Shaquille O’Neal, Net Worth $400 Million, Bought 7000 Gallons of Gas a Month Incurring Massive 6 Figure Bill

Shaquille O’Neal played in the NBA for 19 years. In those 19 years, he played for 6 different teams; Orlando Magic, Los Angeles Lakers, Miami Heat, Phoenix Suns, Cleveland Cavaliers, and Boston Celtics. Shaq earned more than 50% of his net worth from his salary alone. He also was a keen learner so he learned about investments and business pretty early after a couple of rather naive decisions.

According to Shaq, he once spent a million dollars in a single day. He bought a Mercedes for himself, his father, and his mother. However, the Lakers legend was quick to realize that was not a good decision. Shaq learned about things from there on and in retirement, he is among the top 20 richest athletes in the world.

Shaq over the years has been a business owner, an analyst for TNT, a DJ, and an occasional actor featuring in Hollywood. He has multiple investments, and he owns many outlets from different fields which have multiple branches worldwide.

Shaquille O’Neal ran 23,000 dollars monthly gas station bill

Shaq now has a net worth of in excess of 400 million dollars. But it wasn’t the same in 2008 and his monthly expenses in the year were off the charts.

WATCH THIS STORY: 5 surprising things owned by Shaq.

Shaq once had a routine of buying 7,000 gallons of gas in a month. He has always been a car enthusiast but even for that, that is a lot of carbon footprint. Moreover, even for a wealthy guy like Shaq, 23,000 dollars per month on fuel alone seems astonishing and unreal. Probably a bit much as well.

But that is not all. In 2008, his monthly expenses were revealed amidst the divorce trials. Shaq’s monthly expenses were something to get absolutely shocked about. He spent around 200,000 dollars per month. Apart from 23,000 dollars per month, his expenses included 110,000 dollars in trips, 26,500 dollars for babysitting, 17,000 dollars for clothing, and 1,500 dollars for cable TV. Also, this does not include the basic requirements and spending of stuff like food or stuff like that. 

DIVE DEEPER

Steve Schrader revealed the inside information of the financial statement of Shaq who at the time earned around 2 million dollars per month from his Miami Heat contract. Well, even an extravagant spending routine does not seem to hinder much of the 2 million he made per month. This is why even after spending whatever amount on whatever things and donating massively, Shaq remains one of the richest athletes in the world.

Source: | This article originally belongs to Essentially Sports