Shaq's current net worth is $350,000,000

[Force]

According to Bloomberg. Pretty impressive and this is after his ex wife got hers.

http://www.bloomberg.com/video/shaqonomics-shaq-explains-how-to-handle-success-2qkafuJ2RU6FMtfNraqn2w.html

Quick 2 minute video on different businesses Shaq is cashing in on. I knew he had a lot of businesses but wasn't aware of some of these ones. Think of how much of his money is his old money still.

[SilkkTheShocker]

He made most of that in college

[JUDGE WITNESS]

He made most of that in college
selling bbq chicken? :confusedshrug:

[Foster5k]

According to Bloomberg. Pretty impressive and this is after his ex wife got hers.

http://www.bloomberg.com/video/shaqonomics-shaq-explains-how-to-handle-success-2qkafuJ2RU6FMtfNraqn2w.html

Quick 2 minute video on different businesses Shaq is cashing in on. I knew he had a lot of businesses but wasn't aware of some of these ones. Think of how much of his money is his old money still.
Have to love capitalism. Truly, anyone with a real desire to be rich can become rich.

[tjgoHAM]

http://i.imgur.com/l4lWo7l.gif

[Marlo_Stanfield]

capitalism:facepalm :facepalm
truly disgusting how much money one person can make just by being a good basketball player and in shaqs case just by being a curiosity of nature:facepalm :facepalm

[Force]

Have to love capitalism. Truly, anyone with a real desire to be rich can become rich.

I wouldn't say anyone, but yes, most people are too afraid to try or give up too quickly after failing. Listen to the stories of so many people who made it big and it's a recurring theme.

[moe94]

http://i.imgur.com/l4lWo7l.gif
:rockon:

[r15mohd]

According to Bloomberg. Pretty impressive and this is after his ex wife got hers.

http://www.bloomberg.com/video/shaqonomics-shaq-explains-how-to-handle-success-2qkafuJ2RU6FMtfNraqn2w.html

Quick 2 minute video on different businesses Shaq is cashing in on. I knew he had a lot of businesses but wasn't aware of some of these ones. Think of how much of his money is his old money still.

i believe he was taking his salary directly to his savings to collect interest all the while he spent his endorsement money on whatever else, over his contracted years.

also, i did hear he had initial spending issues and someone quickly got a hold of him, and corrected those concerns


Shaq's smart though...he's not going to wash it away like many irresponsible athletes have done, glad for him

[Force]

capitalism:facepalm :facepalm
truly disgusting how much money one person can make just by being a good basketball player and in shaqs case just by being a curiosity of nature:facepalm :facepalm

oh please...

Many people have made money playing sports. Shaq was smart with his money. all that endorsement money he made from the get go, it's never stopped and it's been 20 years already. His payless and walmart Dunkman shoes were the best sellers in the entire world. They weren't $100 a pair but made him a ton of money. Five Guys Burgers, 24 hour fitness, various projects we never hear about. Car Washes, His own line of "you name it".... Shaq is a role model to other nba players, we need to applaud the ones who get wealthy and make a real impact because it's a shame that so many athletes go broke. Shaq says he learned from Magic and all the moves he made.

[Force]

i believe he was taking his salary directly to his savings to collect interest all the while he spent his endorsement money on whatever else, over his contracted years.

also, i did hear he had initial spending issues and someone quickly got a hold of him, and corrected those concerns


Shaq's smart though...he's not going to wash it away like many irresponsible athletes have done, glad for him

Yeah I heard that story many times over the years. Supposedly he has never seen a penny of his NBA salary, he never touched it and has played with house money from day one. There is another video of him talking about how he blew a million dollars in a week when he first got money, you could probably dig it up online it's a couple years old.

Allen Iverson's butt got saved. He's got 30m from Reebok that hasn't even started paying him yet. I think it kicks in at a certain age and is spread out over many years, set up as a retirement type of fund. a friend of his told him to do it so he wouldn't go broke, so despite all the things we heard about AI over the years, he still has that money coming to him.

