Shaquille O’Neal Tells His Son He’s On His Own, Cuts Off Financial Support

Athletes | 9/29/22

Shaquille O’Neal dominated the NBA for 19 seasons. During that time, he won four championships and amassed millions.

Today, Shaq earns millions endorsing nearly everything, and his children get no handouts from him.

The $400 Million Dollar Man

As of 2022, Shaquille O’Neal is 50 years old and has six children.

Shaq and Oreo
Marcus Ingram/Getty Images for OREO Chocolate Candy Bar
Marcus Ingram/Getty Images for OREO Chocolate Candy Bar

O’Neal has a Net Worth of $400 million and believes he, not his children, has earned that money.

“We ain’t rich. I’m rich.”

O’Neal has earned the ire of his children after he famously said, “We ain’t rich. I’m rich.”

Shaq in a Lamborghini
Roger Kisby/Getty Images for Amazon Devices and Services
Roger Kisby/Getty Images for Amazon Devices and Services

O’Neal is attempting to teach his kids the value of earning money.

Shaq Was MVP, Not Father of the Year

Shaq was very successful during his NBA playing days.

Shaq MVP and Larry O'Brien trophy
STAN HONDA/AFP via Getty Images
STAN HONDA/AFP via Getty Images

O’Neal was a 15x NBA All-Star, an NBA MVP, and won two NBA scoring titles and three NBA Finals MVP awards. That’s not even including his four championship rings!

Shaq the Emmy Award-Winner

After his time in the NBA, Shaq began co-hosting the Emmy Award-winning show “Inside The NBA.” He also endorses shoes, pizza, computer printers, insurance, and many other products.

Shaq at NBA Awards
Kevin Mazur/Getty Images for TNT
Kevin Mazur/Getty Images for TNT

Needless to say, Shaq will not go broke.

Let’s Add Hall of Fame To Shaq’s Accomplishments

The retired NBA Legend is a 2016 Naismith Basketball Hall of Fame inductee.

Hall of Fame induction for Shaq
Jim Rogash/Getty Images
Jim Rogash/Getty Images

Shaq’s on-court success came fairly easily, but off-court he had to work hard for everything he accomplished.

Shaq the Man, the Myth, and Legend

Despite O’Neal’s likeness and signature being on seemingly everything, he wants to send a very different message.

UFC 276: Volkanovski v Holloway
Chris Unger/Zuffa LLC
Chris Unger/Zuffa LLC

The loveable TV star wants to be known for his kindness off camera.

“Can I Rock? What’s Up Doc?”

Basketball allowed Shaq the opportunities for his many other ventures, something he wants his kids to understand.

Shaq rapping at a concert
Kevin Winter/Getty Images for Turner Sports
Kevin Winter/Getty Images for Turner Sports

For example, Shaq released a rap album in 1993 that eventually would go platinum.

Officer O’Neal

By becoming a deputy sheriff, Shaq wanted to make a difference and teach his kids something valuable.

Officer Shaq
Robert Mora/Getty Images
Robert Mora/Getty Images

O’Neal wanted to show his children that life was about more than money.

Shakespeare Had Nothing On Shaq

Another of Shaq’s outside interests was acting. O’Neal has appeared in numerous movies and commercials.

Shaq as 'Kazaam'
Buena Vista/Getty Images
Buena Vista/Getty Images

Shaq refuses to sit around collecting paychecks and expects the same from his children.

Shaquille O’Neal, Heavyweight Champion of The World

Every day of Shaq’s life was an example or life lesson for his children.

Shaq at WWE Monday Night Raw
Allen Kee/WireImage for World Wrestling Entertainment, Inc
Allen Kee/WireImage for World Wrestling Entertainment, Inc

Shaq wrestled and trained in MMA for fun, showing his kids how he capitalized on being famous.

Business Ventures and Endorsements

Shaq is everywhere. Shaq invested in many of the companies he did commercial spots for.

Shaq and Epson Printer
Michael Kovac/Getty Images for Epson
Michael Kovac/Getty Images for Epson

O’Neal owns 9 Papa John’s pizza locations and also is featured in some commercials.

It’s a Hard Knock Life

Shaq’s children are used to his life lessons and harbor no actual resentment for his tight purse strings.

Shaq and his kids
Cassy Athena/Getty Images
Cassy Athena/Getty Images

Shaq refuses to let his kids use his name to gain their success.

Shaq and “The Terminator” Have More Than Muscles In Common

Arnold Schwarzenegger has a similar approach to Shaq’s with how he handles his wealth and children.

AS
Isabel Infantes/PA Images via Getty Images; MICHAEL TRAN/AFP via Getty Images
Isabel Infantes/PA Images via Getty Images; MICHAEL TRAN/AFP via Getty Images

Schwarzenegger financially supported his son, now a doctor, until he graduated from medical school.

Be All That You Can Be

What O’Neal wants of his children is no different from parents who make fractions less.

Shaq and Big Chicken
J. Conrad Williams, Jr./Newsday RM via Getty Images
J. Conrad Williams, Jr./Newsday RM via Getty Images

Shaq wants his children to pursue professional careers and someone to take over his businesses.

