strategy

Shaq once revealed how Jeff Bezos’ investment strategy was of huge help to him. In an interview with the Wall Street Journal back in 2019, Shaquille O’Neal said, “I heard Jeff Bezos say one time [that] he makes his investments based on if it’s going to change people’s lives,” and “once I started doing that strategy, I think I probably quadrupled what I’m worth.”

Shaq made approximately 300 million dollars from his 18 years in the NBA. He invested in almost everything and anything after understanding the scope of the future. From early stakes in Google to an empire of Vegas nightclubs and fast-food franchises like Five Guys, Auntie Anne’s, and Papa John’s. The empire of Shaq is so widely spread because of his brilliant business acumen and acute investment sensibility. 

“If something comes across my desk and I don’t believe in it, I don’t even look at it,” Shaquille O’Neal told the Wall Street Journal. “Whenever I do business, it’s not about the money.” From spending his first million dollars to make his mom and dad happy to be one of the richest athletes, Shaq has come a long way.

Read more: Shaq once spent his first million dollars in a single day.

He has always cared about the people and donated to charity and in his endless philanthropic work. He is no ordinary millionaire and there’s nothing average about the angel investor, Shaquille O’Neal.