[Mr. Jabbar]

:applause: :applause: :applause:

[played0ut]

capitalism:facepalm :facepalm
truly disgusting how much money one person can make just by being a good basketball player and in shaqs case just by being a curiosity of nature:facepalm :facepalm

You gotta respect someone who capitalizes on his assets to make money (I personally wish he worked more on his potential during his career lol).

Dont forget either his business ventures and investments probably created more jobs and made other people money, as a by product of his work.

[played0ut]

Every new NBA player should learn from him.

[inclinerator]

rich

[Nikola_]

http://s10.postimg.org/xavoicmrd/vlcsnap_2013_12_22_22h54m06s137.png

dat connection

[AnaheimLakers24]

capitalism:facepalm :facepalm
truly disgusting how much money one person can make just by being a good basketball player and in shaqs case just by being a curiosity of nature:facepalm :facepalm
broke hating loser alert

[SexSymbol]

Nobody in the world should make more than one million a year.

[inclinerator]

Nobody in the world should make more than one million a year.
stfu

[JimmyMcAdocious]

The only thing more overrated than money is health and friendship.

[Bl]

Nobody in the world should make more than one million a year.
says you ?
Beta attitude
salty as a bag of BBQ chicken chips

stay classy

[aj1987]

Nobody in the world should make more than one million a year.
:facepalm


You have some of the stupidest posts on this board.

[Jailblazers7]

Seems like a genuinely smart guy who takes a personal interest in his investments. Kudos to Shaq. :cheers:

[NumberSix]

Nobody in the world should make more than one million a year.
This marxist mentality is why your area of the world is garbage. You'd rather stay poor and living in squaller than see some people get very rich.


As the legendary Margaret Thatcher said...

"He would rather the poor were poorer, provided the rich were less rich"

[Fox]

Lol he aint got nothing on Money Mayweather

http://oi59.tinypic.com/sd3dro.jpg

[Marlo_Stanfield]

broke hating loser alert
get over yourself, beanbreath

[Marlo_Stanfield]

This marxist mentality is why your area of the world is garbage. You'd rather stay poor and living in squaller than see some people get very rich.


As the legendary Margaret Thatcher said...

"He would rather the poor were poorer, provided the rich were less rich"
shut the fuq up.
aint nothing marcist about saying no one should make more than 1 million a year.
if you make 1 million a year and work 5-10 years you have more money than a sane human should ever spend.
freaking americans

[FireDavidKahn]

What's funny (or sad) is that it's so much easier to get richer once you already are rich than it is to break into the "rich" category being a nobody. All NBA players have to do is save a big chunk of their money and then find a high profile investor and then they are set for life.

[SamuraiSWISH]

This Just In ... News @ 11 ... Rich man is RICH

[inclinerator]

Lol he aint got nothing on Money Mayweather

http://oi59.tinypic.com/sd3dro.jpg
shaq is richer than floyd, check their networth

[aj1987]

shut the fuq up.
aint nothing marcist about saying no one should make more than 1 million a year.
if you make 1 million a year and work 5-10 years you have more money than a sane human should ever spend.
freaking americans
I remember you saying that you're from Baltimore. US >>>> EU, BTW.

[secund2nun]

Have to love capitalism. Truly, anyone with a real desire to be rich can become rich.

No they can't. Shaq would be poor or middle class if not for his freak genetics. You can't take more than you need without taking resources that someone else would use for necessities .

[aj1987]

No they can't. Shaq would be poor or middle class if not for his freak genetics. You can't take more than you need without taking resources that someone else would use for necessities .
You don't think if he went a different path, he could've been a successful entrepreneur?

[nosfan773]

He made most of that in college

https://www.youtube.com/watch?v=GqjNCCgdtQw

[KyleKong]

selling bbq chicken? :confusedshrug:

How have you not seen BASEketball?

