Shaq is a Tech Mogul!

Shaq is a Tech Mogul!
Image ©Gary A. Vasquez-USA TODAY Sports
Kuthula Magubane
Author:
Kuthula Magubane
Updated: 
August 26th 2022 - 12:09 PM

The 7’1, 325-pound center played for six teams through his 19-years in the NBA. He is a four-time NBA Champion, winning 3 of his titles with the Los Angeles Lakers. Shaquille O’Neal had a very glorious career, and was able to make some business savvy decisions with his NBA earnings that saw him grow into a successful entity on and off the court. Place a bet at any Pennsylvania Online Casino such as FanDuel, DraftKings and BetMGM.

His portfolio was doing very well and highly diversified, but once he retired from the game of basketball his ventures took off into meteoric levels of success, and of his generation and for his level of on-court fame and prowess, he is arguably the most successful player in his position, post NBA career.

Shaquille O’Neal is an intelligent man, one who earned a business doctorate, which definitely can attest to his level of wisdom. While it’s not quite known exactly how he found his way in as a Google investor before the company went public, he still did it. As we all know in the present day, that was definitely the right business decision to make.

Run these numbers: before Google went public in 2004, the company’s stock traded at $85 per share. In today's market, one share of Google stock costs well over $700.

Google isn’t the only company in Shaq’s stock portfolio, he regularly trades penny stocks for fun and has other significant investments. In the tech arena, O’Neal has also invested in Loyal3, a San Francisco startup that revolves around giving previously disadvantaged individuals IPO access.

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