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LOS ANGELES, CA â FEBRUARY 18: Shaquille OâNeal arrives ahead of the 2018 NBA All-Star Game at the Staples Center in Los Angeles, California on February 18, 2018. (Photo by Philip Pacheco/Anadolu Agency/Getty Images)

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LOS ANGELES, CA â FEBRUARY 18: Shaquille OâNeal arrives ahead of the 2018 NBA All-Star Game at the Staples Center in Los Angeles, California on February 18, 2018. (Photo by Philip Pacheco/Anadolu Agency/Getty Images)
All-time NBA great Shaquille OâNeal is one of the richest retired players ever. And it is not by accident. Over the course of his NBA career, he earned an estimated $292 million through salary. His popularity around the world also helped him earn some great endorsement deals. Shaq has used this as a base and built a business empire. As per reports, he currently owns around 200 stores and has an estimated net worth of $400 million. Also, he earns around $60 million per year.
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The multi-millionaire is undoubtedly one of the most generous celebrities and gives back to society a lot. OâNeal has stated multiple times that he never forgets his roots and where he came from. The âBig Dieselâ came from very humble beginnings in Newark, New Jersey. He recently talked about his efforts to better the neighborhood. The four-time NBA champion made an appearance on the âDrink Champsâ podcast recently and discussed a wide variety of things.
During the chat, OâNeal spoke about the importance of educating oneself. He stated that it is not just about going to school; it is about being aware of what is happening around one.
Shaquille OâNeal talks about giving back to Newark
Shaquille OâNeal talked about educating oneself and disclosed one of his ventures to help society. âMe and my group, the âBoraie Groupâ are responsible for tearing down the projects and building condos,â Shaq said. Then the host wanted to know what they do with the people that were already living there. âWe charge some people but you know but we let people you know do the section-A thing, we give people jobs so. We are beautifying, you know the city,â OâNeal replied.
The Los Angeles Lakers legend also added people who were already living there are never displaced.
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A 33-story apartment tower in Newark developed by Shaq and his partners is nearing its completion. A few months back, the group celebrated a âtopping offâ ceremony, and OâNeal, his development partners, Gov. Phil Murphy, and Newark Mayor Ras Baraka were present. The construction is expected to be completed within an estimated period of 10 months reportedly.
The former MVP is famous for his random act of kindness as well. Basketball fans would have seen some of his viral videos where he extends a helping hand to a total stranger.
Do you think Shaquille OâNeal is one of the most generous former basketball stars ever? Let us know in the comments below.
Written by
Edited by
Veer Badani