[moe94]

I remember you saying that you're from Baltimore. US >>>> EU, BTW.

Even if he was from there, why would he pretend like it's only an American thing when footballers make 200k in a week?

[secund2nun]

You don't think if he went a different path, he could've been a successful entrepreneur?

If by successful you mean ordinary successful man down the street making a few hundred thousand a year then possibly (though I still think lower or middle class), but definitely not a net worth of 350 million.

[Bless Mathews]

capitalism:facepalm :facepalm
truly disgusting how much money one person can make just by being a good basketball player and in shaqs case just by being a curiosity of nature:facepalm :facepalm
You're a fuccin idiot.

How many hundreds of millions of dollars did old white people make off Shaq just because they wanna make money?


Fucc you fuccing idiot.

[kNIOKAS]

I wouldn't say anyone, but yes, most people are too afraid to try or give up too quickly after failing. Listen to the stories of so many people who made it big and it's a recurring theme.
Listen to the stories of people who failed. They couldn't let it go.

[ILLsmak]

I wouldn't say anyone, but yes, most people are too afraid to try or give up too quickly after failing. Listen to the stories of so many people who made it big and it's a recurring theme.

anyone with a 10+ million nest egg lol. It's more ridic that these dudes can burn through that kind of money. Even bench warmers in the NBA should be set for life if they invest wisely and live within their means.

But lol at effort being the key to becoming rich. To become rich... I mean there are positions like the NBA where it is a direct competition, but then in life there is also competition for the money... except not everyone plays that way. Meaning, the competition is 'outside of the lines.'

If you think of money and assign an equal dollar value to everyone (not exactly how it works, but I think it's closer, at the core, than you think) then you realize in order to get rich you have to continually usurp other people's money and collect it for yourself. Some people just don't do that.

But the good thing about sports is that it is what it is. The best competitors get the money. GG. The rules are set.

-Smak

[It's A VC3!!!]

He owns 155 five guys. Wow. I also reckon that he didn't have a lot of stake into google pre-IPO otherwise he'd have a lot more than $350m. Pretty impressive to be earning $20m+ post basketball though.

[NumberSix]

shut the fuq up.
aint nothing marcist about saying no one should make more than 1 million a year.
if you make 1 million a year and work 5-10 years you have more money than a sane human should ever spend.
freaking americans
Wealth doesn't create itself. Coach potato hippie stoners don't create it either.


What would be your solution? Once somebody ears a certain amount of money, make it illegal for them to work anymore? Who decides what the limit someone can earn a year is? You?



Fυcking idiot.





#voteUKIP

[AnaheimLakers24]

lebeta stans mad as **** over a rich man. stay broke and hungry you foreign losers.

[NumberSix]

lebeta stans mad as **** over a rich man. stay broke and hungry you foreign losers.
Capitalists = lions
Communists = lambs


Lambs want us to believe we're all equal because its in THEIR interests. They get get to be on the same level as the lions. Lions have no need for this ideology.

[Marlo_Stanfield]

Even if he was from there, why would he pretend like it's only an American thing when footballers make 200k in a week?
i find it fuqing retarded that footballers make so much,.
thats the reason they switch teams so often too:facepalm :facepalm
i wish they were making max 1-2 million a year, more than enough for doing sports

[Marlo_Stanfield]

You're a fuccin idiot.

How many hundreds of millions of dollars did old white people make off Shaq just because they wanna make money?


Fucc you fuccing idiot.
this is not black vs white thing dummy:facepalm :facepalm :no:

[Marlo_Stanfield]

Wealth doesn't create itself. Coach potato hippie stoners don't create it either.


What would be your solution? Once somebody ears a certain amount of money, make it illegal for them to work anymore? Who decides what the limit someone can earn a year is? You?



Fυcking idiot.




