Shaquille O’Neal Net Worth 2022 (Forbes) – Salary, Income, Earnings

Shaquille O’Neal Net Worth 

Shaquille O’Neal has an estimated net worth of $400 million. Standing 7 feet, 1 inch tall, Shaquille O’Neal was one of the most dominant players in the NBA before his 2011 retirement. He earns most of his income from his career as a basketball player, film production, and real estate investments. 

Shaquille O’Neal is one of the most dominant players in NBA history, having led his teams to NBA titles and Olympic gold medals. Following his retirement in 2011, O’Neal worked as an NBA analyst alongside Charles Barkley and Ernie Johnson.

To calculate the net worth of Shaquille O’Neal, subtract all his liabilities from his total assets. Investments, savings, cash deposits, and any equity he has in a house, car, or other similar asset are included in the total assets. All debts, such as personal loans and mortgages, are included in total liabilities.

Here’s the breakdown of his net worth:

Name: Shaquille O’Neal
Net Worth: $400 Million
Monthly Salary: $3 Million
Annual Income: $60 Million
Source of Wealth: Basketball player, Actor, Rapper, Film Producer, Television producer, Real estate entrepreneur

Early Life

Shaquille Rashaun O’Neal was born in Newark, New Jersey on March 6, 1972. He attended Louisiana State University after graduating from Cole High School in San Antonio, Texas, and went on to become one of the NBA’s most dominant players.

O’Neal was named College Player of the Year (1991) and a unanimous first-team All-American twice during his time at Louisiana State (1991, 1992). He left college after his junior year in 1992 to pursue a career in the NBA.

Professional Basketball and Stats

O’Neal, also known as “Shaq,” led the Orlando Magic in scoring, rebounding, blocks, and shooting percentage in his rookie season. O’Neal, a notoriously poor free-throw shooter, focused on getting more of his points on the power slam, and tough NBA centers quickly learned to foul O’Neal rather than give him an easy shot. O’Neal became the first player in NBA history to be named Player of the Week in his debut.

In 1996, O’Neal signed the NBA’s largest contract, a seven-year, $120 million deal with the Los Angeles Lakers. That same year, he was a member of the US Dream Team, which won gold at the Olympic Games in Atlanta, Georgia.

By the end of the decade, O’Neal had been named to the All-NBA Third Team three times (1994, 1996, and 1997), the All-NBA Second Team twice (1995 and 1999), and the All-NBA First Team once (1998). (After making his league debut with the First Team in 1998, he was named to the First Team seven more times — every year from 2000 to 2006.) O’Neal was named the NBA’s Most Valuable Player in 2000.

O’Neal agreed to a three-year, $88.5 million contract extension, and the larger-than-life center helped the team win three consecutive world championships (2000, 2001 and 2002). However, after growing dissatisfaction with team management and conflict with teammate Kobe Bryant, O’Neal was traded to the Miami Heat in 2004.

During the 2004-05 season, O’Neal averaged a double-double (22.9 points per game and 10.4 rebounds), and in 2006, he helped the Heat win their fourth NBA championship.

O’Neal also led the league in field goal percentage in 2005 and 2006, and he reached a career milestone by scoring his 25,000th point during the 2006-07 season.

O’Neal was traded to the Phoenix Suns after his fourth season with the Heat in 2007-08. He only played for the Suns for one season, but that didn’t stop him from receiving praise: In 2008-09, he led the league with a.609 FG percentage and was named co-MVP of the NBA All-Star Game in 2009.

O’Neal then went to the Midwest, where he joined the Cleveland Cavaliers in a trade that cost the team $500,000 and two players. In 2009-10, he helped the Cavs earn the No. 1 seed in the playoffs, where he averaged 11.5 points per game, and he established a season average of 12 points and 6.7 rebounds per game.

After only one season with the Cavs, O’Neal became a free agent and signed with the Boston Celtics in August 2010. Unfortunately, an achilles injury hampered both the player and the team in 2010-11: in addition to missing 27 regular-season games, O’Neal sat out the first round of the 2011 playoffs and played only two games in the second round.

O’Neal announced his retirement from the NBA on his Twitter page on June 1, 2011, stating: “We completed the task. It’s been nineteen years, baby. I sincerely appreciate it. That is why I am informing you first. I’m getting ready to retire. I adore you. I’ll call you soon.” O’Neal was inducted into the Naismith Memorial Basketball Hall of Fame in 2016 as one of the greatest players in NBA history. NBA expert O’Neal became an NBA analyst for TNT’s Inside the NBA after officially retiring in 2011. Working alongside former NBA stars Charles Barkley and Kenny Smith, as well as veteran sportscaster Ernie Johnson, O’Neal became well-known for his blooper-filled “Shaqtin’ a Fool” segment. In 2015, he renewed his contract with the show.

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Music Career

While establishing himself as an NBA All-Star, O’Neal was also pursuing a side career as a rapper. In 1993, he appeared on the Fu-Schnickens’ Top 40 single What’s Up Doc?, which was later included on his debut solo album, Shaq Diesel. The album was certified platinum with the help of artists such as Def Jef.

Shaq-Fu Da Return, released in 1994, established O’Neal as a gold-certified rap artist thanks to a slew of guest stars. His third album, You Can’t Stop the Reign, was released in 1996 on his own label, TWIsM (The World Is Mine). Respect was released in 1998, and a fifth album, Presents His Superfriends, was planned for 2001 but was scrapped.

Acting Career

O’Neal has also appeared in several films, including Blue Chips, in which he co-starred with Nick Nolte, as well as in films such as Kazaam! and Steel, for which he also recorded the soundtrack albums. He has worked on a variety of film and television projects in recent years, from a guest appearance on the gritty police drama Southland in 2013 to starring in his sitcom pilot in 2015. In 2018, he co-starred in the sports comedy Uncle Drew with Kyrie Irving, Tiffany Haddish, and a slew of former NBA players.

Ownership, Esports and Restaurants 

O’Neal earned a Master of Business Administration degree from Barry University in Florida in 2005, with the goal of expanding his business footprint, and later returned to the university to earn a doctorate degree in education in 2012.

In 2013, he became a minority owner of the NBA’s Sacramento Kings and was later named general manager of the Kings’ esports team. He invested in the NRG Esports organization in 2016. O’Neal is also a restaurant owner, having purchased a Krispy Kreme in Atlanta and opening his own Southern cuisine restaurant, Shaquille’s, in Los Angeles. He joined Papa John’s board of directors and became a brand ambassador in 2019.

Law Enforcement

O’Neal’s forays into law enforcement have also made headlines. In 2005, he was named an honorary U.S. Deputy Marshal, and in 2016, he was sworn in as a Clayton County, Georgia, sheriff’s deputy. O’Neal joined the Broward County Sheriff’s Office in Florida as an auxiliary deputy in 2019.

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Personal Life

O’Neal has four children from his marriage to ex-wife Shaunie Nelson, as well as another daughter from a previous relationship.

O’Neal is 7 feet, 1 inch tall. He wears a size 22 shoe.

Further Reading

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Shaquille O’Neal did not become rich by luck. To become as rich as Shaquille O’Neal, you have to work smart.

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