Shaq Net Worth 2023
How much is Shaq Worth?
Shaquille O’neal is an American former professional basketball player and was one of the wealthiest athletes in the world. Discover how he built his empire pre- and post-retirement from the National Basketball Association (NBA). As of 2023, Shaquille O’neal net worth is estimated at $400 million.
Famous quotes by Shaq include:
- “I’m like tax. You’re going to pay one way or the other.”
- “Me shooting 40% at the foul line is just God’s way to say nobody’s perfect.”
- As a youngster, my mother and father always drilled into my head having something to fall back on. My father was kind of funny. I’d score 40 points. I’d come home and say, “Look dad, I scored 40.” He’d never have a smile on his face. He’d be like, “I saw that move you did. What if you’d hurt your knee?”
|Born||Newark, New Jersey|
|Current location||Dallas, Texas|
|Education||LSU: (Bachelor); University of Phoenix (Master); Barry University: (Ed.D)|
|Occupation||Retired NBA player, Sports Analyst|
|Source of Wealth||NBA salary, Entrepreneur, Investor|
|Relationship status||Shaunie O’Neal (m. 2002 – 2011)|
|Net worth||$400 million|
|Last updated||February 2023|
How much money does Shaq make?
Here is an overview and rough estimate of Shaq salary, to include monthly, weekly, daily, and hourly income. Please keep in mind that the amount of money that he earns is taxable; in which, he falls under the highest tax bracket. Thus, financial planning plays a key role in establishing both short and long-term goals along the path to building wealth.
- Annual Income: $20 million
- Monthly Income: $1,666,000
- Weekly Income: $385,000
- Daily Income: $55,000
- Hourly Income: $2,300
How did Shaquille Oneal get rich?
Shaquille Oneal was able to get rich by developing multiple streams of income from playing in the NBA for 19 years and raking in millions from salary and endorsements from big-name companies such as Reebok, Burger King, PepsiCo, and JC Penny. He became even wealthier when he launched his own line of dietary supplement drinks called Shaq Fu Energy Drinks.
Shaq was also savvy with his personal investments in things like real estate and various business ventures, which have only added to his total wealth. All these things combined have led Shaquille Oneal to become extremely wealthy both on and off the court.
How Tall is Shaq?
A towering figure in the NBA, Shaquille O’Neal height is 7’1 feet and his frame precedes his reputation. But not many people know that this giant had humble beginnings. Discover how this outspoken basketball analyst started his career as a basketball player, eventually becoming a rapper, television show host, product endorser, entrepreneur, and philanthropist.
How old is Shaquille O’neal? Shaquille Rashaun O’Neal was born on March 06, 1972 (age 50), to parents Lucille and Joe Toney—a basketball player himself—in Newark, New Jersey. However, his father was imprisoned for most of his young life, with Shaq’s military stepfather stepping in to fill the gap.
His family had to move often due to his stepfather’s work, and Shaquille had lived in both the US and Germany before settling in San Antonio, Texas. As a senior high school student, he helped steer his team to the championship, attracting the attention of some basketball recruiters.
How Many Kids Does Shaq Have?
Shaquille Oneal, more commonly known as Shaq, has four children: Shareef O’Neal, Amirah O’Neal, Shaqir O’Neal, and Me’arah O’Neal. Shaq fathered these kids during his marriage to Shaunie Nelson, whom he was married to between 2002 and 2011.
Shaq’s oldest son is Shareef Rashaun O’Neal who was born in 2000 and is currently an American professional basketball player for the NBA G League. Amirah O’Neal was born in 2001 and Shaqir and Me’arah were born in 2003. Shaq also has a daughter from an earlier relationship with Arnetta Yardbourgh named Taahira. Shaq makes sure he spends time with all of his kids no matter how busy his schedule is.
What Teams Did Shaq Play For?
Shaq played for Louisiana State University (LSU) in 1991 and was named the College Player of the Year. He dropped out of college a year later to join the NBA draft. With his skills and height, Shaq was Orlando Magic’s first pick. He returned to LSU after a few years to earn a degree and has a bronze statue in the school’s basketball facility.
Shaquille Oneal basketball career spans 19 years of playing for six teams, namely:
1. Orlando Magic (1992–1996)
Shaq was touted as the best center player in his prime, winning the NBA Rookie of the Year in 1992-1993. He’s only the second player to cinch the spot after Michael Jordan, another NBA legend. The team won against the Houston Rockets to snag the 1995 Finals game.