#voteUKIP
no just a certain limitation how much a single person makes in one year.
but yeah people who make 50 million a year deserve it since they work 5000 times as hard and as much as the average guy right??
dat bush avy:roll: :roll: :roll:

[NumberSix]

i find it fuqing retarded that footballers make so much,.
thats the reason they switch teams so often too:facepalm :facepalm
i wish they were making max 1-2 million a year, more than enough for doing sports
Why? What's in it for you?

What kind of loser looks at another person and thinks to himself "I wish that guy made less money" for no reason?

[NumberSix]

no just a certain limitation how much a single person makes in one year.
but yeah people who make 50 million a year deserve it since they work 5000 times as hard and as much as the average guy right??
dat bush avy:roll: :roll: :roll:
There's no such thing as "deserve". That would require the existence of some entity who has the authority to decide what's appropriate or inappropriate.

Maybe an centralized authority who makes such decisions sounds good to Marxists such as yourself, but I prefer freedom.

[GimmeThat]

I'd say stay away from opening business he doesn't know much about.

In terms of his brand image, very well done.

:applause: :applause: :applause:

[deja vu]

He doesn't have that much money lying around. In fact pretty much all rich people don't have more than a few million in cash in their hands; almost all their wealth are tied up in assets such as properties and stocks. Which is a good thing because cash loses value quickly and gets taxed a lot.

If you guys want to know how to get rich, you can get a copy of How to Get Rich by Felix Dennis. Absolute best book on the subject.

[oarabbus]

no just a certain limitation how much a single person makes in one year.
but yeah people who make 50 million a year deserve it since they work 5000 times as hard and as much as the average guy right??
dat bush avy:roll: :roll: :roll:


Come on man, then what's the incentive to make something truly great? To oversimplify an issue, computers wouldn't have developed to the point they did if Bill Gates didn't have a vision. So what, he only deserves $1mil/year max? It's arbitrary and doesn't make sense.

You're in Germany, right? Last I checked there aren't any limitations on how much money you can have there :confusedshrug:

[Bless Mathews]

this is not black vs white thing dummy:facepalm :facepalm :no:
You're a racist , so it does.

This is in response to you typing he shouldn't get paid.

Who should then? The owners of reebok, magic, lakers, gold bond, Arizona ice tea, etc etc etc.

You are an idiot.

Complete bafoon. RetOarded.

Mentally handicapped. Stop typing while your ahead.

[NumberSix]

You're a racist , so it does.

This is in response to you typing he shouldn't get paid.

Who should then? The owners of reebok, magic, lakers, gold bond, Arizona ice tea, etc etc etc.

You are an idiot.

Complete bafoon. RetOarded.

Mentally handicapped. Stop typing while your ahead.
He's a communist. He doesn't believe in market value. He believes some 3rd party centralized authority should dictate what everything's value is.

[Lonely_Sandberg]

I wonder what that looks like in cash....


http://cdn29.elitedaily.com/wp-content/uploads/2013/05/diaper2.jpg

[Bless Mathews]

He's a communist. He doesn't believe in market value. He believes some 3rd party centralized authority should dictate what everything's value is.
An idiot.

I'll pay for him to come here and he can wash my dishes.

Ho.

[bigkingsfan]

Still getting royalty from Kazaam.

[I<3NBA]

