Arnold Schwarzenegger refused to financially support his son after he finished college

Arnold Schwarzenegger's son Joseph Baena says his father refused to financially support him after he graduated from college.

The 25-year-old is the son of former bodybuilder 'Arnie' and his former housekeeper Mildred Baena, who was reportedly pregnant with her son when Schwarzenegger’s ex-wife Maria Shriver was expecting their fourth child.

Baena eventually found out the Austrian-American actor was his father in 2011, when his grandmother sat him down to explain the details. He's since said it was the moment his life was ‘transformed’.

Joseph has followed in the footsteps of his father in many ways. He's an aspiring actor and a bodybuilder but his day-to-day life revolves around real estate.

It was a job that helped pay the bills after his financial support ended after graduating from college.

"I’m really grateful that my dad helped me get through college,” Baena told The Unwaxed Podcast via Essentially Sports.

"But right when college was done, it was just like, 'You go. You’re on your own.' I was like, 'Oh, s**t'."

After struggling to break into the acting business, Baena decided to go in a completely different direction.

"So yeah, I needed a job, and I was not getting any of the acting roles that I thought I was going to get, and like starting to get paid," the 24-year-old added.

"I was like, 'I need to do something', so I started interning at this real estate company.

"I went in there. I was like, 'I want to just learn as much as possible while making some kind of income. And then I enjoyed it and was like, 'Oh, I think I can do this pretty well'. So, I got my licence."

Schwarzenegger isn't the only famous parent to make a point over finances. Back in 2011, NBA legend Shaquille O'Neal explained how he wants his kids to work hard in order to be successful.

The 51-year-old, who is rumoured to have a net worth of around $400 million, said he would rather invest in his offspring than just hand them money on a plate.

Appearing on the Earn Your Leisure podcast, Shaq said: "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."

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

"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, someone to take over my business. But I tell them I'm not going to hand it to you. You gotta earn it."