Shaquille O’Neal’s Kids Can’t Understand Why He Won’t Share $400 Million Fortune

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Shaquille O’Neal is famous for his stance on his money and the way he distributes it.

He’s always said that, of course he will look after his children, but he certainly won’t let them grow up rich.

Unfortunately for them, they can’t understand why.

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Now, there’s no doubting that Shaquille O’Neal is one of the most dominant forces in basketball.

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With a career that has spanned over nineteen long years, O’Neal is considered a legend in the sport.

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After spending his childhood playing basketball, Shaq went on to drop out of college to pursue a full-time career in the NBA.

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In his rookie years, he was christened as “Shaq” and went on to become one of the top 10 players when it came to scoring, rebounding, and shooting.

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Standing proudly at 7ft 1″ tall, the star quickly became one of the most sought-after players in the game.

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Shaq became the first-ever player in NBA history to be named “Player of the Week” in his 1st week in the professional leagues.
He also went on to sign the biggest contract in NBA history in the past 7 years with the Los Angeles Lakers for a whopping $120 million.

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By the time the 2000s came around, he was named NBA’s “Most Valuable Player”…

And he had already been awarded a place on the All-NBA First Team in 1998; a place he secured until 2006.

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But his feud with the legendary Kobe Bryant stole the spotlight for a long time…

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As any NBA fan will know, the former L.A Lakers players had a controversial relationship after Kobe discussed Shaq’s work ethic during an interview at the PHP Agency Convention in Las Vegas, as per Fox Sports.

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However, after years of feuding, the pair called a truce.

In 2019, before his tragic passing, Kobe posted this tweet that quashed all the rumors surrounding the so-called “beef” between the 2.
“There is no beef with @SHAQ I know most media want to see it but it ain’t gonna happen. Ain’t nothin’ but love there and we too old to beef anyway.”

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Away from the basketball court and media rumors, Shaq has been well known for his hard work and dedicated ethic.

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As per his website, “Shaquille O’Neal’s off-court accolades rival his athletic accomplishments, having found success in acting, music, television, and gaming. Currently, Shaq is an analyst on Inside The NBA.”

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“Philanthropically, Shaquille’s relationship with the Boys & Girls Club of America dates back to his youth in New Jersey. As a national spokesperson for the Boys & Girls Clubs of America, he has been participating in campaigns with the non-profit company for the past fifteen years.”

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So putting aside all the fame and glamor…

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It seems as if Shaq is a pretty decent guy!

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And not too long ago, the basketball pro stepped in to help out a complete stranger.

When Shaq was seen in a jewelry store paying for an engagement ring for a stranger… and the internet has been left feeling heart warmed over the generous act.

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The video shared on social media shows Shaq stepping in for a young man with his credit card at the jewelry store checkout…

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And he’s seen shaking the man’s hand and rubbing his shoulder.

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He then addressed the incident himself.

“I saw the guy come in, he was just so shy,” Shaq said. “He was saying, ‘Hey, how much do I owe to pay off the ring.'”

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“At first he didn’t want to take it,” Shaq continued.

“He was like, ‘Man I can’t do that.’ But I told him, ‘Don’t worry about it, I do it all the time.'”

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He then said that although he didn’t mean for the moment to become public, helping strangers is something he tries to do regularly.

“I’m into making people happy,” Shaq explained, “Whenever I leave the house, I just try to do a good deed. I didn’t mean for that to get out, because I don’t do it for that, but the guy just came in. He was a hard-working guy. I’m just trying to make people smile.”

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So as you can tell, Shaq is a very generous guy.

And he’s quite the family man too. But in the words of the basketball giant himself, “I’m rich, my kids ain’t.”

This is all part of Shaw’s ethos. He doesn’t want his children to grow up spoilt, so while he will help them, he won’t just let them live as rich kids.

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Shaq has around $400M in the bank.

So while he doesn’t mind paying for the occasional dinner, he isn’t going to be a long-term bank of dad.

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Although his kids can’t understand why.

He explained on the Earn Your Leisure podcast:
“My kids are older now. They kinda upset with me – not really upset – but they don’t understand. Because I tell them all the time. We ain’t rich. I’m rich. You’ve got to 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… bring it to me, I’ll let you know. I’m not giving you nothing.”

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“There’s one rule: education. I don’t care if you play basketball. I don’t care about none of that.”

Amen Shaq.

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