• Football
  • Boxing
  • UFC
  • Home
  • Football
    • England
    • Transfer News
    • Premier League
    • Champions League
    • Lionel Messi
    • Cristiano Ronaldo
    • EA FC 25
    • Wrexham
  • Boxing
    • Tyson Fury
    • Anthony Joshua
    • Oleksandr Usyk
    • Mike Tyson
    • Jake Paul
    • Logan Paul
  • UFC
    • Dana White
    • Conor McGregor
    • Khabib Nurmagomedov
    • Jon Jones
    • Paddy Pimblett
    • Joe Rogan
  • Other Sport
    • Athletics
    • Formula 1
    • MMA
    • Motorsport
    • NBA
    • Darts
    • NFL
    • Snooker
    • Wrestling
    • Tennis
    • Cricket
    • Golf
  • Advertise
  • Terms
  • Privacy & Cookies
  • LADbible Group
  • LADbible
  • UNILAD
  • GAMINGbible
  • Tyla
  • UNILAD Tech
  • FOODbible
  • License Our Content
  • About Us & Contact
  • Jobs
  • Latest
  • Topics A-Z
  • Authors
Facebook
Instagram
X
Threads
Snapchat
TikTok
YouTube
Shaq has revealed strict rule his kids must follow to get share of his $500,000,000 fortune

Home> NBA

Published 19:44 17 Apr 2025 GMT+1

Shaq has revealed strict rule his kids must follow to get share of his $500,000,000 fortune

NBA great Shaquille O'Neal isn't making inheritance easy

Chris Nee

Chris Nee

Shaquille O'Neal is holding his offspring to high standards if they're to enjoy a slice of a $500 million pie.

The basketball icon has been a master of building his fortune and his reported wealth is enough to keep his children and their children in an extremely comfortable manner without any of them needing to lift a finger for their entire lives.

O'Neal isn't having any of it. As he once told US chat show host Ellen DeGeneres: "My most famous rule is: in order to touch any of my cheese, you have to present me two degrees."

And when Shaq says two degrees, he means two degrees.

Advert

The four-time NBA champion played for Orlando Magic, Los Angeles Lakers, Miami Heat, Phoenix Suns, Cleveland Cavaliers and Boston Celtics and is among the most recognisable names and faces in global sport.

If his kids, all now adults, are to share in the wealth he's amassed in a life of stardom, they'll need to earn it.

He told 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.

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

Shaquille O'Neal
Shaquille O'Neal

As enjoyable as it is to imagine a couple of young adults in suits that are slightly too big presenting a business idea to seven feet of father, it's clear that O'Neal has no truck with the idea of celebrity in general, never mind inherited notoriety.

Whatever his motivational methods, Shaq wants the best for his kids and knows that nothing good comes easy.

"Listen, I got six kids," he added.

"I would like a doctor, somebody to own a hedge fund, a pharmacist, a lawyer, someone that owns multiple businesses, someone to take over my business. But I tell them I'm not going to hand it to you. You gotta earn it."

O'Neal earned it. He was a stalwart center in the NBA for two decades, a 15-time NBA All-Star with his number retired by no fewer than three teams.

With chops like that, his remarkable success in business after his basketball career shouldn't have surprised anyone.

Featured Image Credit: Getty

Topics: NBA, Shaquille ONeal

Chris Nee
Chris Nee

Advert

Advert

Advert

Choose your content:

3 days ago
5 days ago
  • Getty
    3 days ago

    LeBron James Issues Furious Statement on 'Disrespectful' Hall of Fame Snub

    The LA Lakers icon did not hold back when offering his thoughts.

    NBA
  • Getty
    5 days ago

    Fox Sports Host Slammed For 'Unhinged' Post After Alex Pretti Killing

    Alex Pretti, a 37-year-old NCU nurse, was shot and killed by a federal officer shot in Minneapolis on Saturday afternoon.

    NBA
  • Getty
    5 days ago

    Donald Trump Slammed For 'Tone Deaf' NFL Post After Alex Pretti Shooting

    Trump has been active on Truth Social over recent days.

    NBA
  • Getty
    5 days ago

    NBA Fan Interrupts Moment of Silence For Alex Pretti With Two-Word Chant

    Pretti, 37, was shot dead by a federal ICE agent in Minnesota on Saturday.

    NBA
  • NBA legend Shaq had controversial parenting rule for his sons that he didn't make his daughters follow
  • Shaq wrongly reports player has died as Inside The NBA forced to issue public apology
  • Shaq revealed plan for incredible NBA vs NFL boxing event as he 'accepts fight'
  • Donald Trump once offered Shaq insane amount of money to take part in 1v1 game