from a Facebook post

Shaquille O’neal’s long career in the NBA has yielded quite a few dividends for his life. Clearly, he’s become wealthy, but it might not have been that way were it not for some meaningful intervention. An article on TimeToFocus.com describes it accurately by stating that Shaq spent his first million dollars within 30 minutes of joining the league.
This led to a call from Shaq’s banker, who warned him to get it together or end up broke like so many other former athletes. As a result, O’neal decided to become educated in money and finance. He went back to school and got both his bachelor’s degree and MBA. He eventually got his EdD, making himself Dr. Shaquille O’neal.
Now, according to TimeToFocus, Shaq’s financial life is flourishing:
As of today, Shaq is the joint owner of 155 Five Guys Burgers restaurants, 17 Auntie Annie’s Pretzels restaurants, 150 car washes, 40 24-hour fitness centers, a shopping center, a movie theater, and several Las Vegas nightclubs.
In addition to his business holdings, O’neal still earns $22 million per year (roughly $423,000 per week) from his endorsement deals with Arizona Creme soda, Icy Hot, Gold Bond, Buick, Zales, and at least a half dozen additional corporate sponsors. He is also a studio analyst for TNT.
In Shaq’s own words, “It is not about how much money you make. The question is are you educated enough to KEEP it.”

how much would be his net worth if he wasn't gifted genetically? let's say he's just a regular black man.

would he have the money to go to school and get his MBA? would he even finish his school or have some banker advising him?

ppl don't realize it, but it's easier to grow richer when you have the money to invest. most people's problems start with how to get that break to get over the hump. ofc there are losers that blow their chances when they get into some big money. but most ppl never get the chance to get over that hump.

even the rags to riches stories always have those people getting a big break to start them off. luck plays a part. not just hard work and perseverance.

[deja vu]

Shaq may look like a buffoon at times but he's wise with his money. Iverson, Pippen, Rodman and other broke retired players would have benefited from his knowledge in managing and investing money.

[NumberSix]

how much would be his net worth if he wasn't gifted genetically?
Who cares? How much would a genius be worth if he wasn't gifted genetically with a high IQ? We're not all equal. Some of us have advantageous genetics. Get over it.

[Bless Mathews]

Who cares? How much would a genius be worth if he wasn't gifted genetically with a high IQ? We're not all equal. Some of us have advantageous genetics. Get over it.
Slayed.

Game

Set

Match

[avonbarksdale]

Who cares? How much would a genius be worth if he wasn't gifted genetically with a high IQ? We're not all equal. Some of us have advantageous genetics. Get over it.


seriously

in a capitalist society there is inequality of both condition and opportunity

that in itself is what leads to a separation of classes

[JohnFreeman]

"thats Barbecue Chicken Ernie"

[tjgoHAM]

shaq's value: 350 mil
oprah's value: 5 bil
bill gates value: 25 bil


the value of being uniquely you: priceless

[I<3NBA]

Who cares? How much would a genius be worth if he wasn't gifted genetically with a high IQ? We're not all equal. Some of us have advantageous genetics. Get over it.
my point is, why push the idea that getting rich is PURELY hard work and perseverance when it's clearly not?

it's part luck and part hard work.

[BurningHammer]

Reminds me of Magic Johnson.

[SexSymbol]

This marxist mentality is why your area of the world is garbage. You'd rather stay poor and living in squaller than see some people get very rich.


As the legendary Margaret Thatcher said...

"He would rather the poor were poorer, provided the rich were less rich"
That's why whole UK was happy to see Thatcher die. She sucks, you quoting her is like me quoting Stalin and being happy about it.
I mean it, nobody in the world should have more than 1 million, as a lot of people don't have the opportunity to make it. There's way more luck than anything in achieving huge amounts of money.
All you "alphas" and so on don't realize how hard life is in 3rd world countries.
If Shaq donated 200 millions of his networth he would save hundres of thousands of lives and would still be able to live a lavish lifestyle. Are lives now just statistics to you, fakkits?

[jamal99]

http://d24w6bsrhbeh9d.cloudfront.net/photo/aG9rdZw_460sa.gif

[Le Shaqtus]

http://d24w6bsrhbeh9d.cloudfront.net/photo/aG9rdZw_460sa.gif

That Shaq gif gets me every time :oldlol:

[moe94]

http://d24w6bsrhbeh9d.cloudfront.net/photo/aG9rdZw_460sa.gif
:roll:

[Bless Mathews]

http://d24w6bsrhbeh9d.cloudfront.net/photo/aG9rdZw_460sa.gif
:applause: :roll:

[oarabbus]

my point is, why push the idea that getting rich is PURELY hard work and perseverance when it's clearly not?

it's part luck and part hard work.