2. Los Angeles Lakers (1996–2004)
Playing for the LA Lakers, Shaq teamed up with deceased NBA superstar Kobe Bryant, with whom he didn’t share a cordial relationship. Still, the team won the championships consecutively from 2000 to 2002—where Shaq was declared the Most Valuable Player.
3. Miami Heat (2004–2008)
Shaq joined the Miami Heat, where he played with another rising star, Dwayne Wade. The tandem snagged the NBA title in 2006, and O’Neal was traded in 2008 following an incident with a coach.
4. Phoenix Suns (2008–2009)
After his fourth championship with his former team Miami Heat, O’Neal was dealt to the Phoenix Suns. At this stage, his career started to decline after failing to improve the team’s standing.
5. Cleveland Cavaliers (2009–2010)
At 37, Shaq was the oldest NBA player while shooting for the Cleveland Cavaliers. This didn’t sit well with his career, as he suffered frequent injuries.
6. Boston Celtics (2010–2011)
The Boston Celtics signed O’Neal, but injuries continued to restrict his participation in the playoffs. Realizing he was no longer the brilliant player he once was, Shaq announced his retirement in June 2011.
Besides being the Rookie Player of the Year and a few MVP recognitions, Shaq has a spot in the NBA’s 50 greatest players.
Shaq’s Off The Court Endeavors
Shaq is known for several monikers, such as Superman, The Big Aristotle, Hobo Master, The Big Cactus, Shaq Fu, among many others. His basketball career did not stop him from exploring other interests, especially in the entertainment field. Apart from being a retired basketball player, O’Neal wears many hats, a few of which include:
- NBA analyst
Months following his retirement, Shaq joined Charles Barkley, Kenny Smith, and Ernie Johnson to host Inside the NBA. O’Neal renewed his contract on October 2022.
- TV show host
Branching out from basketball, The Big Aristotle also dabbled in other TV show formats, notably comedy and reality TV. The reality show Shaq Vs premiered in 2009, while Upload with Shaquille O’Neal aired for one season in 2013.
- Shaq as a Rapper
The Hobo Master rapped on the sidelines while playing basketball. Since 1993, he has released five albums with mixed reviews, although his debut album reached platinum status. He was featured as a rapper in one of Michael Jackson’s songs.
- Voice-Over Actor
O’Neal appeared in a few movies like Kazaam and has lent his voice to animated films. Shaq has had cameo roles in other artists’ music videos.
Since 2021, Shaq has adopted DJ Diesel as a stage name when spinning records. He released a single in 2022 and joins famous artists like Subtronics and Kaskade for this year’s Indy 500 Snake Pit.
- TV Actor
Besides acting in films, The Big Cactus has snagged cameo roles in numerous TV shows and animated series. Shaq and his mother appeared in a documentary about famous athletes and their mothers. Shaq also dabbled in mixed martial arts and professional wrestling, appearing in multiple World Wrestling Entertainment events.
The basketball legend established a foundation named after him to help underprivileged youth. Recently, he donated the $2 million proceeds from his non-fungible tokens (NFT) sales to fund 15 of his friends master’s education. He is also the national spokesperson for Boys And Girls Clubs of America and has been actively campaigning for the non-profit group for several years.
Shaqs Controversies And Lawsuits
As an outspoken person, Shaq has never been one to shy away from confrontations. And this has caused him a few tiffs with celebrities and run-ins with the law.
In January 2023, he and Charles Barkley expressed frustration over LA Lakers’ decision to take former player Washington Wizard Rui Hachimura. This didn’t sit well with Brooklyn Nets player Kevin Durant, who bashed O’Neal on Twitter.
Shaq, alongside other famous athletes, is currently facing a class action lawsuit for fraud following the bankruptcy of the cryptocurrency exchange platform FTX. He explained that he was just paid to endorse the firm in a recent interview and had no stake in the business.
These incidents are not new to the outspoken basketball legend. Interviewed by a courtside reporter in 2005, O’Neal pretended not to know Kobe Bryant as an insult to the deceased basketball superstar. However, they mended their relationship with a hug and a handshake in 2006. Shaq also spoke recently about a tense confrontation with Miami Heat’s head coach Pat O. Riley, which resulted in his departure from the team in 2008.
Shaquille Oneal at Forbes
shaq.com Shaquille O’neal official website