$400M Rich ‘Grown Ups 2’ Star Shaquille O’Neal Leaving Kids Penniless: “We ain’t rich. I’m rich”
Shaquille O’Neal is regarded as an NBA legend for his exceptional basketball career and for being one of the most successful basketball players of all time. The player has been awarded a place in the Basketball Hall of Fame and has truly earned his spot in the basketball world. The player has a whopping net worth of $400 million however, he does not plan to share it with his kids.
In his recent appearance on the Earn Your Leisure podcast, the NBA star said his kids would not get a free pass just because their father is wealthy.
About Shaquille O’Neal
Shaquille O’Neal is an ace basketball player, who started at a young age. The player had a long span of career for over 19 years, during which he played for teams including Orlando Magic, Los Angeles Lakers, and Miami Heat. With the immense success of the player and actor, he also amassed an incredible amount of wealth.
The brilliant O’Neal has also tried his hand at acting in movies like Steel, Blended, and Grown Ups 2, among others. He also tried his hand at music production and some other businesses after he retired from NBA in 2011.
Uncle Drew star was brought up in a financially weak family from Newark, New Jersey. As the sportsman has seen hardship from a young age, he appreciated the value of hard work and money. He also believes that no one should have things handed to them in life and they should work to afford the luxuries. O’Neal had the same thought for his children also.
NBA’s former center is married to Shaunie O’Neal and has six children Taahirah, Myles, Shareef, Amirah, Shaqir, and Me’arah O’Neal.
Shaquille O’Neal’s shocking decision for his six children
NBA star recently revealed that he will not be sharing his $400M fortune with his children. The NBA legend, who has a massive net worth, also admits his children don’t understand his decision and it is not surprising. He also shared that as they are processing the news, they are not pleased with the decision.
Shaquille O’Neal shared in the Earn Your Leisure podcast,
“My kids are older now. They’re kinda upset with me. Not really upset, but they don’t understand,”
“I tell them all the time: ‘We ain’t rich. I’m rich. You gotta have bachelor’s or master’s [degrees], and then if you want me to invest in one of your companies, you’re going to have to present it, boom boom boom, bring it to me. I’ll let you know, I’m not giving you anything.”
Even though Shaquille O’Neal has amassed a massive amount with several endorsements and businesses, the sportsman is still a very down-to-earth person.
Shaquille O'Neal has explained why he won't share his $400M fortune with his children…he said 🗣️"My kids are older now. They kinda upset with me, I tell them all the time, we ain't rich. I'm rich.💯💸😤
Good or Bad Parenting?? Thoughts? 💭 pic.twitter.com/BHG56qYM84
— Raphousetv (RHTV) (@raphousetv2) April 12, 2023
He shared in New York Post,
“I came from nothing. But, just because I made it doesn’t mean I’m bigger than you, smarter than you – just because I have more money doesn’t mean I’m better than you.”
He added that he has never been selfish and arrogant and will never be that way ever. He shared that he wants his children to figure out their paths in life.
What Men Want actor insists that his children need to figure out their path in life. He said,
“Listen, I got six kids. I would like a doctor, somebody to own a hedge fund, a pharmacist, a lawyer, someone that owns multiple businesses, and someone to take over my business. But I tell them I’m not going to hand it to you. You gotta earn.”
O’Neal shared that he has seen an entrepreneurial spirit in his children and wants them to figure out their paths in life individually.
Source- Twitter