I don't think anyone pushes the idea that getting rich is PURELY hard work. I think it's generally accepted that you CAN get rich through purely hard work, but most rich people got there through a combination of luck/circumstances and hard work.

[Sharmer]

In the modern world, Chile is very much communist state. The state produce the vast majority of GDP.

Very few actually understand Marxism or communism. Today's capitalist don't even understand who Adam Smith was.

[SpanishACB]

when you have lots of money making more is not a matter of being smart, it's a matter of not being a dumb ass.

with the amount of areas in need of investment now a day you just have to make the right choices, or hire the right people to make those choices for you. And there's plenty.

needless to say, shaq also had popularity to go with him, many of his "endorsements" also included a marketing campaign in which he was featuring, which kind of put the endorsement in a secure spot for the company seeing as shaq is famous world wide.

[MostHated305]

Re: Shaq's current net worth is $350,000,000

BRB.....gotta go get rich....

[MostHated305]

Re: Shaq's current net worth is $350,000,000

:biggums:

BRB.....gotta go get rich....

[STATUTORY]

http://d24w6bsrhbeh9d.cloudfront.net/photo/aG9rdZw_460sa.gif

:roll: :roll: :roll: :roll: :applause:

legit died watching that

[NumberSix]

That's why whole UK was happy to see Thatcher die. She sucks, you quoting her is like me quoting Stalin and being happy about it.
I mean it, nobody in the world should have more than 1 million, as a lot of people don't have the opportunity to make it. There's way more luck than anything in achieving huge amounts of money.
All you "alphas" and so on don't realize how hard life is in 3rd world countries.
If Shaq donated 200 millions of his networth he would save hundres of thousands of lives and would still be able to live a lavish lifestyle. Are lives now just statistics to you, fakkits?
It's not that I don't understand. It's that I don't care.


Countries like the UK industrialized and became wealthy nations. Nobody forced 3rd world countries to not succeed.

[dunksby]

capitalism:facepalm :facepalm
truly disgusting how much money one person can make just by being a good basketball player and in shaqs case just by being a curiosity of nature:facepalm :facepalm
Aren't you a LeBron fan? :confusedshrug:

[Force]

from a Facebook post


how much would be his net worth if he wasn't gifted genetically? let's say he's just a regular black man.

would he have the money to go to school and get his MBA? would he even finish his school or have some banker advising him?

ppl don't realize it, but it's easier to grow richer when you have the money to invest. most people's problems start with how to get that break to get over the hump. ofc there are losers that blow their chances when they get into some big money. but most ppl never get the chance to get over that hump.

even the rags to riches stories always have those people getting a big break to start them off. luck plays a part. not just hard work and perseverance.

This is a terrible post.

[MavsSuperFan]

well deserved, one of the greatest talents of all time.

He is unlucky though that he didnt get to beat up on weak 60s competition and for that reason some people dont rank him as highly as they should.

[MavsSuperFan]

shaq's value: 350 mil
oprah's value: 5 bil
bill gates value: 25 bil


the value of being uniquely you: priceless

bill gates net worth is $77 billion you are short changing him by about $52 billion
http://www.forbes.com/profile/bill-gates/

at his peak he reached $100 billion.

Oprah has a net worth of $2.9 billion
http://www.forbes.com/profile/oprah-winfrey/

[AT9]

When you save and invest smartly (you don't have to be super lucky or a finance expert), money is a great tool for making more money.

Good on Shaq for using that to his advantage. Also, it's not like he's spending all his net worth on personal luxuries as he pisses on poor people. He's investing it in business that help provide jobs and services for other people and even the money he spends is helping support businesses and other jobs. You occupy people need to get a grip.