We are not rich, but I am rich: Shaquille O'Neill's education of her own children

Shaquille O'Neill is one of the greatest basketball players in NBA history. While the salary and endorsements have earned him a lot of money, the investments he made after his career continue to build him wealth.

According to the sports rush, O'Neill has 17 Aunt Anne pretzels restaurants, 40 fitness centers, 150 car washes, Las Vegas nightclubs and more. That brings him in a net worth of more than $400 million, and he says he doesn't want his children to live off that money without their own jobs.

In a discussion organized by Cultural Millennials, O'Neill said his six children, especially his sons, need to know the value of self-reliance.

"My kids are now grown up. They're a little mad at me," he explained. "They're not really upset, they just don't understand. I keep telling them we're not rich. I'm rich. No, you have to have a bachelor's or master's degree, and if you want to invest in your company, you have to give it to me and I'll tell you. I won't give you anything. Girls, I'll take care of the girls, but boys, they get nothing. ”

In addition, O'Neill detailed his vision of his child's future financial situation. "Yes, I suppose, but I try to make them figure it out for themselves," he said. "There is one rule: education. I don't care if you play basketball or not. I don't care about that. I have six children. I want a doctor, a guy who owns a hedge fund, a pharmacist, a lawyer, someone who owns multiple businesses, someone who takes over my business. But I told them I wouldn't give it to you. You have to fight for it yourself. ”

During his NBA career, Shaquille O'Neal has been named an All-Star a total of 15 times, an All-Star 14 times, a leading scorer twice, an NBA championship four times, a Finals Most Valuable Player three times, and a regular season Most Valuable Player with a total of 28,596 points.