Shaquille O’Neal has built a fortune that stretches far beyond his legendary NBA career. He’s not just a businessman; he’s a calculated investor who has made some incredible bets. But he wasn’t always this savvy when it came to managing money. It took one conversation with an 80-year-old man driving a Rolls-Royce to completely change his mindset.
The Lesson That Changed Everything
Shaq shared the story on his YouTube show, “The Break,” in an episode focused on investing. “I used to see this rich guy, really rich, older—like 80—driving a Rolls-Royce,” Shaq said. Curious, he asked the man how he became so wealthy. Instead of some complex financial strategy like risky stock picks or flashy real estate deals, the man simply told him about annuities, an investment where you put money in now and receive steady payouts later. It’s like setting up a guaranteed retirement income.
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