A Lawyer, Doctor, or Whatever, Shaq Wanted His Kids To Earn Things

One child could study law or medicine while earning and banking their own income; Shaq did not care.

Shaq and small businesses
Daniel Shirey/Getty Images for American Express
Daniel Shirey/Getty Images for American Express

All that O’Neal wished for was that his kids earn things themselves.

007 or Double O’Neal

Daniel Craig, of “James Bond (007)” fame, takes how Shaq and Schwarzenegger deal with their children and finances to the extreme.

Daniel Craig
Dave Hogan/Getty Images
Dave Hogan/Getty Images

Craig believes leaving children an inheritance is “quite distasteful.”

O’Neal Came From Humble Beginnings

Growing up in Newark, New Jersey, was financially challenging for Shaq and his parents.

Shaq reading his book to kids
Paul Zimmerman/Getty Images
Paul Zimmerman/Getty Images

“I came from nothing,” Shaq said. O’Neal refuses to equate his wealth with his success.

“I’ve Never Been That Way And I Never Will Be That Way”

To Shaq, being rich and famous does not make him better or smarter than other people.

Shaq at Toys for Tots
Chance Yeh/FilmMagic
Chance Yeh/FilmMagic

O’Neal said, “…just because I have more money doesn’t mean I’m better than you.”

The Apple Falls From A Big Shaq-Tree

O’Neal has four children from one marriage, a stepson and a daughter with an ex-girlfriend.

Shaq with his children
Hans Gutknecht/MediaNews Group/Los Angeles Daily News via Getty Images
Hans Gutknecht/MediaNews Group/Los Angeles Daily News via Getty Images

Son Shareef is a college basketball star and is projected to go to the NBA.

Shaq’s Math: A+ = Any Car You Want Son

Shareef achieved straight A’s in school, for which Shaq promised him any car he wanted.

Shaq and Shareef O'Neal
Emma McIntyre/Getty Images for Apple
Emma McIntyre/Getty Images for Apple

After Shareef called Shaq from a Mercedes-Benz dealership, Shaq recommended he go elsewhere. When he said, “any car,” he didn’t mean the top of the line!

Dr. Shaquille O’Neal

Not doing well in school was a deal-breaker for Shaq.

Shaq graduating
Aaron Davidson/WireImage
Aaron Davidson/WireImage

When one son got a D on a research paper because he could not find the information, O’Neal got angry, telling him he had to figure it out and get his grades up.

Figure It Out

“You’ve got Google. You got Bing.” Shaq admitted to telling him.

Shaq and sons
Michael Kovac/Getty Images for Turner Sports
Michael Kovac/Getty Images for Turner Sports

“When I was your age, I had to go to a neighbor’s house and buy an encyclopedia.”

Shaq Did Not Want To Be Another Athlete Stereotype

Without a good education, Shaq wanted his kids to know that having money meant nothing.

Shaq and Family
Vallery Jean/Getty Images
Vallery Jean/Getty Images

Shaq did not want to be like other famous ex-athletes that went broke after retirement.

“Boom, boom, boom, bring it to me”

True, many of Shaq’s philanthropic and business opportunities arose from his fame.

Shaquille O'Neal Visits Krispy Kreme Toronto
George Pimentel/Getty Images
George Pimentel/Getty Images

What O’Neal wants are his kids to present real business ideas, as he did when seeking financial investors.

“Get Three Degrees To Touch Some of My Cheese”

“Get three degrees to touch some of my cheese,” Shaq humorously uttered in a TV interview.

Shaq and family
Michael Tullberg/Getty Images
Michael Tullberg/Getty Images

O’Neal’s children were expected to graduate and seek financial aid only for business purposes.

Shaq Had More Than Money To Give

Demanding and expecting excellence in education from his children is not a reflection of Shaq’s generosity.

Shaq playing with kids
JIM WATSON/AFP via Getty Images
JIM WATSON/AFP via Getty Images

O’Neal bought an engagement ring on layaway for a young man who was “hardworking.”

Shaq Made Everyone Happy, Except His Kids

How easily Shaq gives his time and dollars to strangers and businesses rather than his kids frustrates them a whole lot.

Shaq A Claus
Mark Sullivan/Getty Images
Mark Sullivan/Getty Images

Every day Shaq leaves the house with the goal of making others happy.

My Money Didn’t Grow On Trees

“… if you want me to invest in one of your companies, you’re going to have to present it…I’m not giving you nothing.”

Shaq opening a Papa John's location
Prince Williams/Wireimage/Getty Images
Prince Williams/Wireimage/Getty Images

Nothing except basketball came easy for O’Neal, and he wants his kids to see that things have to be worked for and earned.

The World Is Yours

O’Neal believes he would be a genius if he had access to the information his children have today.

Shaq as
Gerardo Mora/Getty Images
Gerardo Mora/Getty Images

“The world is at our fingertips,” O’Neal wants all kids to realize.

Momma Knows Best

Insisting on higher learning came from Shaq’s upbringing, and was not him being mean.

Shaq and his Mom Lucille O'Neal
Raymond Hall/FilmMagic
Raymond Hall/FilmMagic

O’Neal left L.S.U. after three years but fulfilled a promise to his Mom, graduating in 2000.