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Benzinga
Benzinga
Business
Jeannine Mancini

NBA Legend Shaq Says 'I Would Lose Almost Every Time' When He Invested, Then Adopted Jeff Bezos's Rule and 'I Quadrupled What I'm Worth'

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Shaquille O'Neal has made a career out of thinking big—on and off the court. But when it came to investing, even the 7-foot-1 superstar admits he didn't always get it right. "When I first started investing it was all for monetary purposes only," O'Neal told Forbes in 2020. "You could tell me anything and if it sounded good, I would invest, so I would lose almost every time."

It's not exactly what fans expect to hear from a man whose net worth now hovers around $500 million. But early missteps taught O'Neal something he couldn't learn from an MBA or a highlight reel. 

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