Shaquille O’Neal has been able to amass significant wealth since his basketball playing days, a feat that eludes many retired athletes. The Hall of Famer has expanded his empire through broadcasting, advertising, and investments in the sports world.
In a recent interview, the former Lakers star shared a business secret he learned from billionaire Jeff Bezos, which he applied in his latest investment in Campus, an online community college startup, back in March.
Speaking to Fortune, Shaq explained his decision to invest in Campus, believing in its potential to positively impact people’s lives, drawing inspiration from Bezos’s investment philosophy.
What Shaq learned from Jeff Bezos pic.twitter.com/FzMiOHj20A
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Reflecting on Bezos’s advice, O’Neal emphasized the importance of investing in life-changing ventures rather than just seeking financial returns, stating his belief in access to quality education for everyone.
Shaquille’s business decisions have been influenced by Jeff Bezos before, as he opted out of bidding for the Phoenix Suns in 2022 to avoid competing with the Amazon founder and other major players expressing interest in the sports franchise.
Now focusing on impact investment, Shaq values investments that align with his beliefs and vision for changing lives, which has significantly increased his net worth.
The Hall of Famer stirred controversy by naming Rudy Gobert as the “Worst Player of all Time,” despite Gobert’s success
Despite Rudy Gobert’s accolades and status as a key player for the Timberwolves, Shaquille O’Neal controversially labeled him as the worst player of all time, sparking a social media response from the French center.
Rudy expressed disappointment in Shaq’s comments, highlighting the unnecessary focus on finances and accomplishments to stay relevant in the industry. Gobert’s response maintained a composed tone, addressing the criticism without causing unnecessary conflict.
While Gobert has faced criticism for his performance in the past, Shaq’s comparison to some of the worst players in NBA history took the criticism to a new level. The controversy unfolded during O’Neal’s appearance on a podcast show with his son, Myles O’Neal, for Complex.